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Detroit, MI Real Estate News

By Debra Drummond, MichiganMoves Real Estate in SE Michigan
(RE/MAX Gallery)
Detroit Free Press columnist Bill McGraw just published an amazing profile of the City of Detroit in all is glory and decay. The six part series summarizes the 138 square miles traveled by McGraw and the Free Press staffers during their 4 month odyssey. Intro: It's worse than you think -- but better tooPart One: Where the old meets newPart Two:  Blight creeps into best areasPart Three: Detroit's creative side lends handPart Four: Nature reclaims urban wastelandPart Five: Detroiters' spirit keeps city goingThis amazing snapshot of our State's largest city presents highlights, but doesn't flinch from showing what's wrong. Most interesting to me was the coverage of the housing in Detroit neighborhood. I've always been amazed at the incredible architecture and saddened by the run down appea...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Finding Homes for Sale and Selling Properties Made Easy with Online Search Tool Detroit, MI - Michigan's real estate market has suffered some serious setbacks with the recent home foreclosure crisis. Prospective home buyers are putting their house plans on hold to see if trends will change. This has been discouraging to home owners and real estate investors who aren't seeing much activity in the real estate market. Realtors are even more disheartened, hoping for a drastic change to happen soon to turn things around. Well, thanks to the latest mls real estate search tool, http://www.thequickkhomefinder.com/ changes may be happening in Michigan soon.  Larry Morris, an Associate Broker for Real Estate is introducing this technology to his clients. It allows them to find homes for sale in W...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Home Buyers and Investors Don't Need a Real Estate Agent to Find Properties in Michigan  Detroit, MI - Michigan is home one of the highest foreclosure rates in the United States. There are currently over 200,000 vacant homes for sale on the real estate market. Most of the property for sale in Michigan is listed below actual value which is good news for home buyers and investors. However, with so many homes for sale it may be difficult to find the right one for the best price.  The Quick Home Finder, LLC understands how stressful and difficult buying a home can be which is why they developed http://www.thequickhomefinder.com/. The Quick Home Finder, LLC site is a way for buyers to easily search properties online. There are over 60,000 homes listed on the website's database with photos an...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Can So Many Real Estate Investors Be Wrong about Michigan's Promising Future?   Detroit, MI -- Downtown Detroit, MI is beginning to look a lot like the Vegas strip with casinos, hotels and restaurants galore being erected. While on the contrary, neighborhoods all across Michigan are beginning to look like ghost towns with vacant homes for sale popping up everywhere. On the surface it looks like Michigan's real estate market is in a downward spiral with over 200,000 foreclosed homes for sale found at http://www.thequickhomefinder.com/ LLC. Consider the hundreds of job cutbacks that have occurred recently and you may have difficulty seeing a brighter future. So then, how do you explain the hundreds of millions of dollars being invested in areas like Wayne County, Monroe County, Oakland Co...
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By Jared Pomranky ~ Detroit Foreclosures
(Urban Detroit Wholesalers)
Detroit real estate, foreclosures, Detroit Wholesale Properties, and more below! My real estate investing career started 5 years ago when I read the book Rich Dad Poor Dad by Robert Kiyosaki. It was truly the smack in the face that I needed to get out of my employee mentality and into the entrepreneurial mindset. I dove into reading every real estate and financial book I could get my hands on, going to every online discussion forum like http://www.richdad.com/, http://www.creonline/, and many others. After about 6 months I was able to evaluate and purchase two 2 flat properties in Midland, Michigan conventionally. While not being my best investments, they took me from an employee to a property owner. I utilized a private lender, a property manager, and I cash flowed the properties each ...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
This article republished by Art Daniels and Mark Maupin from the Detroit News sums up the facts:  Metro area home prices down 9.6%Detroit region's third-quarter decline is third largest among 20 U.S. metro areas.Detroit News staff and wire reports  DETROIT -- Home prices throughout Metro Detroit fell an average 9.6 percent in the third quarter over the same period last year, according to data released Tuesday.  Nationally, prices fell an average 4.5 percent year-over-year, according to the Standard & Poor's/Case-Schiller housing price index. That's the most significant drop since S&P began the index in 1987, and yet another indication that the nation's housing market is continuing to buckle under economic pressures and credit market troubles.  Metro Detroit had the third largest home-pr...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
The National Real Estate Network, Michigan REIA, Will Present A Free Workshop Offering An Opportunity To Go Into A Lifestyle Of Real Estate Investing   Detroit, MI-- The National Real Estate Network along with Wayne County Community College Entrepreneurial Department is so proud to have one of the nations leading expert and speaker to conduct a free workshop." says Ralph Maupin co-founder of National Real Estate Network.    Jeff Kaller, visionary, educator and real estate developer has pioneered the most preeminent pre-foreclosure system in the United States.   Kaller specializes in a well kept industry niche; he teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice.    Ralph Marcus Maupin Jr., (Mark Maupin), Co-fo...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Is there light at end of 2008 for the Michigan housing Market?  This is what I call a good news article for what appears to be a never ending downward turn in the housing market for Michigan.  I personally see a downward trend through 2008 with a turn in the market in 2009.  This republished Oakland Press Article by Art Daniels and Ralph Marcus Maupin (Mark) hold prove to this.   PUBLISHED: Tuesday, November 20, 2007State may soon see job gains By JOSEPH SZCZESNYOf The Oakland Press  The Michigan economy, including Oakland County's, will continue to lose jobs in 2008, but the losses should be smaller and real gains are on the horizon, according to one economic forecast.  In their annual look at the Michigan economy, University of Michigan economists George Fulton, Joan Crary and Saul Hy...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
"Real Estate Investing Association of Michigan" is Presenting a Free One Day Workshop and Seminar on How to Profit From Michigan Foreclosures    A national speaker comes to the Detroit Metropolitan area to change lives.    Detroit, MI--For one day only Jeff Kaller will return to the Detroit Metropolitan area to inform people how they can Fast Learn the real estate investment skills to profit from foreclosure frenzy, 100% legally and ethically.   For 11 years Jeff Kaller has created the most powerful information available on Short Sales.  People from all over the country have benefited from his most cutting edge strategies.   Jeff Kaller has a vault of case study examples that will be showcased. Ralph Marcus Maupin, Jr. Co-founder of Real Estate Investing Association of Michigan, said   ...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
TWO EVENTS COME TO DETROIT ON THE SAME DAY DEALING WITH FORECLOSURES, AND PRE-FORECLOSURES IN MICHIGAN ONE FOR MAYORS FROM ALL OVER THE COUNTRY AND ONE PUBLIC, REAL ESTATE AGENTS, INVESTORS, AND HOME OWNERS IN TROUBLE.  A FREE EVENT OPEN TO THE PUBLIC, REALTORS AND INVESTORS AT CROWNE PLAZA HOTEL BY METRO AIRPORT. SEE  http://www.MegaEveningEvent.com  FOR ALL DETAILS PLUS FOLLOWING REPUBLISHED ARTICLE BY RALPH MARCUS MAUPIN AND ART DANNIELS FROM THE FREE PRESS ON MAYORS CONFRONTING HOUSING BUBBLE:Mayors to confront foreclosuresMeeting in Detroit to study growing crisis November 20, 2007BY ZACHARY GORCHOWFREE PRESS STAFF WRITER The foreclosed house next door to Kristi Katsma's home in Detroit 's Indian Village symbolizes the potential rot the foreclosure crisis creates for neighborhoods....
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
It Is Time to Give Real Estate Agents and Investors in Real Estate a Boost to Drive Sales through the Roof in Michigan on Short Sales, Foreclosures, and Pre-foreclosures Mega Evening Event with National Real Estate Network REIA, Will Present a Property Short Sale Trainer to Help Get the Business on the Right TrackSouthfield, Michigan--- Each month hundreds of people anticipate the speaker for the Mega Evening Event Hosted by The National Real Estate Network. They fully understand that the facilitators are knowledgeable in their particular area of real estate. One of the most important strategic decisions to make for a real estate investor is building a powerful, productive and successful team. Real estate guru, Shane Nichelson has mastered this concept. Nichelson has partnered with a na...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
This a republished article from Free Press by Ralph Marcus Maupin Jr. and Art Daniels  November 17, 2007BY KATHERINE YUNGFREE PRESS BUSINESS WRITER The start of Michigan 's long-awaited economic recovery is at least a year away, economists at the University of Michigan predicted Friday during their annual economic outlook conference.  Despite seven years of declining employment, the state will shed 51,000 jobs next year as Detroit's automakers continue to restructure, said Joan Crary, an assistant economics research scientist at the university. "This decade is proving to be a real endurance test for the Michigan economy," she said. "It now appears 2008 will be another rough year." But she and her colleagues predict the state will begin to add some jobs after the first quarter of 2009. M...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
The National Real Estate Network and Wayne County Community College Entrepreneurial Department Hosts Free Event for Detroit Metro Area "Bring Help for Troubled Michigan Foreclosure Market"  A Free Workshop In Understanding Who What Why And When Of Foreclosures And What To Do About Them As Homeowner, Investor And Real Estate Agent    Detroit, MI-- The Detroit metropolitan area extends the red carpet for national real estate investor and mogul Jeff Kaller. Jeff Kaller will be the special facilitator at the Mega Real Estate Event.  His expertise in real estate is second to none.  This event will cover the five points of Kaller's courses; Mr. Pre-Foreclosure, Masters of the Short Sale, Business Mastery University and Short Sales Exposed.   The goal of the Mega Evening Event for all intents ...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Great buy for Homeowner!  This is a great deal because the owner is willing to do lease option, land contract, or pay allowable closing cost. Home in great shape.15809 Ardmore, Detroit, MI 48227: This 3 Bedroom, 1 Bath Bungalow has been renovated with a newer kitchen & bath, newer plumbing, and updated electrical.Detroit - great area!  Owner has current appraisal for $62, 000   6385 Vaughan, Detroit, Mi 48227: This 3 Bedroom, 1 Bath Ranch has been renovated with a newer kitchen & bath, newer plumbing, and updated electrical.Warrendale - great area!  Owner has current appraisal for $66, 000  Call Marlena at 248-508-0888 Or email:  TheMorrisGroupLLC@hotmail.com Owner will do Rent to own-Sometimes is referred to as: Lease option, lease option to buy, lease purchase option, lease option to ...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Thousands in Michigan Are Losing Their Homes to Foreclosures Opening Up an Entire New Market of Real Estate "A Free Workshop Sponsored by the College and Michigan REIA" The time is now for persons in foreclosure, the investor and real estate agents to learn how to profit and get ahead with prime real estate It is important to know that wise real estate investors don't have to be affected in these challenging economic times. There are still ways to make a profit. Jeff Kaller, visionary, educator and real estate developer has pioneered the most preeminent pre-foreclosure system in the United States. Kaller specializes in a well kept industry niche; he teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. Jeff Kaller...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
2007 Foreclosure Auction Information   The Wayne County Treasurer's auction of foreclosed properties will be held on:   October 23rd, 24th, 25th*, & 26th* 2007 (*if necessary)  at: The International Center Building400 Monroe Street, 8th FloorDetroit, Michigan 48226 Ph: 313-224-5990Bidder registration begins at 8:00 AM. The Auction Begins at 9:00 AM.
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By RACHEL BURNSIDE-SALTMARSHALL
(BRICE WINTHROP AND ASSOCIATES LLC)
I HAVE BEEN SELLING FORECLOSURES IN THE METRO DETROIT AREA FOR FOUR YEARS AND COUNTING . I INITIALLY STARTED GIVING BUYER LITERACY WORKSHOPS . UNLIKE YOUR "NORMAL" HOMEBUYER WORKSHOPS MINE WERE GEARED TO TRULY EDUCATE THE BUYER WITH THE GOOD AS WELL AS THE BAD SIDE OF BUYING A HOME . IE., THE SUBPRIME LOAN . I WAS LIKE THE REALTOR THAT CRIED WOLF BACK THEN . BUT HERE WE ARE TODAY . THE WOLF REALLY DID SHOW UP . I WALKED AWAY FROM SO MANY DEALS ASSOCIATED WITH THAT LOAN .  I AM AN  UPFRONT AND HONEST REALTOR. NOT EVERY AGENT CAN SAY THAT  WITH  A STRAIGHT  FACE AND MEAN IT . WE ARE IN THIS PREDICAMENT BECAUSE A WHOLE BUNCH OF REALTORS COULD NOT SEE BEYOND THE MONEY AND SEE THE FAMILIES LOSING THEIR HOMES AS A RESULT OF THE LOAN THEY WERE GETTING THEMSELVES INTO . AGENTS  PLAYED A MAJOR P...
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By Hayward Little
(eXp Realty LLC)
Does it make sense to BUY in a BUYER'S market and SELL in a SELLER'S market?  Is the simple saying, buy LOW, sell HIGH that easy?  Don't you think now is a great time to purchase investment property?Why do I think Real Estate is the best investment out there?  It's simple, people need a place to live and businesses want a place to operate from.  How, and the last I checked, land wasn't being made anymore. Real estate is a great way to build net worth.  There is so much going on now in the city, it's a great time to get out there and grab hold of a great deal.  If you don't know where to start, give me a call.  If you don't want to go at it alone, come join my investment group.What are you waiting for?
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By Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904
(St.Cloud Homes )
 The Ford Museum is a wonderful lifelong collection of Henry Ford. But it is a lot more than cars. This collection is extensive, and takes a day to explore. It covers just about everything. Farming, agricultural, industrial, planes, trains and of course automobiles, but it also covers American History. Originally named the Edison Institute, it was renamed after Ford passed away. Featured promently are the JFK car (now retro fitted) The Reagan Car, Lincoln's Chair (from the Ford Theatre) Rosa Park Bus, The John Lennon Rolls Royce and way to much to list.Adjacent to the Ford Museum is the Greenfield Village. A wonderful place to go back in time. Ride in an authentic Model T, Steam locomotive, or horse drawn carriage. On display are houses of historical significance. Edison's Fort Meyers s...
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By John and Lisa Marker
(RE/MAX Dream Properties)
"Home sales are projected to move in a relatively narrow range with a gradual upturn becoming more pronounced by the end of the year according to the latest forecast by the National Association of Realtors. Overall housing levels are historically strong, but sales remain sluggish compared to the recent boom." But what is happening locally in Wayne and Oakland counties?In Wayne County, the average sale price has dropped from the May 2006 price of $120,871 by 12 percent to $105,772. The median sale price decreased by 25 percent to $78,500 and the average market time has increased by 13 percent, increasing from 95 days to 108 days.Wayne CountyAverageSale PriceMedian Sale PriceHighestSale PriceAverageDays OnMarketMay 2007$105,772$78,500$1,150,000108May 2006$120,871$104,900$940,00095Oakland ...
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