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Byline: Nick Manes New legislation in Michigan makes the source of one's income for housing a protected class. Gov. Gretchen Whitmer recently signed a package of bills that will outlaw [...]

Byline: Nick Manes The year 2025 will likely bring further relief to the 'golden handcuffs' that have kneecapped the housing market in Michigan and beyond for several years. But many [...]

Byline: Nick Manes Flagstar Bank has completed the sale of its mortgage servicing business, a 'significant milestone' for a bank that was once a mortgage powerhouse. The bank subsidiary -- [...]

Byline: Nick Manes In his return to Detroit, Arthur Jemison is seeking to draw on his experience around the country as part of a mission to create more economically integrated [...]

Byline: Nick Manes One Southeast Michigan residential brokerage is growing with the acquisition of another. Lapeer-based HRC Realty LLC, which does business as Coldwell Banker Professionals, announced Nov. 4 that [...]

Byline: Nick Manes Sometimes residential real estate reporting makes for a bit of a whodunit. For proof of that, look no further than two mid-century modern-style houses listed for sale [...]

Byline: Nick Manes Like most everything else, the cost to insure a home continues to rise, and Michigan is one state nearing what one group is calling a 'crisis.' A [...]

Byline: Nick Manes Mat Ishbia has long wanted to put more United Wholesale Mortgage stock into the public market. He's now acting on that goal, while also perhaps increasing his [...]

Byline: Nick Manes Summer in Southeast Michigan has truly come to an end as home sales have continued to decline, despite an ongoing boom of inventory. Two monthly reports from [...]

Byline: Nick Manes A tough-to-sell Wayne County mansion found a buyer, at a pretty steep discount. Castello Montebello, as the Northville mansion is known, closed to a new, unknown buyer [...]

Byline: Nick Manes Detroiters are increasingly fixing up and repopulating long-neglected homes in the city amid the shifting economics for investors in Detroit's residential market. In neighborhoods around the city, [...]

Byline: Nick Manes Royal Oak is poised to see big growth in its renter population in the near future. That's among the key findings of a residential market analysis conducted [...]

Byline: Nick Manes Sarah Gregory, 37 Vice President of Strategic Partnerships & Talent Solutions Detroit Regional Partnership Sarah Gregory spent exactly one day in the sales world before moving on [...]

Byline: Nick Manes Jose Flores, 35 CEO, Ancor Automotive When Jose Flores took over a decades-old automotive supplier three years ago, he saw the need for a transition. Troy-based Ancor [...]

Byline: Nick Manes Mike Ferlito, 36 CEO, Ferlito Group and Ferlito Construction Mike Ferlito tried his hand at several elements of the family business, but ultimately real estate development suited [...]

Byline: Nick Manes Amanda Lewan, 35 Co-founder and CEO, Bamboo Things are a bit different in Detroit's startup community -- and the broader city -- a decade after Amanda Lewan [...]

Byline: Nick Manes A Boston-based institutional investment firm aims to deploy around $11 million in the coming years to increase the supply of Detroit's affordable housing stock. Acrtaris Impact Investors [...]

Byline: Nick Manes A new report calls for a broad coalition of stakeholders -- government, business, schools and residents -- to work toward making Detroit a middle-class city again. The [...]

Byline: Nick Manes A federal judge in Florida has dismissed a lawsuit alleging Pontiac-based United Wholesale Mortgage holds a monopoly power within the wholesale mortgage lending space. U.S. District Judge [...]

Byline: Nick Manes Civic leadership in Detroit is on the mind of one of Detroit's leading executives. It remains to be seen whether Detroit Mayor Mike Duggan will run for [...]

Byline: Nick Manes As the third-term mayor of Michigan's largest city, Mike Duggan has a variety of items on his plate. For starters, the Detroit mayor and his administration have [...]

Byline: Nick Manes Dan Gilbert says he's interested in getting more of his Detroit-based mortgage company's shares in the hands of public stockholders. Gilbert, the founder and chairman of Rocket [...]

Byline: Nick Manes Those shopping for 'starter' homes around the U.S. are largely seeing improved conditions, but metro Detroit's market continues to lag far behind, according to a new report. [...]

Byline: Nick Manes Sandi Smith wears many hats within the evolving residential real estate world. Smith -- the president, broker and co-owner of Trillium Real Estate -- has spent 23 [...]

Byline: Nick Manes A long-vacant school building in downtown Farmington will be demolished and replaced by needed 'missing-middle' housing. Demolition of the Maxfield Training Center, just north of Grand River [...]

Byline: Nick Manes Significant inflation through-out the U.S. economy of the last several years has undoubtedly brought harm to American consumers. But it's also resulted in massive appreciation for home [...]

Byline: Nick Manes Longtime Detroit housing official Arthur Jemison is returning to the city. Jemison, the city's former group executive for planning, housing and development, left that job in early [...]

Byline: Nick Manes New plans have emerged to build a 158-unit apartment building just east of Royal Oak's central business district. Documents filed with the Royal Oak Planning Commission ahead [...]

Byline: Nick Manes Metro Detroit businessman Manoj Bhargava has shut down the television news network for which he once had big plans after just two years of ownership. Bhargava, the [...]

Byline: Nick Manes In proposing a new rental ordinance for landlords and tenants, Detroit officials say they've tried to strike a balance between the needs of the two. In doing [...]

Byline: Nick Manes The nationwide housing shortage that has reared its ugly head in Michigan is acutely felt in Ann Arbor. With an ever-growing university and general demand at consistently [...]

Byline: Nick Manes A self-proclaimed fan of 'architectural artifacts,' a walk around Ron Lipson's waterfront home shows that to be undoubtedly true. Designed by noted metro Detroit architect Lou DesRosiers, [...]

Byline: Nick Manes A century-old lakefront mansion in Bloomfield Township, up for sale for the first time in three decades, could shatter price records for metro Detroit. The 15,600-square-foot home [...]

Byline: Nick Manes A family development firm run by two General Motors Co. executives was awarded a $2.67 million loan from the state as part of its effort to redevelop [...]

Byline: Nick Manes The days of the COVID-19 pandemic-era super-low mortgage rates are firmly in the rearview mirror, and the number of borrowers who could be eligible for refinancing is [...]

Byline: Nick Manes The California-based owners of Detroit's largest private residence have racked up nearly two dozen blight violations in the last year, according to a Crain's analysis of city [...]

Byline: Nick Manes Metro Detroit home prices kept heating up throughout the spring, and the region now stands as the most 'overvalued' in the nation, according to new data. The [...]

Byline: Nick Manes A veteran Rocket Mortgage executive has made the switch to wholesale, part of an increasing trend in the home mortgage lending industry. Michael Saleh, an executive at [...]

Byline: Nick Manes Metro Detroit stands near the top of housing markets in the country primed for a price reduction, according to research from a pair of Florida academics. Detroit [...]

Byline: Nick Manes As the former Michigan Central Station and the broader Corktown neighborhood get their moment in the sun, local real estate professionals are also looking at the challenges [...]

Byline: Nick Manes Three Detroit housing developments, each with an affordable component, have received gap funding from the state's main housing agency. The board of the Michigan State Housing Development [...]

Byline: Andy Balaskovitz, David Eggert, Anna Fifelski, Kurt Nagl and Nick Manes The 2024 Mackinac Policy Conference is in the books. The Detroit Regional Chamber's annual gathering of 1,500 business [...]

Byline: Nick Manes Situated on the fairways of the Detroit Golf Club, a nearly century-old Tudor revival mansion once owned by the Queen of Soul is undergoing a full-scale restoration. [...]

Byline: Nick Manes The future of Detroit's skyline centerpiece remains up in the air, according to billionaire businessman Dan Gilbert. Gilbert, whose Detroit-based real estate company Bedrock LLC is in [...]

Byline: Nick Manes Executives at Rocket Mortgage LLC have agreed to settle a lawsuit brought last year by former employees alleging unpaid overtime. The Detroit-based mortgage lender, part of Rocket [...]

Byline: Nick Manes A new 0% down payment program rolled out by the nation's largest mortgage lender could greatly ease one of the largest challenges many homebuyers face. But local [...]

Byline: Nick Manes The transition from business to family-owned business can sometimes be sudden or sometimes happen all at once. In the case of Rosalie Vicari, when she decided to [...]

Byline: Nick Manes Among the first new speculative homes built at scale in Detroit in decades, sales are underway at a new-build development on the city's east side. Detroit-based multi-family [...]

Byline: Nick Manes A large mix of developers is moving forward on a wholesale makeover of the site of the Northville Downs racetrack, totaling well into the hundreds of millions [...]

Byline: Nick Manes The NFL Draft coming to Detroit later this week comes at a perfect time for the Kerr Russell & Weber Plc law firm. The Detroit-based corporate law [...]