Tag Archives: michigan

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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The Times They Are a Changin’

By Jared Pomranky | Published: March 10, 2010
The fear you let build up in your mind is worse than the situation that actually exists. ~Spencer Johnson, MD author of “Who Moved My Cheese” Fear and uncertainty still seem to rule our economy and real estate market. This is still due to changes in the markets and a general lack of adaption by [...]
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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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Michigan Investment Opportunities in 2009

By Jared Pomranky | Published: January 14, 2009
Here we are in January of 2009 in Michigan. The auto industry, economy, and the real estate market are in turmoil, which is what makes 2009 the year you MUST take action in real estate. Yes, you're reading that correctly. There is an unprecedented opportunity in real estate right now that we will not see in our lifetimes because we will not see the <insert cliche term "Perfect Storm"> of events that have occurred to get us to where we are right now.
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