U.S. home sale prices reach record of almost $400,000, report finds
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
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Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Home sellers take note: The color of your kitchen and bedroom could boost your home's sale price.
The home went on the market in early June and is listed on Realtor.com for $1.9 million.
Arbor One can no longer collect rent from tenants in condemned units and must return rent and security deposits from those who chose to move out.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
Rocket Companies of Detroit has announced its plan to acquire real estate brokerage Redfin.
If you are considering whether to rent or buy your home in Detroit, the latest listing data might surprise you.
The owner of Beal Properties says he's working to change this complex's reputation, starting by listening to those who live here.
The city of Detroit saw a spike in home prices between 2020 and 2024, new report says.
Avalon Housing says it received roughly 7,000 applications for 20 affordable housing units at its Groves at Viridian complex.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Social media sleuths noticed that the house next door to the iconic "Home Alone" house in Winnetka is now up for sale.
The woman lives in Denver, Colorado, where the home was previously appraised at $860,000.
You may be surprised just how available your physical home address is online, and access to your address could lead to more than just junk mail.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
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.
The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
One reason is that renters are priced out of homeownership, while fewer homes are for sale.
According to an analysis from Bankrate, the better option is to rent for the majority of people.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
The rent is high not just in Detroit, where, according to nonprofit Higher Ground Abodes, the city has just a quarter of the affordable homes needed, but also across the state.
In a lawsuit filed this week in federal court, UWM and its CEO are accused of pressuring brokers to send their clients to UWM which in turn pushed homebuyers into expensive mortgages.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The DEA confirms the search warrants are part of an ongoing drug trafficking investigation.
Windsor Mayor Drew Dilkens says he still plans to celebrate the opening of the Gordie Howe International Bridge after Canada withdrew from a joint event with the U.S. on Friday.
A two-car crash at Big Beaver Road and Livernois Road resulted in serious injuries to a Bloomfield Hills man.
A jury has found a Detroit man guilty on charges related to a fatal shooting outside an apartment complex in the city in May 2025.
A Detroit man charged in the accidental shooting death of his 13-year-old sister was sentenced after reaching a plea agreement with prosecutors.
The number of cyclosporiasis cases in Michigan has topped 7,100 as health officials continue to track a parasite that can cause diarrhea and nausea.
Rising gas prices, an unpopular war in Iran, and auto industry tariffs have fueled Republican concerns in Michigan ahead of the state's Aug. 4 primary.
Trump accused Canada of unfairly discriminating against U.S. automobiles, alcohol and dairy products, escalating tensions with one of its closest allies.
The DEA confirms the search warrants are part of an ongoing drug trafficking investigation.
Windsor Mayor Drew Dilkens says he still plans to celebrate the opening of the Gordie Howe International Bridge after Canada withdrew from a joint event with the U.S. on Friday.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
Behind every video is a true family effort.
Concerns surrounding air quality are prompting event organizers across Metro Detroit to make adjustments to their festivities or cancel altogether.
The few who aren't open for business on Thursday say it's out of concern for their employees' health and to protect their art.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Windsor Mayor Drew Dilkens says he still plans to celebrate the opening of the Gordie Howe International Bridge after Canada withdrew from a joint event with the U.S. on Friday.
Sen. Gary Peters told Defense Secretary Pete Hegseth at a Senate hearing that he bears personal responsibility for the lack of a winning strategy in the ongoing war with Iran.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Democrats in the Senate and House are investigating the origins of a DOJ legal opinion that would make it easier for states to keep people with mental illness in institutions, rather than helping them to live at home.
Rising gas prices, an unpopular war in Iran, and auto industry tariffs have fueled Republican concerns in Michigan ahead of the state's Aug. 4 primary.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
The number of cyclosporiasis cases in Michigan has topped 7,100 as health officials continue to track a parasite that can cause diarrhea and nausea.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
While the U.S. Food and Drug Administration is still working to identify the source of a parasite that has caused a cyclosporiasis outbreak, a Michigan doctor says officials are closer than you think to solving the case.
The number of cyclosporiasis cases in Michigan continues has topped 6,100 as an investigation into the origin of the parasite in the food supply continues.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
U-M President Domenico Grasso announced Monday that Manuel will leave the role by the end of the year, as a third-party culture review found failures to act on allegations of wrongdoing within the athletic department.
A Detroit nonprofit's annual summer celebration was in jeopardy after 400 pairs of shoes were stolen from its warehouse. Thanks to the community, Hoopfest was able to move forward.
Ryan Johnson struck out five and allowed one run in five solid innings, Jorge Soler and Zach Neto delivered RBI hits and the Los Angeles Angels snapped a four-game skid with a 3-2 win over the Detroit Tigers.
Spain dominated the match, outshooting Argentina 20-3, but couldn't manage a goal in regulation — finally scoring in the second period of extra time.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
With the Aug. 4 primary election in Michigan weeks away, CBS News Detroit is talking to candidates in local, state and federal races. Heather Smiley, a Republican candidate in Michigan's 6th congressional race, discusses her campaign. The seat is currently held by Democratic Congresswoman Debbie Dingell, who is seeking another term.
Amid the latest political turmoil between the U.S. and Canada over the Gordie Howe International Bridge, businesses in Metro Detroit are still gearing up for its opening.
Although the Aug. 4 primary election in Michigan is a few weeks away, CBS News Detroit is also looking ahead to November. Lt. Gov. Garlin Gilchrist II discusses his campaign for Michigan Secretary of State. Gilchrist received endorsement from the Michigan Democratic Party and is up against Republican candidate and Macomb County Clerk Anthony Forlini.
Multiple police raids led by the Drug Enforcement Administration took place across Wayne County on Wednesday morning.
U.S. Sen. Gary Peters on Tuesday accused Defense Secretary Pete Hegseth of failing to develop a winning strategy for the ongoing war with Iran, telling Hegseth directly that he bears responsibility for the lack of progress in the conflict.