DM³ Investments LLC

Residential Renewal Experts

· The Michigan economy has been gradually evolving from the “rust belt” manufacturing-based economy to an information and services-based economy. It has been showing consistent signs of renewal leading to predictions of reaching critical mass for an economic turnaround, recovery, and more.

· Buyers of bank-owned properties are at an advantage because of the information asymmetry regarding the property’s condition, the lack of an emotional attachment, and the desire to quickly dispose of the asset.

· The Metro Detroit area has recently seen significant decline in home values with projections calling for that trend to continue for the foreseeable future.

The Case for Distressed

· Residential real estate has an intrinsic value, impervious to market fluctuations, driven by emotional attachment and the need for shelter. There is inelastic market demand for housing.