Posts with tag Detroit real estate

America's Most and Least Affordable Cities to Buy a Home

By Michael B. Sauter After years of weak housing markets, home sellers are hopeful that this spring's homebuying season will finally lift prices. In positive news, RealtyTrac reported in March that national foreclosures fell to their lowest levels in five years. Unfortunately, the number of homes that received... Continue Reading »

101-Year-Old Woman Evicted in Foreclosure

DETROIT -- A 101-year-old woman was evicted from the southwest Detroit home where she lived for nearly six decades, after her 65-year-old son failed to pay the mortgage. Texana Hollis was evicted Monday and her belongings were placed outside the home. Her son, Warren Hollis, said that he didn't pay the bill for several... Continue Reading »

Man Makes Marriage Proposal at Mortgage Lender's Office

Closings and beginnings... Whatever happened to a romantic evening under the stars as the logical setting to pop the question? Chase Bank mortgage officer Greg Valentino was working on the title paperwork with a couple of homebuyers in Columbus, Ohio, when he asked them if he should list the owners as "single man" and... Continue Reading »

House of the Day: Detroit Gem in Need of Polishing

Flipping through the Detroit MLS these days produces some sad-trombone listings, but we keep coming back to a 10,395-square-foot baronial Tudor listed for $759,000. Since not even the Motor City can stay woeful forever (that's our inner Pollyanna speaking), we decided to feature what appears to be a steal. Yes, it is in... Continue Reading »

Prominent Congressman's Home an Eyesore

Add this to the list of "made in Detroit": a longtime congressman who let his house become a neighborhood eyesore. Ah, Detroit -- a city with such promise, at least if Super Bowl car ads and Eminem are to be believed. But there's always a kick in the tires, it seems, for the Motor City. This one comes from Democratic... Continue Reading »

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