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Outlook 2007 for Washtenaw County - 03/28/07 10:21 AM
Last week I had the opportunity to sit in on a luncheon with University of Michigan Economist George Fulton and Google Adword's Grady Burnett. Both speakers were to the point, witty and frank about the current issues facing the Ann Arbor region. George Fulton's speech can be seen here. 20 years he has been doing this analysis for the Ann Arbor News and every year he has delivered an insightful, frank, yet witty speech. Remarkable, considering economic numbers are usually the key to curing insomnia! Now, what would have put this video presentation over the top, for me at least, would have (1 comments)
Say "Buh,Bye" to The Pop-Up Tax....Temporarily - 03/20/07 05:25 PM
Well, call me shocked! I didn't think the folks from my former life would catch on that quickly. I am pleased to point out that the Michigan Legislation has found it in themselves to address the heinous, nearly uncovered, downside to Proposal A from 1994. Any property purchased from March 1st, 2007 to September 30th, 2008, the proposal states, will be exempt from the pop-up tax for 18 months. For those just bumping into the fray, Prop A capped homeowner's property tax until a transfer of property occured, i.e. a property sold. When the property sold, the taxable value is uncapped and (3 comments)
Thinking of Buying a Home Next Year? - 03/19/07 05:08 PM
HERE'S MORE INCENTIVE Ok, so I had to dust off the RSS feed aggregator...I can't believe I missed this article! According to a March 13th, 2007 Detroit News article the folks in Lansing do recognize a problem with Proposal A in a declining market! What the article highlights is a proposal to suspend the "pop-up" tax that typically occurs in Michigan when a property transfers ownership. The proposal is to delay the pop-up by 18 months While I am happy to hear my former colleagues in Lansing are addressing the issue, do you think they might want to speed up that legislation? Really, how does (0 comments)
February Housing Statistics - 03/17/07 01:38 PM
Now with property type specific stats That's right! Big House Data has done it again! Not only do they provide the only comprehensive stats package for Washtenaw County, they have now split the data between Condos and Homes! Homes: Average sales price Here is the chart showing the average sales price of homes in Washtenaw County. Not only does it look like the slope on a hill in Colorado, the 12 month moving average trendline is following suit. [see the full post at SE Michigan Real Estate] (1 comments)
Shameless Self-Promotion - 03/14/07 06:38 PM
Why I Enjoy My Business Via email from a regular to SE Michigan Real Estate: "Yes, your blog was most helpful, especially the statistics. I still go back now and then just because I find it so interesting. If we had been less informed, we'd probably still be looking. We made a low bid on our dream house (a high bid for us) -- and it was accepted! Without your blog we never would have thought it possible." - David A. David, thank you! If this is Black-Tie Service via blogging, can you imagine what your real estate transaction would look like?! Experience Real Estate Simplified with Black-Tie (1 comments)
Happy Blogiversary! - 03/02/07 06:46 PM
FYI for A/R readers out there - The "other" blog is one year old today. >>From SE Michigan Real Estate<< Holy Smokes! Twelve months of blistering opinion, fascinating facts, graphical graphs and news. For all of this blog's kind readers: Thank you for stopping by! >>For the A/R readers, thank you for your support, comments and general good-naturedness.<< (1 comments)
Tax Tribunal Assistance - 03/01/07 09:24 AM
So, with the discussion of Michigan's Proposal A and its effect on taxes in a declining real estate market, it seems to me that there may be some folks that are looking for assistance in fighting their increase in assessments. If you are caught in the situation where you believe your assessed value has outpaced the increase in property value for your area, I would be happy to provide the market data for you to take to your municipality's tax tribunal. This scenario affects all property owners, not just home owners. If you own commercial property you are affected as well! I would (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.