Housing affordability is Gen Z's top voting issue, Redfin survey finds
Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election.
Motor City sees major growth, now 5th leading metro for new Build-To-Rent homes
Across the country build-to-rent homes are having their most successful season on record. A new analysis from RentCafe shows the Detroit metro area nearly doubled its number of build-to-rent houses in just five years. This trend is great for those looking to invest, but it spells trouble for the average Joe.
Top Towns 2024: The best places to live in Metro Detroit
Choosing where you want to live can be a daunting task, whether you're looking to rent or buy, there are factors to consider like crime rates, safety, job market and reputation.
Housing prices in these states will become 'more affordable,’ Redfin CEO says
The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.
Hudson's site construction hits milestone with final beam installed, name announced
The skyscraper will be the second tallest building in Detroit.
Wayne County resumes foreclosures April 1 on properties with delinquent taxes
Not since the pandemic has Wayne County foreclosed on a home with delinquent property taxes. That's about to change for those who don't have a payment plan in place.
Housing benefits could lure employees back to office, survey shows
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Time to sell your home? Here are 3 questions to ask yourself
As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision.
Rent prices are changing thanks to 'apartment-building boom' – what renters should expect
Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.
Detroit nonprofit housing director stole over 30 properties in 'deed fraud' scheme, feds say
The 60-year-old head of the United Community Housing Coalition's homeownership program used an elaborate scheme to steal properties from primarily low-income residents, the U.S. Attorney's Office said.
Zillow program helps renters with credit-building payment reporting
Zillow's new building payment reporting means renters using Zillow to pay their rent can opt in to have their payments reported to a credit bureau at no cost.
Housing is expensive for a record half of American renters, study shows
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
Detroit home values rise 23% in 2023, adding $1.7 billion in wealth to city's homeowners
When property values go up, so do taxes. But with such a spike in the value of homes in Detroit, can residents expect the same increase in taxes?
Troy Place apartment residents told to vacate due to unsafe conditions in building
The city said several issues at the complex had led to it posting a "Do Not Occupy" note on the building, which has 147 units.
Detroit named fastest-appreciating housing market, report says
Detroit saw a 9.2% increase – beating out Miami as the fastest-appreciating housing market in a metro area, according to property analytics firm CoreLogic.
Detroit's basement protection program aims to help 2,000 homes in 11 neighborhoods
Basement backups are a persistent problem in Detroit, which lead to property damage and health issues. The program fully pays for repairs to sewer lines and backwater valve installations in eligible homes.
Detroit family stranded without heat during holidays
"Me and my family, we just trying to seek help. We don’t have no hot water. No heat," the Detroit father said.
3 revitalization projects in Corktown to provide affordable housing, benefit local economy
As part of the Choice Neighborhoods housing grant program, these initiatives aim to ensure that housing remains affordable in Corktown while introducing new, reasonably priced options across the neighborhood.
Mt. Clemens woman displaced by house explosion now living in apartment riddled with problems
It's been a nightmare year for Joanie Dickerson, who moved into an apartment after a house explosion damaged her townhouse. Her current residence has a broken kitchen that's missing a wall.
Highland Park home restoration project gets its own TV segment
A restoration project is unfolding block by block in Highland Park. But the restored French doors and ornate sconces that now decorate the once vacant home only tell part of the story.