Study says metro Detroit has the most overvalued housing market in US

Researchers at two Florida universities conducted a study to determined the most and least overvalued housing markets in the U.S. – metro Detroit ranked at the very top.

Round 2 of Detroit's Down Payment Assistance Program now underway

Detroit's Down Payment Assistance Program has helped many families own homes for the first time. And now, applications for round two are open.

Detroit Land Bank mistakenly orders tenants to move out

"It was done in error," according to a statement. "The DLBA will not be taking any action against the property or its occupants."

Bridge Loans - a housing market secret that helps buyers

The low inventory of available homes means potential buyers have to get creative if they plan to set themselves apart from the rest of the field. But newcomers to the market are likely not aware of some of the resources available to them.

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.

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.