Current market: Prices rise, fall equally

The least expensive housing market nationally at the beginning of 2012 was metro Detroit, followed by nearby Toledo, Ohio, according toNAR  The third-cheapest market was Lansing-East Lansing, Mich. In the first quarter of this year, half of the houses sold in the Detroit area went for less than $52,300 per NAR. Read more Top risers … More Current market: Prices rise, fall equally

I smell REFUND ! ( for SEV drop or multiple residences )

SEV DROP: Crazy but true. We’ve been filing for refunds when sellers have a: Lower SEV when they sold than when they bought Sell for less than or equal to: Actual Cash Value ( ACV is SEV X 2 in most locations – sell for more and no refund available) Home has always been homestead/main … More I smell REFUND ! ( for SEV drop or multiple residences )

WSJ articles. Ask me why the last 8 months have had price increases in SE MI.

Here is a look at real-estate news in Monday’s WSJ: Wall Street Keys On Landlord Business: Some of the biggest names on Wall Street are lining up to become landlords to cash-strapped Americans by bidding on pools of foreclosed properties being sold by Fannie Mae. Housing Bulls Aren’t So Far Out on a Limb: Proclaiming … More WSJ articles. Ask me why the last 8 months have had price increases in SE MI.