Michigan - Optimism or Pessimism

By
Real Estate Broker/Owner with Pangburn Properties, Inc.

I'm a firm believer of what comes around goes around and cyclical change is a good thing. 

As forecasts for Michigan continue to be dismal, one can only look for a greater, more prevalant optimistic future for this great State. 

Blocks of real estate can be purchased, in some districts, for pennies on the dollar.  Is this a good thing or is this a bad thing.  Revitalize, Renaissance, Tax Stimulous, Deferred Tax, Decreased Taxable Values, is this a good thing or is this a bad thing.  Optimism or Pessimism - The cup is half full or half empty?

This wonderful State, with all it's natural resources, fresh water lakes and hard working people, have and will continue to make, this State, not only one of the awe inspiring recreational locations in the Western Hemisphere but will continue to be a State with ingenuity, aspiration and insite for the rest of the Nation.  Tiresomely the people of this State endure the endless struggles, overcome those struggles and continue to be the shoulder for the rest of the nation to rely on.  If Michigan can handle it, so goes the Nation....

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Michigan
Tags:
michigan

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,118,540
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com
Eventually Michigan will turn around.  But for now it is a huge buyer's market.  Some banks are pricing homes very inexpensively.  You will be able to buy many homes for $100 a square foot in the metro Detroit area
Jan 11, 2008 12:58 PM #1
Rainer
133,400
Susan Trombley
Trombley Real Estate - Wake Forest, NC
Broker/Realtor, Raleigh, Cary, Wake Forest, Youngs
Kelly, I will hope for you. I do not mean to say this in a bad way. I just like facts. I know it is even hard to rent when you cannot even sell in some parts of MI. I just want everything to turn around and get moving with home sells.
Jan 11, 2008 01:21 PM #2
Rainer
3,424
Kelly Pangburn
Pangburn Properties, Inc. - Grant, MI
Associate Broker

Hey Russ, I've heard that some banks are not even going through with the Foreclosure process and letting the occupants stay in the home until the taxing authority takes the property back.  Is this true??

Jan 11, 2008 01:25 PM #3
Rainer
3,424
Kelly Pangburn
Pangburn Properties, Inc. - Grant, MI
Associate Broker
Hey Susan.  You know, Michigan has seen it's tough struggles, but sales are encouranging.  Buyers are looking diligently.  I'm working with 10 buyers right now.  Some have aweful credit, but some have cash, so, it's about normal as far as I can tell.  The difference is, INVENTORY & PRICES.  Lots more homes to choose from and much lower prices.  If you look at it in an economic view - the market is stimulated.
Jan 11, 2008 01:32 PM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
3,424

Kelly Pangburn

Associate Broker
Ask me a question
*
*
*
*
Spam prevention