Tag Archives: Detroit

Trump nominates homebuilder scion to oversee Fannie, Freddie

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The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3 million followers on X. Continue reading →

Ally Financial’s exit from mortgage will impact Better, HouseCanary

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Ally, which originated $1 billion in mortgages in 2023 through a partnership with Better and is an investor in the company, is laying off hundreds of employees. Continue reading →

More and more homes are languishing on the market

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In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

This is the best city for first-time buyers, according to Zillow

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First-time homebuyers made up half of all homebuyers in St. Louis in 2023, according to Zillow. That’s the highest share the city has seen since at least 2017. Continue reading →

The Detroit Lions loss is nothing next to its lowball appraisals

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A housing battle is raging in Detroit, writes Lee Davenport. Lowball home values cut into homeowner equity and exclude residents from resources and opportunities. Continue reading →

RealScout closes 2021 with new Buyer Graph in Detroit

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Nine Detroit brokerages have partnered to launch the Buyer Graph, which hosts real-time anonymized buyer data and habits, and climate risk data. RealScout now has 17 Buyer Graphs nationwide. Continue reading →

Fake landlord and deed fraud scams plague Detroit buyers and renters

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Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Continue reading →

How indie brokers can compete with the giants using technology

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At Inman Connect Las Vegas, a pair of successful brokers advised indies to focus on tech integration and to not let their solutions get too complicated. Continue reading →

Branding, hiring, tech and culture: Navigating an expansion as a broker

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Leaders who want to grow into new regions need to figure out how to export their culture — and where the most fruitful markets might be — brokers said at Inman Connect Las Vegas. Continue reading →