Another historic building in Midtown Detroit is getting a new lease on life thanks to a multi-million dollar investment from its new owners. The former Milner Arms apartment building, now known as The Hamilton, is currently in the process of undergoing a $12 million renovation that is scheduled to be complete in the fall of… Read more »
Category: Real Estate
Detroit Offers Educators a 50 Percent Discount on Housing
It can be difficult to buy a home on a teacher’s salary, but this year the city of Detroit made it a little easier for educators to find affordable housing. Recently, Mayor Mike Duggan announced that local educators can now take advantage of a program which grants steep discounts to city employees who buy homes… Read more »
Inventory Decline Drives up Housing Prices in Metro Detroit
If you’ve been keeping an eye on the housing market in Detroit this year, you may have noticed a surprising upward trend in housing prices across the region. According to the Detroit Free Press, housing prices in August were up 7.2 percent compared to the same time last year. Furthermore, housing prices were up by… Read more »
Foreclosure Rates Finally Fall Below Pre-Recession Levels
The statistics released by ATTOM Data Solutions show that there were more than 230,000 foreclosure filings through the first three months of 2017 in the U.S., And while that might seem like a high number, it actually represents an 11 percent dip from the final quarter of 2016 and a 19 percent dip when compared… Read more »
Investing in Real Estate? Consult Us First!
Are you buying or selling a commercial or residential property? Don’t make a purchasing decision without consulting the team at The Law Offices of Aaron D. Cox PLLC first to ensure that the process goes smoothly and free of legal complications. There are many reasons as to why you shouldn’t go through the process of… Read more »