Blog RSS

Duggan is bringing Detroit back By George Will, Columnist

... [MORE]

7 REASONS WHY THE DETROIT REAL ESTATE MARKET IS HEATING BACK UP By VerticalRent

7 Reasons Why the Detroit Real Estate Market is Heating Back Up

... [MORE]

Entrepreneurs, artists sought for winter Downtown Detroit Markets By TYLER CLIFFORD

Applications are now open for entrepreneurs, artisans, artists and small businesses to take part in this winter season's Downtown Detroit Markets, hosted by real estate mogul Dan Gilbert's Bedrock and the Quicken Loans Family of Companies.

Thirty vendors will be selected to set up shop inside the 1001 Woodward building or outside at Cadillac Square and Capitol Park downtown. For $1,000, vendors will get a 130-square-foot glass booth with electrical, some lighting, heaters

... [MORE]

Gilbert: 'Concentrated ownership' of real estate a positive for Amazon in Detroit By KIRK PINHO

... [MORE]

This super-efficient house cost less than $200 to operate all summer long By Jim Harger

... [MORE]

Detroit real estate deal allows University of Michigan Credit Union to expand in city By Paula Gardner

... [MORE]

Quicken, UCHC partner to turn 80 renters into homeowners By ROBIN RUNYAN

... [MORE]

Detroit real estate prices continue to rise By Matthew Smith

... [MORE]

Dan Gilbert announces plan to bring 24,000 jobs to Detroit By Frank Witsil,Susan Tompor and JC Reindl, Detroit Free Press

636415179232629237-092017-Book-rb-019.JPG

... [MORE]

Cranbrook Realtors joins Howard Hanna real estate firm By Jessica Haynes

... [MORE]

Brookside Residences Introduces New Tier of Luxury Living in Birmingham By Erin Sabo (Patch Contributor)

Brookside Residences Introduces New Tier of Luxury Living in Birmingham

... [MORE]

Dawda Mann’s Real Estate Practice Group Honored By Midwest Real Estate News As 2017 Best Of The Best By Erin Sabo (Patch Contributor)

... [MORE]

Council approves housing law amid gentrification fears By Christine Ferretti, The Detroit News

sheffield

... [MORE]

Group investing $27.5 million in new housing for Detroit neighborhoods By Scripps Media

... [MORE]

New Woodbridge residential development approved by Historic District Commission By ROBIN RUNYAN

... [MORE]

Forecast: Big demand for downtown Detroit housing By Candice Williams, The Detroit News

-2017-0301-rb-bu-riverfront178.jpg_20170314.jpg

... [MORE]

Detroit's equitable developers share strategies for making the city both prosperous and just By AARON MONDRY

North End developers Steven Harris of Rebound Construction and David Alade of Century Partners

... [MORE]

New home permits up in southeast Michigan By Candice Williams, The Detroit News

... [MORE]

Developers chosen for $4M Detroit development By Louis Aguilar, The Detroit News

636269978088938889-2017-0405-dm-me-fitzgerald0117.jpg

... [MORE]

Vacant Detroit hospital complex eyed for development By The Detroit News

The vacant Herman Kiefer Hospital complex looms along

The vacant Herman Kiefer Hospital complex looms along the side of the Lodge Freeway. A developer hopes to invest $143 million in the complex, begging with a small hotel and indoor sk

... [MORE]

Matt Shiffman has $75 million in projects in Birmingham, Detroit By KIRK PINHO

CORRECTION APPENDED

  • Alden Development makes noise in Birmingham, downtown Detroit
  • Matt Shiffman is son of Sun Communities CEO
  • Shiffman is also a partne
... [MORE]

Windsor may join Detroit pitch for Amazon headquarters, making it an international bid By Frank Witsil

636362529577349351-AP-TEC--Amazon-Everywhere-NY.jpg

... [MORE]

Mortgage desert' gets helping hand By Stan Bullard


... [MORE]

135-year-old mansion on Heritage Hill offers historic setting for renters By Jim Harger

... [MORE]

$27.5 million investment announced to revive Detroit neighborhoods By Wxyz Detroit

... [MORE]

Detroit neighborhoods to get $27M investment By Dave Spencer

... [MORE]

Howard Hanna staking bigger claim in Detroit metro By GILL SOUTH

... [MORE]

Detroit Real Estate Heats Up By MICHAEL KOLOMATSKY

... [MORE]

Median sale price for Detroit homes jumps 50% By KURT NAGL

The median sales price for homes in the city in August increased 50 percent year over year to $36,000 — the biggest jump in metro Detroit, according to new data released Thursday by Farmington Hills-based Realcomp Ltd. II. The number of total sales in

... [MORE]

Hudson's site project swells by $125 million, gets taller By KIRK PINHO

An updated vision for Dan Gilbert's planned redevelopment of the J.L. Hudson's site downtown calls for a taller, more expensive building than previously proposed, but Detroit's most influential real estate developer needs more time to complete it.

Joz

... [MORE]

New Exhibition Shows Detroit's Design Power By CARRIE HOJNICKI

... [MORE]

Expats find real estate deals are a way to add to Detroit By KIRK PINHO

... [MORE]

How the Ilitches used 'dereliction by design' to get their new Detroit arena By Tom Perkins

Construction on Little Caesars Arena, 2017. - COURTESY PHOTO

... [MORE]

Hot damn! Detroit real estate is on fire (and it’s cheap) By MARIAN MCPHERSON

... [MORE]

Kent County to auction these tax-foreclosed properties By Jim Harger

taxsalehouse.jpg

... [MORE]

Detroit eyed by investors as the next city to experience a real estate boom By Michael Jordan

detroit real estate

... [MORE]

See how much homes are selling for in Washtenaw County in 2017 By Ann Arbor

Washtenaw County residential home sales.jpg

... [MORE]

Report: Detroit ranks #1 in how much house you can buy with $100K By ROBIN RUNYAN

 

... [MORE]

Midtown Detroit Inc. and partners announce $20 million Selden Corridor initiative By Roz Edward

... [MORE]

Michigan: The Epicenter of Mobility The Evolution of the Automotive Capital By Rick Snyder

... [MORE]

Will southeast Michigan's industrial rebound spread to Flint? By Paula Gardner

... [MORE]

Cadillac House restoration aims to restore inn and tavern to original grandeur By ANNALISE FRANK

... [MORE]

5 Things To Do In Michigan On Labor Day By John Mason

MacXever/Thinkstock

... [MORE]

The 15 Best Fancy Places in Detroit By Foursquare Lists

... [MORE]

Back to school tips for your four-legged companions By Beth Chamberlain

... [MORE]

$10M boosts Detroit school prepping students, adults for jobs By Lori Higgins

School classroom

... [MORE]

Column: Tax reform would boost Michigan’s economy By Romina Boccia

autoplant

... [MORE]

New investments would bring 1,000-plus SE Mich jobs By Jim Lynch

file-- lear corp.

... [MORE]

Detroit Turning to Immigrants to Energize Local Economy By Dorothy Gundy

... [MORE]

Berry Gordy’s ‘Motown Mansion’ In Detroit Sells For $1.65M By Beth Dalbey

Berry Gordy’s ‘Motown Mansion’ In Detroit Sells For $1.65M

... [MORE]

Lululemon coming to downtown Detroit By JC Reindl

636384017536020341-IMG-0197.JPG

... [MORE]

Mayoral candidate Ingrid Lafleur proposes a universal basic income for Detroit By The Michigan Chronicle

... [MORE]

Hillside buys downtown Ann Arbor buildings for $50 million By KIRK PINHO

... [MORE]

Detroit now has chance to get public transit right

... [MORE]

Beaumont Health zeroes in on Southfield for new headquarters By KIRK PINHO and JAY GREENE

... [MORE]

Detroit Lures Manufacturers To Industrial Park, Vacant Land

 

... [MORE]

Bank of America building in Troy sells for $74 million By KIRK PINHO 

The Bank of America regional headquarters building in Troy sold this week to an unidentified New York City-based real estate group, according to two sources familiar with the deal.

The sale price was $74 million, according to one of those sources, who were not authorized to speak p

... [MORE]

Detroit's Michigan Theatre, 29 other Dennis Kefallinos parcels up for sale By Ben Solis

... [MORE]

Kefallinos puts 30 Detroit properties up for sale By KIRK PINHO

... [MORE]

5 Metro Detroit Resort-Type Houses Guests May Never Want To Leave By Beth Dalbey

... [MORE]

Loft To Love: Just Renovated $1.595M Detroit Loft Is The Real Deal By Beth Dalbey

 

... [MORE]

Detroit Metro 1 Of 20 Hot Real Estate Markets: 13 Recent Sale Prices By Beth Dalbey

... [MORE]

In Detroit, Anyone Can Be a Real Estate Developer By Patrick Clark

... [MORE]

Top 12: 'Diamonds in the rough' in Detroit real estate By Paula Gardner

... [MORE]

80 keep homes in Detroit buyback program By Charles E. Ramirez

636353764671108720-2017-0711-ctj-me-occupied018.jpg

... [MORE]

Report: $5.4 billion in construction set in, around downtown Detroit By KIRK PINHO

... [MORE]

New St. John Providence Medical Center Opens Its Doors By Roxana Baiceanu

Rendering of the St. John Providence medical center in Howell

... [MORE]

California Investor Acquires Michigan Office Property By Roxana Baiceanu

2150 Butterfield Drive, Troy, Mich.

... [MORE]

Meijer Doorstep Grocery Delivery Extended In Metro Detroit By Beth Dalbey (Patch National Staff)

Meijer Doorstep Grocery Delivery Extended In Metro Detroit

... [MORE]

Driverless Shuttles Debut At University Of Michigan This Fall By Associated Press (Patch National Staff)

Driverless Shuttles Debut At University Of Michigan This Fall

... [MORE]

World’s Biggest Burger: 5 Juicy Bites About $8,000 Michigan Sandwich By Beth Dalbey (Patch National Staff)

World’s Biggest Burger: 5 Juicy Bites About $8,000 Michigan Sandwich

... [MORE]

Michigan’s Richest Person Worth $5.9 Billion By Beth Dalbey (Patch National Staff)

Michigan’s Richest Person Worth $5.9 Billion

... [MORE]

Bedrock, city of Detroit bring affordable housing downtown By Ingrid Kelley

... [MORE]

Real Estate Firm, Detroit Reach Affordable Housing Agreement

... [MORE]

Metro Detroit real estate market heats up By KIRK PINHO

... [MORE]

Six Expensive Home Repairs You Can Avoid With a Little Maintenance By Kristin Wong

 

 

... [MORE]

How to prevent large home repairs

How to prevent large home repairs

... [MORE]

11 Ways to Avoid Costly Home Repairs By Sid Kirchheimer, AARP

... [MORE]

Hazel Park welcomes opening of largest building in the city, Tri-County Commerce Center By Mike McConnell

At 575,000 square feet, the new Tri-County Commerce Center at 1400 E. 10 Mile is Hazel Park is expected to bring a few hundred new jobs to the city. Mike McConnell - Daily Tribune

... [MORE]

West Michigan feels affordable housing crunch By Pat Evans

(As seen on WZZM TV 13)

... [MORE]

Amazon's new Michigan fulfillment center 'like landing an automotive assembly plant' By Paula Gardner

... [MORE]

Can Detroiters Finally Get a Stake in the City's Real-Estate Boom? By Andrea Penman-Lomeli

... [MORE]

Municipal Employees Retirement System of Michigan Maintains Stake in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

 
Retail Opportunity Investments Corp. logo
 
... [MORE]

21 Brilliant Hacks for Everyday Home Repairs By MANASA REDDIGARI

 

 

 

 

 

 

Use a Vegetable Peeler if You Don't Have a Phillips Head Screwdriver

... [MORE]

Useful information and advice on repair prevention

General repairs

    ... [MORE]

    99 Clutter Hacks For Your Home By JOHNNA KAPLAN AND ELIZABETH LARKIN

    ... [MORE]

    10 Brilliant Hacks to Declutter Your House And Life

    ... [MORE]

    I'm About To Move Into A Tiny Home. Here's The Decluttering Hack That Made It Possible By Jordyn Moullette

    At the time, I was working 80-hour weeks, not including the long, crowded commute between Beverly Hills and East LA. Though everything seemed OK on the surface, I was burned out, my life was full of mental and physical clutter, and my relationships were strained. I kne

    ... [MORE]

    21 housekeeping hacks you need to make habits in the new year By Kathleen Lee-Joe

    Here’s our round-up of surprisingly simple household hacks to take into 2017. ‘Cos when it comes to cleaning, the less time we spend doing it, the better!

     

    1. Unload the dishwasher before breakfast

    That way, you can pop your dirty cereal bowl straight in when you’re done. No
    ... [MORE]

    10 Great Housekeeping Hacks for Naturally Cleaning Your Home

     

    The Bright Side team has selected some awesome tips that will help you clean your house using products easily found in any kitchen.

    Bathroom tiles

    You will need:

    • 1/4 glass of hydrogen peroxide
    • 1 tablespoon of liquid soap
    • 1/2 glass of
    ... [MORE]

    Detroit's urban beach project wins $225,700 in national grant competition By Dana Afana

    The Atwater Beach project, pitched by The Detroit Riverfront Conservancy, was named a finalist in the Knight Cities Challenge earlier this year and was announced Monday as a winner of a $225,700 grant.

    "We're thrilled," said Marc Pasco, spokesman for the Detroit RiverFront Conservancy.

    "We're still in process of raising the funds to fulfill this project but the money we're awarded in this grant helps Atwater Beach become a reality.&

    ... [MORE]

    5 Detroit Projects, Including Slow Roll And Atwater Beach, Receive $810,400 By Daily Detroit Staff

     

    Across the country, Knight received more than 4,500 submissions and they narrowed it to 144 finalists to submit full applications. From those finalists, we selected the 33 winners in 19 cities.

    Here are the award winners:

    Atwater Beach: $225,000 (by Detroit RiverFront Conservancy; submitted by Jan Shimshock): Further activating the Detroit waterfront by creating an inviting, urban beach along the city’s Atwater St

    ... [MORE]

    A new pedestrian plaza opens in downtown Detroit By: Robin Runyan

    Detroit hasn’t been known for being very pedestrian-friendly in the past. In fact, it was recently named one of the most dangerous cities for pedestrians in the country. In the last couple months, we’ve seen more mobility options in the Motor City including the QLINE and the MoGo Bike Share. An esplanade opened from Campus Martius to Larned last month, and now a large pedestrian plaza is open in front of the Spirit of Detroit statue on Woodward.

    ... [MORE]

    Tom Wilson talks progress, jobs linked to new Detroit arena By: WXYZ Detroit

    DETROIT, Mich. (WXYZ) - Tom Wilson, President and CEO of Olympia entertainment granted 7 Action News an exclusive interview to discuss the progress of Little Caesars arena. Click the video player to see what he told Ann Marie LaFlamme

    ... [MORE]

    Here’s what $150K can buy you in Detroit right now By: Robin Runyan

    This week, we’re looking at four homes in desirable neighborhoods across Detroit, all coming in between $110,000 and $149,000. Which house and which neighborhood would you choose?

    ... [MORE]

    Metro Detroit’s 10 Hottest New Brunches By: Brenna Houck

    Ready to break out of your standard brunch routine? Consider this your roadmap to exploring the most exciting new brunch spots in town. Whether it’s a new restaurant or an old favorite with a fresh service, the Detroit Brunch Heatmap updates regularly to highlight spots where the crowds are flocking to at the moment.
     
    In this most recent update find a mixture of casual spots and upscale eateries serving excellent midday meals from mix-and-match ce
    ... [MORE]

    Beyond The Bookshelf: How Detroit’s Libraries Are Finding New Ways To Engage With The Community By: Jessica Meyer

    When folks talk about Detroit, we hear the same words used over and over again: poor, broken, abandoned, blighted. But our experiences in the Motor City have shown us something completely different – a community that, in the face of overwhelming challenges, maintains a profound commitment to making Detroit a better place.
     
    This juxtaposition of resilience and adversity, coupled with the city’s abiding innovative spirit, has made Detroit fert
    ... [MORE]

    6 Amazing Murals Popped Up In Town, Check Them Out Here By: Shianne Nocerini

    The six murals for the Small Business Mural

    ... [MORE]

    Six More Tiny Homes Appear In Detroit’s Dexter-Linwood Neighborhood By: Daily Detroit Staff

    Cleaning help and hacks from hotel housekeepers By: Katie Jackson

    If there was a world record for number of rooms cleaned in a lifetime, there’s no doubt a hotel housekeeper would hold the title.
     
    They can turn over rooms faster than most people can figure out where their vacuum attachments go and find an outlet.
     
    Heavy duty spring cleaning may still be a few weeks away, but here are some everyday housekeeping tip from the folks who make careers out of deep cleaning on a daily
    ... [MORE]

    Two projects in Detroit aiming to increase access to healthy food & spur economic development receive $75,000 By: Marge Sorge

    Imagine what it would be like to want an apple, a pear, a banana or carrots, peas, or, yes, even broccoli, and there was no place to get them.

    ... [MORE]

    25 House Cleaning Hacks for the Lazy Housekeeper By: Kim Bryan

    1. Effortless Garbage Disposal Cleaning

    Make a tray

    ... [MORE]

    Spring Cleaning Guide: To-Do’s for Every Homeowner

     

     

    Welcome Spring!

    Ready to tackle your home’s springtime projects? Our handy guide breaks them down: Spring Cleaning & To-Dos (once-a-year tasks perfectly suited for spring), Exterior To-Dos (fix-ups and repairs for the outside of your home), and Room-by-Room Tasks (decluttering and cleaning tips for specific rooms).

    ... [MORE]

    Spring Chimney Preparation Tips For Michigan Homes by ChimneyRepair

    Clean The Creosote From Your Chimney

    Creosote is a black substance that builds up in chimneys over time. It mostly forms in the winter months when the warm air from your fireplace meets the cold air outside. This causes condensation and the development of a tar-like solution that can smell and reduce your chimney’

    ... [MORE]

    Sterling Group buys 60,000-square-foot Cass Avenue property by Kirk Pinho

    The building at Cass and Peterboro sold earlier this month for an undisclosed price. Plans for the building, which houses art studios and office space, are not known. A representative from Sterling Group could not immediately be reached

    ... [MORE]

    5 Metro Detroit Wow! Houses For The Ridiculously Rich by Beth Dalbey

    METRO DETROIT, MI — If you’ve got a huge wad of cash to spend on real estate, be sure to check out these seriously extravagant homes. They feature everything from a bank vault and a theater that’s a double for New York City’s most famous theate

    ... [MORE]

    More details emerge for SOMA (South of Mack Avenue) development by Robin Runyan

     

    Yesterday, we talked

    ... [MORE]

    Big-name developers compete for Lakewood project By: Stan Bullard

    Editor's note: This story was updated at 9 a.m. on Tuesday, April 4, to correct the date of the groundbreaking ceremony for the Cleveland Clinic Lakewood Family Health Center.
     
    Competition is intense for an assignment to remake the site of Lakewood H
    ... [MORE]

    6 Michigan communities among '100 Safest in America' By: Brandon Champion

     
    Six Michigan communities are among the safest in America, according to a report released on Monday, April 3.
     
    SafeWise, a home security and safety brand, compiled its fourth annual report of the 100 Safest Cities in America by analyzing the most recent complete FBI crime
    ... [MORE]

    Developers chosen for $4M Detroit development By: Louis Aguilar

    One of Detroit’s first tests of whether it can find new use for the blocks of land it cleared of blight took a big step forward Wednesday.
     
    A development team was selected for an estimated $4 million plan to redo 115 vacant homes over two years, create a two-acre park and landscape 192 vacant lots in the Fitzgerald neighborhood on the northwest side. The development, near Livernois and McNichols, will take place in an area where the Detroit Land B
    ... [MORE]

    Rock Ventures: Stadium project creates $2.4B impact By: Louis Aguilar

     
    The Rock Ventures proposal to develop the site at the unfinished Wayne County jail in downtown Detroit along with building a new criminal justice complex would create $2.39 billion in economic i
    ... [MORE]

    3D Printing and the Economy: Detroit Ranked Best City in the US for CAD Designers, According to Modis By: Clare Scott

     

    ... [MORE]

    Warren now has highest industrial property values in metro Detroit By: Kirk Pinho

    Metro Detroit has a new industrial powerhouse.
     
    Or make that two.
     
    The city of Warren now has an industrial property base that far outpaces Detroit's at $578.2 million, triggered in part by a handful of sweeping industrial expansions and retooling in the automotive indus
    ... [MORE]

    16 condos sold before they're built in Detroit Brush Park development By: Dana Afana

     
    DETROIT -- Quicken Loans founder Dan Gilbert broke ground on a $100 million mixed-use development in Brush Park in November 2016, and 39 condominiums are already on the market before construction.
     
    City Modern, an 8.4-acres development project in vacant space on
    ... [MORE]

    3 Money-Saving Tax Tips for Homeowners By: WPLG Local10.com

    If you have not yet filed your taxes - here are three tips for homeowners that will save money, headaches, and more!
     
    Tip 1: Form 1098. This is the mortgage interest statement that will get you tax breaks due to mortgage interest and property taxes.
     
    ... [MORE]

    Detroit's riverfront plan includes a beach, more parks, fewer condos By: John Gallagher

     
    Detroit's east riverfront will not, after all, become the near-exclusive domain of high-end condominium and apartment dwellers.
     
    ... [MORE]

    Farmland prices soar in Michigan By: Mike Wilkinson

    ... [MORE]

    Residential, retail development near Detroit's New Center breaks ground By: Ken Haddad

    DETROIT - A new development near Detroit's New Center neighborhood has broken ground.
     
    Construction has started on the first phase of Baltimore Station, a project that will bring retail and residential to Detroit's Milwaukee Junction area.
    ... [MORE]

    Detroit Real Estate Value Drops Below Tiny Ann Arbor By: Douglas A. McIntyre

    Ann Arbor&rsq

    ... [MORE]

    Detroit real estate this spring: What to watch for and expect By: Robin Runyan

    Hot neighborhoods

    A couple months ago, we talked about what could be

    ... [MORE]

    Metro Detroit Property Management Finds that Rent is the New Buy By: John Deeby

    It’s an Investors Market
     
    According to a recent national renters survey, renters are committing to their rental properties long-term. The survey shows the percentage of single-family home property renters committing to their rental properties for more than 5 years is 22%, 3-5 years is 14%, and those expecting to commit for at least 2 years is 59%.
     
    These figures show on average that 25 percent of single family h
    ... [MORE]

    Michigan January ’17 Market Report By: Matt Barker

    2016 was a great year for single family home sales in Southeast Michigan. Many factors including location, price range and condition affect the value of individual properties, but in general the number of homes sold in 2016 was up by four percent and the average sales price was up by five percent compared to 2015.
     
    With over 17 thousand single family homes sold at an average price of $275k, Oakland County led with $4.8 billion in 2016 sales volume as re
    ... [MORE]

    Two very different Detroits exist when it comes to the real estate market By: Daily Detroit

    The Wallethub report was created “in light of good news” for the housing sector across the U.S. economy, but Detroit as a whole is looking left behind. In an email we were shared the following metrics about the city of Detroit, with 1 being the best and 150 being average:
     
    ... [MORE]

    Study: Detroit is the 89th best U.S. city to live in Written By: Michelle Goldchain

    Image via Shutterstock/Andrey Bayda

    The 

    ... [MORE]

    Here’s What $65K Can Buy You in Detroit Right Now By: Robin Runyan

    This first house is through the 

    ... [MORE]

    Top 13 Tips If You’re Moving to Detroit Written By: Amelia Josephson

    Here is a quick summary:

    1. You Gotta Have Heart
    2. Embrace the Tigers
    3. It’s Not All Industrial
    4. Detroit is Huge
    5. You Need a Car
    6. Detroit is Political
    7. You’re in Prime Position to See Michigan
    8. Detroit Gets Creative
    9. The Cheap House Thing is Overrated
    10. The Art and Architecture are Stunning
    11. It&rsquo
    ... [MORE]

    Look to Detroit for the future of how cities can rebound From JPMorgan Chase & Co.

    The famous urban planning pioneer Jane Jacobs 

    ... [MORE]

    5 THINGS TO KNOW ABOUT MOVING TO DETROIT By: CHIOKE

    Here are 15 ways to invest in Detroit

    ... [MORE]

    Chinese Investors Snap Up Property in Bankrupt Detroit

     

     

     

     

    ... [MORE]

    Are you tired of Bed Bugs?

     

    Bed bugs can be a massive problem that no one talks about because they are embarrassed! On the contrary, in order to stop the spreading, we need to talk about these things. Bed bugs are bloodsucking insects that are notoriously difficult to exterminate and not uncommon. They are hitchhikers!  Bed bugs will climb into things such as purses, duffle bags, furniture, used clothing ETC. This is how they spread from place to place. People need to tell other when they have t

    ... [MORE]

    Backwards Buyers

     

    At what point can you really call yourself an real estate investor?

    On a daily basis we receive calls from buyers that state they are real estate "investors" looking for a good deal.  But are those buyers qualified to be calling themselves investors at all?  Here are my key conversation points that I listen for to determine if a buyer is a true investor!

    1. You have done your research!  Before you even lifted up the phone to c

    ... [MORE]

    Short Sale Now or PAY

     

    This is a fun, fast paced video that talks about short sales and owing the government.

    Short Sale Now or PAY

     

       Please visit our website www.palmelite.com

    ... [MORE]

    Don’t upgrade with a Pool if you are looking for Payback!

     

    Although we all love a great cannonball, an in-ground pool may be your belly flop- worst choice when deciding where to get the biggest returns for your buck in upgrades. Typically it will cost between 25k-50k depending on the size and quality of pool materials before anyone will be able to set foot in the water

    ... [MORE]

    Picture This

     

    We are changing from summer to fall and for many homeowners this begins to instill fear thinking that without summer they will be unable to sell their home. Many buyers like to get settled in before children begin the school year, many hate to move in the cold, BUT this does not mean that it is too late to sell or rent your home. The best thing you can do is be sure to keep up with the marketing.

    Being sure to keep the home plastered on the market will create th

    ... [MORE]

    What exactly is this 3.8 Percent “Sales Tax” on Your Home?

     

    Q: Does the health care law impose a 3.8 percent tax on profits from selling your home?

    A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.

    FULL ANSWER

    ... [MORE]

    Foreclosure rates across the US. Where does your state rank?

     

    Foreclosures were up 47% in March from a year ago, and up 7% from last month alone, according to Realty Trac,  While foreclosure rates leveled off last year in the second and third quarters, many economists and industry insiders are predicting foreclosures to surge again in coming months.

    Economist David Shulman of the UCLA Anderson Forecast says he thinks foreclosures will continue to rise for the remainder of the year as more adjustable-rate mortgages res

    ... [MORE]

    Sellers: Curb Appeal

     

    Even the smallest improvements on a property can have a wonderful impact on prospective buyers. These improvements can be inexpensive, affordable, but alter the property for the better. One of the most important areas such as this is THE LAWN. Through the landscaping, an owner can transform a bleak building to a desirable destination. The primary presentation of the property is one thing t

    ... [MORE]

    Can luxury be defined?

     

    I think Luxury is relative and not absolute. It’s all about the person’s point of view on the particular subject that really matters. Below are the dictionary definitions of luxury!

    1.a material object, service, etc., conducive to sumptuous living, usually a delicacy, elegance, or refinement of living rather than a necessity: Gold cufflinks we

    ... [MORE]

    Chinese Drywall ETC

     

    The four hurricanes that hit Florida in 2004, along with Hurricane Katrina in 2005, set off a building boom that drained domestic supplies of drywall, a board used to create the interior walls of homes. Builders turned to imported materials, much of it from China. But serious problems soon emerged.

    "People started noticing there was a strong smell of sulfur," said Jim Katen, a partner in 

    ... [MORE]

    Some Homes are just HARD!

     

    There are homes that are hard to insure and there are homes that are hard to finance. Homes in flood plains, adjacent to wildfire zones and in the likely path of hurricanes can be difficult and expensive to insure. When fire or wind risk is high, many homeowners wind up having to buy coverage from their states' 

    ... [MORE]

    Don’t Buy THAT House!

     

    Sometimes the problem isn't the house; it's the neighborhood. You won't be shelling out for repairs, since the issues typically can't be fixed. The real cost is the reduction of your home's value and how difficult your home may be to sell in the future.

    Neighbors who are slobs or hoarders can knock up to 10% off adjacent home values. Getting them to clean up their acts can be difficult, even if your area has zoning and public-health officials

    ... [MORE]

    Check your Ground!

     

    Many say that the two most important things to look at when purchasing a home is the foundation and the soil it sits on! Be sure to look not only at the foundation itself but also check on where it sits. The old-school method of detecting foundation problems still works: Drop a marble on the floor and see how far (and how fast) it rolls. Sloping or sagging floors can indicate serious foundation problems that can cost a fortune to fix, inspectors and appraisers warn.

    ... [MORE]

    What to do when there isn’t a credit report!

     

    Typically when looking to screen tenants, the owner or management company goes straight to a credit report to review for qualification on the tenants.

    What happens when the tenant does not have a credit history? This is very common for international renters. Perhaps a person who is just coming into the country, an internation

    ... [MORE]

    NBC’s Today Show Features AC scams

     

    NBC’s Today Show aired a story about the questionable ethics of air conditioning repair and service during the summer heat wave. Jeff Rosen revealed six out of six air conditioning repair companies charged customers for

    ... [MORE]

    What 10 Ingredients Make Up a Good Tenant?

     

    I found this article written by By John Nuzzolese on www.thelpa.com , but I had a few things to add to it. Although useful, sometimes these are characteristics you can’t see right off the bat! I’d suggest keeping your eyes open for a few extra things as well.

    1)      Be careful if they are in too much of a hurry.

    2)   &

    ... [MORE]

    Mortgage Rates for 30-Year U.S. Loans Fall to a Record-Low 3.78%

     

    U.S. mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold.

    The average rate for a 30-year fixed mortgage dropped to 3.78 percent in the week ended today from 3.79 percent, 

    ... [MORE]

    What the color of your front door says about you

     

     

    Changing the color of your front door is one of the quickest ways to spiff up your home's curb appeal. And, according to the Paint Quality Institute, the color you choose tells visitors a lot about you, even before they the ring the door

    ... [MORE]

    The CMA

     

    The CMA is used daily in our real estate world. Whether working with investors and researching the would be rentals to find out what sort of income can be made or simply searching for a seller to find out what the expected price is of the home the CMA tool is invaluable. Agents use this when working with sellers to determine a listing price or with buyers to check value before offers to purchase, real estate agents do what is known as a comparative market analysis, or CMA.

    ... [MORE]

    Stunned Home Buyers Find the Bidding Wars Are Back

     

    I read this article in the Wall Street Journal and found it fascinating. I have been seeing bidding wars alive and well in my day to day business, but this article arranged and organized it all out for me on print and I found it very helpful!

    A new development is catching home buyers off guard a

    ... [MORE]

    ROOF REPLACEMENT

     

    There are a few obvious reasons you might want to consider a roof replacement, but there are some other telltale signs that may be letting you know your roof needs a freshen up or a tear off.

    Sun patches and water puddles are the first obvious signs it’s time for a new tent topper, however, there may be a few additional signs that aren’t quite as obvious.

    Many times it will depend on the type of roof you have. Asphalt Shingles which seem t

    ... [MORE]

    HOW TO QUALIFY A TENANT FOR LEASE

     

    When you are checking out an prospective leasing tenant what are the best ways to look for a good candidate? Below are a few tips to look for when reviewing the leasing application.

                           

    A candidate tenant's application must not contain any false information.

    The candidate tenant must meet the requirement

    ... [MORE]

    Pool Startup Tips

     

     

    Every year around this time customers all over prepare to have their swimming pools opened for the season.  people sometim

    ... [MORE]

    Single-Use vs. Rechargeable

     

    I found this commentary on www.earth911.com. Although I personally like the idea of the rechargeable battery, and of course they are necessary for laptops, cell phones, etc…I’ll state that I find them to be difficult to use, I lose them, and they never seem to last very long when in the form of the AA. I love the idea of saving energy and waste, however, for me personally, they are

    ... [MORE]

    Emergency Checklist

     

    Everyone needs to have an emergency kit. Here is a great check list of ideas to add to yours. Keep a kit in the trunk of your car and also keep a kit inside your house near the door. Take the time to throw some important items together. Unless you have them at hand, they won’t do you any good!!! Here are just a few ideas!

    ... [MORE]

    Trimming Tips for Hedges

     

    Do you trim your own shrubs or do you have a gardener/landscaper do it?  I’ve trimmed them w/ the large scissor types, with electric trimmers, but I’ve always wondered if I’m doing it right. If you wonder too, then i have some simple tips for you. If those shrubs in the front of your house seem to be getting a bit too big for you, it might be time for a trim. If when you are trimming you leave giant holes in your bushes, this is the blog for you.

    ... [MORE]

    Warranty Deed Vs. Quit Claim Deed

     

    Today I wanted to talk about a title deed. With all the deals that are out there at rock bottom prices, advertised bank owned homes that are great deals, and properties changing hands quickly as investors flip or rent, it is important to understand two clear different ways to take on title. Title is the legal evidence to a right in something. In this case we ar

    ... [MORE]

    Choices of Flooring For Your Home

     

    There are many different choices of flooring to choose from and often times the climate and weather will determine which type of flooring fits your needs. There are also many benefits to each type of flooring.

    There are THREE types of flooring I’ve seen that are most common.

    1)    Hardwood. This is a floor that can be used throughout the entire house. No matter what room you are in, this material is pertinent. The least desirable

    ... [MORE]

    Leases and Early Termination Clauses

     

    One option you may have lease seekers ask you about is an early termination or buy-out clause in its lease. These clauses are especially useful if you may be transferring jobs, in the military, or just in a new roommate situation where you are not certain that all the roommates will get along for the entire term of the Lease. Remember, a lease is a binding contract, there is no thr

    ... [MORE]

    Low-ball Offers a Thing of the Past?

     

    I have been noticing that a LOT more of my deals are not only coming in closer to list price, but going over list! I saw this article and it caught my eye. The condos and homes in the same complex and subs seem to be selling for higher prices this year in 2012 in comparison to 2011. The article below I saw in the daily real estate news.

    Last year, 10 percent of REALTORS® complained about receiving low-ball offers on listed homes — offers usually submit

    ... [MORE]

    10 Tips to SAVE MORE Money!

     

    1.     Sell your clutter on eBay or Craigslist.

    Start on a weekend in your garage and closets. Take your camera phone and start taking pictures of all the items you want to sell. When you upload all the photos place the ads.  You’ll be surprised how much extra cash each week you can make as well as the space you will clear!

    2.     Cl

    ... [MORE]

    Top 10 Best Dog Breeds For Condo Living

     

    Assuming you live in an HOA friendly complex, here is a guide to some of the best dogs for small spaces. Despite these dogs' size and fragility, it is essential to schedule daily walks and play sessions to keep your dogs happy. By doing so, you will undoubtedly be able to mold your lovable fluff ball into the perfect canine-sized roommate you've always dreamed about!

    ... [MORE]

    A Few Do’s and Don’ts when Dealing with Death

     

    Death is something most all of us have had to deal with so far in our lives. If you haven’t you will. It’s a part of everything, but it’s never fun. Here are some tips to help you know what and what not to do when someone you know is dealing with death.


    1) Do say something…ALMOST Anything.

    You can say, “I’m sorry for your loss.” “just wanted to stop by to give my condolences.&r

    ... [MORE]

    Don’t Be a Nasty Neighbor!

     

    We all live SOMEWHERE. And most of us call where we live “home”. Most of us also have neighbors. Some of us love our neighbors. Some of us hate them,  however, wherever we go we are going to have to deal with people who are also calling a space close to us “home”.

    1. Mow your lawn!

    Seriously. Just mow it. It's not a protected wildlife area. If you can’t roll off the couch to do it your

    ... [MORE]

    What is an FHA 203K?

     

    Many of my new agents ask me what is the difference between a FHA loan, FHA 203k, and how or why would they want one. After explaining it, I decided to post it the most simple explanation I could find. This is from ehow.com. I find their explanations on most any topic  to be simple, inclusive, and easy to understand.

    History

    ·    &nbs

    ... [MORE]

    Trayvon Martin Death and the Neighborhood HOA

     

    The death of unarmed black teenager Trayvon Martin is all over the news! Many are waiting for this neighborhood watch killer to be put on trial. Some are also wondering if the HOA could have a civil suit against them regarding their rules and regulations.

    The HOA could be in trouble because it assigned Zimmerman the role of community watchman on the night of February 26 when he followed, shot and killed Martin. Even if Florida’s "stand-your-ground&quo

    ... [MORE]

    INSPECTING BEFORE YOUR INSPECTION

     

    Every good buyer knows that once you are truly interested in a home you need to a have a thorough inspection done. This important step can keep you from making a big mistake or on the opposite hand give you some peace of mind about your purchase.

    Did you know there are things you can look for, before an inspection, that can tell you about the house? It's true. Here are five things that all home buyers should be on the lookout for when viewing a home.

    ... [MORE]

    Where is REO Industry Heading in 2012 and Beyond?

     

    Since the housing crisis began in 2007, mortgage rates have currently dropped to all-time lows and home prices continue to bottom out in most markets. The big question still lingers on the mind of everyone in the industry: Are we on the road to a recovery or are there still gloomy days ahead?

    There are currently more than 1.7 million properties 90 or more days delinquent and about two million homes in the foreclosure pre-sale inventory, according to Lender Proce

    ... [MORE]

    Do You Have Tornado Insurance?

     

    With the seasons changing temperature, we are going to notice more tornadoes across the country. Tornadoes have already hit several towns this year in the Midwest. The answer to the question? If you have a homeowners insurance policy, yes, you have "tornado insurance."

    Homeowners insurance policies cover your home and its contents for wind damage, including damage caused by cyclones. You've just got to be sure your coverage limits are enough to ful

    ... [MORE]

    Mortgage Advice: What is an ARM?

     

    Many of you have never heard of an ARM. Many of you have been told to stay away from adjustable rate mortgages. They definitely have their benefits and they definitely have their downfalls.

    For those new to real estate, there are a hundred different terms to learn. It can be overwhelming, but if

    ... [MORE]

    Create Curb Appeal With Flowers

    Flowers are a low-cost way to add curb appeal to your home. They provide a positive first impression. And if you’re selling your house, they’ll entice prospective buyers to come inside and see more.

    If you want to make a small yard seem bigger, plant hot colors at the entryway and cool colors at the far end of your yard to create a living watercolor painting.

    • Take color cues from your house, paving or other blooming plants:You shou
    ... [MORE]

    Top 10 reasons to BUY!

    1. You can get a good deal. Especially if you play hardball. This is a buyer's market. Most of the other buyers have now vanished, as the tax credits on purchases have just expired. We're four to five years into the biggest housing bust in modern history. And prices have come down a long way– about 30% from their peak.

    2. Mortgages are cheap. You can get a 30-year loan for around 4.3%. What's not to like? These are the lowest ra

    ... [MORE]

    Black Mold Tips

     

    Have you ever wondered how to remove black mold from your home? Black mold removal is the process that you need to learn. If you allow people into your home, it is very important that you get rid of black mold. People can get sick from just entering your home and you may be up for fines and lawsuits if you do not do something about it. You can pay a company big bucks to do a mold remediation or you can follow these tips to do it yourself at home!

    Fort

    ... [MORE]

    Building your professional team.

     

    It’s not about what you know, it’s who you know. Having a great database of people will help you gain more business. Not only will these people refer you out as their realtor, but you will be able to be remembered as the “go to person”. This may not seem that important at first, but let me assure you once you are in the middle of a shaky deal you will be thankful you have a team in place. You will not succeed without a good team! Here are a few peop

    ... [MORE]

    Tax Ramifications of 2013

     

    As we begin 2012, all real estate investors need to pay very close attention to the ever changes with taxes coming up in the future.  Particular attention needs to be paid to the significant tax increases to occur in 2013.  

    Investors considering whether or not to sell now and pay their taxes must consider the tax implications. Real estate investors will have a much greater tax burden in 2013 than in 2012. Many may want to make the calculated decision

    ... [MORE]

    Does Your Spouse Refer Business to You?

     

    Does your spouse confidently and cheerfully refer you to everyone he knows who has a real estate need? Yes? Good for you!

    But if you answered "no," do you know why he or she doesn't? Neither do I. But I'm going to throw something out there that you are free to embrace or reject.

    Do you come home every night complaining about your real estate career? Do you cry about how awful the market is, or about how little training you're get

    ... [MORE]

    Top 10 Tips For Selecting Exterior Paint Color For Your Home

     

    A successful color scheme is a scheme that is pleasant to live with and reflects the moods and personalities of the people living in it. A few tips can help you find a right palette for your exteriors:

    1. When selecting exterior paint colors, take the fixed colors into account (like the roof, brick, stonework or any stained wood), and make sure all the colors look good together.

    2. Be kind to neighboring properties. C

    ... [MORE]

    Never to early to PLAN your garden

     

    It's still wishful thinking across much of the country, but the lure of budding trees and blooming flowers with warming temperatures has many pressing their noses against the window panes.

    The good news? It's never too early to start planning your garden.

    First, you must establish what "zone" you live in. Knowing your zone will tell you when to plant what. If the risk of freeze is over in your zone,

    ... [MORE]

    Canadian’s top place to buy? Florida!

     

    Who would have ever thought that the Canadian dollar could be stronger than ours?!  The strength of the Canadian dollar, sustained low pricing in the U.S. housing market, and perceptions regarding the general economic outlook continue to encourage Canadians to purchase a home in the Sunbelt states.


    Even for international buyers it’s location, location, location. Forty-three percent of those surveyed report a favorable location as their client

    ... [MORE]

    Romney v. Obama (and Santorum) on Business Tax Reform

     

    The one thing on which our political leaders seem to agree is the need for corporate tax reform. Barack Obama and Mitt Romney unveiled new proposals on the same day last month, with President Obama cutting the top corporate tax rate to 28% and Mr. Romney reducing it to 25%. Rick Santorum would cut the rate to 17.5%, and to zero for manufacturing. Congressional action is bubbling below the surface as well.

    ... [MORE]

    Spring Kitchen Cleaning Tips!

     

    It’s almost spring. Here are a few tips about tidying up your Kitchen!  

    The kitchen is an area that tends to get cluttered easily. Even if the countertops are cleared off, inside the cabinets often lies a cluttered mess. Star Hansen, a professional organizer on HGTV  says cans create the most clutter. She recommends using soup can racks to store them. They’re inexpensive and they store three times as many cans. Spice racks are a great way

    ... [MORE]

    Spring is Coming… Get the Pool Ready Safely!

     

    Great summer memories are made in the backyard pool. Everyone, no matter their age, can enjoy cooling off and taking a dip.
     
    Swimming is a great way to spend time together as a family and it's a perfect way to beat the heat. Precautions and care should be taken, however, to ensure all parties stay safe.
     
    First, be sure everyone knows how to swim. Most community recreation centers and YMCA's o
    ... [MORE]

    Rent-A Driveway

    Renting spaces from extra rooms to vacation properties with ocean views is a snap, thanks to the Internet classifieds such as Craigslist.

    Why shouldn't renting your driveway be just as easy? After all, finding somewhere to park is also about location, location, location.

    Not limited to single-family home driveways and garages, the site will list spots for anyone who has space to fill from churches and schools to small businesses and strip malls.

    Obviousl

    ... [MORE]

    Do it Yourself-- Tips on Tile

     

    Today's homeowners are short on cash. Many homeowners are choosing to do-it-themselves. Making improvements to your home can be a great way to add value, especially if you keep costs low.

    One popular projects today is tiling. Local home improvement stores offer weekend classes on how to tile. Check for the times available in your area. There are also a wide range of instructional videos available on YouTube that can steer you in the right direction. Sometime

    ... [MORE]

    Refi Rates Hit Rock Bottom

     

    With little economic activity released last week, the long lasting financial troubles in Greece have continued to be a major factor in worldwide markets, including ours. In times of trouble, investors prefer safe assets such as bonds which affect mortgage rate pricing. Because of this, low mortgage rates have remained consistent which has refinances on the increas

    ... [MORE]

    Moving with Fido? Tips for a Relaxing Relocation.

    If you have a pet, you usually love it. You want it to be happy and you hate it when it seems to be in pain. In some households they're our "children.&q

    ... [MORE]

    Cold Calls Freak You Out? Five Tips to make them Easier

    Do you dream of how much better your business could be but just can't bring yourself to pick up the phone?

    You're not alone. Here are 5 tips to make it easier.

    Tip 1: Change the name

    I'm not kidding. Do the words "cold calls" send a chill up your spine? It's no wonder. Whoever created that term didn't know what they were doing. So, change the term, because it's no

    ... [MORE]

    Top 10 Energy Saving Ideas

    Here are 10 ways you can save energy. Every little bit helps.

    1.    Buy earth-friendly cleaning products and laundry detergents: This used to be a tall order for budget-conscious households, but now there are a plethora of products on the market available for the same price as traditional cleaners. Some households take it one step further and harness the cheap cleaning power of baking soda, vinegar, and lemon.

    2.   Lights out: Turning

    ... [MORE]

    REO to Rental

    The Federal Housing Finance Agency announced the first step of a Real-Estate Owned (REO)

    ... [MORE]

    Mortgage Abuse Settlement

     

    Major news was released today regarding the banks, mortgages of the past, and the present homeowners who still have homes. U.S. states have reached a $25 billion deal with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.


    Federal and state officials announced the deal Thursday. It is the biggest settlement involving a single industry since a 1998 multistate tobacco deal.

    Un

    ... [MORE]

    Fannie Mae and Short Sales

    Five mortgage insurers have granted Fannie Mae mortgage servicers the authority to complete a short sale or deeds in lieu of foreclosure without getting their separate approval.

    Traditionally, mortgage insurance groups have had to give the OK before a short sale can be processed on a property with a guaranteed loan. Now, without that extra step, Fannie mortgage servicers may be able to speed up short sale approvals on Fannie-backed loans.

    The PMI Group, whi

    ... [MORE]

    FHA and Condos Don't MIx

    Buying a condominium is getting more difficult for anyone who wants to put down only 3.5 percent and have the government insure their mortgage. The issue isn’t just the borrower’s financial qualifications. It’s the building’s, and plenty of condos no longer get a thumbs-up from the Federal Housing Administration.

    Since Feb. 1, 2010, condo buyers haven’t been able to secure unit-by-unit “spot” approval for FHA-backed mortgages if an entire

    ... [MORE]

    Agent Roles

    Real Estate can be confusing for sellers and/or buyers. As a client, you may hear there are different types of agents and have no clue what this means.  This can make it more confusing sometimes than just the basic home buying process.  Let me explain it in easy terms…..In every transaction there is 2 sides to the deal. 

     

    The first part in a real estate is the listing.  A client hires an agent to list the property on the market, this is

    ... [MORE]

    New Agents-- What do I do after my offer is accepted?

     

    Step 1: Contract Acceptance

    Step 2: If this is not a cash sale or if not already started yet -- Loan Application and Income/Employment Verification - Most buyers have started this process before looking for a home and if you were pre-qualified much of this work is complete.

    Step 3: Inspections – Did you want an inspection in the P.A.?

    Step 4: Escrow Opens - Selecting a title company is most often done by the sellers and the selling ag

    ... [MORE]

    Tips for Painting your home!

     

     
    Here are some helpful hints to get your interior paint job done quickly and efficiently. I just got done painting 2 houses and these were the things that stood out!
     
    1) Avoid Cheap Roller Covers and Brushes

    Cheap roller covers leave fuzz on the wall. Cheap brushes leave streaky brush marks. Avoid those multi-packs of rollers, ten for a dollar. Pay the extra few cents and get bett

    ... [MORE]

    Selling your home during the holidays!

     

    The holidays are coming and they bring so many good things-- Food, Family, and Festivities. Often however, the holidays are considered the worst time to put your home on the market. Do not let this dampen your holiday spirit. The season does have its advantages. Holiday buyers may be more serious and there is less competition.

    If you have decided to commit to the sale, I have a few tips that may help your home sell quicker!

    ... [MORE]

    Michigan's Foreclosure Timeline

     

    FORECLOSURE TIMELINE:
     

    ... [MORE]

    We can help you out Should you Decide to do a Tax Appeal!

    Short Sales worth your Effort?

    Check this out. Short sales can be a long, tedious process, however, they can also prove to be profitable in the end. Get enough started in your pipeline and when they start to close one by one by one, you'll thank yourself.

    http://reinvestingservices.com/2010/02/is-that-short-sale-worth-your-effort/

    WSJ Market Update

     

    The Market will always change-- we must be resilient enough to change with the market!

    http://www.marketwatch.com/story/real-estate-news-housing-bubble-continues-to-haunt-fed-2011-04-05#

     

    re·sil·ient

    ... [MORE]

    Smaller Motor better Performance

    This Article talks about how Detroit has changed in the last few years. it's very interesting to watch our city evolve and see where we are headed!

    Life in Motor City: Detroit Getting Smaller ... but Better

    http://www.walletpop.com/2011/04/04/life-in-motor-city-detroit-getting-smaller-but-better/