Michigan Football Incident in NCAA Division I, and The Michigan State Real Estate Investment Opportunities
It is football season, and all universities and colleges are striving to be the number one champion.
The Incident
University of Michigan
The University of Michigan is also known for its college football team – The Michigan Wolverines.
The Michigan football team plays at the NCAA Division I Football Bowl Subdivision (FBS) level.
Michigan State University
Michigan State University is also known for its college football team – The Michigan State Spartans, and they also play at the NCAA Division I Football Bowl Subdivision (FBS) level.
Both Michigan State University and the University of Michigan are part of the Big Ten Conference.
WHAT HAPPENED
On Saturday, October 29th, 2022, the Michigan Wolverines defeated the Michigan State Spartans 29 – 7.
After the NCAA football match, it was alleged that Michigan State players surrounded Michigan defensive back Ja’ Den McBurrows and threw punches and kicks at him.
Michigan football coach James ‘Jim’ Harbaugh has stated that two (2) players were assaulted.
The University of Michigan Police, the Michigan State University Police, and the Michigan Athletics and Michigan Football are investigating the postgame scuffle.
NCAA
The National Collegiate Athletic Association (NCAA) is a member-led organization that oversees championships and programs that benefit student-athletes in the United States of America (U.S.A.).
The NCAA members comprise schools from the United States (U.S.), Canada, and Puerto Rico.
NCAA Division I Football Bowl Subdivision (FBS)
The NCAA Division I Football Bowl Subdivision (FBS) is the highest level in the United States of America (U.S.A.) for college football.
Michigan State Real Estate Investment Opportunities
According to the article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, Michigan still has opportunities for real estate investors.
Michigan may be considered an affordable state in the United States of America (U.S.A.) for real estate investors as its median sale price is under US$257,000.
The top 5 Michigan real estate markets in 2022, according to the above article, are:
The City of Lansing (the capital of Michigan)
The City of Ann Arbor
The City of Holland
Bay City
Grand Rapids
The City of Lansing (the capital of Michigan)
Based on research, Lansing, Michigan, is considered a seller’s market as home prices are higher, and the homes are selling fast.
From September 2021 to September 2022, the median sale price increased by over 4%.
The number of homes for sale decreased by almost 3%, which means fewer homes are available, allowing higher prices to continue in the Lansing real estate market.
In August 2022, over 30% of homes were sold under the asking price; over 40% were sold over the asking price, and 20% were sold at the asking price.
The average time it took to sell homes increased by over 100% from September 2021 to September 2022, from 20 days to 42 days.
The article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, shows that the City of Lansing is the best overall real estate market for investors.
Further research suggests that Lansing, Michigan is a good market for real estate flippers and wholesale sellers.
The real estate market in Ann Arbor, Michigan, is competitive, as homes may receive multiple offers.
Ann Arbor, Michigan, real estate market is considered a seller’s market.
The average sale price for homes in the Ann Arbor real estate market increased by over 8% from last year to September 2022.
The median home sale price increased by 9%.
The number of homes for sale fell by over 3% from August 2022 to September 2022.
Just under 50% of homes were sold under the asking price; over 30% of homes were sold over the asking price, and 19% were sold at the asking price.
Over 60% of Ann Arbor homebuyers want to be in the Ann Arbor metropolitan area.
Less than 1% of the homebuyers in the United States of America (U.S.A.) searched to move to Ann Arbor, Michigan. Many of these homebuyers were from Los Angeles (L.A.) and San Jose in California, and Washington, D.C.
The article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, shows that the City of Ann Arbor is a good real estate market for vacation rental investors.
Further research suggests that Ann Arbor, Michigan is a good market for real estate flippers and wholesale sellers.
The City of Holland
Holland, Michigan, is considered a seller’s real estate market with its higher home sale prices, and homes are selling fast.
The median home sale price increased by over 16% from September 2021 to September 2022.
The number of homes for sale reduced by over 5% from August 2022 to September 2022.
Over 30% of homes were sold under the asking price; over 40% of homes were sold over the asking price, and 21% of homes were sold at the asking price.
Over 60% of homebuyers want to be in the Holland metropolitan area.
Less than 1% of homebuyers in the United States of America (U.S.A.) searched to move to Holland, Michigan. Many of these homebuyers were from Detroit and Lansing in Michigan and Chicago, Illinois.
The article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, shows that the City of Holland is a good real estate market for house-hacking investors.
House hacking is simply renting out part of your primary residence, like your basement, to generate income.
Further research suggests that Holland, Michigan is a good market for real estate flippers and wholesale sellers.
Bay City
Bay City, Michigan, is considered a seller’s real estate market with its higher home sale prices, and homes are selling fast.
The median sale price increased by over 14% from September 2021 to September 2022.
The number of homes for sale reduced by over 6% from August 2022 to September 2022.
Over 30% of homes were sold under the asking price; over 40% of homes were sold over the asking price, and 22% of homes were sold at the asking price.
According to the article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, Bay City is a good real estate market for investors who flip homes.
Further research suggests that Bay City, Michigan is a good real estate market for wholesale sellers.
Grand Rapids
Grand Rapids, Michigan, is considered a seller’s real estate market with its higher home sale prices, and homes are selling fast.
The median sale price increased by 13%.
The number of homes for sale increased by over 3% from August 2022 to September 2022.
30% of homes were sold under the asking price; over 50% of homes were sold over the asking price, and 19% of homes were sold at the asking price.
Over 60% of Grand Rapids homebuyers want to be in the Grand Rapids metropolitan area.
Under 1% of homebuyers in the United States of America (U.S.A.) searched to move to Grand Rapids, Michigan. Many of these homebuyers were from Detroit and Lansing in Michigan and Chicago, Illinois.
The article ‘Top 5 Best Real Estate Investment Markets in Michigan’ by Kristine Cameron on October 4, 2022, shows that the City of Grand Rapids is a good real estate market for landlord investors.
Further research suggests that Grand Rapids, Michigan is a good market for real estate flippers and wholesale sellers.
To discover more about money, health, lawn care, and gardening, you may click HERE.
Joint pain and muscle pain are not fun, so for quick relief and help with prevention naturally; you may click HERE.