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    • BUSINESS |
    • Real Estate
    • 2:53 PM, Apr. 24, 2014

    Gentrification fears grow in Cass Corridor as work starts on affordable apartments

    Detroit Few, if any, Cass Corridor residents have moved out of the gritty neighborhood due to rising rents even as gentrification fears grow, said the head of a non-profit that deals with affordable housing in the community.

    • 11:26 AM, Apr. 24, 2014
    • BUSINESS
    • Real Estate

    Average U.S. 30-year mortgage rate up to 4.33%

    Washington Average U.S. rates on fixed mortgages rose this week as the spring home-buying season has gotten off to a slow start.

    • 3:01 PM, Apr. 23, 2014
    • BUSINESS
    • Real Estate

    Detroit News, Free Press, DMP will occupy 6 floors in old Federal Reserve building

    Detroit The Detroit News, Free Press and Detroit Media Partnership plan to take up six floors in their proposed new home, the former Federal Reserve Bank at 160 W. Fort Street.

    • 10:19 PM, Apr. 23, 2014
    • BUSINESS
    • Real Estate

    Sales of new U.S. homes plunge 14.5% in March

    Washington The number of Americans buying new homes plummeted in March to the slowest pace in seven months, a sign that real estate's spring buying season is off to a weak start.

    • 11:20 AM, Apr. 22, 2014
    • BUSINESS
    • Real Estate

    Sales of U.S. existing homes slip to a 20-month low

    Washington Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.

    • 6:13 PM, Apr. 20, 2014
    • BUSINESS
    • Real Estate

    Mortgage rates slip amid tepid housing market

    Washington Average U.S. rates on fixed mortgages fell last week week for the second straight week as the spring home-buying season begins.

    • 10:20 AM, Apr. 17, 2014
    • BUSINESS
    • Real Estate

    Average U.S. 30-year mortgage rate falls to 4.27%

    Washington Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.

    • 8:39 AM, Apr. 16, 2014
    • BUSINESS
    • Real Estate

    U.S. home building up in March after frigid winter

    Washington U.S home construction rose in March to the highest level in three months as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction.

    • 10:08 AM, Apr. 15, 2014
    • BUSINESS
    • Real Estate

    U.S. homebuilder confidence edges up in April

    Washington U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, reflecting the impact of tight credit for home buyers and a shortage of workers and land.

    • 9:02 PM, Apr. 13, 2014
    • BUSINESS
    • Real Estate

    Weigh options to pay mortgage early

    A standard, fully amortizing mortgage pays off the balance over the term. With a 30-year term, this requires 360 monthly payments, while a 15-year term requires 180 payments.

    • 10:18 AM, Apr. 10, 2014
    • BUSINESS
    • Real Estate

    Average U.S. 30-year mortgage rate down to 4.34 pct.

    Washington Average U.S. rates on fixed mortgages declined this week, edging closer to historically low levels as the spring home-buying season begins.

    • 6:28 PM, Apr. 6, 2014
    • BUSINESS
    • Real Estate

    Average 30-year mortgage rate keeps rising at incremental pace

    Washington Average U.S. rates on fixed mortgages rose slightly last week but remained near historically low levels.

    • 8:07 PM, Apr. 3, 2014
    • BUSINESS
    • Real Estate

    Dan Gilbert: Detroit blight survey may not be 'dramatically different' than previous counts

    The effort to survey all 380,217 parcels in Detroit to figure how much blight plagues the city has not come up with 'dramatically different' numbers from previous efforts to quantify the pervasive problem, said one of the co-chairs of the Detroit Blight Task Force.

    • 10:20 AM, Apr. 3, 2014
    • BUSINESS
    • Real Estate

    Average U.S. 30-year mortgage rate rises to 4.41%

    Washington Average U.S. rates on fixed mortgages rose slightly this week but remained near historically low levels.

    • 9:13 PM, Apr. 2, 2014
    • BUSINESS
    • Real Estate

    Gilbert announces Punch Bowl Social coming to downtown Detroit

    A retail concept combining the trends of craft cocktails, upscale comfort food and retro games is expected to open this fall on the ground floor of the new Z ...

    • 9:33 PM, Apr. 1, 2014
    • BUSINESS
    • Real Estate

    U.S. home prices rose in February despite weaker sales

    Washington U.S. home prices rose in February from a year earlier at a solid pace, suggesting that a tight supply of available homes is boosting prices ...

    • 5:54 PM, Mar. 30, 2014
    • BUSINESS
    • Real Estate

    Selling nicest home on the block may require varying the pitch

    Built on the eastern slope of Garret Mountain, the four-bedroom, 5,300-square-foot town house has giant windows that frame sweeping views of New Jersey and the ...

    • 5:58 PM, Mar. 30, 2014
    • BUSINESS
    • Real Estate

    Mortgage rate hits 4.4% in wake of Fed comments

    Washington Average U.S. rates on fixed mortgages rose last week in the wake of comments by Federal Reserve Chairman Janet Yellen suggesting that the Fed ...

    • 11:29 AM, Mar. 27, 2014
    • BUSINESS
    • Real Estate

    Average U.S. 30-year mortgage rate rises to 4.40%

    Washington Average U.S. rates on fixed mortgages rose this week in the wake of comments by Federal Reserve Chairman Janet Yellen suggesting that the Fed ...

    • 10:17 AM, Mar. 27, 2014
    • BUSINESS
    • Real Estate

    Contracts to buy U.S. homes fell in February

    Washington The number of Americans who signed contracts to buy homes fell for the eighth straight month in February, a sign of slow real estate sales over ...

    • 9:21 PM, Mar. 26, 2014
    • BUSINESS
    • Real Estate

    Developers unveil two downtown Detroit apartment proposals

    Two separate development plans to build up to 350 new apartments were unveiled Wednesday one atop a parking garage next to the Westin Book Cadillac and ...

    • 9:50 AM, Mar. 25, 2014
    • BUSINESS
    • Real Estate

    U.S. home prices dip in January for 3rd straight month

    Washington U.S. home prices dipped in January for the third straight month as cold weather, a limited supply of homes and higher mortgage rates lowered sales.

    • 10:13 AM, Mar. 25, 2014
    • BUSINESS
    • Real Estate

    Sales of new U.S. homes fell 3.3% in February

    Washington Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover ...

 
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