Congrats to my wonderful #clients Mr & Mrs Nowakowski on #closing on thier new #home yesterday!

#realtor #century21 #realestate #entrepreneur #LehighValley #Bethlehem #dreamhome #house #homebuyer #newhome #lehighvalleyhomes #investment #happyclients #topagent #business #buyrealestate #photooftheday #SOLD #Pennsylvania

The most amazing sunset at #South Beach. There’s nothing like a beautiful sunset to end a healthy day.
Miami today is going through a cultural Renaissance. Bless organizations like the Knight Foundation that pour millions of dollars (money built off the Miami Herald empire) into our arts and cultural communities. Thank goodness we have Art Basel, the Miami Book Fair, the Miami Film Festival, Second Saturdays in Wynwood, Third Fridays in Little Haiti, the New World Symphony, the Arsht Center and so much more we didn’t have 20 years ago. Plus, we’re building a huge museum-complex downtown, similar to Chicago’s Museum Park. We’re building multi-billion dollar convention centers on the beach and downtown. We’re growing into our identity. Miami is a relatively young baby, culturally. —————————————————————————-
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My team and I are here to help you find the best properties in Miami and Miami Beach has to offer: —————————————————————————-
- Miami’s Most Expensive Condo and Homes - Time to make the first and best offer by looking at this exclusive view of Miami and Miami Beach has to offer @Adibspoke —————————————————————————-
#realtor #realestate #adizilberberg #mdlmia #milliondollarlisting #investment #realestate #miamibeach #miamiliving #luxuryhomes #versace #armani #residences #realestateagent #realestatebroker #realestateinvestor #realestateinvesting #luxuryrealestate #mansionhouse #mansionlife #luxuryhome #icinsouthbeach #iconsouthoffifth #iconmiamiYet there’s so much going on…pic taken by @robe100 (at Miami Beach, Florida)


The 15300 block of Linnhurst Street (between Hayes and Brock) is the site of heavy demolition activity these days — eight demolitions have been recorded via Motor City Mapping on the block as of last November.

In an environment that can be suspect of the intentions of demolition activity, demolition activity like this may provide evidence of a data driven policy from the City of Detroit focused on keeping Detroiters in the city. Here’s how you can tell.

Hayes Street serves as a stark dividing line in the Burbank neighborhood where the 15300 block of Linnhurst Street sits. To the west, the neighborhood is perhaps the site of the most dramatic neighborhood collapse in the city.

As you can see in the map above, few structures remain west of Hayes Street (white spaces between parcels are largely evidence of demolitions in years past) and nearly 50% of those still standing are vacant. The deterioration of this neighborhood can’t be overstated. Formerly the most violent area of Detroit, crime rates have been dropping (and touted in the media) but that’s largely because people have left in such high numbers.

To the east of Hayes, we see the neighborhood containing the 15300 block of Linnhurst. At a glance, it looks much more stable — high density housing, and largely occupied. Vacancy does appear to be creeping in towards the north of the area, however.

So how can one tell that the profound collapse to the west is bound to infect the seemingly more stable area east of Hayes?

The answer, as ever, as always: Tax foreclosure. Take a look at West Burbank’s tax foreclosure numbers above.

As you can see, of ~3,900 properties in the area, over 1,600 are listed as “Tax Exempt” while another 1,400 are in various stages of tax foreclosure. That means 3,000 of 3,900 properties in West Burbank are affected by tax foreclosure — 77%.

The 1,600 that are tax exempt are properties that went to the foreclosure auction and failed to sell to anyone for $500 a piece — they are now owned by the City of Detroit.

Imagine what it takes for a neighborhood to be so afflicted, so severely deteriorated, that, at $500 per property, investors, speculators, heck, anyone at all, says “No thanks” to 40% of the properties in the area. That’s what happened in West Burbank.

Now, look to East Burbank, across Hayes, where 15300 Linnhurst sits.

What you’re seeing is a neighborhood at an early stage in the tax foreclosure pipeline. It has not reached the devastation of West Burbank, but, absent intervention, it’s on the way.

Foreclosure numbers here are still very high — 60% of properties are affected by tax foreclosure — but only 10% have gone unsold in foreclosure auctions (89 of 938 properties) — the worst fate a property can encounter.

If you’re performing demolition in this area — far from downtown, adjacent to one of the city’s most distressed neighborhoods — you’re doing it for one reason: To give people a reason to pay their taxes, and stay in their homes.

There’s simply no other reason to bother with demolition out there. The real estate value isn’t high, there’s no strategic value to the area… It’s for the people in the neighborhood.

The theory is predicated on work done in Cleveland that showed that spending money on demolition will actually encourage people adjacent to the demolished property to start paying their mortgages again. This is the work that unlocked hundreds of millions of Hardest Hit Fund dollars for demolition activity in Michigan.

Far from any notion of 1950’s era strategic “blighting” this is precisely how demolition should be pursued. There are still systemic issues underlying all of this that cannot be addressed by demolition, of course. First among them is taking on tax foreclosure itself — absent that you’ll just be demolishing forever because foreclosure is the engine that produces most of the city’s vacancy.

But where demolition is going to be employed as an option in the toolkit, this is how it should be used.

#Repost @mikeveegee with @repostapp.
When is enough going to be enough? When are you going to stop letting your skepticism, laziness, or lack of knowledge get in the way of what you truly want out of life? Every successful person I’ve followed this past year all had one thing in common. They snapped. They had a defining moment. They decided that they didn’t care how hard they were going to have to work, or how long it was going to take; they were going to do it. In a few days a lot of resolutions will be made for New Years. Is this going to just be another year for you? Or is it going to be the year that changes everything for you? Your defining moment is waiting on you. #BeGreat #stocks #binary #business #advice #success #ypr #wun #entrepreneur #rich #quotes #income #invest #instagood #investment #legacy #job #mlm #money #marketing #motivation #foodforthought #trading

Managing Our Time and Distractions

Managing Our Time and Distractions

The internet is an amazing invention born out of the minds of millions of people. It’s an pattern of our collective minds. When I was a Large Scale Information Space Research Engineer, we found the internet is strewn with all kinds of off topic information intended to draw us to websites. In creating a topically constrained information space for Harley Davidson, we found it interlaced with…

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Frost Title Art Mugs

Frost Title Art Mugs

If you want to support author Chelsea Clemmons, but you’re not comfortable investing directly to her campaign on JukePop Serials, this could be an option for you. A mug showcasing the title art is available for $15 HERE.

You must make a $5 deposit when ordering, and the other $10 will go through after the campaign is over. Ten percent of the profits will go to the artist, Kaytalin Platt, and the…

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Last year, the stealth startup Magic Leap rasied close to US$ 550 MLN in a round of financing led by Google. But nobody really knows what they are building! They have begun filing patents, which give a better look.

You can find all the patent images here, but from the looks of it it’s all Augmented Reality-type technology that could be promising seeing the visuals on their website!

Let the magic happen

Though this old-timey postcard professes to show an Electrified Velociraptor Paddock in the Queen’s Park section of old St. Louis, the long-promised velociraptors never turned up, and the structure was eventually converted into an aviary.

A lover of dinosaurs and a major financial contributor to the venture, Baby Gruenwald took a big hit on the failed project, and learned a valuable lesson, from then on only investing with his head, not his heart - or other organs not involved with the thought process.

Sub:Current year market will remain stagnant رواں سال مارکیٹ جمود کا شکار رہے گی, اقتصادی ماہرین

Sub:Current year market will remain stagnant رواں سال مارکیٹ جمود کا شکار رہے گی, اقتصادی ماہرین

اسلام آباد : اقتصادی ماہرین نے کہا ہے کہ رواں سال مارکیٹ جمود کا شکار رہے گی ا س کی وجہ سرمایہ کاری کا وسیع پیمانے دبئی کو منتقل ہونا ہے۔ میڈیا رپورٹ کے مطابق یہ سال تمام بڑے رئیل اسٹیٹ مارکیٹس کے لئے درستگی کا مرحلہ ثابت ہو گا۔ پاکستان سے دبئی کو سرمایہ کاری کی منتقلی بھی جاری رہنے کا امکان ہے کیونکہ پاکستانی سرمایہ کار گزشتہ سال دوسرے نمبر پر رہے اور انہوں نے متحدہ عرب امارات کی مارکیٹ میں 2.06…

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Speaking about the strong fundamentals of Pakistan’s stocks, he said, with 31% returns in dollar terms Pakistan led the world markets in 2014. “What is important is that the stocks in Pakistan are still very cheap compared to the markets in the industrialised world and they are performing better than many markets in terms of returns,” he added.

“I am surprised to see low number of investors in the bourses of Pakistan. This must change considering the strong fundamentals of Pakistani stocks.” (David M Darst- Morgan Stanley Chief Investment Strategist)

براہ راست عالمی غیر ملکی سرمایہ کاری کی شرح میں 8 فیصد کمی

براہ راست عالمی غیر ملکی سرمایہ کاری کی شرح میں 8 فیصد کمی

اسلام آباد : یو نائیٹڈ نیشنز کانفرنس آن ٹریڈ اینڈ ڈویلپمنٹ (یو این سی ٹی اے ڈی ) کی تازہ ترین رپورٹ کے مطابق سال 2014ءکے دوران براہ راست عالمی غیر ملکی سرمایہ کاری کی شرح میں 8 فیصد کمی واقع ہوئی ہے اور بین الاقوامی سطح پر دوران سال ایک کھرب 26ارب ڈالر کی سرمایہ کاری کی گئی ۔ رپورٹ کے مطابق براہ راست بین الاقوامی سرمایہ کاری کے رجحان میں کمی کے اسباب میں بین الاقوامی معیشت کے اتار چڑھاﺅ غیرواضح…

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[NEWS] 150116 Kim Jaejoong reported to have purchased a building worth $7 million USD

It has been reported by Sports Seoul on January 15 that Jaejoong purchased a building in Seocho-dong, Seoul near the Nambu Terminal for 7.5 billion KRW (~ 7 million USD)! The building’s land is 143.84 pyong (~ 5,000 sq. ft.) wide with a total ground area of 534.42 pyong (~ 19,000 sq. ft.), one underground garage level, and seven above ground floors, including 1-2 floors for eating and 3-6 floors of offices.

Jaejoong received a loan of 4 billion KRW (~ 3.7 million USD) to purchase the building, paying the rest in 3.3 million USD cash. The monthly rental income is 35 million KRW (~ 32,000 USD).

An expert in corporate buildings Kim Yoon Soo stated, “The building Jaejoong purchased beats the buildings in Gangnam with a rental income ratio that is 5% higher than the average, so I think he bought this for the lease revenue.” He said that third class general residential areas had to have a 250% floor area ratio, but the building had an even higher one of 300%; additionally, there was a lot of parking space, so parts of the building could be used as office space, adding to the practicality of the building.

Credit: Allkpop
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