First, this is a tax credit, not a cash payment. It's unlike a bailout to a bank, or even Cash for Clunkers where we as citizens wrote checks to take serviceable vehicles off the road. By taking part, buyers are keeping tax dollars out of Treasury hands, and I like that. A small distinction, I know, as the money will be made up somewhere.
Second, it's estimated the median home sale generates ...
September proved to show a long anticipated increase in real estate activity in Northwest Michigan. Buyer activity has been trending upward after a lackluster summer season, and we're driving into the fall with a lot of offers being written and properties being put under contract.
The number of residential sales for September we up 31% over 2008- actually they were the best they've been in the past ...
Fall brings fish into the rivers of Northwest Michigan, first Coho and Chinook Salmon, and later Steelhead. Enthusiasts travel long distances to enjoy the action and the beauty of the region. One of my clients is a river guide, and had a group coming in from North Carolina last weekend.
One of the best know locations among fisherman and tourists alike is the old Homestead Dam site on the Betsie River, ...
That's Lake Ann for those of you who don't know Northwest Michigan lingo.Who: Motivated sellers who just improved their price to $118,000What: World's neatest 3 BR bi-level, with fully finished basement and detached garage.Where: 6226 Reynolds Road (just South of 610/Almira Road), close to state land and lake access.When: New price NOW- bring your buyers TODAY.Why: Because you're tired of seeing worn ...
Definitely worth the 9 minutes to watch.
I handle REO (foreclosure) listings for several banks, including Bank of America and local banks, and the number of new listings incoming have dropped off dramatically recently. In conversation with others who handle these properties, and with local banks, this dip was often echoed. It's likely that a foreclosure moratorium in place over the winter has delayed some properties coming ...
The passing of the $4500 "Cash for Clunkers" tax credit out of the House got me thinking. First, let's not fool ourselves into thinking that this is serious efficiency legislation- yes, it puts an incentive on deciding upon a fuel efficient vehicle, and that's certainly more palatable than forcing higher efficiencies and limiting consumer choice. But this is about getting auto sales moving more than ...
It's been a darn good week here in Benzie County. The sun finally found its way back to our little corner of the world and warmed things up some. Most of the golf courses are now open (I even got out to play once!) and most of the snow is gone. I've also heard that the steelhead fishing is great- Betty from Vacation Trailer Park on the Betsie River tipped me off this when ...
This UnReal Deal isn't about a particular property. Rather, it's about what you can get for your money. I was playing around with some numbers the other day, and in doing so found that I'd illustrated to myself some of the reasons it makes sense to consider buying now.
What got me thinking was a conversation with the renter of one of the homes I'm selling, who is looking for a new rental ...
From The Wall Street Journal:
With mortgage rates at record lows and the $8,000 first-time home-buyer credit set to expire Nov. 30, Ronald Phipps, first vice president of the National Association of Realtors, explains to Kelsey Hubbard why now is a good time to enter the housing market.
http://online.wsj.com/video/clock-is-ticking-for-first-time-home-buyers/14C00BED-8BE2-4D25-AF49-C3802F7BB5CB.html...