Real Estate & Properties

Explore the latest developments in the Detroit, MI real estate and properties market, where you can find comprehensive news and updates tailored for homebuyers, sellers, and investors. This dynamic category covers a range of topics including housing trends, market analysis, property valuations, and neighborhood insights. Stay informed about new construction projects, foreclosure listings, and the evolving landscape of residential and commercial real estate in Detroit. With valuable resources and expert opinions, this news hub is designed to empower you with the knowledge needed to navigate the local market effectively.

Dive into the robust Detroit real estate scene, featuring updates on economic influences, zoning changes, and community developments that impact property values. Discover tips and strategies for buying and selling homes, as well as insights on rental properties and investment opportunities. Whether you are looking to relocate to the Motor City or enhance your real estate portfolio, this category provides essential information on Detroit’s diverse neighborhoods, local amenities, and emerging trends. Stay connected with the latest news to make informed decisions and seize opportunities in the vibrant Detroit, MI real estate market.

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A gas station decorated for the holiday season with lower gas prices displayed.
Automotive

US Drivers Enjoy Lower Gas Prices This Holiday Season

Detroit, Michigan, December 24, 2025 U.S. drivers are benefiting from the lowest gas prices in years this holiday season, with the national average for unleaded gasoline dropping below $3 per gallon. By late December, prices averaged around $2.85 per gallon, the lowest levels seen since 2020. While state averages vary widely,

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A view of new affordable housing projects in Detroit.
Business News

Detroit Secures Funding for New Affordable Housing Projects

Detroit, December 24, 2025 Detroit has received four Low-Income Housing Tax Credit awards from MSHDA, facilitating the development of nearly 200 new affordable housing units. Key projects include Woodward + Adams, Bagley Central, Gardenview Apartments, and Gardenview Townhomes, which collectively aim to provide supportive housing for low- and moderate-income residents. These

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Grocery store aisle showcasing product price displays
Business News

Instacart Stops Price Testing Following Consumer Concerns

New York, NY, December 23, 2025 Instacart has halted its price testing program after facing significant backlash from consumers regarding pricing transparency. Launched in 2023, the program displayed varying prices for identical grocery items, which led to confusion among shoppers amid rising living costs. The decision aims to rebuild trust, allowing

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Offshore wind turbines generating renewable energy in the ocean
Business News

Trump Administration Halts Major Offshore Wind Projects

Detroit, MI, December 23, 2025 The Trump administration has suspended leases for five significant offshore wind projects along the East Coast due to unspecified national security concerns from the Pentagon. Projects affected include Vineyard Wind in Massachusetts and Coastal Virginia Offshore Wind. The suspension could lead to increased energy costs and

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Volunteers distributing gifts and groceries to families at the DABO annual giveaway event in Detroit.
Automotive

Detroit Nonprofit Delivers Holiday Cheer to Families

Detroit, Michigan, December 21, 2025 The Detroit Association of Black Organizations (DABO) recently brought joy to hundreds of families by distributing gifts and groceries during their annual giveaway event at the Bridge Center. This initiative highlights the community’s resilience and commitment to supporting those in need, especially during the challenging holiday

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Rendering of the Detroit Urban Equestrian Center with children and horses
Business News

Detroit Horse Power Breaks Ground on Urban Equestrian Center

Detroit, Michigan, December 21, 2025 Detroit Horse Power has marked a significant milestone with a beam-signing ceremony for its urban equestrian center, aimed at providing equestrian education to under-resourced youth. This transformative project located on a 14-acre site in Northwest Detroit will feature various facilities for students and is expected to

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A vibrant coworking space with people working together.
Business News

National Office Market Contraction Fuels Growth in Coworking Spaces

Detroit, MI, December 19, 2025 The national office market is experiencing a substantial contraction, with a 44% year-over-year decline in construction activity. This decline offers significant growth opportunities for coworking spaces, which have seen a 16% increase in 2025, making up 2.2% of total office inventory. Business adaptation to hybrid work

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Aerial view of DTE Energy's new data center in Saline Township, Michigan.
Business News

DTE Energy Launches Data Center Initiative in Saline Township

Saline Township, Michigan, December 19, 2025 DTE Energy has received approval from the Michigan Public Service Commission to power a 1.4-gigawatt data center in Saline Township backed by Oracle and OpenAI. The project includes financial safeguards to protect existing customers. Community concerns have emerged regarding potential environmental impacts, including wetland destruction.

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Urban landscape of Detroit showcasing neighborhoods and homes during sunrise
Business News

Mortgage Rates Drop: A Silver Lining for Detroit’s Housing Market

Detroit, MI, December 19, 2025 The recent decline in average U.S. mortgage rates to 6.21% brings new hope for homebuyers and current homeowners in Detroit. This lower rate not only makes payments more manageable but also enhances access to homeownership. Increased home sales and refinancing applications suggest a revitalization in the

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Professionals in a board meeting discussing strategies at Walsh College
Business News

Walsh College Welcomes New Board Members to Strengthen Leadership

Detroit, Michigan, December 19, 2025 Walsh College has appointed two new members to its Board of Trustees, Paul Mersino and Haroon Bhatti. Mersino, president of Emagine Entertainment, and Bhatti, a successful entrepreneur in technology and finance, bring valuable expertise to enhance the college’s ties with the Southeast Michigan business community. This

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