home sales

Michigan house flippers were busy in first three months of 2015.In house flipping, homes are bought to be immediately turned around and sold again. About…

First-time home buyers in Michigan may have a harder time than people in other states finding down payment assistance.A study finds nationally 87% of…

DETROIT - Mayor Mike Duggan has released a plan to allow Detroit municipal workers, retirees and their families to pay half the price of their winning…

Fewer and fewer Michigan homeowners are seriously underwater on their mortgages. Realty Trac reports 10% of Michigan homeowners owe at least 25% more on…

2015 may be another slow growth year for Michigan’s housing industry.A few years ago, as home sales slowly started to recover from the depths of the Great…

A new report says a quarter of Michigan homeowners are underwater on their mortgages – and that’s a big improvement.Back in 2012, roughly half of Michigan…

Michigan’s home foreclosure crisis of a few years ago can still be felt by the state’s real estate industry.In February, 2011, 35.3% of the homes sold in…

LANSING – Michigan is helping provide lower interest rates to first-time homebuyers in eight cities.About 300 individual or families in Detroit, Grand…

The number of homes in Michigan in foreclosure has dropped to its lowest level since 2005.Foreclosure filings in Michigan have been steadily declining for…

Realty Trac is out with a report on home affordability.The report shows that rising home prices and interest rates are translating into higher monthly…