Recent Detroit Housing News

Herb Strather Spends $3.1 Million For 6350 Mostly Dilapidated Detroit Properties
detroithousingmarket.com
Developer Herb Strather was the sole bidder for a bundle of 6,350 mostly dilapidated and vacant tax-foreclosed Detroit properties during an online auction that ended Tuesday afternoon, Christine MacDonald reports in The Detroit News. Strather and his ... [...]
17
Like
Save
Detroit property auction winner has outstanding liens
detroithousingmarket.com
Herb Strather was the sole and winning bidder of a bundle of 6,350 mostly dilapidated and vacant tax-foreclosed Detroit properties during an online auction that ended Tuesday afternoon. (Photo: David Coates , The Detroit News ) ... [...]
3
Like
Save
High-demand multifamily rental market spreads to suburban spaces
detroithousingmarket.com
It's not just downtown and Midtown where demand for multifamily space is high and rents are rising. The inner ring suburbs in Oakland, Wayne and Macomb counties continue to have low vacancy rates, increasing rents and strong interest in investment ... [...]
14
Like
Save
Barbat Holdings Volunteers for Angels' Night Help in Detroit
detroithousingmarket.com
WEST BLOOMFIELD, Mich.--(BUSINESS WIRE)--Barbat Holdings, LLC, a major force in Detroit real estate, has been invited by the city to aid in keeping Detroit safe during the annual Angels' Night campaign from October 29-31. The company has gladly ... [...]
16
Like
Save
Metro Detroit Condos For Sale
detroithousingmarket.com
www.MetroDetroitCondosForSale.com Metro Detroit Condos For Sale. [...]
13
Like
Save
Share “BC-MI–Michigan News Coverage Advisory…”
detroithousingmarket.com
Good morning! Here's a look at how AP's general news coverage is shaping up today in Michigan. Questions about today's coverage plans are welcome, and should be directed to the AP-Detroit bureau at 800-642-4125 or 313-259-0650 or ... [...]
4
Like
Save
Detroit developer buys 6350 lots for $3.1M
detroithousingmarket.com
Detroit – — Developer Herb Strather was the sole and winning bidder of a bundle of 6,350 mostly dilapidated and vacant tax-foreclosed Detroit properties during an online auction that ended Tuesday afternoon. Strather and his partners in the company ... [...]
9
Like
Save
Meet The Guy Who Just Bought More Than 6000 Neglected Properties In Detroit
detroithousingmarket.com
More: Blight Bundle Detroit Blight Bundle Herb Strather Detroit Abandoned Buildings Abandoned Detroit Detroit Foreclosure Detroit Real Estate Detroit Blight. Suggest a correction. Around the Web. A Mystery Bidder Offers $3 Million for 6000 of Detroit's ... [...]
2
Like
Save
Fifth Third Bank plans to move some Michigan workers to downtown Detroit from …
detroithousingmarket.com
Rhonda: QUIETLY, DAY IN AND DAY OUT, DETROIT PROPERTIES ARE BEING FILLED WITH NEW BUSINESSES, RESTAURANTS, SHOPS, BOUTIQUES. AND NOW BEDROOM REAL ESTATE ANNOUNCED FIFTH THIRD BANK IS MOVING INTO THE ... [...]
14
Like
Save
Fifth Third Bank moving 150 employees downtown, with prime naming rights part …
detroithousingmarket.com
The region's sixth-largest bank announced this morning, along with Dan Gilbert and Detroit Mayor Mike Duggan, it will be moving more than 150 full-time employees into a new regional headquarters in Gilbert's One Woodward building, which will be renamed ... [...]
8
Like
Save
Bidder buys 6365 Detroit properties at auction
detroithousingmarket.com
Strather is a Detroit Real Estate businessman who often leads seminars on urban development and real estate investments. Copyright 2014 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. [...]
16
Like
Save
Good news for 946000 home owners
detroithousingmarket.com
After a career in investment banking from London to Singapore to Boston, 20-year Marblehead resident Andrew Oliver is focusing on his passion: real estate, and making detailed information and analysis available to all. Andrew has authored eight semi- . [...]
11
Like
Save
Bargain Homes In Detroit: Mansions For A Song
detroithousingmarket.com
Bargain homes are selling for under $200000 in Detroit. Mansions are selling for way under $400000 apiece. Take a look at real estate in this part of. [...]
19
Like
Save
Rochelle Riley: 'If Only the Children of Detroit Were Pieces of Art'
detroithousingmarket.com
Featured_question-mark-300x300_14633 · Who Would Bid $3.2 Million for 6,000-plus Foreclosed Detroit Properties? - Bloomberg Businessweek · Featured_detroits-arena-district-poised-to-re-energize-detroit_14384 · Two Party Stores And Fire-Scarred ... [...]
13
Like
Save
Detroit Finds Itself on Famed Buzzfeed.com, Noting Thriving Businesses in …
detroithousingmarket.com
Own It Detroit is comprised of seasoned Detroit real estate investors and property owners who are looking to help others invest in the city. All properties they sell must pass a vigorous 110-point inspection and carry a one year warranty. Own It ... [...]
7
Like
Save
Detroiter says he's behind $3M bid for blighted land
detroithousingmarket.com
Detroit – — Real estate developer Herb Strather says he's the leader of an anonymous group of investors who bid $3 million for a bundle of 6,350 mostly dilapidated and vacant tax-foreclosed Detroit properties. The bid came this month in Wayne County's ... [...]
12
Like
Save
Corktown residents battle train depot blight | The Detroit News
detroithousingmarket.com
The Michigan Central Depot has long been an attraction for tourists, artists and curious locals, as this sign posted by a guerrilla artist indicates. Neighborhood activists say the owner, Detroit International Bridge Co., has been ... [...]
12
Like
Save
Why Apple (AAPL) Stock Is Down Today
detroithousingmarket.com
NEW YORK (TheStreet) -- Shares of Apple (AAPL) fell 2.03% to $99.68 in morning trading Thursday after the tech giant pulled its iOS 8.0.1 update after numerous complaints from iPhone 6 and iPhone 6 Plus users. The update reportedly caused drops in ... [...]
2
Like
Save
Who Would Bid $3.2 Million for 6000-plus Foreclosed Detroit Properties?
detroithousingmarket.com
Karen Weise of Bloomberg Businessweek reports that an unidentified person has bid $3.2 million for more than 6,000 foreclosed properties up for auction in Detroit. The publication writes: The cost of dealing with the many blighted buildings included in ... [...]
16
Like
Save
Varnum to add Detroit office to Novi presence
detroithousingmarket.com
Downtown Detroit real estate has proven attractive for several out-of-town law firms in the past two years. Chicago intellectual property law firm Brinks Hofer Gilson & Lione PC, which maintains an office in Ann Arbor, opened a Detroit office in River ... [...]
12
Like
Save
Embattled BlackBerry launches new large screen, square sized smartphone
detroithousingmarket.com
Anonymous Bidder Wants to Buy 6K Detroit Properties · Guy Beat by Police Gets $1K, Lawyers Get $459K · Fist-Sized Gold Nugget Goes Up for Sale · Why Venezuelans Are Scanned Before Buying Milk · Cigarette Giant Reynolds: No More Smoking at Work. [...]
2
Like
Save
UPS: 2 workers killed in shooting at Alabama package processing plant were …
detroithousingmarket.com
Anonymous Bidder Wants to Buy 6K Detroit Properties · Guy Beat by Police Gets $1K, Lawyers Get $459K · Fist-Sized Gold Nugget Goes Up for Sale · Why Venezuelans Are Scanned Before Buying Milk · Cigarette Giant Reynolds: No More Smoking at Work. [...]
6
Like
Save
Billion-dollar development philosophies: Gilbert quick to the punch; Ilitch …
detroithousingmarket.com
Gilbert's appetite for Detroit real estate has been insatiable since 2010 — when he moved Quicken from offices in Livonia, Farmington Hills and Troy to Campus Martius. The contrast is stark since Gilbert's arrival. In the early 1990s, nearly 50 ... [...]
15
Like
Save
Owners of three properties in new Red Wings district refuse to sell
detroithousingmarket.com
DETROIT - The Ilitch Organization already owns dozens of properties along the Cass Corridor in Detroit's Midtown in preparation to build the $650 million sports and entertainment district dubbed, “District Detroit.” But the owners of at least three ... [...]
7
Like
Save
Anonymous Bidder Wants to Buy 6K Detroit Properties
detroithousingmarket.com
(Newser) – Someone in Detroit really wants the city's rundown residences—thousands of them. A mystery bidder has offered $3.2 million to scoop up a huge batch of foreclosures (many of them due to owed taxes) in an open auction held by Wayne County, ... [...]
19
Like
Save
Princeton Enterprises pays $1.2M for 37-unit Midtown apartment building
detroithousingmarket.com
Memo reveals major newsroom changes coming at the Detroit Free Press · Michigan State to launch major fundraising campaign · Detroit Medical Center to outsource housekeeping services to Sodexo. Topics in this article: Detroit Real Estate. October 24 ... [...]
7
Like
Save
A Mystery Bidder Offers $3 Million for 6000 of Detroit's Worst Homes
detroithousingmarket.com
Three million dollars can barely buy a new townhouse in Brooklyn these days, but it could be enough to purchase a bundle of more than 6,000 foreclosures up for auction in Detroit. The cost of dealing with the many blighted buildings included in the ... [...]
5
Like
Save
$50000 reduction on this Sophisticated Marblehead home
detroithousingmarket.com
After a career in investment banking from London to Singapore to Boston, 20-year Marblehead resident Andrew Oliver is focusing on his passion: real estate, and making detailed information and analysis available to all. Andrew has authored eight semi- . [...]
20
Like
Save
One-fifth Of Detroiters Could Lose Their Homes To Foreclosure
detroithousingmarket.com
With half of those Detroit properties estimated to be occupied, this means a further 115,000 Detroiters might lose their homes next year. In a city supposedly trying to attract residents rather than lose them, this means a potential 142,000 Detroiters ... [...]
2
Like
Save
Homes.com® Partners with Four Prominent MLS Organizations
detroithousingmarket.com
Austin Homes for Sale · Charlotte Homes for Sale · Chicago Homes for Sale · Columbus Homes for Sale · Dallas Homes for Sale · Detroit Homes for Sale · El Paso Homes for Sale · Fort Worth Homes for Sale · Houston Homes for Sale · Indianapolis Homes for ... [...]
17
Like
Save
Victor Corporate Center in Livonia sells for $51M; second-largest office deal …
detroithousingmarket.com
Victor Corporate Center in Livonia sells for $51M; second-largest office deal this year · Video: U.S. Navy christens USS Detroit · Memo reveals major newsroom changes coming at the Detroit Free Press. Topics in this article: Metro Detroit Real Estate. [...]
7
Like
Save
Fashion icon John Varvatos to open Detroit store in 2015
detroithousingmarket.com
Over 60 downtown Detroit properties are affiliated with Gilbert, who moved the Quicken Loans headquarters and thousands of employees to downtown Detroit in 2010. Varvatos' 4,000 square foot store, to be located at 1500 Woodward Avenue, will feature all ... [...]
17
Like
Save
One-Fifth of Detroit's Population Could Lose Their Homes
detroithousingmarket.com
With half of those Detroit properties estimated to be occupied, this means a further 115,000 Detroiters might lose their homes next year. In a city supposedly trying to attract residents rather than lose them, this means a potential 142,000 Detroiters ... [...]
7
Like
Save
Menswear designer John Varvatos to open first Midwest store at 1500 Woodward
detroithousingmarket.com
Ford subsidiary to shutter plant by December; 257 employees face layoffs · Small programs, big ideas: 8 groups with limited resources make mark in Detroit. Topics in this article: Dan Gilbert Detroit Real Estate Retail. Originally Published: October 22 ... [...]
4
Like
Save
$3M bid placed on bundle of 6350 foreclosed properties
detroithousingmarket.com
Detroit — Someone has placed a bid of more than $3 million for 6,350 foreclosed Detroit properties that have been bundled together by the Wayne County Treasurer's Office. Mayor Mike Duggan and Treasurer Raymond Wojtowicz put the mostly dilapidated ... [...]
7
Like
Save
Billion-dollar philosophies: Gilbert quick to the punch; Ilitch opts for slow …
detroithousingmarket.com
Gilbert's appetite for Detroit real estate has been insatiable since 2010 — when he moved Quicken from offices in Livonia, Farmington Hills and Troy to Campus Martius. The contrast is stark since Gilbert's arrival. In the early 1990s, nearly 50 ... [...]
10
Like
Save
Metro Detroit real estate prices surge as many residents move to suburbs …
detroithousingmarket.com
Detroit - Here, we learn from Metro Property Group Detroit about the future of home sales in the region. Since the 1950s, when Detroit's population peaked at about 1.9 million, the suburbs have been mostly taking population (or the city giving ... [...]
3
Like
Save
Homes.com® Expands Rental Inventory with AppFolio …
detroithousingmarket.com
Austin Homes for Sale · Charlotte Homes for Sale · Chicago Homes for Sale · Columbus Homes for Sale · Dallas Homes for Sale · Detroit Homes for Sale · El Paso Homes for Sale · Fort Worth Homes for Sale · Houston Homes ... [...]
20
Like
Save
Detroit to Demolish Arena, Give Land to Creditor
detroithousingmarket.com
Once marred by high vacancy and low prices, Detroit real estate has heated up in recent months, driven by renovations of long-vacant buildings and new buyers including Chinese companies. There are also several major construction projects under way, ... [...]
6
Like
Save
Former Compuware division Lochbridge to move out of HQ and into 150 W …
detroithousingmarket.com
Lochbridge, Compuware Corp.'s former professional services division, is moving into the 150 W. Jefferson building. Related links. Compuware board OKs Covisint distribution. Lochbridge, Compuware Corp.'s former professional services division, is moving ... [...]
17
Like
Save
Mark & Dave: Suspended animation? Try Richardson's campaign ads
detroithousingmarket.com
No lie, Detroit's real estate market has plunged so low that homes are being sold for anywhere from $2,500 to $3,000. One owner listed his home in exchange for a new iPhone. According to the real estate tracker Zillow, your monthly home mortgage would ... [...]
5
Like
Save
City Place Apartments Claims to Have "Luxury Suites"
detroithousingmarket.com
We need to talk about the definition of "luxury" in Detroit real estate. City Apartments' Craigslist add promises "NEW LUXURY SUITES next to Lafayette Park," but is only correct about the park-adjacent location. Just because the building has a fitness ... [...]
2
Like
Save
Princeton buys 4 downtown Detroit buildings for retail, residential
detroithousingmarket.com
10 restaurants that tell Detroit's comeback story · How metro Detroit hospitals are preparing for possibility of first Ebola patient · Mayor Duggan apologizes for graffiti tickets. Topics in this article: Detroit Real Estate. Originally Published ... [...]
13
Like
Save
Detroit to Demolish Arena, Give Land to Creditor in Bankruptcy Case
detroithousingmarket.com
Once marred by high vacancy and low prices, Detroit real estate has heated up in recent months, driven by renovations of long-vacant buildings and new buyers including Chinese companies. There are also several major construction projects under way, ... [...]
17
Like
Save
National anthem turns 200: Hear the most iconic renditions of 'Star-Spangled …
detroithousingmarket.com
It's been 200 years since Francis Scott Key wrote the words that, to this day, unite a nation. "The Star-Spangled Banner" is performed everywhere from middle school assemblies to the Super Bowl. And while everyone tries their best to do it justice ... [...]
20
Like
Save
Study: Waist-height ratio key to long life
detroithousingmarket.com
In a study, researchers from City University London looked at two decades' worth of data from about 300,000 adults. They say your waistline measurement should be no more than half your height in order to live a prolonged life. According to their ... [...]
18
Like
Save