Michigan Real Estate News

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Lobbyists Push to Ease Gravel Mining Restrictions

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Gravel miners and other business groups are pushing to make it easier to open sand and gravel mines in residential areas. Senate Minority Leader, Jim Ananich, is sponsoring a package of bills that a senate committee will consider on Thursday. The bills would take the approval of gravel mining permits away from local governments and give it to the Department of Environment, Great Lakes and Energy (EGLE). Critics say this would result in the dust and noise of gravel operations coming to many Michigan residential neighborhoods.

Tourist Destination Struggles to Maintain Workforce

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A vibrant tourist destination, small town Charlevoix is struggling to recruit workers. Upward pressure on rent and home prices is scaring workers off who can’t find affordable year-round housing. The two hardest hit groups are workers who make less than $26,000 a year and professionals who make between $70,000-$100,000 a year. Rentals are scarce, as are affordable homes for sale. Recent efforts to convert part of a golf course into affordable year-round housing was voted down by residents.

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Home Buyers Need Creativity in Today’s Market

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It’s a home seller’s dream come true. With parts of Michigan down to just a one-month supply of housing inventory, buyers need to get creative with their home-buying strategies. Realtors offer advice like positioning yourself to be the backup offer on sale-pending homes. Often the deals are to good to be true and fall through. Getting your backup offer in is like putting your foot in the door. Some buyers are making creative offers that include payer other buyers to take their offers off the table.  Making sure you have a realtor who is well-experienced with getting offers accepted and showings scheduled, even virtually if necessary, can make a huge difference in your success.