Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Watch CBS News
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.
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 finding apartments in Detroit if you're on 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 via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to scoring affordable apartments in Detroit if you don't want to spend more than $2,400/month on rent.
Curious just how far your dollar goes in Detroit? Take a peek at what rentals the city has to offer, below. (Note: Prices and availability are subject to change.) We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to locating apartment rentals in Detroit if you've got up to $2,100/month earmarked for your rent.
What would life be like if money wasn't a concern? News flash: There are apartments on the market in Detroit for $3,390/month. Read on to explore just how select are the features, given these high prices. We took a peek at local listings in Detroit via rental websites Zumper and Apartment Guide to identify the city's most glamorous listings.
A 34-year-old motorist is in custody after the Michigan State Police said they led law enforcement on a chase through Wayne County Saturday night.
A 28-year-old man has been sentenced after an alleged Facebook photo posted last September depicted a Michigan judge in a coffin, according to the Macomb County Prosecutor's Office.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Police in Detroit are investigating after they say a woman was found dead on a street on the city's north side Sunday evening.
More than a dozen passionate Washington Township residents stood on a bridge near 26 Mile Road to raise awareness about a proposed data center on Sunday.
Police and loved ones are looking for a 25-year-old Wyandotte, Michigan, man who family says was declared missing on Friday.
More than a dozen passionate Washington Township residents stood on a bridge near 26 Mile Road to raise awareness about a proposed data center on Sunday.
Police in Detroit are investigating after they say a woman was found dead on a street on the city's north side Sunday evening.
Two police officers in Highland Park, Michigan, were injured in a crash involving two of the city's own patrol cars, the Michigan State Police said Sunday morning.
A 34-year-old motorist is in custody after the Michigan State Police said they led law enforcement on a chase through Wayne County Saturday night.
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Team USA defended its Olympic figure skating team event gold medal on Sunday after Ilia "Quad God" ushered the team to victory at the Milan Cortina 2026 Winter Olympics.
The Seattle Seahawks defeated the New England Patriots Sunday to win the 2026 Super Bowl.
Republicans and Democrats in Congress are locked in a standoff over reforming the nation's immigration enforcement operation as a deadline to reach a resolution and fund the Department of Homeland Security approaches.
Lindsey Vonn, who came out of retirement to compete in the Milano Cortina Games, is in stable condition after her crash.
Savannah Guthrie released a new video on Saturday, saying her family is willing to pay for the safe return of their mother.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Team USA defended its Olympic figure skating team event gold medal on Sunday after Ilia "Quad God" ushered the team to victory at the Milan Cortina 2026 Winter Olympics.
The Seattle Seahawks defeated the New England Patriots Sunday to win the 2026 Super Bowl.
President Trump criticized Team USA freestyle skier Hunter Hess after he and other American athletes at the 2026 Winter Olympics shared their thoughts on U.S. politics.
Lindsey Vonn, who came out of retirement to compete in the Milano Cortina Games, is in stable condition after her crash.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
25-year-old Tyler Bojanowski, of Wyandotte, Michigan, remains missing. His family is looking for him.
Looking at a quiet start to the week with Partly sunny skies today, with a high near 24. Wind chill values as low as -5. East southeast wind around 6 mph. There will be a chance for light freezing rain and sleet tonight, mainly north of the Interstate 69 corridor. Temperatures will warm to near 40 Tuesday, then colder temperatures and dry weather will prevail through the end of the week.
The Detroit Pistons flew to Charlotte on Sunday to kick off their last two road games before the all-star break. President of Basketball Operations Trajan Langdon said his goal is to have two-way breakout star Daniss Jenkins rostered by Monday. The guard wants everyone to remember that he went undrafted.
The Washington Township Board of Trustees earlier this month asked the planning commission to review a zoning ordinance related to a planned data center. Many in the area say they don’t want the project to go through. Veronica Ortega has their story.
A mother is desperate to find her 25-year-old son who went missing from Wyandotte on Thursday. She said she last saw him at their home before he left to visit friends.