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Current News about Marketplace Homes

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Marketplace Homes Expands in Weak Markets
January, 2012
Source: Builder Online
Its formula of offering lease payments for unsold existing homes translated into 543 sales for its preferred builder network.<br>&nbsp;<br>Top Seller: Joel Parrot, a solutions manager for Marketplace Homes, helped builders in Chicago...
Finding the perfect ally to help you sell your home
January, 2012
Source: Chicago Tribune
Like many homeowners, John Kennedy bought his Chicago condo when home prices were high. But when he got married and wanted a bigger place, selling his condo seemed out of the question because he owed more on his home than it was worth. The...
Acadia Homes & Neighborhoods Announces Partnership with Marketplace Homes
December, 2011
Source: Atlanta Real Esate Forum
Want to buy a new home but can't sell your old home? Purchase an Atlanta new home from Acadia Homes & Neighborhoods, and Marketplace Homes will take care of your old one. As a company that offers a long term lease program, Marketplace Homes...
Would You Like a Jet Ski With That House?
December, 2011
Source: Fox Business
Home sellers, real estate agents and builders recognize that pricing a home correctly is the main reason a property sells. But they also know that a creative or extravagant incentive can be the best way to get more prospective buyers to see a...
Detroit-Area Company Helps Buyers Break Free From Existing Homes
December, 2011
Source: Realty Plus
Two local homebuilders have partnered with a Midwestern company to entice hesitant customers off the fence and into new homes by offering to rent out their old residences. The program from Detroit-based Marketplace Homes helps overcome the major...
Industry Experts Predict 10 Residential Real Estate Trends for 2012
December, 2011
Source: Trib Local
After several difficult years for the industry, many in real estate are looking to 2012 with much anticipation. Will this year bring the return of the for-sale market, or will rentals reign? What features will emerge in home design, and how will...
Would You Like a Jet Ski With That House?
December, 2011
Source: HSH
Home sellers, real estate agents and builders recognize that pricing a home correctly is the main reason a property sells. But they also know that a creative or extravagant incentive can be the best way to get more prospective buyers to see a...
Marketplace Homes Guarantees Rent for New Home
September, 2011
Source: Fox Business
Video - Marketplace Homes Managing Partner Mike Kalis on the company's plan to get people to start buying new...
Housing Expert Sees a Return to Pricing Realism
September, 2011
Source: Chicago Tribune
Jeanine McShea has seen plenty of ups and downs in residential real estate since she began her career 25 years ago. McShea, who was @Properties' president of brokerage services, jumped ship late last month to become an executive vice president...
What This Year's Business Trends Forecast for 2012
August, 2011
Source: Philadelphia Business Journal
The Philadelphia Business Journal reports, "Two Philadelphia-area builders have signed up with a company that guarantees buyers of new homes that their old homes will be rented out if a buyer can not be found, phillyBurbs reports. Heritage...
Heritage Building, Orleans Sign With Marketplace Homes on 'bridge' Deals
August, 2011
Source: Philadelphia Business Journal
The Philadelphia Business Journal reports, "Two Philadelphia-area builders have signed up with a company that guarantees buyers of new homes that their old homes will be rented out if a buyer can not be found, phillyBurbs reports. Heritage...
Company Aims to Help Homeowners Sell Old, Buy New
August, 2011
Source: Philly Burbs
Two local homebuilders have partnered with a Midwestern company to entice hesitant customers off the fence and into new homes by offering to rent out their old residences. The program from Detroit-based Marketplace Homes helps overcome the...
How to Clear a Big Home Buying Hurdle
August, 2011
Source: Philadelphia Business Journal
Two Philadelphia-area builders have signed up with a company that guarantees buyers of new homes that their old homes will be rented out if a buyer can not be found, phillyBurbs reports.Heritage Building Group of Warwick and Orleans of Bensalem are...
Detroit Company Looks to Help Homeowners Sell in Middle Tenn.
August, 2011
Source: WKRN-TV Nashville
NASHVILLE, Tenn. %u2013 Homeowners looking to move have a new option in Middle Tennessee, and it doesn't involve selling their property right away. Detroit-based Marketplace Homes thinks it has found a way to stimulate the housing market by...
Marketplace Homes Could Help You Buy a New House
July, 2011
Source: FOX 2 Detroit News
NOVI, Mich. (WJBK) - "As soon as we moved in, the market kind of went down," said Jeffrey Steger. Like so many in Michigan, Jeffrey and Jennifer Steger felt stuck. With the housing crisis, their starter home in Livonia was likely going...
Marketplace Homes Offers Guaranteed Lease Program
June, 2011
Source: Know Atlanta
Thinking about moving to Atlanta, but are unsure about what to do with your old home? Marketplaces Homes is your solution to finding peace of mind. Based out of Novi, Mich., Marketplace Homes utilizes its Guaranteed Lease Program to ensure an...
Firm Gives 'Stuck' Homeowners a Hand Up
June, 2011
Source: Plymouth Observer
The housing bubble's burst left a boom market for home buyers. For sellers, however, not so much. Mike Kalis is trying to level that playing field. Kalis says his Plymouth-based Marketplace Homes can get customers with upside-down mortgages -...
Movin' On Up: Plymouth Company Helps Homeowners Buy Bigger and Better
May, 2011
Source: Plymouth Patch
Talk about getting a new lease on life. Quite literally. Picture this: You and your spouse are seeking a change, more specifically one that involves a larger home. You're adding to the family, you need more space, and your "starter"...
Michigan Celebrates Small Business Awards: Five Companies to Watch
April, 2011
Source: Crains Detroit
Shorts Brewing Co., Wixom Description: Craft beer makerCEO: Leah ShortFounded: 2003Full-time employees: 28 in 2010; 45 expected in 20112010 revenue: $3.4 million, up from $1.1 mil-lion in 2008. Projects $4.6 million this year. Beer flavors such as...
Detroit-Area Company Helps Buyers Break Free From Existing Homes
February, 2011
Source: Builder
A Michigan-based company that is capitalizing on the need to help home buyers to separate from their existing homes is looking this year to triple the number of markets in which it currently operates.Since 2003, Marketplace Homes in Plymouth,...
Builders Offer New Twist on Move-Up Incentive
February, 2011
Source: Nashville Post
Home builder Drees, which is marketing a dozen communities in Nashville's suburbs, has teamed up with Detroit-based Marketplace Homes to offer home buyers the option of leasing their previous home to the Michigan company for up to six years. In...
Drees Partners with Michigan Company On Home Leasing Program
February, 2011
Source: Nashville Post
Home builder Drees, which is marketing a dozen communities in Nashville's suburbs, has teamed up with Detroit-based Marketplace Homes to offer home buyers the option of leasing their previous home to the Michigan company for up to six years. In...
Home Company Offers Chance to Buy Now, Sell Later
February, 2011
Source: Nashville Business Journal
The depressed value of today's housing market is a double-edged sword: it's a great time to buy a house, but a lousy time to sell the one you're in. Michigan-based Marketplace Homes, which announced today an expansion into Nashville, claims to...
Homeowners Discover Way to Buy New Home Without Taking a Loss
January, 2011
Source: Daily Herald
Linda and Matt Serafini found themselves in a bind. The two-bedroom duplex they bought in Joliet three years ago had lost $73,000 in value, thanks to the difficult real estate market and overall economic downturn. Add to that a new baby daughter...
Home Builders Adopt Strategies to Adapt
December, 2010
Source: Kane County Chronicle
Even at the peak of the boom, Fred Didier never built a large number of homes. But amid the bust that now defines the housing market, Didier, owner of Didier Custom Homes of St. Charles, like many builders, has been forced to adapt to the new...
Rental Program Offers a New Lease of Life For Buildres
December, 2010
Source: Kane County Chronicle
Even at the peak of the boom, Fred Didier never built a large number of homes. But amid the bust that now defines the housing market, Didier, owner of Didier Custom Homes of St. Charles, like many builders, has been forced to adapt to the new...
Preconstruction Sale Under Way at The Preserves
December, 2010
Source: Chicago Tribune
Preconstruction sales and preview pricing are under way at The Preserves at McDonald Woods, a new residential development in Lindenhurst by William Ryan Homes. Located off Grand Avenue (Route 132) and Illinois Highway 45, The Preserves at...
Lennar Announces a Stategic Alliance With Marketplace Homes in Denver, Colorado
November, 2010
Source: PRLOG
Lennar, one of the nation's leading homebuilders, is helping get more prospective homebuyers into its brand new homes through its recent strategic alliance with Marketplace Homes in Denver, Colorado. Any prospective homebuyer that thinks they...
The Columbus Dispatch, Rent Option Latest Lure in Housing
October, 2010
Source: The Columbus Dispatch
A Detroit-area company has joined with a local homebuilder to offer a novel approach to selling houses. The company, Marketplace Homes, offers homeowners guaranteed rent for their current home if they buy a house from Westport Homes. Marketplace...
Builder Magazine, Own to Rent to Own
October, 2010
Source: Builder
Last year, Lombardo Homes of Washington, Mich., was among the few builders to report revenue and closings gains over the previous year. It cracked into the Builder 100 list in 2009, even though permits in Greater Detroit fell to 1,000, down from...
Marketplace Homes Named "Michigan Economic Bright Spot"
June, 2010
Source: Corp Magazine
The most recent issue of Corp! magazine, features the winners of its annual Michigan'sEconomic Bright Spots Awards, honoring the many Michigan businesses that are thriving and succeeding inthe state. The winners, comprised of 77 companies from...
Marketplace Homes Named as Finalist in American Business Awards(SM)
May, 2010
Source: PRNewswire
PLYMOUTH, Mich., May 17 /PRNewswire/ -- Marketplace Homes was named a Finalist today in the Most Innovative Company of the Year category in The 2010 American Business Awards. The American Business Awards are the nation's premier business awards...
Marketplace Homes 6 Year Guaranteed Lease Now Available Through One of the Nation's Largest...
March, 2010
Source: Forbes.com
Source: forbes.com Press Release Marketplace Homes 6 Year Guaranteed Lease Now Available Through One of the Nation's Largest... 03.30.10, 01:27 PM EDT PLYMOUTH, Mich., March 30 /PRNewswire/ --...
Lease It and Leave It - Rental Programs Help People Get Into New Homes
March, 2010
Source: Detroit Free Press
BY JUDY ROSEFREE PRESS SPECIAL WRITER The Slaughters had good jobs and good credit, but they also had the house they already owned. They knew the chance of a fast sale was slim.But today the couple lives in a handsome new four-bedroom,...
DBusiness, Marketplace Homes in the News
March, 2010
Source: Dbusiness
By R.J. King Michael Kalis plans to expand to 12 states by 2012. photograph by cybelle codish The residential real-estate market in metro Detroit and Michigan can be summed up fairly quickly: It's a great time to buy, a tough...
Crain's Detroit Business, Crain's 20 in Their 20's Mike Kalis April 2009
April, 2009
Source: Crain's Detroit Business
Why he lives in metro Detroit: "I didn't choose Detroit, Detroit chose me. With a thriving company, I simply couldn't leave for another city." Claim to fame: Helped start a new real estate business that's making money in the down...
Michigan Builders Endorse Marketplace Homes
December, 2008
Source: 1888 Press Release
Four metro Detroit area home builders in 50 new home communities are crediting the new "Lease Your Home "program offered by Marketplace Homes for additional 2008 new home sales. Buy or build a new home from one of these four builders...
Can't Sell? Why Not Trade, Instead?
August, 2008
Source: C and G News
Difficulties in selling a home in today's shaky economic climate have caused some homeowners to think outside of the box and into the past. Rather than offering incentives, such as plasma TVs, some homeowners are going back to the way...
Marketplace Homes Going into Chicago, Indianapolis
January, 2008
Source: Oakland Business Review
A business model born of the housing slowdown generated 40 new home sales in Metro Detroit in 2007, and now the format is moving two new markets: Indianapolis and Chicago. Birmingham-based MarketPlace Homes works with new home builders who...
Home-Sale Solution
April, 2007
Source: Detroit Free Press
Gerald and Arlene Zemke could see themselves enjoying the walking trails, tennis courts and swimming pool in Pulte Homes' Bridgewater development in Brownstown Township. There was just one problem: They needed to unload their home of eight...
Marketplace Homes Aims to Grow in Other States
March, 2006
Source: Detroit Free Press
Since Dick Chelten of Beverly Hills founded Marketplace Homes in 2002, only two of 70 deals have gone sour. The company: Founded in 2002, Marketplace Homes of Beverly Hills has a rent-to-buy financing program that lets people...
Avoiding Loss of Home Purpose of Business
September, 2005
Source: Observer Eccentric
The belief "bad things happen to good people" is what got Dick Chelten thinking how to give people in danger of losing their homes another chance. His company, Marketplace Homes, LLC, purchases "nice homes in nice...
Poor-Credit Buyers Can Get Dream Homes
February, 2005
Source: Detroit News
David Guralnick / The Detroit News Dick Chelten, left, the owner of Marketplace Homes, allows buyers with less-than-stellar credit, such as Darryl Perry, to pick out a home that is leased with an option to buy....
Company Offers Innovative Way for Buyers to Get a Home
March, 2004
Source: Crains Detroit Business Magazine
Potential home buyers who don't qualify for traditional financing are the targets of a new local company that offers a different twist on the rental home. Beverly Hills-based Marketplace Homes L.L.C. goes after the self-employed, those with...