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  • Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy
    Investment Property

    Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy

    October 1, 2022 /

    FOR Fast Launch September 30, 2022 Call: [email protected]   Gov. Whitmer Announces $21.55 Million Blight Elimination Grant Software to Revitalize Communities, Improve Economy LANSING, Mich. – Nowadays, Governor Gretchen Whitmer announced $21.55 million in funding for a competitive grant program to tackle vacant, deserted, and deteriorated homes across Michigan that will be administered by the Condition Land Lender Authority (SLBA). The SLBA operates to develop a beneficial economic effect on Michigan communities by facilitating successful reuse of land. “As governor, I am focused on investing in communities throughout Michigan to make them a superior place to raise a loved ones, get started a organization, and pursue your prospective,” stated Governor Whitmer.…

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    Jerry Schmidt Comments Off on Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy

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    Is Now a Good Time to Buy Rental Property?

    Is Now a Good Time to Buy Rental Property?

    December 4, 2022
    Amazon.com, Inc. (NASDAQ:AMZN), Salesforce.com Inc (NYSE:CRM) – Bezos-Backed Real Estate Investment Platform To Launch Its 100th Rental Property Offering

    Amazon.com, Inc. (NASDAQ:AMZN), Salesforce.com Inc (NYSE:CRM) – Bezos-Backed Real Estate Investment Platform To Launch Its 100th Rental Property Offering

    April 30, 2022
    How to Buy a Rental Property

    How to Buy a Rental Property

    December 10, 2022
  • Realtor.com Site Visitor Survey Results: Homebuyers Respond to Challenges from the Market and the Economy at Large
    Real Estate News

    Realtor.com Site Visitor Survey Results: Homebuyers Respond to Challenges from the Market and the Economy at Large

    September 9, 2022 /

    Highlights High listing prices and high mortgage rates lead 34.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of buyers to report budget challenges in their homebuying experience. The share of buyers who report being overbid on a home has decreased as the market has begun to correct itself. Buyers are increasingly targeting homes in other states and smaller towns in a search for affordability. 40.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of all buyers and 45.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of first-time buyers believe the US is currently in a recession, and recession perception is increasingly affecting when buyers are looking to make a purchase.   Background and Context In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market…

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    Jerry Schmidt Comments Off on Realtor.com Site Visitor Survey Results: Homebuyers Respond to Challenges from the Market and the Economy at Large

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    My Apartment Has No Heat. What Can I Do?

    October 31, 2021

    Hawaii’s ultra-luxe real estate is smashing records. Here’s what’s selling

    December 14, 2021
    Russians in Florida’s ‘Little Moscow’ Worried About Buying Real Estate

    Russians in Florida’s ‘Little Moscow’ Worried About Buying Real Estate

    February 26, 2022
  • Real Estate News

    China’s Economy is Slowing, a Worrying Sign for the World

    January 17, 2022 /

    BEIJING — Design and residence profits have slumped. Small corporations have shut since of increasing prices and weak gross sales. Credit card debt-laden community governments are chopping the pay of civil servants. China’s economic system slowed markedly in the final months of very last calendar year as govt measures to restrict authentic estate speculation hurt other sectors as very well. Lockdowns and vacation constraints to include the coronavirus also dented shopper paying out. Stringent rules on anything from world-wide-web firms to right after-school tutoring corporations have established off a wave of layoffs. China’s Nationwide Bureau of Studies said Monday that financial output from Oct by way of December was only…

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    Jerry Schmidt Comments Off on China’s Economy is Slowing, a Worrying Sign for the World

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    Seattle’s real estate year: historic, record-breaking and disturbing

    December 27, 2021
    Red-hot Miami housing market expected to defy 2023 cost correction as blue state exodus continues

    Red-hot Miami housing market expected to defy 2023 cost correction as blue state exodus continues

    January 21, 2023
    Selling a Distressed Home

    Selling a Distressed Home? What to Expect

    March 17, 2025
  • Real Estate News

    From real estate to inflation, here’s what to expect from the economy in 2022

    December 28, 2021 /

    After a 2nd consecutive calendar year in which the word “unprecedented” did much more than its honest share of narrative major lifting, economists are on the lookout ahead to 2022 with a perception of wariness: Sharply escalating price ranges and the unsure severity of the omicron variant of the coronavirus solid twin shadows in excess of forecasters’ anticipations, but some nevertheless observed rationale for optimism in the face of this sort of unknowns.  “2022 is what I’m going to phone a changeover in the direction of normalcy,” said Eric Diton, the president and managing director of The Wealth Alliance, an expenditure advisory agency. “It suggests the world wide financial state…

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    Jerry Schmidt Comments Off on From real estate to inflation, here’s what to expect from the economy in 2022

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    Housing Market Crash Won’t Happen in 2023 for 3 Reasons: NAR

    Housing Market Crash Won’t Happen in 2023 for 3 Reasons: NAR

    February 15, 2023

    Manhattan real estate reaches record-breaking $30 billion in sales

    January 5, 2022
    Wahi Launches State-of-the-Art Real Estate Platform

    Wahi Launches State-of-the-Art Real Estate Platform

    May 19, 2022
  • Investment Property

    China’s property distress sours steel sector in warning sign for economy

    December 19, 2021 /

    Laborers work at a steel plant of Shandong Iron & Steel Group in Jinan, Shandong province, China, July 7, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Spillover-effect of property slump poses fresh risks to economy Steel demand, vital part of industrial engine, suffers blow Hit to construction ripples broadly, stings cement, appliances Credit constraints, property woes show no signs of easing soon BEIJING, Dec 19 (Reuters) – Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nation’s industrial engine – the steel sector – and started to ripple through to other critical parts of the world’s second-largest…

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    Jerry Schmidt Comments Off on China’s property distress sours steel sector in warning sign for economy

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    Young Buyers Focus on Investment Properties to Build Wealth

    Young Buyers Focus on Investment Properties to Build Wealth

    October 28, 2022
    Crystal Investment Property Brokers the Sale of Packwood Lodge

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    September 23, 2022
    Alpine Income Property Trust: An Interesting Microcap Retail REIT (NYSE:PINE)

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