Northern Michigan Real Estate

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Real Estate Broker/Owner - Buyer's Broker of Northern Michigan, LLC
Northern Michigan Real Estate news, commentary and market information published by Stefan Scholl, real estate attorney, exclusive buyer agent and broker/owner of Buyer's Broker of Northern Michigan, LLC.
RECENT BLOG POSTS
Record Breaking State Oil & Mineral Lease Auction A potentially huge unconventional natural gas reserve has been discovered in Northern Michigan.  This new natural gas play has been dubbed the "Collingwood Utica" shale play, named after Collingwood Shale, which is present in Northern Michigan at ...
06/14/2010
Buyer's Broker of Northern Michigan, LLC is very pleased to announce the addition of new interactive mapping capabilities when searching the Northern Michigan MLS for homes. You can now perform a map search of Petoskey, Michigan homes for sale, or show the location of homes or other properties m...
11/05/2008
The National Association of Exclusive Buyer Agents has published a free report on real estate euphemisms being used around the country. The report, titled "Home Buying Euphemisms and Lingo, How to Read Between the Lines When You Are Home Shopping" helps buyers better understand some of today's p...
11/05/2008
The National Association of Exclusive Buyer Agents (NAEBA), a pro-consumer association composed of real estate licensees who represent homebuyers exclusively, has announced the opening of their new headquarters office in Avondale, Arizona, a Phoenix suburb.  NAEBA has also recently hired Kimberl...
04/17/2008
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Back a few years ago, a couple of foreclosure notices posted at the Emmet County Courthouse was the norm.  Nowadays, they might need to put another anchor in the wall so the bulletin board doesn't come crashing down (or perhaps consider purchasing a bigger bulletin board).What does this mean for ...
02/25/2008
In Charlevoix County, 353 residential sales were reported in 2007, down from 390 sales in 2006, a decline of nearly 10%.  The average sales price actually increased, from $256,501 in 2006 to $261,326 in 2007.  The median sales price declined approximately 6%, from $155,000 in 2006 to $145,000 in ...
02/18/2008
In Emmet County, 436 residential sales were reported in 2007, down from 496 sales in 2006, a decline of more than 12%.  The average sales price declined from $344,021 in 2006 to $320,377 in 2007.  The median sales price actually increased, however, from $189,079 in 2006 to $190,000 in 2007.  Note...
02/18/2008
In the Pellston School District, 31 residential sales were reported in 2007, down from 34 sales in 2006, a decline of almost 9%.  Despite the weakness in sales volume, prices actually improved somewhat.  The average sales price increased from $119,191 in 2006 to $140,733 in 2007.  The median sale...
02/18/2008
In the Alanson/Littlefield School District, 39 residential sales were reported in 2007, down from 44 sales in 2006, a decline of more than 11%.  The average sale price declined from $138,659 in 2006 to $134,812 in 2007.  The median sales price also declined, from $106,250 in 2006 to $100,000 in 2...
02/18/2008
The Petoskey City Council, by a vote of 4-1, recently granted an extension of the deadline for "substantial completion" of the Petoskey Pointe Project from early November of 2008 to December 31, 2009. The deadline is contained in an agreement between the City and Lake Street Petoskey Associates, ...
02/18/2008
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Stefan Scholl

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