Author: jaybuysdetroit

  By: Paul Esajin at Fortune Builder 1) The rely on technology. Millennials are living in a world that is ruled by technology. Answers to even the most obscure questions can be accessed in seconds with a few quick taps of the fingers. This is affecting the way millennials view the home buying process. Millennials are … Continued

          By: Leslie Heimer at HousingWire  FACT: Nearly half of Millennials (now between the ages of 20 and 37) live in suburbs. FACT: New Home Inventory is low… very low. However, builders are trying to find a way to increase construction of new, entry-level homes to accommodate the growing need. This is good news as … Continued

          By: Arren Kimbel-Sannit at  The Seattle Times  Millennials are buying homes. Never mind the punditry that the plastic straw-hating snowflakes are stuck in overpriced apartments because they keep opening their wallets for $7 avocado toast. They made up 34 percent of American homebuyers in 2017, more than any other age … Continued

          By:Matthew Smith  at WXYZ The hottest zip codes list has been released by Realtor.com and once again, a Michigan city makes the top-10. Kensington, on the west side of the state, received the top overall rate. That said, metro Detroit has it’s own areas that are starting to heat up and inch … Continued

            By: Annalise Frank at Crains Detroit  Home prices continue to rise in metro Detroit, but real estate agents aren’t seeing as many of the steep, less stable increases that had made some warry in previous months. The region’s median sale price for houses and condos in August rose 8 … Continued

By: Daniel Bukszpanat CNBC Micahel S. Williamson | The Washington Post | Getty Images There are many large homes in the Indian Village section of Detroit that are far more affordable than they would be in the major hot spots of the United States. The Detroit housing market faces changes as it tries to recover. … Continued

              By: Louise Bolger at Amisun It’s true that real estate transactions go more smoothly when homebuyers are paying with all cash. Closing times are shorter, and there is less stress for both buyers and sellers waiting for the inevitable shoe to drop. Loan applications take longer than expected, … Continued

      Are you still having trouble selling your home?  Do you need cash FAST?  Well allow JBD to assist. We offer instant cash solutions to overcome your hardships. We understand the difficulty of selling your home and the stress it may cause you.  Facing foreclosures? Covered in bills? Inherited an unwanted property? no … Continued

          By: Kim Russel at WXYZ Detroit    Real Estate experts at the national level are asking the question: Is the Detroit Housing market on the brink of a crisis? According to Forbes Magazine, the number of homes underwater in the city of Detroit has increased 1.6 percent over the last … Continued

          By: Lydia DePilis at CNN Money There’s a reason why Lee County became the foreclosure capital of the United States. Its two vast bedroom communities, Lehigh Acres and Cape Coral, were planned in the 1950s. Master developers drained the marshlands, laid the streets, dug canals, and plotted out quarter-acre lots so … Continued

        JayBuysDetroit is  a realty solutions company that offer cash solutions to families in need. We understand the obstacles families face, such as: foreclosure, divorce, bills or you simply need to sell your home fast. No matter the situation, we will assist you. We will provide a hassle free- guaranteed offer and … Continued

          From: CBS Detroit Detroit has been ranked as the worst real estate market in the nation in a new WalletHub study. With home values rising by an average of more than $16,000 in the first quarter of 2018 but affordability dropping as mortgage rates get higher, the personal-finance website WalletHub released its report on … Continued

              By:  Richard Feloni and Samantha Lee at Business Insider Gilbert moved Quicken Loans, now the largest mortgage company in America, to downtown Detroit in 2010. It was a time when the city was struggling, and was three years shy of declaring bankruptcy. Gilbert grew up right outside of Detroit … Continued

  By: Steven Sigel at ReJournals   On June 18, hundreds gathered around the Michigan Central Depot, Detroit’s 500,000-square-foot decrepit former central train station. The building has served as a symbol of the city’s various ailments wrapped up in one gigantic piece of real estate: globalization, lack of opportunities, civic mismanagement. Yet, this time the … Continued