Yearly Archives: 2012

December 18, 2012 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, overall November total sales volume and average sales price of single-family homes in Michigan continued to rise compared to the same time last year. According to the report, 9,896 single family homes were sold in Michigan in November, 2012, an increase of 12.16% over November, 2011. The November 2012 average sales price was $113,404, a 9.98% increase over November 2011. Over eighty percent of reporting units showed an increase in total sales as well as an increase in average selling price compared to this time last year

LANSING, MI - November 28, 2012 - (RealEstateRama) -- A plan to keep Michigan's economy driving forward by reforming the burdensome personal property tax was outlined today by Lt. Gov. Brian Calley, Senate Majority Leader Randy Richardville and House Speaker Jase Bolger. The proposal recognizes the vital role that strong communities and schools play in Michigan's future by providing reimbursement rates to most local units of 100 percent for police, fire and ambulance revenue losses and a minimum of 80 percent for everything else. It also holds the School Aid Fund harmless and fully covers school debt.

LANSING, MI - November 26, 2012 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced he charged Lorraine Brown, former president of mortgage document processor DocX, with racketeering for her alleged role in authorizing the fraudulent signing of mortgage documents filed in Michigan. The felony charge comes as the result of an ongoing Attorney General investigation into questionable mortgage documentation filed with Michigan's Register of Deeds offices during the foreclosure crisis.

November 22, 2012 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, overall October total sales volume increased considerably, while average sales price of single-family homes in Michigan continued to rise compared to the same time last year. According to the report, 11,434 single family homes were sold in Michigan in October, 2012, an increase of 22.58% over October, 2011.

WASHINGTON, DC - November 22, 2012 - (RealEstateRama) -- Sen. Carl Levin, D-Mich., made the following statement in response to the legal action taken today by the Administration’s Residential Mortgage-Backed Securities Working Group headed by New York Attorney General Eric Schneiderman:

November 20, 2012 - (RealEstateRama) -- Recently, the National Association of REALTORS® announced that the Michigan Association of REALTORS® (MAR) is the recipient of the prestigious Triple Crown Award! The Triple Crown Award recognizes states for excelling in three key areas of RPAC Fundraising:

November 16, 2012 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today approved Detroit Edison Company's request to implement Phase II of its customer-owned SolarCurrents program.

LANSING, MI - November 8, 2012 - (RealEstateRama) -- Just as the housing market is showing signs of recovery, Gov. Rick Snyder today signed legislation that will help keep the momentum going by updating and realigning several Michigan State Housing Development Authority programs.

November 2, 2012 - (RealEstateRama) -- The Macomb County MSU Extension will be holding two informational Foreclosure Prevention seminars during the month of November for all interested homeowners.

LANSING, MI - November 2, 2012 - (RealEstateRama) -- Homelessness should not be one of the problems facing veterans returning from deployment or older veterans later in their life. However, statistics show approximately 1 in 10 of the nations homeless population are veterans. Jason Allen, director of Michigan's Veteran's Affairs Directorate is reaching out to those in need by encouraging veterans to discuss their benefits eligibility with their county Veteran Affairs office or veterans service organization

October 22, 2012 - (RealEstateRama) -- MSU Extension Macomb is offering “A Macomb Green Holiday” class. Attendees will learn about make-at-home gift ideas and how to care for decorative holiday plants. They will also receive information on where to find holiday activities and events in Macomb. A take-home decoration for fall will be made during class.

October 12, 2012 - (RealEstateRama) -- Whatever your heating needs this fall, in preparation for winter - from furnace cleaning - to repair or replacement, make sure to hire a licensed professional from a reputable company to do the job. Michigan Department of Licensing and Regulatory Affairs (LARA) Director Steven H. Hilfinger today offers important tips to help consumers avoid paying for needless heating repairs and equipment

Lansing - October 9, 2012 - (RealEstateRama) -- The State Historic Preservation Office (SHPO), Michigan State Housing Development Authority (MSHDA), announced the recent listing of five Michigan properties in the National Register of Historic Places. The national register, which is maintained by the National Park Service, U.S. Department of the Interior, is the nation's list of properties worthy of being preserved.

October 8, 2012 - (RealEstateRama) -- The Macomb County Michigan State University Extension (MSUE) will be holding two informational Foreclosure Prevention seminars during the month of October which will be free to all homeowners.

LANSING, MI - October 4, 2012 - (RealEstateRama) -- Attorney General Bill Schuette today announced a 23 to 40 year prison sentence for a Westland man who ran an extensive foreclosure-rescue fraud operation that may have scammed up to 400 victims. Rickey White, 46, of Westland, and his company, Braunstein & Associates, pleaded guilty to three felonies for collecting upfront fees and impersonating a mortgage modification company.