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Real Estate

Commentary: What is ‘actual cash value?’

Focus on Insurance Every homeowner’s and business owner’s policy of insurance issued in Michigan provides that the insurer shall make payment of a property loss based on the “actual cash value” of the property. Some policies have defined actual cash ...

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UPDATED: Venga Ventures quits the flexible-use market  (access required)

In 2008, Meridian-based Venga Ventures entered the commercial real estate market with a splash. It offered up its own, creative version of executive office suites in a 16,000-square-foot building that was a temple to green building and sustainable use of ...

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Report shows home buyers’ negotiating power gains

Home buyers in much of the United States paid thousands of dollars below asking prices in December and for the first time in 11 months gained negotiating power, real estate website Zillow.com said. According to December Zillow Real Estate Market ...

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D.R. Horton posts profit for Q1

D.R. Horton posted its first quarterly profit in three years Tuesday and predicted it would stay in the black at least through the first half of this year. Homebuilders have seen orders improve in recent months due to low mortgage ...

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