Detroit
Insights on the Transformation of Detroit
For many American cities, the end of 2007 marked the bitter start of what now experts call “The Great Recession.” Among them, Detroit. But the ghost-like Detroit turned out to be a tremendous opportunity for real estate investors, and one of them has become a sort of local superhero.
MARKET SNAPSHOT: Job Growth, Increased Apartment Demand Expected to Revitalize Detroit
Detroit may be bankrupt, but its thriving real estate market could be a veritable lifebelt leading to the city’s recovery.
Detroit’s Quicken Loans Is the No. 1 Place to Work in IT
Computerworld, an online publication that provides technology news and information for information technology leaders, has recently revealed its annual “100 Best Places to Work in IT” list, a comprehensive report that recognizes a company’s core culture such as employee benefits, diversity, career development, training options and retention efforts.
Detroit and Other Michigan Cities to Share $100 Million Demolition Grant
In an effort to solve the issue of blighted and dangerous properties across the state and reduce crime in neighborhoods, Gov. Rick Snyder last week announced that the U.S. Department of the Treasury granted $100 million under a pilot program that enables states to decide locally on actions that prevent foreclosures and support the housing recovery.
Private Investment Venture Snags All Foreclosed Properties in Macomb County for $4.9 M
By Veronica Grecu, Associate Editor Former yacht dealer and millionaire Bill McMachen and an unnamed partner snapped up all foreclosed properties in Macomb County at a public auction held last week at Freedom Hill in Sterling Heights. For $4.9 million or an average of $7,500 per property, the two buyers acquired an unprecedented lot of […]
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