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Home remodeling is a first time opportunity for bitcoin investors to invest in real estate.Median home sales prices in Metro Detroit broke the $100,000 mark in May for the first time in at least four years as suburban real estate continued to regain value lost in last decade’s crash, according to data released Monday. The new figures from Realcomp, a Metro Detroit-based multiple listing service, utilized by Real Home's Remodeling, showed May prices in the four-county region of Wayne, Oakland, Macomb and Livingston jumping 40% year-over-year to a $111,000 median sales price. These levels are 70% higher than May 2011 sales prices, as well as 233% and 345% higher, respectively, from the month’s 2010 and 2009 prices. The driving force behind the sales price recovery — in high gear since the fall — is the still-dwindling supply of desirable houses and condos on the market in southeast Michigan. While there are still plenty of vacant houses in the region, particularly in Detroit where the $11,100 median sales price is cheaper than many used cars, there are fewer move-in-ready suburban homes for middle-income buyers. The number of sales of foreclosed homes was down 30% in the metro area from a year ago. The number of listings we received was a little bit higher this year than last year, and yet the inventory is so much less than it was last year because they’re selling so quickly.
 

ABOUT HOME REMODELING

Home Remodeling is a virtual investment division of the already operating real estate remodeling business owned by David N. Biafore. With the office for Real Home Remodeling located in Harrison Twp.

 

Investor Returns.

Upon the sale of the first 100,000 shares the first home will be purchased for no more than $35,000, or 388 BTC. The remaining $15,000 or 166 BTC, will be used for remodeling. This investment fund, through Real Home's Remodeling would be used to purchase home's in cash offers, remodel them (less than 1 month), then listing/selling them immediately upon completion.The profits from the house will be split 70/30 with 70% of profits going directly to shareholders, and 30% back into a initial investment fund. Dividends would be paid within 2 weeks of the initial sale of the house. Homes Remodeling is looking to raise 555 BTC, or $50,000. To accomplish this 100,000 shares will be issued at 0.0055 BTC.

BITCOIN INVESTOR'S MEET REAL ESTATE INVESTMENTS
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