In Detroit’s multifamily market, some investors are deliberately acquiring properties that produce no monthly income – and consider them profitable. Larry Gotcher, a real estate prof...
Grand Rapids, Michigan
Real Estate News
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A single number has dominated commercial real estate analysis for decades: the capitalization rate. Calculated by dividing a property’s net operating income by its purchase price, cap ...


When life forces a quick home sale, the difference between a rushed deal and a well-handled one can come down to good guidance. That is the view of Tennitia Wilson, broker-owner of Cosmopoli...


If you are shopping for a home in Michigan right now, you are probably watching mortgage rates. But veteran observers in the Lansing and Grand Rapids markets argue that a different number on...


Michigan has long marketed itself on affordability, and for good reason. Home prices across the Lansing and Grand Rapids markets remain well below national averages, drawing first-time buyer...


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