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  • Foreclosure Filings Fall 25% in February

    Daily Real Estate News | Thursday, March 14, 2013 -->RealtyTrac counted a total of 154,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — last month. The number is up 2 percent from January, but is down a full 25 percent from February 2012. The number of American homes ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 14, 2013
  • Fannie, Freddie Footprint to Shrink With New Company

    Daily Real Estate News | Tuesday, March 05, 2013 -->The Federal Housing Finance Agency (FHFA) announced Monday that mortgage giants Fannie Mae and Freddie Mac will create a new joint company for securitizing home loans. The move is viewed as a step toward shrinking the government’s role in the mortgage market. The ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 5, 2013
  • Century 21 Northland Dominates Regional Awards Ceremony

    TRAVERSE CITY, MICH., February 26, 2013 – Last weekend was a great one for Century 21 Northland, as the local real estate brokerage left a regional industry awards event with the lion’s share of accolades. The ceremony, held by Century 21 Northern Michigan Broker’s Council at the Grand Traverse Resort, recognizes the best in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 27, 2013
  • Survey Shows Century 21 Real Estate Is Most Respected Brand in Industry

    SOURCE: Century 21 Real Estate LLCFebruary 19, 2013 16:19 ETSurvey Shows Century 21 Real Estate Is Most Respected Brand in Industry PARSIPPANY, NJ--(Marketwire - Feb 19, 2013) - Century 21 Real Estate LLC, the franchisor of the world's largest real estate sales organization, announced the results of a third-party survey that shows consumers ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on February 21, 2013
  • Housing Called ‘Hottest Trade of 2012’

    Daily Real Estate News | Wednesday, January 02, 2013 -->Record low mortgage rates and rising consumer confidence has been helping to give the housing market a lift and helped it become the hottest trade in 2012, CNBC reports. For example, stock shares of Pulte Homes and Lennar doubled or nearly doubled and helped the iShares U.S. Home ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 2, 2013
  • Traverse City area Real Estate Market continues to Improve

    As Many people already know the Traverse City area real estate market certainly took hits over the past few years like anywhere but luckily not nearly as hard as many areas.  Our local market has been recovering for almost 2 years now with inventories down and values up slightly in 2011 .....2012 is showing even stronger gains.  The ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 16, 2012
  • Governor Signs Critical Dunes Legislation

    /8/2012 LANSING, Mich. - On August 7, 2012, Governor Rick Snyder signed legislation clarifying the criteria for landowners building homes in privately held areas of Michigan’s lakeshore dunes.Senate Bill 1130, sponsored by Sen. Arlan Meekhof, resolves deficiencies in current law that put Michigan at risk in lawsuits. The governor worked with ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 11, 2012
  • Lawmakers Introduce Major Improvements to Critical Dunes Act

    5/21/2012 Senate Majority Floor Leader Arlan Meekhof (R-Olive Township) and Representative Jon Bumstead (R-Newaygo) have introduced legislation, Senate Bill 1130 and House Bill 5647 respectively, aimed at applying a less subjective approach to critical dune regulation. REALTORS®, builders, and property owners living and working within the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 11, 2012
  • Real Estate Prices Are Going Back Up

    Illustration by Ian Michael Rousey By Jed Kolko Jul 8, 2012 6:30 PM ETHouse prices, after falling for more than five years, are rising again. All the major sales-priceindexes show that there have been modest national increases in recent months, even after adjusting for seasonal patterns. When foreclosures and distressed sales are ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 17, 2012
  • Mortgage Closing Costs on the Decline

    Daily Real Estate News | Tuesday, August 07, 2012 -->Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other third-party fees also saw a drop in the last year, falling 12 percent, and origination fees ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 8, 2012
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