michigan real estate: Bad News/Good News For Ann Arbor Area Home Owners - 11/11/08 09:42 AM
The most recent issue of the Michigan Realtor (MAR) is out and has a great article outlining the Michigan housing market compared to the rest of the country. To sum up the article:
Michigan did not rise to the housing value heights that other states have;
Housing market recovery will … (0 comments)
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michigan real estate: Real Estate Chat and Open House - Weekend Schedule - 07/12/07 08:35 AM
Team366 is at it again! This week, we are featuring three properties from across the Ann Arbor Area:
This Sunday, from 1-3pm, hosted by Mr. Harry Kroth, is 624 Riverstone in Chelsea, Michigan. Check out the YouTube video walk through here and learn more about the property through our vFlyer for this property.
Next … (0 comments)
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michigan real estate: Team366 Real Estate Chat and Open House: Ann Arbor - 06/29/07 02:51 PM
It's the weekend! That means that Team366 will be set up for real estate chats across the area this weekend. This week our focus is on Ann Arbor.
Mr. Jim Tillman is hosting 2453 Bunker Hill, Ann Arbor
Mr. Eric Pointer is hosting 1560 Kuehnle, Ann Arbor
Mr. Todd Waller is hosting 2731 Aurora, … (1 comments)
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michigan real estate: Subprime Mortgage Market Fallout and "Six-inch hooker heels." What? - 06/27/07 05:00 PM
Anyone else see the quote of the day from Inman News? "Six-inch hooker heels" is how Bill Gross of PIMCO, the world's largest bond fund describes the attractiveness of mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) to the ratings agencies.
Actually, the whole article is pretty good. Click here for some … (3 comments)
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michigan real estate: Real Estate Chat and Open Houses This Sunday - 06/23/07 02:38 PM
Three excellent properties will be hosting Real Estate Chats and Open Houses this Sunday, June 24th from 2 - 4 pm.
First up, in Ann Arbor, is 1560 Kuehnle, hosted by the man himself, Jim Tillman. Here's a quick review of the property itself.
As you head west from Ann Arbor towards Chelsea, … (0 comments)
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michigan real estate: May 2007 Housing Stats - 06/14/07 04:05 PM
What appears to be a regular feature on this blog, is the monthly rolling out of Big House Data's housing stats. Well, let June be no exception!
From the BHD Executive Summary:
The mantra in this market is: price moves homes. Location, price and condition are the traditional three keys to selling real … (1 comments)
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michigan real estate: Flippers, Foreclosures and Subprime. Oh My! - 04/22/07 07:46 AM
Sunday's Ann Arbor news spotlights the coming boom in foreclosures to Washtenaw County. It was thought that Ann Arbor and the surrounding environs was a relative island amongst the pain in the housing market in SE Michigan. However, every island, no matter how beautiful and idyllic will see some storms and … (4 comments)
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michigan real estate: Ann Arbor Schools - We Want Your Kids! - 04/20/07 06:18 AM
The Ann Arbor school district is looking for more kids. Compared to last year, the district is down about 200 kids. This has prompted the school board to look at ways to bump up the revenue stream. By their own estimates, there are 4,000 kids in Ann Arbor that attend charter … (1 comments)
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michigan real estate: Washtenaw County Housing Statistics - March 2007 - 04/14/07 04:55 PM
Well, this could be an interesting year for real estate in Washtenaw County. What initially looked like a split personality in the market, finally resolved itself in March. The first quarter of 2007 is behind us and it is safe to say that the market is getting tougher on sellers.
Average List … (0 comments)
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michigan real estate: Subprime, Wallstreet, Bonds...Oh My! - 04/11/07 08:56 PM
A sad, yet interesting phenomenon has been happening with greater frequency in the realm of real estate. That's the talk of and acceptance of short sales as a way to sell a home.
Short sales, in the "Cliff Notes" version, are the way for sellers to negotiate directly with a bank or … (4 comments)
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michigan real estate: Let's Make Something Happen! - 04/10/07 10:43 AM
The market is heating up!
When it comes to the local market, the media is simply wrong and one-sided. The truth of the matter is that Spring has sprung and buyers and sellers are at it again! Homes are selling--sellers are upsizing, downsizing, and relocating, and buyers are flocking to Well-Priced homes, buying … (2 comments)
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michigan real estate: The Pathway Paved with Good Intentions Goes Where Again? - 04/07/07 09:08 AM
iPods. Fun technology that allows folks to wander around with their music and video collection at the ready. Great marketing by Apple, slick design and boom, a piece of technology that many can't live without in their daily routines. A few years ago, Duke University experimented with giving their incoming freshmen an … (5 comments)
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michigan real estate: T-Minus 4 Weeks: Principle Residence Tax Exemption - 04/03/07 02:05 PM
So Lansing, in all of its infinite wisdom, decides to blow out the proposal on halting the pop-up tax for eighteen months. Well, we still have a small thing called the Principal Residence Tax Exemption that could greatly affect your tax bill. The link will take you to a pdf put … (6 comments)
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michigan real estate: 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 … (1 comments)
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michigan real estate: 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, … (3 comments)
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michigan real estate: 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 … (0 comments)
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michigan real estate: 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 … (1 comments)
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michigan real estate: 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 … (1 comments)
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michigan real estate: 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 … (1 comments)
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michigan real estate: 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 … (0 comments)
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