Tag Archives: Detroit

US property taxes increased to $306.4B in 2019

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The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading →

Rent growth slows amid coronavirus pandemic

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Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly. Continue reading →

KW franchise pays it forward to employees of bankrupt furniture store

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Detroit-based Keller Williams Platinum is offering employees of Art Van Furniture free pre-licensing training when the company closes in May. Continue reading →

These 15 markets are poised to become the next iBuying hotspots

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A change in FDIC regulations will make it easier for iBuyers to enter markets in the North and South, according to home-value data platform Ownerly. Continue reading →

Affordability is ‘getting worse, not better’: Report

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An alarming new report says 90 percent of the new houses being built today can be purchased by just 10 percent of American households. Student debt and lack of building are a couple of factors to blame. Continue reading →

Massachusetts begins taxing short-term rentals and nightly rates are predicted to rise

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The new fee kicked in on Monday and applies the state’s 5.7 percent occupancy tax, which was previously imposed on hotels, to short-term rentals that are facilitated by websites such as Airbnb, Vrbo, Vacasa and others. Continue reading →

Seattle is more affordable than Detroit? How’s that even possible?

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New York City clocked in as the least affordable city, with rent accounting for 121 percent of each paycheck, according to a new study released on Friday. Continue reading →

Nationwide foreclosure starts rise for first time in 3 years

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Foreclosure starts increased by less than 1 percent year-over-year in July after 36 consecutive months of decreases, according to Attom Data Solutions. Continue reading →