Category Archives: Michigan Economy
Lansing (Re) Development – Positive Changes
Have you been to downtown Lansing recently? In the midst of growing foreclosures & higher unemployment around the state, Lansing is in the middle of major changes to it’s skyline. Last night, Mayor Virg Benero outlined some new tax incentives … Continue reading
The Key to Rising Home Prices
Higher Demand or Lower Supply = Rising Prices It’s a basic economic principle that when supply increases, prices come down. And, when supply decreases, demand can rise and prices will rise with demand. (a good resource is Basic Economics, by … Continue reading
Michigan: Guilt By Association
As a mortgage broker in the Lansing area for 14 years, I’ve seen the real estate industry go through various cycles along with the mortgage industry. Yes, I understand that the housing market across the country as a whole does … Continue reading
What is a Builder Trade?
We seldom talk about Builders and Realtors offering home trades. In markets like this one however, the technique is making a comeback in order to move real estate. In a real estate market where properties are selling in under 60 … Continue reading
Uncertain Times Require Creative Measures
Michigan has been in the news a lot recently when it comes to depreciating real estate, record foreclosures, unemployment, declining new home starts, etc., etc. You can choose to listen to all of the pessimism and sink back into your … Continue reading