Detroit, Michigan
Real Estate News

A year and a half to two years ago, listings in Dearborn Heights, Michigan routinely drew 20 to 30 offers. That kind of frenzy masks how a market actually works, who is buying, what is moving, and where the pressure points are. Now that inventory has increased and competition has cooled, the underlying dynamics of ...

Metro Detroit remains one of the few major metropolitan areas where an investor can acquire a property for under $100,000, put in rehab work, and still generate positive cash flow. That affordability continues to attract capital from across the country, but financing these deals and structuring them to survive a missed assumption requires more nuance ...

If you are shopping for a home in Michigan right now, you are probably watching mortgage rates. But veteran observers in the Lansing and Grand Rapids markets argue that a different number on your monthly statement deserves more attention: your property tax bill. It has been climbing fast enough to cancel out some of the ...

Michigan has long marketed itself on affordability, and for good reason. Home prices across the Lansing and Grand Rapids markets remain well below national averages, drawing first-time buyers, investors, and move-up purchasers alike. But with a November ballot measure that could eliminate property taxes now on the horizon, the state’s cost advantage is facing its ...

It sounds like a joke. A broker with 7,500 past clients and decades of deals closed across Southeast Michigan says he actively avoids hiring agents with perfect online ratings. But for Larry Gotcher, owner of Resource Realty Group in Ann Arbor, it’s a hiring rule he stands by and one that says a lot about ...

More than a third of investors plan to buy zero properties this year. A veteran who has closed through every cycle since 1991 says excessive selectivity is the single biggest mistake he sees. A recent sentiment survey found that 38% of investors expect market conditions to improve, but more than a third plan to purchase ...

Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...

The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...

The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...

In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...

For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...

The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...