Northern Michigan Real Estate

The Charlevoix Marina and East Park reconstruction project is moving ahead.  As you can see from these photos, the bandshell, along with the old harbormaster and chamber of commerce buildings have been demolished to make way for the new harbormaster building and performance pavilion.The marina po...

Residential Sold Information for February, 2007  Total MLS 20062007Number of Sales 6146Average Selling Price$349,901$250,580Median Selling Price$162.000$161,250Units on Market19122069______________________________________________                              #  of Sales             Avg/Median Pri...

Residential Sold Information for January,  2007     2006                               2007                                 Number of Sales      60                                   52                           Average Selling Price$297,091                     $221,849                            ...

The Michigan Department of Environmental Quality (DEQ) recently announced that it had completed its inventory of wetlands.  The purpose of the inventory is to provide potential and approximate locations of wetlands and wetland conditions.  The inventories are intended to be used as one tool in pl...

A new Detroit Free Press-Local 4 poll shows that Governor Jennifer Granholm's proposed 2% tax on services has only meager support.  Only 28% of those polled support the proposed new tax.  Even fewer people, 14%, support a 25% increase in the state income tax.  However, a majority of those polled ...

The Democratically controlled Michigan House of Representatives recently passed a bill by a 77-31 margin to suspend the so called "pop-up tax" on the sale of a home for eighteen months, with the suspension to be retroactive to March 1st of this year.Under Michigan's Proposal A, the taxable value ...

Buyer's Broker of Northern Michigan finished a respectable 3rd in the Char-Em Adult Hockey League Division 2 standings, with a record of 16-9-3.  Buyer's Broker recently bowed out of the playoffs losing in a semi-final game to Miller's Sports Shop.  Congrats everyone on another great season!Stand...

Exclusive buyer agents and their trade association, the National Association of Exclusive Buyer Agents, are highlighted in the March 2007 Edition of Kiplinger's Personal Finance. The article, "Hire Your Own Agent", states the following: "Unlike traditional agents, EBAs don't work for listing brok...

REALTOR® Magazine convened a roundtable of what it describes as some of the nation's most innovative and successful residential brokers to get their views on where the real estate business is headed.  The first question posed concerned Exclusive Buyer Agency, specifically, "Where do you see exclu...

CEO's of various homebuilders presented their insights regarding the current state of the new housing market at a Citigroup sponsored conference recently.  Read the Marketwatch article. Most homebuilders seem to be struggling with excess inventories resulting from a high percentage of contract ca...