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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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Real Estate News

Mariner Real Estate acquires loan portfolio - BusinessWeek


International Business Times

Mariner Real Estate acquires loan portfolio
BusinessWeek
Mariner Real Estate Management LLC said Friday that it worked with bank regulators to buy a portfolio of real estate loans worth about $760 million. ...
Leawood-based Mariner buys $760 million in real estate loans from FDICKansas City Star
Mariner Real Estate Management Acquires $760 Million FDIC Real Estate Loan ...Benzinga
FDIC sells another $760 million in REOHousing Wire
Emii.com -Bloomberg
all 29 news articles »

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Mo. drops appeal of real estate ballot measure - The Associated Press


Town Hall

Mo. drops appeal of real estate ballot measure
The Associated Press
2 whether to amend the Missouri Constitution to prohibit real estate transfer taxes, which typically are charged like sales taxes based on the price of the ...
Mo. drops appeal of real estate ballot measureKOAM-TV
Mo. judge orders real estate tax on fall ballotBusinessWeek
Ballot measure on real-estate transfer tax cleared by judgeKansas City Star
Real Estate Journal Online (blog) -FOX2now.com
all 122 news articles »

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Real estate news briefs: WCI golf packages help military families - The News-Press


Real estate news briefs: WCI golf packages help military families
The News-Press
Bill Vollmer has been appointed commercial real estate adviser and business broker at VIP Realty, Commercial in Fort Myers. With previous experience buying ...

and more »

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Non-Economic Factors Handicap the Economy - New York Times


Non-Economic Factors Handicap the Economy
New York Times
In California more than anywhere else, real estate has always been the economy's secret sauce. Real estate speculation — on the grand scale embodied in the ...

and more »

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Al-Futtaim, QIB, Aqar Sign Accord for $1.6 Billion Qatar Property Project - Bloomberg


ArabianBusiness.com

Al-Futtaim, QIB, Aqar Sign Accord for $1.6 Billion Qatar Property Project
Bloomberg
... signed an agreement with Qatar Islamic Bank and Aqar Real Estate Investment for a property project valued at 6 billion dirhams ($1.6 billion). ...
Al Futtaim signs deal for $1.6bn Doha mall projectConstruction Week Online
Al Futtaim signs up for Dh6bn Doha projectNational
Al-Futtaim, Qatar Islamic Bank and Aqar sign Dhs6bn JV for mega retail ...istockAnalyst.com (press release)
Zawya
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