Found 33 blog entries tagged as Detroit Real Estate.

It’s been an unusual spring for Metro Detroit real estate. If you’ve been house-hunting around Ferndale, Royal Oak, or Troy — or just driving through neighborhoods spotting “For Sale” signs — you might have noticed something surprising: homes aren’t selling quite as fast as they used to. In fact, home sales are down significantly this spring compared to last year. Buyers have more choices, yet many sellers seem hesitant. What’s going on with Metro Detroit’s housing market? And why do local experts think this slowdown may be short-lived? Let’s dive into the trends shaping our area’s market and why a turnaround could be on the horizon.

Spring Slowdown: Sales Dip Despite More Inventory

After a frenzied few years, Metro Detroit’s spring housing…

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Buying a home in Metro Detroit’s university hubs offers a unique mix of benefits. Nowhere is this more evident than in Detroit’s historic University District – a neighborhood renowned for its classic homes and vibrant community – and in other university-adjacent areas across Metro Detroit. From the tree-lined streets near University of Detroit Mercy to lively college towns like Ann Arbor and the suburban charm of Rochester, homes in or near university zones have a special appeal. Why are these areas so sought-after? Below, we dive into current 2024–2025 real estate trends and the key factors (historic charm, walkability, rental potential, school access, and more) that attract everyone from first-time buyers to seasoned investors.

University…

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Downtown Detroit’s entertainment scene is getting a futuristic new addition. This week, shovels hit the ground at the corner of Monroe Street and Campus Martius as Cosm Detroit, an immersive sports and entertainment venue, officially broke ground. The ceremony drew local leaders — including Mayor Mike Duggan and City Council President Mary Sheffield — all eager to welcome this high-tech “shared reality” dome to the heart of the city. The excitement was palpable: Duggan even remarked that he had “never seen anything like it,” calling Cosm “one more reason to come down to the city of Detroit”. So, what exactly is this new immersive sports venue in Detroit, and what can locals expect once its doors open? Let’s break it down.

Mayor Mike Duggan, Facebook

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Rocket Companies – the Detroit-based fintech best known for Rocket Mortgage – recently announced a blockbuster deal to acquire Dallas-based Mr. Cooper Group for $9.4 billion in an all-stock transaction. This merger will unite Rocket, America’s largest mortgage originator, with Mr. Cooper, the nation’s largest home loan servicer. In practical terms, the combined company would be responsible for roughly one in every six U.S. home loans. For everyday mortgage borrowers, especially here in Metro Detroit, this “mega-deal” raises big questions: How might it affect my home loan, the local housing market, and the experience of buying or refinancing a home? Let’s break down the details in a neighborly, easy-to-digest way.

A Mortgage Mega-Deal Shakes Up the…

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Downtown Detroit is scoring a futuristic new attraction. Imagine enjoying a Pistons or Lions game as if you had floor seats or 50-yard-line tickets – but instead, you’re in a dome in the heart of the city. That’s the vision behind Dan Gilbert’s latest development: an innovative live sports “video dome” set to rise at Cadillac Square in downtown Detroit. This immersive sports and entertainment venue, called Cosm Detroit, just broke ground and promises to bring a “front row seat” experience of live events to our city​. In a town that bleeds sports and craves new things to do, this high-tech dome is generating buzz among Detroit sports fans, families, and real estate watchers alike.

Mayor Mike Duggan, Facebook

A High-Tech Sports Dome Rises in Cadillac…

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Detroit’s Core City neighborhood is about to get a whole lot tastier. For the first time in years, the aroma of freshly baked bagels will once again waft through the streets of this up-and-coming enclave. Beloved local chef Max Sussman – a James Beard Award-nominated talent and Metro Detroit native – is bringing his passion project, Bev’s Bagels, to a permanent shop in Core City. It’s a homecoming for both bagels and a hometown chef, and neighbors couldn’t be more excited. This development blends Detroit bagels history with the city’s ongoing revitalization, serving up a story that’s equal parts foodie fantasy and community pride.

bevsbagels, instagram

Bagels Make a Comeback in Core City

Bagels are making a comeback to Detroit’s Core City…

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Detroit’s iconic Renaissance Center (RenCen) is facing a turning point. General Motors has announced plans to relocate its headquarters from the RenCen to the new Hudson’s Site development in 2025, leaving much of the complex empty​. Once GM departs, the seven-tower complex – long a fixture of the city skyline – will be largely vacant​. This moment, while bittersweet, opens the door for exciting changes. What does life after GM look like around the RenCen? In many ways, the area’s vibrancy is poised to continue, fueled by beloved local businesses, new attractions, and ambitious redevelopment plans that have Detroiters cautiously optimistic about the future.

GM Ren Cen, Facebook

GM’s Departure and the RenCen’s Next Act

GM’s exit from the RenCen…

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Detroit’s skyline just gained a new storyline. In a move blending civic pride with real estate savvy, a Metro Detroit doctor’s investment group has purchased Tower 600 of the Detroit Renaissance Center for $9.2 million​. This 21-story high-rise – one of the RenCen’s two smaller towers – now transitions from distant corporate ownership to local hands. The sale, finalized this month, has Detroiters buzzing: not only was it won in a competitive auction with about a dozen bidders​, but the new owner has big plans to inject fresh life into the tower.

The buyer is Dr. Mahmoud Al-Hadidi, a retired pulmonologist who leads Stockbridge Enterprises, the local investment group behind the winning bid​. Al-Hadidi’s vision goes far beyond a simple ownership change.…

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Home for Sale:1285 CHAFFER Drive, Rochester Hills 48306

The Perna Team proudly presents 1285 Chaffer Drive in Rochester Hills, a stunning 4-bedroom, 2.2-bath luxury estate. This home effortlessly combines sophistication and elegance, offering the perfect retreat in one of Rochester Hills' finest neighborhoods.

1285 CHAFFER Drive, Rochester Hills 48306

 

    

The Home

This move-in-ready colonial home offers 2,873 square feet of bright, open living space. With 4 spacious bedrooms, 2 full and 2 half baths, and a partially finished basement, there's plenty of room to relax and entertain. Enjoy the expansive game room with a wet bar, perfect for gatherings and fun-filled nights. The large Pella windows flood the home with natural light,…

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Welcome to Michigan's Top Music Festivals - Video Below

Michigan, the Great Lake State, is known for many things, from the automotive industry to its rich musical heritage. However, it's not only Motown and Eminem that put Michigan on the map; the state also boasts an impressive array of music festivals that cater to a diverse range of tastes. In this article, we'll explore the top music festivals in Michigan, delving deeper into their history, unique features, and the experiences they offer to attendees. So, without further ado, let's embark on a journey through Michigan's vibrant festival scene and discover what makes each event stand out from the rest.

 

MO POP

Located in the bustling city of Detroit, Michigan, the Mo Pop Festival is…

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