Dozens of Detroiters receive deeds to homes through Buy Back Program
Detroit Mayor Mary Sheffield and the Detroit Land Bank Authority are celebrating the 67 Detroiters who are receiving deeds to their homes on Friday.
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Detroit Mayor Mary Sheffield and the Detroit Land Bank Authority are celebrating the 67 Detroiters who are receiving deeds to their homes on Friday.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
As climate change whips up wilder weather, more Americans must deal with "hazards they have not faced in the past," expert says.
To become a homeowner is the ultimate American dream and one program in Detroit is giving residents that once in a lifetime opportunity.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
The University of Michigan Poverty Solutions study found that found that the net housing value for Black homeowners grew from $3.4 billion in 2014 to $6.2 billion in 2022, an 80% increase.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
More than 300 people in Detroit have become homeowners for the first time after getting help from the city's down payment assistance program.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Detroit homeowners who need help paying for their annual property taxes have until Dec. 11 to apply to the HOPE program to try and qualify for a full or partial property tax exception for 2023, according to a City of Detroit.
More than ever, having enough insurance coverage is essential. But not all policies cover every type of extreme weather event.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
Addressing the wealth gap in any community starts with building neighborhoods and one strong anchor is homeownership.
In total, 70 homes were purchased and renovated for participating families.
The program offers $2,500 to low-income residents for home repairs in The Villages community of Detroit's east side.
City officials say the program is to help residents who lost their homes to foreclosure but never left, were victims of real estate and landlord fraud or have another significant connect to the home.
