Built-to-rent communities are a rising U.S. housing market trend
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
Watch CBS News
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
As climate change whips up wilder weather, more Americans must deal with "hazards they have not faced in the past," expert says.
To become a homeowner is the ultimate American dream and one program in Detroit is giving residents that once in a lifetime opportunity.
The University of Michigan Poverty Solutions study found that found that the net housing value for Black homeowners grew from $3.4 billion in 2014 to $6.2 billion in 2022, an 80% increase.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
More than 300 people in Detroit have become homeowners for the first time after getting help from the city's down payment assistance program.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Detroit homeowners who need help paying for their annual property taxes have until Dec. 11 to apply to the HOPE program to try and qualify for a full or partial property tax exception for 2023, according to a City of Detroit.
More than ever, having enough insurance coverage is essential. But not all policies cover every type of extreme weather event.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
Addressing the wealth gap in any community starts with building neighborhoods and one strong anchor is homeownership.
In total, 70 homes were purchased and renovated for participating families.
The program offers $2,500 to low-income residents for home repairs in The Villages community of Detroit's east side.
City officials say the program is to help residents who lost their homes to foreclosure but never left, were victims of real estate and landlord fraud or have another significant connect to the home.
Utah's Jordan Clarkson has been fined $35,000 by the NBA, and Detroit's Ron Holland II and Paul Reed were also penalized for their roles in an altercation between the Jazz and Pistons.
Trinidad Chambliss threw for three touchdowns and ran for two more as second-seeded Ferris State routed top-seeded Valdosta State 49-14 for its third NCAA Division II championship.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
Authorities in Wixom are asking for help identifying a man in connection with a robbery reported at the Chillbox gas station early Saturday.
The Redford Union School District has launched a new program offering laundry services and essential foods for underserved families.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
The Redford Union School District has launched a new program offering laundry services and essential foods for underserved families.
Christmas Eve is Tuesday, but it's already been a busy time at Detroit Metro Airport with families beginning their holiday travels.
Leaders at the University of Michigan, including the school's president, are among those named in the federal lawsuit.
Despite it being the shortest day of the year, Detroit's latest sunrise and earliest sunset do not arrive on the winter solstice. Our earliest sunsets are actually already in our recent past.
Organizers announced earlier this year that the show was returning to its traditional January slot after taking place in the fall in recent years.
The grants are in addition to the $1.8 million that Stellantis provided for home repairs to 120 homeowners on the east side in 2020 and 2021.
Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so it is bringing back an executive who retired this year when CEO Carlos Tavares was still running the company.
In Metro Detroit, gas prices continue to fall. Motorists are filling up for an average of $2.96 per gallon.
As we prepare for the winter season, getting your car ready for its quick or long trek can make all the difference.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
The duo will host their podcast at 8 p.m. on March 28 at the Fox Theatre.
The New York Times named the Lebanese Sundae at Leila and the ham sandwich at Mike's Famous Ham Place as two of "The 26 Best Dishes We Ate Across the U.S. in 2024."
Detroit Diamond put her skills on display as a finalist in the Netflix series "Rhythm + Flow," and her career is starting to take off.
Among the 25 films selected by the Library of Congress to be preserved for future generations are the Coen Brothers' "No Country for Old Men," "The Social Network," Cheech & Chong's "Up in Smoke," and "The Texas Chainsaw Massacre."
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Health officials say the number of cases has already surpassed 1,500, 2.5 times more than in 2019.
Wayne County is erasing $27 million in medical debt for more than 46,000 county residents.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
A court in Hazel Park is aiming to treat people with substance abuse while keeping them out of prison.
Utah's Jordan Clarkson has been fined $35,000 by the NBA, and Detroit's Ron Holland II and Paul Reed were also penalized for their roles in an altercation between the Jazz and Pistons.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
The Michigan native says he made the decision in July during the Detroit Tigers season.
Reports say Montgomery consulted medical experts over the last few days and is hopeful that he'll return for the playoffs.
Mary Tyler Moore turned the world on with her megawatt smile as she starred in the iconic "Dick Van Dyke" and "Mary Tyler Moore" shows a generation ago.
The roundtable talked politics and focused on blockbuster news that Detroit Mayor Mike Duggan would run for governor in 2026 but as an independent candidate.
President-elect Donald Trump campaigned with talk of ending the $7,500 electric vehicle tax credit which has helped fuel sales.
The 98th Annual America's Thanksgiving Parade will roll through the streets of downtown Detroit this Thursday, with hundreds of thousands lining Woodward Avenue as six new floats make their debut.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
Warmer temperatures and some rain and snow on the way.
The Kwanzaa kinara honors the communities, cultures and heritage of African Americans.
Detroit Tigers Manager A.J. Hinch paid tribute to his former teammate Rickey Henderson following the news of his passing Saturday.
Despite a growing number of injuries for the Detroit Lions, hall of fame running back Barry Sanders still believes the team has what it takes to make it all the way.
The Taylor Winterfest Holiday Stroll at the Heritage Park Petting Farm includes carolers, holiday displays and appearances from Mr. and Mrs. Claus.