Many financial institutions are bullish about Detroit home market trends

Many financial institutions are bullish about Detroit home market trends

Interest and investments in Detroit’s neighborhoods are rising. Whether it’s immediately evidenced on your block or somewhere just “around the corner,” it is, indeed, welcome news that recovery is on the horizon. Although financial institution executives offer differing opinions on the top issues and impediments that hinder Detroit’s real estate market, there is 100 percent […]

Re-creating Communities: Comerica’s $5 Million investment will help restore neighborhoods

Re-creating Communities: Comerica’s $5 Million investment will help restore neighborhoods

In his role as a Comerica Bank’s community reinvestment manager, Michael (Mike) Cheatham knows a lot about supporting neighborhoods, but in his role as a son, he worries about his dad’s comfort. Cheatham, vice president of corporate compliance and community reinvestment, helps to guide Comerica’s efforts to support Michigan’s low-to-moderate income communities. “There’s help out […]

Uptick in Detroit home sales in 2016, even bigger gains coming

Uptick in Detroit home sales in 2016, even bigger gains coming

Real estate brokers like Austin Black II are happily working near 24/7 these days. The owner of City Living Detroit, a full-service real estate brokerage, reports that his biggest challenge is meeting ever increasing demand for housing stock in the city. “The properties continue to get scarcer, even as prices rise to stratospheric levels in some […]

Many financial institutions are bullish about Detroit home market trends

Many financial institutions are bullish about Detroit home market trends

Interest and investments in Detroit’s neighborhoods are rising. Whether it’s immediately evidenced on your block or somewhere just “around the corner,” it is, indeed, welcome news that recovery is on the horizon. Although financial institution executives offer differing opinions on the top issues and impediments that hinder Detroit’s real estate market, there is 100 percent […]