Category Archives: Real Estate

Commercial lenders are suffering in this economy as well – just not as publicly it appears. Last month one of the most prolific Hard Money Lenders on the Commercial Real Estate side of the house killed himself. A Hard Money … Continue reading →

Be careful what you believe. The home sales numbers for June are out – and Hooray! Sales of homes were UP last month in the metro area over June last year! And not just UP – but up almost 12%! … Continue reading →

The carnage and destruction of the mortgage industry continues – with no end in sight. Just days after Countrywide became part of Bank of America on July 1, Indymac Bancorp, the 11th largest producer of US home mortgages, suspended their … Continue reading →

Captain Obvious reporting. I was reading the Wall Street Journal yesterday and saw how bad things are right now in terms of available returns on investment. You can tell the bad news by just reading the headlines and some of … Continue reading →

Thomson financial published a good article** on this this morning. Commercial real estate is (and has been) dead here in southeastern Michigan now for a while, except for apartments, which keep going strong. I’m seeing low vacancies, strong rental demand, and healthy … Continue reading →

When I first began this blog ten months or so ago I began writing about the irresponsible action that the federal reserve was taking to prop up the American stock markets.   My point was that in the past, when … Continue reading →

What is it with these people? Do they not have any core values at all? First they spend years telling everyone that home ownership is the only way to go. Then when the housing market hits the skids they’re now … Continue reading →

The answer is absolutely YES. How? Start by taking a look at the short, 1 minute video below. It shows the next home that I’m looking to add to my portfolio of long-term rental properties. It’s an all brick, 3 … Continue reading →

This result was not unexpected – there was supposed to be the last huge number or ARMs readjust in March. What’s surprising is that this time last year the pundits and analysts were talking about the real estate market taking a bath … Continue reading →

Can I find one for you? Here’s the property that I wrote about a couple of weeks ago. 3 bedroom, 1.5 bath all brick ranch home in the best school district in the state – Grosse Pointe. Roof, furnace, central … Continue reading →