Michigan Real Estate News

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Judge Orders Extension On Foreclosure Protections

The Wayne County Treasurer filed a motion requesting that the redemption period on property tax foreclosures be extended. Judge Timothy Kenny ordered that foreclosure protections for occupied homes and commercial properties be extended to March 31, 2022. The order will keep properties off the annual auction block. However property taxes must continue to be paid. The Treasurer asserts that the main objective is to keep people in their homes.

Stellantis Pilots New Work Model

White-collar workers at Stellantis are likely to continue working remotely much of the time once they formally come back to the office. The company has devised a new work model that it calls the New Era of Agility. As part of a new pilot program in October, 450 employees will return to the Chrysler Technology Center at the headquarters complex in Auburn Hills. What’s learned in the pilot program will determine how the company proceeds with its remaining employees, but it envisions a split of 70% remote work to 30% on-site time.

Michigan Real Estate News Headlines – May 10, 2021

National

Electric car-charging business doing everything but making money

Evictions

Federal judge vacates CDC’s nationwide eviction moratorium

Millions of renters brace for a post-pandemic ax

The battle for 1042 Cutler Street

Detroit

Wayne County gets postponement of some foreclosures in 2021

Judge halts foreclosures of Wayne County’s occupied properties

Apple, Michigan State developer academy appears to have found a home

Grand Rapids

Developer proposes affordable, 47-unit apartment project in Grand Rapids

Southeast Michigan

Wayne County gets postponement of some foreclosures in 2021

Judge halts foreclosures of Wayne County’s occupied properties

Remote work won’t end with Stellantis’ return-to-office plans

Developer plans apartments, senior living at historic Fisher property in Farmington Hills

Real Estate Insider: Plante Moran’s Southfield roots deepen, and why that matters

A seller’s market in Macomb County

‘Insane’ real estate market leads to Southgate house being shown 70 times in two days

Western Michigan

Retail, office momentum remains slow in latest commercial real estate trend report

Northern Michigan

Northern Michigan resort town confronts shortage of year-round housing

High Times: Local Realtors become leaders in commercial properties for cannabis

“The Biggest Loser of 2020”: A look at commercial office real estate’s bad year

Raking It In: Top Realtors shine in 2020’s record-breaking market

Outstate

Mid-Michigan realtor explains “wild” real estate market