2024 Detroit Home Prices: Surpassing the National Norm
Tuesday, August 20
Source: Scott Webb on UnsplashThe Motor City is experiencing a resurgence, and with it comes a notable uptick in home prices. In fact, it’s now on the leaderboard as one of the fastest-appreciating markets in all of America. As stakeholders in the Detroit real estate scene, landlords must stay in...
Monthly Mortgage Payments vs Rent Trends in the US Since 2000
Thursday, August 08
Since the year 2000, both renting and purchasing a home in the US have become more expensive, but their rates of increase have diverged significantly. Mortgage payments have experienced significant fluctuations due to economic events like the Dotcom bubble burst, the financial crisis of 2007-8, ...
Rental Bubble Bursting? What Landlords Should Do to Combat Falling Ren
Tuesday, July 30
Source: Erik Mclean on Unslpash You might have caught wind of Redfin's latest report, titled, "The tide turns for renters," which noted a 2.1% drop in US median asking rent from last year. It's the biggest dip since February 2020, primarily fueled by the remote work boom and housing supply short...
Investor News: $3B Investment Coming to Detroit
Tuesday, July 30
Source: Austin Distel on Unsplash Exciting news is on the horizon for the Motor City, and it's not just about cars and music. Detroit's New Center area is poised for a transformative $3 billion collaborative development involving key players such as Henry Ford Health, the Detroit Pistons, and Mi...
Detroit is the Fastest-Appreciating Market in the US Right Now
Tuesday, July 23
Source: Vu Anh on UnsplashThe real estate forecast for 2024 isn't looking like sunshine and rainbows. The bubble finally popped, and property values across the US plummeted with a single caveat: Detroit. Instead, Detroit is making more than just a comeback. It's leading the pack as the fastest-a...
The 2024 NFL Draft and What it Means for Detroit
Tuesday, July 23
From April 25-27, Downtown Detroit was in the spotlight as the 2024 NFL Draft, presented by Bud Light, took center stage. We hit the streets to soak in the Draft Day festivities and captured it all on video: https://logicalpm.com/wp-content/uploads/2024/06/Detroit-Vid... Hopefully, you’ll catch ...