Tag Archives: economy

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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Embracing Change in Our Current Economy

By Jeremy Burgess | Published: May 14, 2009
Not many of us remember what it was like to have one job for your entire career but your Grandparents do. Your mother and father have more than likely have had several jobs and changed careers multiple times. Our generation is faced with the reality that few jobs or careers will provide any long term [...]
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Why Did We Create Renegade Detroit Investors?

By Drew Sygit | Published: March 31, 2009
Someone asked me this question the other day and we started talking about it and the conversation went in a direction I didn’t anticipate. We put a lot of time and effort in to RDI and it’s pretty much a “nonprofit” enterprise. What do we get out of it then, if it’s not money? We [...]
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Greatest Redistribution of Wealth EVER. Get Yours!

By Jeremy Burgess | Published: March 26, 2009
Recently I have been thinking a lot about the saying, “May you live in interesting times.” If NOW doesn’t qualify, I’m not sure what does! Of late I have been reading almost obsessively on The First Great Depression to find as many parallels between then and now. I have been shocked about what I have [...]
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Identifying Opportunity in Times of “Crisis”

By Jared Pomranky | Published: February 11, 2009
"When written in Chinese, the word 'crisis' is composed of two characters - one represents danger, and the other represents opportunity." Now I'm not fluent in written or spoken Chinese so I have no idea if this is correct or not but it makes a very good point. Throughout Michigan in the past couple of years, even more so in Southeast Michigan, I have heard newspapers, workers, and everyone else state that our economy is in some form of a crisis or another. I'm not arguing the fact that we have significant challenges with our economy and the real estate market right now. What I'm arguing is where our focus should be.
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