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Georgia Real Estate Article

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The Progressive Side of Michigan Real Estate

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Although the state is known for a number of famous tourist attractions, from The Great Lakes to the North American International Auto Show in Detroit, the Michigan real estate market is one that also has its own reputation. With a number of different but lovely geographic locations throughout the state, one has a vast choice of settings in which find property. Lansing, Grand Rapids and Detroit are major players in the state’s economy, serving as a home base for many established and well recognized businesses with a global reach. Whether searching out property for residential, industrial or commercial purposes, one can find just what they are looking for in the Michigan real estate market.

The state’s recent move to prohibit eminent domain property seizures is just one of many events that have kept the Michigan real estate market in the headlines. This move bars the seizure of property from private owners for the purpose of economic development or other tax and financial gains. Michigan has also consistently moved to standardize the practices of appraisers, brokers and salesperson who work in the real estate industry. These standardized regulations prevent unscrupulous individuals from taking advantage of others in crooked real estate schemes that regularly cost the state millions of dollars in revenue. They also help prevent disputes between other industry agents, such as engineers, contactors or architects.

Another celebrated fact about Michigan real estate is the progressive measures used by some housing additions that not only permit affordable housing options but also ensure the protection of the state’s many natural resources. The practices have routinely earned the accolades and approval of many environmental groups. Michigan has managed to quickly gain popularity for its consistent ecologically sound practices when it comes to housing. This makes perfect sense as one of the main reasons people choose to live in Michigan is for the benefit of its natural beauty. Even housing in major cities and their suburbs are opting for newer ecologically sound practices, upgrading older homes when and where necessary.

With many major cultural facets located throughout the state, the Michigan real estate market tends to stay at the top of the list for popular location choices. On top of this, the number of large companies located in the state provides a significant amount of jobs keeping the real estate market feasible. With 8 different statewide regions to choose from, locating everything from commercial properties to farmland can be a very easy task. The Michigan real estate board counts and manages at least 40,000 qualified, licensed real estate agents. They also manage at least 20,000 brokers and nearly 5000 appraisers.




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Georgia Real Estate News

Georgian Railway pulls listing in latest IPO setback - Reuters


Georgian Railway pulls listing in latest IPO setback
Reuters
Earlier this month Russian real estate investor O1 Properties pulled its listing due to choppy markets. Georgia also blamed its decision on volatile markets, with uncertainty over the future of Greece deterring investors from taking the risk of putting ...

and more »

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Finding a good agent to sell your home - Chicago Tribune


Finding a good agent to sell your home
Chicago Tribune
As the daughter of a successful real estate agent in Chicago, Ilyce can tell you that the best agents not only have a real understanding of the housing stock, but they also have years of experience watching property come on and go off of the market.

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Half of metro Atlanta mortgages underwater - Atlanta Journal Constitution


Los Angeles Times

Half of metro Atlanta mortgages underwater
Atlanta Journal Constitution
Hyosub Shin, hshin@ajc.com Zillow, the online real estate data and search firm, analyzed 35 million mortgages, including 778870 in 22 metro Atlanta counties, to conclude 55 percent of mortgages here were in the negative range.
Half of Metro Atlanta Mortgagees UnderwaterLoanSafe
Most Underwater Homeowners Still Paying MortgagesNew York Times (blog)
More than 30% of US homeowners with mortgages are underwaterGlobalPost
MarketWatch (press release) -Wall Street Journal (blog)
all 47 news articles »

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One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months - MarketWatch (press release)


One-Third Of Homes In The Atlantic High-Rise Leased In First Two Months
MarketWatch (press release)
We have seen almost 350 people come through our doors in the first 60 days," said Yaakov Litvin, Property Manager of The Atlantic. "There is a true 'wow factor' when you enter the building. The amenities, the location, the views - The Atlantic has it ...

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Florida Crystals Corporation Partners with IDI For Development of Intermodal ... - MarketWatch (press release)


Florida Crystals Corporation Partners with IDI For Development of Intermodal ...
MarketWatch (press release)
WEST PALM BEACH, Fla., May 24, 2012 /PRNewswire via COMTEX/ -- Florida Crystals Corporation and IDI, one of the largest privately held logistics real estate companies in North America, have entered into a strategic alliance for the planning and ...

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