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

2011 

How many times have I heard, "My house is worth what?", when I delivered the bad news about the current value of someone's home? Some of these were homes that I helped the owners buy back in the early 2000's. Even with all of the press and TV news coverage locally, many people just cannot deal wi...
01/14/2011
A few days ago Richard Yates posted a blog here that AR has become very Twitter-like - a phenomena that he does not like (see- http://activerain.com/blogsview/2072593/crappy-posts-crappy-posts-crappy-posts-is-this-active-rain-or-is-it-twitter-). I would submit that there is growing evidence of a ...
01/13/2011
IRVINE, Calif. - Jan. 13, 2011 - RealtyTrac®  (www.realtytrac.com),  the leading online marketplace for foreclosure properties, today released its Year-End  2010 U.S. Foreclosure Market ReportTM, which shows a total of 3,825,637  foreclosure filings - default notices, scheduled auctions and bank ...
01/12/2011
As reported in Inman News yesterday Source: "Short-Sale Incentives Revamped Again," Inman News (Jan. 10, 2011) and reprinted by Realtor.com comes this story of changes to the HAFA rules. Loan servicers will have 30 days to send a borrower a short-sale agreement that includes the list price or acc...
01/10/2011
I read all of the articles about this Federal agency or that making predictions about how things are getting better (or at least that they hope that they will soon). I also get the NAR cheerleading news - "really the dust on the horizon is the cavalry and not more Indians." But what I really look...
01/09/2011
I have no idea who made these up. They came to me via and email from someone I know who loves to forward things tlike this. Anyway, some of them appealed to my wierd sense of humor and a few may also amuse you. Number 9 Life is sexually transmitted. Number 8 Good health is merely the slowest poss...
01/08/2011
A recent blog post here on Active Rain by Linda Humphrey of Martland (click here for the full post) provided some good insights into why a sellers thought that the second mortgage holder should be glad to get whatever is offered to them may not be correct - Unbeknownst to the homeowner, his secon...
01/08/2011
What are the experts saying about the real estate market in 2011? What are you saying? From the Home Buying Institute Web site comes this summary - Current consensus: Home-buying activity will rise slightly in 2011. Home prices in most areas could decline another 6 - 9 percent in 2011. Mortgage r...
01/06/2011
One of the things to love about the Village of Milford, Michigan is the variety of good places to eat (or get something to eat) in town, some 31 in all. The town fathers (or whoever makes these decisions) decided some time ago to preserve the downtown area (called Main St, of course) and keep the...
01/06/2011
There are lots of stories and anecdotes that could be cited to support the wisdom of a "slow but steady" approach to things. As I look back over the real estate market data that I've collected for the past few years and especially at the 2010 data, I can see that we seem to have reached the botto...
01/04/2011
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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