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WASHINGTON, D.C. - May 2, 2013 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, 95% of reporting units reported an increase in average selling price from Mar 2013 to Mar 2012; with 17 locals reporting an increase at/near 20+%. Statewide the average selling price increased by 20.71%. With inventory still being an issue however, 10,114 single family homes were sold in Michigan in March 2013, a decrease of 2.39% over March 2012

WASHINGTON, D.C. - April 30, 2013 - (RealEstateRama) -- Governor Rick Snyder today proclaimed May 2013 as Building Safety Month in Michigan. This year's theme "Code Officials Keep You Safe" highlights four weekly themes: Fire Safety and Awareness; Disaster Safety and Mitigation; Backyard and Pool Safety; and Energy and Green Building. The month-long observance aims to increase public understanding of the importance of building safety and the resources available for protecting lives and property

WASHINGTON, D.C. - April 26, 2013 - (RealEstateRama) -- Miron Construction Company, the Michigan Department of Licensing and Regulatory Affairs (LARA), the Michigan Occupational Safety and Health Administration (MIOSHA), the Michigan Building and Construction Trades Council, and the Partnering Contractors signed a formal partnership today to protect workers during the construction of Northern Michigan University (NMU) Jamrich Hall Project. The partnership goal is enhanced safety and health protection and zero injuries for workers on this major facility project.

WASHINGTON, D.C. - April 18, 2013 - (RealEstateRama) -- The MARST administers two scholarship funds, the Russel A. Pointer and the Barney Harkins Scholarship and Educational Fund. Applicants are automatically considered for financial assistance from both funds.

WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- With the passage of the Principal Residence Exemption (PRE) Enhancement legislation last year, lenders were able to retain the PRE on a foreclosed property, but they must still pay the 18 non-homestead mills in local school operating property taxes. There has been some concern from lenders and local governments regarding the arduous process of filing to retain the PRE on foreclosed properties and instituting the new specific tax. Many forego the cumbersome process

LANSING, MI - April 17, 2013 - (RealEstateRama) -- Gov. Rick Snyder today signed a bill that updates existing law to reflect changes in the way the Mortgage Industry Advisory Board is composed.

WASHINGTON, D.C. - April 15, 2013 - (RealEstateRama) -- “Abandoned homes and structures hurt communities and drive down property values. Many of these buildings are uninhabitable and won’t be purchased by prospective buyers. Allowing states to use money for demolition, that’s already been allocated to them, makes sense for communities and the American taxpayer,” said Congressman Turner

DETROIT - April 8, 2013 - (RealEstateRama) -- Yesterday, the U.S. Department of Labor announced $5 million to fund programs that will assist approximately 2,600 veterans in job training with civilian careers. The grants will range from $100,000 to $300,000. The Homeless Veterans Reintegration Program is the only federal program that works exclusively on the employment of homeless veterans. Congressman John Conyers, Jr. (D-Mich.) issued the following statement

WASHINGTON, D.C. - April 3, 2013 - (RealEstateRama) -- With the implementation of the Principal Residence Exemption (PRE) Enhancement legislation that passed last year, homeowners are now able to file for the PRE on or before June 1st, or on or before November 1st.

WASHINGTON, D.C. - March 28, 2013 - (RealEstateRama) -- A Brighton businessman and his son were found guilty today by a federal jury of conspiracy and multiple counts of wire fraud, announced United States Attorney Barbara L. McQuade.

WASHINGTON, D.C. - March 28, 2013 - (RealEstateRama) -- Gov. Rick Snyder yesterday signed legislation approving $23,348,700 in Michigan Natural Resources Trust Fund (MNRTF) grant appropriations, funding 76 recreation development projects and land acquisitions in 43 Michigan counties.

WASHINGTON, D.C. - March 19, 2013 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, 85% of reporting units reported an increase in average selling price from Feb 2013 to Feb 2012; statewide the average selling price increased by a whopping 19.19%. As inventory tightens however, 7,979 single family homes were sold in Michigan in February 2013, a decrease of 4.97% over February 2012.

March 18, 2013 - (RealEstateRama) -- With the passage of the Principal Residence Exemption (PRE) Enhancement legislation last year, lenders were able to retain the PRE on a foreclosed property, but they must still pay the 18 non-homestead mills in local school operating property taxes. There has been some concern from lenders and local governments regarding the arduous process of filing to retain the PRE on foreclosed properties and instituting the new specific tax. Many forego the cumbersome process

March 18, 2013 - (RealEstateRama) -- The DEQ today announced $250,000 in grants for water quality monitoring projects under the Clean Michigan Initiative - Clean Water Fund monies.

Washington, DC - March 14, 2013 - (RealEstateRama) -- This week, Congressman Bill Huizenga (MI-02) introduced the Consumer Mortgage Choice Act - H.R. 1077, a bipartisan piece of legislation that would amend and clarify the qualified mortgage definition in the Dodd-Frank Act thereby improving access to credit and qualified mortgages for low and moderate income borrowers while protecting consumers from bad loans