February 2, 2010 by admin ·
Monster 5 bed 2 full baths on this brick home. It was once a two family home converted to a single family. new windows throughout and light work needed to restore this home. Call us at 248.802.4200 for more information!
Simple economics in the city of Detroit, as the price goes down demand goes up. We are experiencing this trend with a staggering 71.32% increase in sales (year over year) for the city of Detroit.
Full article
Nathan Hurst / The Detroit News
Sales of Metro Detroit homes were up 19.71 percent in April over the same month [...]
Filed under Detroit · Tagged with buy foreclosed homes, City Of Detroit, Coming Back To Life, detroit april home sales, Detroit home sales, detroit increase in home sales, Detroit News, detroit sales, Foreclosure Prices, Foreclosure Sales, Home Sellers, Housing Market, Hurst, Livingston Counties, Livingston County, Median Home Price, Median Price, Metro Detroit, metro detroit home sales, Metro Detroit home sales rise in April, metro detroit housing, multiple listing service, Oakland County, Realcomp, sell my house Detroit, Simple Economics, Single Family, Wayne County, Wayne Oakland
April 30, 2008 by admin ·
The article below describes more in depth how severe and widespread the mortgage crisis has become. Each and every home will present an opportunity for an investor.
“Detroit, which ranked sixth in the nation with 1 in every 68 households in default”
Article Link
More than 155,000 families have lost their homes to foreclosure this year; [...]
Filed under Real Estate · Tagged with April 29, Article Link, Auction Sales, Bank Repossessions, Cnnmoney, First Three Months, Foreclosure, foreclosure filing, foreclosure filings, foreclosure filings double, foreclosure purchase, foreclosure relief, Households, Information Firm, Last Quarter, Last Updated April, Metro Areas, mortgage crisis, mortgage crunch, mortgage meltdown, Nevada California, Real Estate Information, realtytrac, rick sharga, Single Family, Southwest Nevada, Speculators, worst state for foreclosures, Year One
March 13, 2008 by admin ·
DetroitProgress.com is in the business of real estate investing in low-middle income housing within the Detroit area. We will be actively marketing both our wholesale and retail homes on the website along with updates on our progress. Our long term goals will be to provide low income housing to investors for the purposes [...]
Filed under Our Company · Tagged with bank owned, detroit, Detroit Area, detroit progress, Distribution Channels, Exit Strategies, foreclosed homes, Initial Acquisition, Liquidation, Low Income Housing, Ltv, Margins, Market Values, MLS, mortgage meltdown, multiple listing service, newsletter, Property Acquisition, Property Preservation, real estate, real estate investing, real estate owned, reo, Retai, Scenarios, Short Term Capital Gain, Single Family, Six Months, sub prime, Term Goals, Wholesale Prices