Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
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As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Federal officials say Sean Tissue faces a maximum of 20 years in prison for wire fraud and five years for bankruptcy fraud.
A Ferndale home has hit the market, and let's just say, this one is unique.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
The Cleveland, Ohio-based home was last bought on eBay in 2004, but has undergone a "massive renovation" since.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
Uri Rafaeli is a retired engineer who lost his home for not paying his property taxes in full. He owed $8.41, and yes that is correct, he lost his home for about the price of a movie ticket.
What should be a high right now in the housing market, Detroit is leading the nation in the decline of home sales.
The website Insurify just released a list of the up and coming cities across the country who have the most promise for home values. The city in Michigan that made the list you might find surprising.
As they say, in real estate it's all about location. A tiny little shack next to a landfill may be worthless, but on Malibu Beach could be worth millions. Detroit rated highest in America in what $250K buys in square footage compared to other cities across America.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating apartment rentals in Detroit with a budget of up to $900/month.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating affordable apartments in Detroit for a budget of up to $1,000/month.
We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating affordable apartments in Detroit if you've got a budget of up to $1,200/month.
The priciest rental listing on the market in Detroit costs $3,240/month. As absurd as it may seem, it's not the only high-end listing in the city. But what glamorous features do renters get for these exorbitant prices?
According to rental site Zumper, median rents for a one-bedroom in Detroit are hovering around $675. But how does the low-end pricing on a Detroit rental look these days — and what might you get for the price?
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to scoring affordable apartments in Detroit if you're on a budget of up to $900/month.
The uncertainty of COVID-19 and Governor Whitmer's Executive Orders shutting down the state have hit the Metro Detroit real estate market hard. However not in ways one would expect.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to affordable apartments in Detroit for a budget of $1,300/month on rent.
So how does the pricing on a Downtown Detroit rental look these days — and what might you get for your money?
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense for locating apartment rentals in Detroit if you don't want to spend more than $1,400/month on rent.
Need a budget-friendly new spot? We took a look at local listings for studios and one-bedroom apartments in Detroit to find out what budget-minded apartment seekers can expect to find.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to finding apartments in Detroit if you're on a budget of up to $900/month.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to scoring affordable apartments in Detroit if you don't want to spend more than $2,400/month on rent.
Curious just how far your dollar goes in Detroit? Take a peek at what rentals the city has to offer, below. (Note: Prices and availability are subject to change.) We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to locating apartment rentals in Detroit if you've got up to $2,100/month earmarked for your rent.
What would life be like if money wasn't a concern? News flash: There are apartments on the market in Detroit for $3,390/month. Read on to explore just how select are the features, given these high prices. We took a peek at local listings in Detroit via rental websites Zumper and Apartment Guide to identify the city's most glamorous listings.
Whitmer is expected to discuss her time in office and her proposals on creating jobs, lowering costs, continuing investments in education and literacy and building housing.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
This week the Michigan House passed a bill that would ban cell phones in schools across the state.
The owners of Dittrich Furs announced the closure on Monday, and along with it, a liquidation sale offering more than $9 million worth of merchandise at a 70% discount.
Temperatures drop Saturday and Sunday with a few more chances for snow.
Whitmer is expected to discuss her time in office and her proposals on creating jobs, lowering costs, continuing investments in education and literacy and building housing.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
The City of Detroit's snow response plan doesn't send plows into residential streets unless 6 inches of snow or more has fallen.
The Detroit Auto Show's Charity Preview is Friday night, and CBS News Detroit is taking you there.
The North American International Auto Show in Detroit once dedicated an entire track on its coveted show floor to getting consumers comfortable with electric vehicles and charging.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
UAW Vice President Laura Dickerson confirmed that the worker is suspended with pay while Ford and the UAW discuss next steps.
In a tale of two speeches, Michigan Gov. Gretchen Whitmer has offered a rebuttal to President Trump's defense of his tariff policies, made just days before by the president in Detroit.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Curtis International is recalling an additional 330,000 Frigidaire-brand minifridges to an existing recall after reports of the product catching fire.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
William J. Brock fatally shot the driver after wrongly assuming she was in on a plot to get $12,000 in supposed bond money for a relative, authorities said.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
The U.S. House of Representatives approved Thursday a three-year extension of subsidies for the Affordable Care Act.
Michigan health officials say only 23% of Michigan residents have received this year's influenza vaccine.
The CDC took six previously routine vaccinations off its recommendation list, but Michigan health officials suggest parents consider those immunizations anyway.
Eligible Detroit families will receive $1,500 during pregnancy, along with $500 per month for six months, for a total of $4,500 through Rx Kids.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
A termination letter sent to ex-University of Michigan football head coach Sherrone Moore details the university's findings that resulted in Moore's firing last month.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Jeremy Swayman stopped 24 shots for his first shutout of the season, and the Boston Bruins beat the Detroit Red Wings 3-0 on Tuesday night.
The Detroit Red Wings retired Sergei Fedorov's No. 91 jersey, honoring the Russian great more than a decade after he was inducted into the Hockey Hall of Fame.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
Friday is the Detroit Auto Show's Charity Preview, and Mayor Mary Sheffield speaks one-on-one with CBS Detroit's Lauren Winfrey about the meaning behind the event and what the auto industry means to the city of Detroit.
Temperatures fall this weekend with even colder air and wind chills well below zero next week.
Ford launched its 2026 racing season at Michigan Central, unveiling its driver lineups, liveries and future rollouts.
One day after the U.S. Department of Health and Human Services announced the termination of $2 billion in Substance Abuse and Mental Health Services Administration (SAMHSA) grants late Tuesday night, it reversed the decision, restoring those funds.
Michigan is taking a step towards limiting distractions in the classroom. This week, the Michigan House passed a bill that would ban cellphones in schools across the state.