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Housing

Fannie Mae and Freddie Mac Continue to Dominate Apartment Lending

April 17, 2018 |

Agency lenders are making more permanent loans than ever on apartment properties.

Freddie Mac and Fannie Mae lenders are providing the overwhelming majority of permanent loans to apartment properties.

“Fannie Mae and Freddie Mac are probably still the premiere lenders for … Read More

Metro Detroit home prices expected to rise as competition brews

April 12, 2018 |
  • Inventory was down year-over-year nearly 30 percent in March
  • Prices up 4.6 percent
  • Options could become more constrained for first-time buyers

Real estate experts anticipate “for sale” signs to populate lawns in larger numbers during the second quarter … Read More

Full Throttle in Detroit

April 5, 2018 |

The city is well into its economic resurgence, attracting investors and young professionals with the help of startups, technology companies and automotive giants that are exploring the trending mobility industry.

source: multihousingnews.com

Detroit is well into its economic resurgence, attracting investors … Read More

8 Game-Changers for Multifamily

April 5, 2018 |

Major, disruptive shifts stand to reshape the needs and wants of tomorrow’s renters. Can the multifamily industry adapt its approach to designing, developing and operating apartment communities fast enough to stay relevant?

We live in an age of disruption. The … Read More

Partially collapsed Grosfield Building to be renovated in $4 million mixed-use project

March 26, 2018 |
  • Total of four buildings in southwest Detroit to be redeveloped
  • 20 lofts, retail or restaurant space planned
  • Warehouse Development specializes in historic renovations

The partially collapsed Grosfield Building in Southwest Detroit could be getting new life as 20 … Read More

Corktown-to-Fordtown gold rush?

March 26, 2018 |
  • Ford Motor Co. reportedly pursuing a deal to buy and redevelop the Michigan Central Station
  • Aftershock for Corktown real estate owners and developers would be widespread
  • Assessed property values for residential and commercial would rise

For six months, … Read More

New $5.4B regional transit plan costs more, adds more destinations

March 16, 2018 |

A new 1.5-mill, 20-year metro Detroit regional transit plan Wayne County Executive Warren Evans presented Thursday promises more service for more areas in southeast Michigan than the plan rejected by voters in 2016.

But with political opposition from officials in … Read More

Forget Big-City Living: More Millennials Are Transforming Small-Town America

March 15, 2018 |

Everybody knows the deal: Millennials want to be in the biggest cities, in the center of all the trendiness, all the job growth, and, generally speaking, all the action. Right?

Well, not so fast.

It turns out that millennial home buyers … Read More