Northern Michigan Real Estate

The Detroit Free Press recently ran an article outlining how overdue condominium association fees can hold up or derail short sales.I have encountered this scenario on a number of occasions in my capacity as both real estate broker and real estate attorney.  What really surprised me about the art...

The case of a California couple who are suing their real estate agent because they feel they overpaid for their home in 2004 has ignited a firestorm within the real estate community.  The N.Y. Times featured the case in a recent article, and the Today Show will also apparently be running a story ...

Petoskey, Michigan is being featured along with seven other towns in the January/February 2008 issue of Where to Retire magazine, in an article entitled "8 Terrific Low-Tax Towns."The article notes that ". . . in Petoskey, the skiing, sailing and scenery attract many retirees who also enjoy upsca...

The Traverse City Record Eagle is reporting that construction spending in Grand Traverse County slumped to $152.6 million in 2007, the lowest amount in more than seven years. The article also paints a bleak picture for 2008. A representative from Traverse City based Comstock Construction Co. indi...

Harbor Springs real estate market activity continued to slide in 2007, with unit sales and total dollar volume of single family residential transactions posting lows not seen since at least prior to 2001, the last year for which sales statistics are available through the Northern Michigan Multipl...

Petoskey real estate sales volume decreased in 2007 from 2006, which is not a surprise based upon the weak state and local economies. Unit sales of single family homes and condominiums in the Petoskey School District decreased to 255 units from 282 units, a decline of over 9%.  Petoskey home sale...

It has been a busy month for area planners as a host of approvals are being sought for new commercial real estate projects in the Petoskey area.  Walgreens is reportedly planning on building a new store on Petoskey's north side, at the site currently occupied by Kentucky Fried Chicken and the old...

Northern Michigan Hospital has changed its name to Northern Michigan Regional Hospital.  Along with the new name comes a new logo as well.  Very classy.How very fortunate we are to have such an excellent regional referral hospital in our small Northern Michigan community, with its kind and caring...

The National Association of Exclusive Buyer Agents (NAEBA) is holding its annual meeting in Las Vegas this week.  One of the topics of discussion is marketing the concept of exclusive buyer agency.   The topic of agency is confusing, even to many real estate agents.  How can exclusive buyer agent...

Does Google's plan to dominate the world real estate industry involve a Zillow takeover?  Will the MLS finally be eliminated once and for all?  I'm not sure how this rumor started, if it even is a rumor, but check out this vignette, which includes Saul Klein from Internet Crusade, Rich Barton of ...