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FinanceBuzz

partner publisher · 254.1K followers
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Realtors Predict These 9 Cities Will Become Unaffordable in the Next 10 Years

Home prices seem to be on the rise in many cities. But in some places, rising prices could make the town unaffordable within 10 years. Find out where today.

Ann Arbor, MI · 13h

MLive

publisher · 111.3K followers

3 homes per lot in Ann Arbor? ‘Attainable housing’ proposal aims to unlock density

The Ann Arbor Community Land Trust is proposing a first step to allow three housing units per residential property in the city.

Ann Arbor, MI · 1d
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Lansing State Journal

partner publisher · 16.6K followers
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Lansing City Council OKs tax deal for 440 apartments to boost housing

LANSING — A local local landlord, property developer and entrepreneur's work to make a name for himself in distressed real estate seems to be paying off. The Lansing City Council unanimously approved on Nov. 9 four 15-year workforce housing development incentives for Simtob Management Investment, about three years after the city settled a lawsuit with the company intended to bring the red-tagged Holmes Apartments complex into code compliance. The incentives are PILOTs, or payments in lieu of taxes agreements, which are often used by cities for certain housing developments. They are put in place as an alternative to a property owner paying traditional property taxes. The Lansing company will pay a total of about $205,000 for four apartment buildings in 2027 rather than their normal share of property taxes for Baltic Flatz, 916 W. Cavanaugh Road; Carolina Flatz, 4318 Pleasant Grove Road; Pacific Flatz, 1401 E. Kalamazoo St., and Ventnor Flatz, 1115 Dorchester Circle. In 2027, the four properties would have otherwise had a tax bill of about $713,000. City officials said the payment will increase every year and Simtob Management will have to submit annual audits to the city. If the company doesn't pay its bill, it will have

Lansing, MI · 3d

fox2detroit.com

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Metro Detroit home sales drop & future of the GOP post-Trump

Metro Detroit home sales were down 13.9% in October. REMAX of Southeastern Michigan President Jeannette Schneider discusses what’s driving the trend. Plus, Troy Mayor Ethan Baker discusses what the Republican Party could look like post-Trump, and Detroit Regional Chamber President & CEO Sandy Baruah discusses what businesses hope to see from the Democratic-controlled government.

Metro Detroit, MI · 1d
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WLNS

partner publisher · 49.3K followers

‘Rent is Too Damn High’ to temporarily cease activities

Lansing-based housing activist group Rent is Too Damn High will temporarily cease all activities, the organization announced Tuesday.

Lansing, MI · 3d

wlen.com

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Home Builders Association Named Michigan Local Of The Year

JACKSON, MI – The Home Builders Association of Jackson, Hillsdale & Lenawee has been named Local of the Year by the Home Builders Association of Michigan during its Leadership in Housing Advocacy Awards, recognizing the association’s resurgence, revitalized programs and growing impact throughout the region. According to the...

Lenawee County, MI · 3d

hoodline.com

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Pontiac Breaks Ground on Five Affordable Homes Near Rotary Park

A Pontiac developer broke ground this week on five single-family homes near Rotary Park, aiming to sell them to buyers earning between 60% and 120% of the area's median income. Creek Valley Properties held a ceremonial groundbreaking at the park on Tuesday for homes planned on Walnut Street at Orchard Lake Road, with prices expected around $240,000 once they hit the market next year.

Pontiac, MI · 1d

The Detroit News

partner publisher · 4.9K followers

Detroit Land Bank must stop standing in the way of homeownership | Thompson

Imagine standing before a vacant house you have dreamed of owning. The windows are boarded. The grass has overtaken the walkway. Nobody lives there. You have the determination to restore it, the willingness to invest your savings and the desire to make it your home. But there is one problem. The government holds the keys. And the door remains locked. That image captures a troubling contradiction in Detroit, where residents seeking to restore abandoned properties and build a future through homeownership have sometimes found themselves confronting the very institution entrusted with helping revive their neighborhoods. The most basic responsibility of government is to provide relief, not manufacture additional hardship. RELATED: Sheffield unveils reforms for Detroit Land Bank after years of criticism That principle should guide Detroit Mayor Mary Sheffield's newly announced reforms of the troubled Detroit Land Bank Authority, an institution whose operations have generated years of frustration among residents seeking to purchase vacant houses, acquire neighborhood lots and rehabilitate properties. I have heard those frustrations repeatedly from Detroiters over the years in interviews and at town hall meetings. People who wanted to invest in their neighborhoods, reclaim abandoned property and become homeowners instead described a process that often seemed

Detroit, MI · 2d

hoodline.com

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Metro Detroit Home Sales Sink 13.9% in October as Buyers Pull Back

Metro Detroit's housing market cooled noticeably in October, with a total of 3,585 homes sold compared to 4,162 a year earlier — a 13.9% drop that regional real estate watchers say could carry into the end of the year. Pending sales, which track deals where sellers have accepted an offer but closing hasn't happened yet, were down 10.1% year over year, according to the same report.

Detroit, MI · 16h

wcsx.com

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Vista Maria Opens Michigan’s Only Housing Program for Women Veterans and Their Children

Vista Maria has opened newly renovated transitional housing for women veterans and their children on its Dearborn Heights campus. Fox 2 Detroit reported it is the only program in Michigan dedicated to housing women veterans with their children. The converted building has 16 bedrooms, shared bathrooms, a community kitchen, a...

Dearborn Heights, MI · 12h

theflintcouriernews.com

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Homebuyer Education Classes, Required for MSHDA Loan Program, Now Available for Free through Gesher Human Services, with virtual option

In-person classes to be held in Southfield, virtual options available to all Michiganders; housing market in Michigan favorable to buyers. SOUTHFIELD, Mich. (Nov. 5, 2026) – Gesher Human Services, one of the largest human service agencies in metro Detroit, is offering Homebuyer Education Classes twice a month through the end of January. While the four-hour classes typically cost $50 for a family, this season the fees are being waived, to remove one extra barrier to families getting into a home that they can own. Such classes are a requirement for the Michigan State Housing Development Authority (MSHDA) Down Payment Assistance Program which provides $7,500-10,000 loans to families with limited incomes hoping to purchase a home.

Southfield, MI · 1d

hillsdalecollegian.com

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Share the Warmth buys former school building

Share the Warmth purchased the former Hillsdale Preparatory School building on Mechanic Road for $425,000 Oct. 31 with the plan to open a year-round homeless shelter. Share the Warmth is a local nonprofit and the only official homeless shelter in Hillsdale County, operating out of Sozo Church since 2019. Its current location will close March 31 next year, limited by its contract with the church. The shelter is currently open every night from Nov. 1 to April 1. At its new location, it plans to open year-round from 4:45 p.m. to 8 a.m. starting Nov. 1 of next year.

Hillsdale County, MI · 1d

The Financial Wire

partner publisher · 66.8K followers

Senior homeowners in West Virginia, Michigan, New York, Florida and Rhode Island face property tax exemption deadlines running from Dec. 1, 2026 to March 15, 2027

The first of five local property tax cutoffs for older homeowners lands Dec. 1, when West Virginia’s window for a $20,000 homestead exemption closes. Michigan’s Ann Arbor follows with a Dec. 14 poverty-exemption deadline, then New York’s Town of Conklin and Florida’s Pinellas County on March 1 and Pawtucket, Rhode Island, on March 15. Each... The post Senior homeowners in West Virginia, Michigan, New York, Florida and Rhode Island face property tax exemption deadlines running from Dec. 1, 2026 to March 15, 2027 appeared first on The Financial Wire .

West Virginia · 4d

1051thebounce.com

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Fewer Than 1 in 200 Metro Detroit Homes Have Flood Insurance, Contractor’s Data Analysis Finds

Macomb, Oakland, and Wayne counties have been part of three federally declared disasters since 2014, yet almost no homeowners there carry federal flood insurance, according to an analysis released Nov. 8 by Shelby Township waterproofing contractor Mansour's Innovations via EIN Presswire. The company reviewed records from the Federal Emergency Management...

Metro Detroit, MI · 3d

candgnews.com

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Trustees decide on grace period for short term rentals

HARRISON TOWNSHIP — Specific short-term rentals in Harrison Township are getting a little “grace.” That is, they’ll now get six months to become compliant before an ordinance goes into effect. On Nov. 9, the Harrison Township Board of Trustees approved the grace period in a 7-0...

Harrison Charter Township, MI · 1d

DBusiness Magazine

partner publisher · 2.4K followers

UWM in Pontiac Launches Bilt Neighborhood OS to Better Connect Homeowners

United Wholesale Mortgage (UWM) in Pontiac today announced an expanded partnership with New York City-based Bilt, a neighborhood commerce and rewards platform, to bring Bilt Neighborhood OS to its service […] The post UWM in Pontiac Launches Bilt Neighborhood OS to Better Connect Homeowners appeared first on DBusiness Magazine .

Pontiac, MI · 3d

WXYZ Detroit 7 Action News

partner publisher · 109.7K followers

Two vacant acres in Detroit's Eastern Market up for redevelopment

Two vacant acres in Detroit's Eastern Market district could soon be transformed into a mixed-use development featuring housing, retail and improved connections to the Dequindre Cut.

Detroit, MI · 4d

hoodline.com

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East Lansing Student Tower Lands Big Financing, Rises Across From MSU

A 12-story student housing tower rising directly across from Michigan State University has secured the financing it needs to keep climbing. Harbor Bay Ventures has lined up senior financing and institutional equity to build The Howard, a mass-timber high-rise planned at 401 E. Grand River Avenue in East Lansing, with construction already underway on the site of the old Student Book Store.

East Lansing, MI · 2d