Detroit Real Estate News
Real Estate news for Detroit, MI continually updated from thousands of sources.
Tuesday Dec 17 | via Crain's Detroit Business
Median home sale prices in Metro Detroit continued to improve in November, increasing by over 41 percent in November compared with a year ago, although total sales fell by nearly 8 percent. Comment?
Yesterday | via The Detroit News
Ally Financial Inc. agreed Friday to pay $98 million to settle claims that the Detroit-based lender discriminated against more than 235,000 minority auto buyers, marking the federal government's largest auto loan discrimination settlement in history. Comment?
Sunday Dec 1 | via Crain's Detroit Business
Detroit-based Andre's Carriage Tours LLC is offering horseless carriage rides through the city's streets after recently receiving approval that took nearly three years. Comment?
Thursday | via Mashable
As an Englishman who has visited and travelled through more than 25 U.S. states, I have always found that the best place to understand the belly of America is in one of its casinos - on a Monday morning. Comment?
Wednesday Dec 18 | via Hays Daily News
The latest news out of Detroit isn't good. To get its fresh start, this once great but now bankrupt city is going to stick it to municipal employees and retirees. Comment?
Thursday | via WJRT
Attorney General Bill Schuette says Michigan residents are in line for more than $21 million in compensation from a finance company as part of a $2 billion settlement of foreclosure abuse complaints. Comment?
Thursday | via The Detroit News
Ocwen Financial Corp. will provide $2.1 billion in relief to homeowners to settle regulators' claims over mortgage-servicing abuses, the Atlanta-based company said Thursday in a regulatory filing. Comment?
Wednesday Dec 18 | via MLive.com
Fewer graduates from Kalamazoo-area colleges took out loans to earn their bachelor's degrees in 2012 than did nationally. Comment?
Monday Dec 16 | via Detroit News
A little more than a year after Ann Arbor businessman Ron Weiser bought its assets to avert foreclosure, a rechristened science center once again is hosting student tours and preparing for an onslaught of holiday visitors - a good problem to have for a gem led by new CEO Tonya Matthews. Comment?
Monday Dec 16 | via Detroit News
The bull market in stocks has turned in an impressive return of nearly 25 percent points this year. Comment?
4 min ago | via Nanaimo Daily News
North American stock markets closed sharply higher Wednesday as the U.S. Federal Reserve ended months of speculation and announced it will start cutting back on its monthly asset purchases. Comment?
11 min ago | via Reuters
The Greek coalition government's majority in parliament shrank to just three seats on Saturday after a lawmaker rebelled over a controversial new law to extend property taxes to farmland. Comment?
11 min ago | via Lincoln Daily News
Deutsche Bank said on Friday it will pay $1.9 billion to settle claims that it defrauded two U.S. government-controlled companies in the sale of mortgage-backed securities before the 2008 financial crisis. Comment?
13 min ago | via Reuters
U.S. Congressman Mel Watt, the incoming director of the Federal Housing Finance Agency, said he plans to delay the increase in fees on government-backed loans that the agency announced this month. Comment?
14 min ago | via St. Paul Real Estate Blog
For people who have mortgages with a penalty for early payment, paying it off might be a bad idea. Comment?