Michigan Real Estate Musings

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Real Estate Agent - Real Estate One
Posts about things going on in Real Estate in Milford, Michigan; Highland, Michigan; White Lake, Michigan; Commerce Twp, Michigan,; West Bloomfield, Michigan; South Lyon, Michigan; Birghton, Michigan and HArtland, Michigan in Oakland and Livingston Counties of Michigan

ARCHIVED BLOG POSTS

2009 

I seldom spend lots of time perusing the various blog categories on ActiveRain, but this morning I had a few minutes available, so I decided to look around more than I normally do. I guess it had not occurred to me to game the system on this blog, but it apparently has to lots of others. I noted ...
12/31/2009
I got to thinking about the topic of home stripping and actually ended up thinking that there maybe some instances where it's OK for the owner to take a few things out of the house. For instance, let's say the owner replaced a rather plain looking, builder-grade chandelier with a very expensive o...
12/29/2009
I saw an article at the CNBC Web site recently that discussed the stripping of foreclosed homes. Since that occurs all the time in this area, I was fascinated by the fact that the article claimed that an owner stripping a house is actually not illegal in many states - there just aren't any laws a...
12/29/2009
The Sunday Detroit Free Press had an article by Kathleen Howley and Dan Levy of Bloomberg News about the alarming increase in defaults and short sales involving $1 Million-plus homes. These mansions in distress are mainly located in the areas that we might expect - California, Arizona and Florida...
12/28/2009
Forbes Names Cities With Biggest Price Drops   Cities that experienced housing recessions were affected as much by local economic factors as they were by national ones, according to a study by Local Market Monitor for Forbes magazine. Cities that have lost the most value are concentrated in the M...
12/26/2009
Patience and perseverance have a magical affect before which difficulties disappear and obstacles vanish - John Quincy Adams. That was the saying that a co-worker put into all of her Christmas cards to her fellow Realtors. Likely it is good advice for the Realtors and their clients.I often go ove...
12/25/2009
A recent article by Bob Hunt on the Realty Times Web site (click here to read the article) made the point that the extended and expanded homebuyer tax credit may be used by buyers no matter whether they are moving up down or sideways. That is worth remembering and using to get newly retired or a...
12/24/2009
In Michigan, each home is assigned a value called the State Equalized Value (SEV), which is the assessed value of the house divided in two. Ostensibly this value is used for taxing purposes. For the past year or so I've been using a SEV multiplier range of 1.4 - 1.8 to get a gage on home values, ...
12/23/2009
Is it just me or do all of our politicians at the state and national level seem to be grumpy old men and women (no matter what their ages)? Every bill seems to be bitterly fought over in the most partisan manner possible. Every Congressman or Senator from one party thinks that every Congressman ...
12/20/2009
The Associated Press reports that a recent study on personal happiness found that those who live in sunny, outdoorsy states - Louisiana, Hawaii, Florida - say they're the happiest Americans.The study published in the journal Science was based on two data sets: one on personal reports of happiness...
12/20/2009
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Norm Werner

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Posts about things going on in Real Estate in Milford, Michigan; Highland, Michigan; White Lake, Michigan; Commerce Twp, Michigan,; West Bloomfield, Michigan; South Lyon, Michigan; Birghton, Michigan and HArtland, Michigan in Oakland and Livingston Counties of Michigan