Category Archives: Real Estate Market Analysis

Real estate market analysis that’s not specifically related to metro-Detroit.

Real Estate Market Recovering?

By Jared Pomranky | Published: June 2, 2010
Is the real estate market in Metro-Detroit recovering? We have limited supply, increasing prices, and what seems to be more buyers. Less houses are for sale. Taking all that data, it sure sounds like a recovery but I’m hesitant to call it that. What has spurred our economy to have this turnaround lately? I’ll agree [...]
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Is the Tax Credit the End of Flipping?

By Drew Sygit | Published: May 6, 2010
The tax credit is done and the real estate market is out of incentives for buyers. Flippers will soon get stuck with houses they can’t sell just like at the crest of the housing market in 2006-2007. If you believe that you’ve been listening to too many doomsayers that have probably never taken a chance [...]
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The City of Detroit’s Future Landscape

By Drew Sygit | Published: April 11, 2010
There’s a lot of talk about the reshaping of the city of Detroit.  Mayor Bing has mentioned several times the city needs to be shrunk and so have many other community leaders and experts. Urban farms are all the buzz and starting to take shape.  There’s some serious talk going on about copying Flint, Michigan’s [...]
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Has the Housing Market Bottom Passed?

By Jared Pomranky | Published: November 20, 2009
I just saw a post from a Realtor quoting RealComp statistics in his post Four Positive Signs That the Real Estate Market is Recovering in Metro Detroit that the housing market has turned around in Metro-Detroit. Some of the points he quoted were: All MLS October ‘09 sales at highest levels since 2004 Lowest on?market [...]
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Has the Housing Market Bottomed Out?

By Drew Sygit | Published: September 1, 2009
Many are hyping the end of falling housing prices. Are they right? September 1, 2009 — DETROIT, MI – Wow, the Case-Shiller index reported stability for the third consecutive month and champagne bottles were uncorked around the country. It seems everyone is talking about increased sales, falling inventory and multiple offers. Hooray! I don’t fault [...]
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