Buying a home is cheaper than renting in only 4 U.S. cities
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
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The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
With all-cash offers, there's less chance of a sale falling through and usually a faster closing.
The gap between renting an owning is the largest it's been in more than 15 years, an industry analysis found.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Federal officials say Sean Tissue faces a maximum of 20 years in prison for wire fraud and five years for bankruptcy fraud.
A Ferndale home has hit the market, and let's just say, this one is unique.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
The Cleveland, Ohio-based home was last bought on eBay in 2004, but has undergone a "massive renovation" since.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
Uri Rafaeli is a retired engineer who lost his home for not paying his property taxes in full. He owed $8.41, and yes that is correct, he lost his home for about the price of a movie ticket.
What should be a high right now in the housing market, Detroit is leading the nation in the decline of home sales.
The website Insurify just released a list of the up and coming cities across the country who have the most promise for home values. The city in Michigan that made the list you might find surprising.
As they say, in real estate it's all about location. A tiny little shack next to a landfill may be worthless, but on Malibu Beach could be worth millions. Detroit rated highest in America in what $250K buys in square footage compared to other cities across America.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating apartment rentals in Detroit with a budget of up to $900/month.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating affordable apartments in Detroit for a budget of up to $1,000/month.
We've rounded up the latest places for rent to get a sense of what to expect when it comes to locating affordable apartments in Detroit if you've got a budget of up to $1,200/month.
The priciest rental listing on the market in Detroit costs $3,240/month. As absurd as it may seem, it's not the only high-end listing in the city. But what glamorous features do renters get for these exorbitant prices?
According to rental site Zumper, median rents for a one-bedroom in Detroit are hovering around $675. But how does the low-end pricing on a Detroit rental look these days — and what might you get for the price?
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to scoring affordable apartments in Detroit if you're on a budget of up to $900/month.
The uncertainty of COVID-19 and Governor Whitmer's Executive Orders shutting down the state have hit the Metro Detroit real estate market hard. However not in ways one would expect.
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense of what to expect when it comes to affordable apartments in Detroit for a budget of $1,300/month on rent.
So how does the pricing on a Downtown Detroit rental look these days — and what might you get for your money?
Curious just how far your dollar goes in Detroit? We've rounded up the latest places for rent to get a sense for locating apartment rentals in Detroit if you don't want to spend more than $1,400/month on rent.
Need a budget-friendly new spot? We took a look at local listings for studios and one-bedroom apartments in Detroit to find out what budget-minded apartment seekers can expect to find.
A former federal prosecutor says nothing is barring Attorney General Dana Nessell from conducting an independent investigation into Oxford High School Shooting.
Video captured when a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The annual event, which will be held from 10 a.m. to 2 p.m. on Thursday, will offer turkeys, hams, pies, produce and more.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Both players surprised fans at a Detroit youth center at The Yunion's annual turkey drive.
A former federal prosecutor says nothing is barring Attorney General Dana Nessell from conducting an independent investigation into Oxford High School Shooting.
Video captured when a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The annual event, which will be held from 10 a.m. to 2 p.m. on Thursday, will offer turkeys, hams, pies, produce and more.
With the third anniversary of the Oxford High School shooting approaching, the parents of the victims are demanding a state-led independent investigation.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.
Earlier this week, the automaker announced that it was indefinitely laying off 1,100 union-backed workers at its Toledo South Assembly Plant.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Tickets go on sale Friday, November 22 at 10 a.m.
"America demanded it and now it's happening: Taco Bell's new Cheesy Chalupa Supreme. In other news, I'm hosting the Oscars," Conan O'Brien said.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Some Arab Americans are expressing concern over Donald Trump's picks for key positions in his next administration.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
In September, nurses submitted cards of interest to the National Labor Relations Board, which then approved the right to hold a formal vote
The FDA's Dr. Peter Marks says he hopes to keep his job under a second Trump term, and urges Robert F. Kennedy Jr. to "keep an open mind."
U.S. Consumer Product Safety Commission issues urgent safety alert after ninth recall of adult bed rails in three years.
The DOJ has notified the Michigan Department of Health and Human Services and the Michigan State Attorney General's Office of the investigation.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
Both players surprised fans at a Detroit youth center at The Yunion's annual turkey drive.
The Detroit Lions are on fire this season, and they are setting records along the way.
The Lions are off to their best start since 1934. As of Monday afternoon, BetMGM's Super Bowl 59 odds have Detroit at +310.
The Minnesota Frost take on the New York Sirens on Sunday, March 16 at 7:30 p.m. at Little Caesars Arena.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Trump and Harris and their anointed representatives continue to make campaign stops in Detroit, Grand Rapids, Flint and other places in Michigan, a critical battleground state.
Highland Park is updating residents on plans for new water meters. Council members on Monday passed a motion on three separate resolutions regarding the installation of those new meters.
Former federal prosecutor Rick Convertino says nothing is barring Michigan Attorney General Dana Nessel from conducting an independent investigation into Oxford High School Shooting.
A Michigan ballet company is asking for the public's help to save Christmas after a trailer with its "Nutcracker" props was stolen over the weekend. Video captured the moment a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The Motor City Cruise will be hosting a coaches clinic on Saturday, Nov. 23. Associate head coach Marcus Stout joined CBS News Detroit to discuss the upcoming event.
Ford Motor Company is facing new fallout over multiple recalls. U.S. auto regulators announced two investigations days after fining the automaker $165 million. Paul Eisenstein, editor-in-chief of Headlight.News, joined CBS News to weigh in.