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RealT can’t pay its bills. Tenants and investors could be left holding the bag.
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Michigan House Speaker Matt Hall says he will soon roll out plans soon to reduce real estate and property taxes without cutting funds for schools and local governments.
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A Florida-based real estate startup made a pitch to foreign investors: For as little as $50, anyone with a crypto wallet could buy into a portfolio of 39 homes on Detroit’s eastside.
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A recent National Association of Realtors report finds the gap between Black and white homeownership in Michigan is 31%, and single women are a growing portion of homebuyers.
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Today, the detrimental impact of tariffs on cross-border trade and supply chains. Then, how an out-of-state firm is using cryptocurrency to sell Detroit real estate. Plus, what can the world's richest man do with government agencies?
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A recap of Governor Whitmer's State of the State address, Jim Harbaugh's exit from Michigan Football, details on houses of worship going solar, and a deeper look into how flooding data is used.
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Foreclosures nationally were up 10% in 2023, according to a report from real estate date firm Attom. Michigan was 13th in foreclosure rate.
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The Michigan Public Policy survey polled over a thousand local cities, counties, villages and townships. They found that only 27% of them felt they had enough affordable housing.
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The federal government reported that the inflation rate for housing spiked to its highest rate since 1982 from September 2021-22. The U.S. Bureau of Labor Statistics says the inflation rate for the broad category of “shelter” is now 6.6%. Experts say that’s reflected in Michigan's major housing markets.
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“You’re seeing year over year seller gains drop in Lansing(-7.8%), in Kalamazoo (-7.2%)and in Ann Arbor (-6.1%) at rates that are similar to what we’re seeing nationally,” said Rick Sharga, executive vice president of market intelligence at ATTOM.