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Real Estate

Expert: Estate Sales Booming as People Look to Downsize Homes or Move to New Areas for Remote Work

Karen Dybis -
With people wanting to downsize their homes for various reasons, or moving to a place they can work remotely, the estate-sale business is beginning to boom.
Economy

United Wholesale Mortgage Going Public in $16 Billion Merger

Brad Kadrich -
United Wholesale Mortgage announced a merger with Gores Holdings IV officials say will value the company at some $16.1 billion.
Real Estate

Experts: Real Estate Industry Can Expect a Busy Fall Thanks to Hungry Buyers and Limited Home Inventory

Karen Dybis -
Hungry buyers and a limited inventory should keep the real estate hopping this fall, according to the experts.
Real Estate

Experts: Commercial Real Estate Industry Sees Hardships Yet Continues to See Hope on the Horizon

Karen Dybis -
The commercial real estate industry has been among COVID-19's hardest hit, but industry experts do say there's a ray of hope on the horizon.
Real Estate

Detroit Real-Estate Firm Bedrock Hires California Architect, Planner as New CEO

Karen Dybis -
A West Coast transplant will head up one of Detroit's prime real estate gigs when Kofi Bonner takes over as the CEO at Bedrock next month.
Print Cover Stories

Report: Metro Detroit Home Sales See First Year-Over-Year Increase Since Beginning of COVID-19 Impact

Karen Dybis -
Good news in what has been a challenging year: The latest housing report from RE/MAX of Southeastern Michigan says year-over-year home sales are up.
Real Estate

Housing Prices, Other Key Home Stats Take ‘A Big Step Forward’ in June, Market Experts Say

Karen Dybis -
The news about the area's housing market proved to be better than anticipated, according to market experts.
Real Estate

Metro Detroit’s Home Sales Take Deep Dive in May

Karen Dybis -
A national housing report points out that the housing market didn't have a very good May, with home sales dropping 70.2% in Metro Detroit, the largest year-over-year drop in the country.
Print Cover Stories

Experts: Commercial Real Estate Needs to Rethink Office, Retail and Other Spaces

Karen Dybis -
Experts say it may take a few months to see the big picture of how COVID-19 has impacted the commercial real estate market.
Real Estate

Detroit’s Bedrock Extends Its Offer to Help Its Small-Business Tenants During Pandemic

Karen Dybis -
As Michigan businesses continue to grapple with the impact of the governor's stay-at-home orders, Bedrock announced Thursday it had created a second phase to its rent-relief program for its tenants, offering a benchmark for how companies can help tenants as the economy reopens.
Real Estate

Report: Metro Detroit Home Sales Tumbled 47.7 Percent in April

Karen Dybis -
While housing sales continued to drop in April, critical metrics show buyers and sellers are still very much in the market.
Real Estate

Michigan Real Estate Businesses Prepare to Fully Get Back to Work with Governor’s Blessing

Karen Dybis -
As real estate agents and their firms become among the first industries to get the “go ahead” to get back to work during the coronavirus crisis, experts are saying it's going to take patience, technology and a focus on making sure all related parties don’t mess it up.
Economy

Southeast Michigan Home Sales Fall in March as Real Estate Market Adjusts to the ‘New Normal’

Karen Dybis -
The housing market in southeast Michigan looked good early in the year, leaving real estate agents hopeful of a strong 2020. Then came the pandemic, and the numbers started crashing.
Real Estate

Report: Real Estate Market Shows Early Effects of Economic Impacts of Crisis

Karen Dybis -
Indications are that the stay-at-home orders and skyrocketing unemployment numbers are having a negative effect on the real estate market.
Print Cover Stories

Real-estate industry braces for COVID-19 impact on home buying, selling

Karen Dybis -
Local real estate experts are continuing buying and selling, although it's not yet known what the long-term impacts of COVID-19 might be.
Economy

Bedrock waives rent, Fiat makes masks, calls for end to school year among COVID-19 stories

Karen Dybis -
Metro Detroit companies of all shapes and sizes are working together to fight the economic effects of COVID-19.
Real Estate

Somerset Collection closes, will work with Detroit Rescue mission

Sue Voyles -
In keeping with Michigan Gov. Gretchen Whitmer's mandate and in conjunction with its retail partners, Somerset Mall closed its doors Wednesday in a move expected to last through at least March 27.
Real Estate

Looking for a cool meeting spot? Head to Detroit to see the Motown AirBnb

Karen Dybis -
Meetings are a part of working life – but that doesn’t mean you need to hang out at your everyday office or lunchroom if...
Print Cover Stories

‘On the dot’: Ferndale kicks off mixed-use redevelopment project

Brad Kadrich -
A long-vacant spot in Ferndale is set to be home to a multi-use redevelopment project that will feature parking, retail and office space.
Family Business

Real estate and construction company celebrates its 45th anniversary and growth

Karen Dybis -
Family-owned businesses are the bread and butter of any community, and Metro Detroit is home to many examples of successful companies where multi-generational owners...
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