Topic
All property stories from Detroit.
A growing number of Detroit-area buyers are separating where they live from where they invest — and the city's split-personality market makes that math unusually compelling.
As bidding wars return to Midtown and Indian Village, the share of homes selling under the hammer is becoming one of the sharpest gauges of where Detroit prices are headed next.
Lake St. Clair frontage, median sale prices pushing past $600,000, and a sub-30-day average days-on-market have turned this quiet enclave into southeast Michigan's most watched zip code.
The city's red-hot single-family market has left condos trailing, reshaping investment strategies and homebuyer choices.
With lakefront median prices up nearly 18 percent since January and inventory shrinking fast, the 'Nautical Mile' suburb is drawing serious attention from investors and first-time buyers alike.
Detroit renters are being squeezed harder than the old income threshold suggests, and the math is starting to break down across the city.
As prices rise for both renters and buyers, a fresh crop of purpose-built rental communities aims to provide stability, amenities—and competition to traditional landlords.
Affordability still draws newcomers to the Detroit market, but rising prices in once-cheap neighbourhoods are forcing first-timers to look harder and move quicker.
While Ferndale and Royal Oak grab the headlines, this 2.1-square-mile city is posting the metro's sharpest year-over-year price gains and pulling in buyers who got priced out everywhere else.
Competitive bidding wars from Corktown to East English Village are telling a story about Detroit's housing market that list prices alone can't capture.
Sky-high demand and stubbornly low inventory leave Motor City renters facing stiff competition and higher prices.
Home prices in Redford jumped 12% in a year—without losing its budget-friendly edge.
While Grosse Pointe grabs headlines and Birmingham commands eye-watering prices, Ferndale is quietly delivering blue-chip fundamentals at a fraction of the cost.
Days on market are creeping up across Wayne County and vendors are cutting asking prices more aggressively than at any point since 2020.
With vacancy rates near record lows and rents climbing faster than wages, tenants facing lease-end decisions in Detroit have fewer moves than they used to — but they're not without options.
As Detroit's rental market continues to grow, renters are facing tough decisions about affordability, with many paying more than 30% of their income on rent
With rental yields reaching up to 10%, this Detroit suburb is attracting investors from across the country
Buyers are recalibrating their timelines as Federal Reserve rate-cut expectations shift, and the effects are showing up from Indian Village to Grandmont-Rosedale.
Listings linger longer in Midtown, and price cuts are now routine across the Motor City.
Detroit renters are spending well past the old threshold, and the math of buying isn't adding up either.
The Daily Network — local news across Australia