Rental Bubble Bursting? What Landlords Should Do to Combat Falling Ren
Tuesday, July 30
Source: Erik Mclean on Unslpash You might have caught wind of Redfin's latest report, titled, "The tide turns for renters," which noted a 2.1% drop in US median asking rent from last year. It's the biggest dip since February 2020, primarily fueled by the remote work boom and housing supply short...
Investor News: $3B Investment Coming to Detroit
Tuesday, July 30
Source: Austin Distel on Unsplash Exciting news is on the horizon for the Motor City, and it's not just about cars and music. Detroit's New Center area is poised for a transformative $3 billion collaborative development involving key players such as Henry Ford Health, the Detroit Pistons, and Mi...
Detroit is the Fastest-Appreciating Market in the US Right Now
Tuesday, July 23
Source: Vu Anh on UnsplashThe real estate forecast for 2024 isn't looking like sunshine and rainbows. The bubble finally popped, and property values across the US plummeted with a single caveat: Detroit. Instead, Detroit is making more than just a comeback. It's leading the pack as the fastest-a...
The 2024 NFL Draft and What it Means for Detroit
Tuesday, July 23
From April 25-27, Downtown Detroit was in the spotlight as the 2024 NFL Draft, presented by Bud Light, took center stage. We hit the streets to soak in the Draft Day festivities and captured it all on video: https://logicalpm.com/wp-content/uploads/2024/06/Detroit-Vid... Hopefully, you’ll catch ...
Why Rising Interest Rates = Higher Rents
Wednesday, June 19
Source: Alexander Grey on Unsplash Let's delve into the topic of rising interest rates, shall we? We're currently witnessing a financial landscape that hasn't been this tumultuous since the inflation peaks of the '80s. This shake-up, largely fueled by the aftermath of the COVID-19 pandemic, has...
Deep Dive into Detroit Neighborhoods: Brightmoor
Wednesday, June 12
Source: WDET NewsThe City of Detroit is a hotspot for rental property investors—with a combination of affordable homes below $100k and increasing demand for single-family homes in one area. However, while opportunities for solid cash flow are abundant, the city is also immensely diverse. There ar...