With apologies to the defunct E.F. Hutton: When Sam Zell speaks, people listen. This week’s Ann Arbor Business Review has an interview with Samuel Zell the largest U.S. landlord and the chairman of Equity International. Sam had this to say about Michigan’s current real estate market status: Business Review: We’re getting a sense here that Michigan may be… Continue Reading
Regular readers of this humble blog will notice a rather large change in style on the SE Michigan Real Estate blog. And as you can also see across the top of the home page, the banner image is not from SE Michigan. Although it contains the word Sambuca (mmmmm…Sambuca!), I would like to feature images… Continue Reading
September is behind us, U of M football is in full swing, and the Tigers are still playing baseball. Here comes the seasonal slowdown in the real estate market. Big House Data provided a new chart for perusal. It shows the number of listings to the number of closings in the last 12 months. Click… Continue Reading
This coming November we will see five (5) proposals on our Michigan ballot. Not that many proposals when you compare our state ballot to other states. There is one proposal, however, that has yet to really see the light of the campaign trail, as it were. Proposal 4 is a proposed state constitutional amendment to… Continue Reading
As the Houston Business Journal points out in this article, the Houston housing market is coming off a relatively hot summer for housing. 31 consecutive months of increasing sales! That’s a moving and shaking market. With median housing value of $152,000, Houston’s median value is 34.3% less than the national median of $231,200 Technorati Tags:… Continue Reading
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