Tag Archives: Detroit

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 →

Group aims to renovate, preserve Aretha Franklin’s childhood home

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After the Queen of Soul’s death, a local Memphis organization has come forward with plans to renovate and preserve the singer’s historic house. Continue reading →