How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
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A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Leland House ownership attorneys filed new paperwork asking the city to approve tenant asset removal procedures.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
President Trump said "people live in homes, not corporations," in announcing plans to bar big investors from home purchases.
Buying your first home is a key to building wealth in the U.S. Yet stepping onto the property ladder is a vanishing dream for many Americans.
Extreme weather linked to climate change will likely lead to more Americans losing their homes as foreclosure rates rise, researchers predict.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
Residents claim their apartments have broken windows, no heat, and security concerns and their landlord reportedly isn't fixing anything.
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
The Supreme Court said Friday it will weigh whether a city's enforcement of rules prohibiting homeless residents from camping on public property violates the Constitution's protection from cruel and unusual punishment.
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.
For at least the next three months, all eviction hearings in the 36th District Court will return to in-person after three years of doing them virtually.
Some people in the market to buy a house said that even though the interest rates are more than double, they would prefer to buy right now as opposed to when the interest rates are low because it was such a buying frenzy.
The Michigan State Housing Development Authority is launching the Missing Middle Housing Program to provide funds to non-profit organizations to develop and rehabilitate properties.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
Grayson Rodriguez pitched five strong innings as the Los Angeles Angels beat the Detroit Tigers 7-1 for their fifth victory in six games.
Pastor Curtiss Ostosh says city crews removed vehicles, trailers, and bicycles belonging to homeless people the church serves.
Lynette Hooker was reported missing by her husband in early April after the couple allegedly went for a nighttime ride aboard a dinghy.
It comes as the department once again improved its Insurance Services Office score to the second highest rating on the scale.
A judge ordered Comerica Bank to turn over more than $13,000 in an account linked to former Detroit Mayor Kwame Kilpatrick as restitution payment.
Lynette Hooker was reported missing by her husband in early April after the couple allegedly went for a nighttime ride aboard a dinghy.
Pastor Curtiss Ostosh says city crews removed vehicles, trailers, and bicycles belonging to homeless people the church serves.
Michigan Gov. Gretchen Whitmer is publicly ruling out a bid for the 2028 presidential race.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
Some artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
For three days, Detroit is the epicenter of techno music with this Memorial Day weekend tradition, and the music lovers made sure to attend the final day of the Movement Festival on Monday.
The community space, which has been under renovation since October 2025, includes a swing set, play area and seating with umbrellas.
One hundred men were dressed to the nines on Sunday afternoon on Livernois Avenue in Detroit for the sixth annual 100 Men in Suits initiative.
Lynette Hooker was reported missing by her husband in early April after the couple allegedly went for a nighttime ride aboard a dinghy.
The department said it is preparing for the banknote in response to legislation proposed last year.
Some artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
The Justice Department is conducting a criminal investigation into whether author E. Jean Carroll committed perjury in connection with her civil lawsuits against President Trump, sources familiar with the matter said.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
The tentative agreement means roughly 300,000 Blue Cross members will continue receiving care at Michigan Medicine facilities as in-network services.
Two Detroit nonprofit organizations have partnered together to fight food insecurity for elementary school students.
St. Clair County health officials have identified the county's first salmonella case linked to a multistate outbreak associated with backyard poultry.
Experts at Children's Hospital of Michigan say they typically see a rise in preventable injuries this time of year, many of which can happen in just seconds.
Grayson Rodriguez pitched five strong innings as the Los Angeles Angels beat the Detroit Tigers 7-1 for their fifth victory in six games.
The Detroit Lions aim to draft, develop and re-sign players, and linebacker Jack Campbell is the latest example.
PWHL Detroit joins the Professional Women's Hockey League in the 2026-27 season.
The 2026 Chevrolet Detroit Grand Prix presented by Lear returns to the streets of downtown Detroit on Friday, May 29.
Spencer Torkelson homered, doubled twice and drove in three runs, and five Detroit pitchers combined for a two-hitter as the Tigers snapped a season-worst seven-game home skid with a 4-0 win over the Los Angeles Angels.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
As Detroit prepares to welcome thousands of people downtown for Grand Prix weekend, city leaders say public safety has been a months-long effort.
Detroit Mayor Mary Sheffield addressed the Mackinac Policy Conference for the first time as the city's mayor.
A judge has ordered Comerica Bank to turn over more than $13,000 in an account linked to former Detroit Mayor Kwame Kilpatrick as payable towards restitution.
The U.S. Coast Guard has been granted permission by the Bahamian government to send divers to canvass previously unsearched areas in the search for missing Michigan woman Lynette Hooker, a source confirmed to CBS News.
A south Warren church has filed a federal lawsuit against the City of Warren, alleging years of excessive and religiously motivated enforcement tied to its food pantry operations.