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Judge Orders Extension On Foreclosure Protections
/in SE Michigan /by Tracy WillisThe 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
/in SE Michigan /by Tracy WillisWhite-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
/in Weekly Roundup /by Dave NykanenNational
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