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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People shopping in downtown Detroit amid retail stores
Business News

Detroit Faces Retail Challenges as City Looks to Revive Economy

News Summary Detroit is experiencing a notable shortage of retail options, a crisis that poses significant challenges for the next mayor aiming to revamp the city’s commercial landscape. Limited store availability has hindered local entrepreneurs and small businesses, while other metropolitan areas benefit from established retailers. The mayor’s focus on

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A majestic neo-Renaissance mansion in Detroit's Indian Village
Business News

Historic Mansion Listed for Sale in Detroit’s Indian Village

News Summary The historic mansion designed by renowned architect Louis Kamper has hit the market in Detroit’s Indian Village, listed for $1,999,900. With over 7,000 square feet, it features six bedrooms, five bathrooms, and has undergone over $800,000 in renovations while maintaining its historical charm. Notable architectural elements include grand

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Interior of NoMad Detroit luxury hotel
Business News

Detroit Welcomes Luxury Hotel in Historic Michigan Central Station

News Summary Detroit is preparing to welcome the NoMad Detroit, a luxury hotel that will occupy the top floors of the historic Michigan Central Station. This marks NoMad’s first U.S. property under Hilton and aims to enhance the area’s reputation as a premier destination. With approximately 180 rooms, including 30

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Rendering of Tecovas store in Michigan at Hudson's Detroit development
Business News

Detroit Welcomes Tecovas for First Michigan Store

News Summary Tecovas, the popular western-style clothing brand, is set to open its first store in Michigan at the Hudson’s Detroit development. Located at 1252 Woodward Avenue, this store will join a vibrant retail landscape. Although the exact opening date is yet to be determined, it is expected to launch

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Exterior view of Fitzgerald Banking Center in Detroit
Business News

First Merchants Bank Opens Fitzgerald Banking Center in Detroit

News Summary First Merchants Bank has inaugurated a new banking center in Detroit’s Fitzgerald neighborhood, aimed at enhancing financial access and supporting Black economic stability. This $3 million investment focuses on community partnerships and addresses financial challenges prevalent in the area. The center provides various banking services and features a

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Interior of GW Home store in Detroit featuring stylish furniture and local art.
Business News

GW Home Opens in Downtown Detroit, Featuring Local Artistry

News Summary Detroit welcomes a new retail addition with the grand opening of GW Home by Gardner White on June 6. This unique store combines stylish furniture with local artistry, offering a curated selection of premium brands and locally manufactured bedding, while actively engaging with the community. GW Home aims

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Scenic view of Detroit neighborhoods with historic architecture and community spaces.
Business News

Detroit’s Neighborhoods Shine in 2025 Revitalization

News Summary Detroit is experiencing a remarkable rejuvenation, attracting families and young professionals to its affordable, historically rich neighborhoods. In 2025, areas like Corktown, Midtown, and Indian Village have been recognized for their unique charm, showcasing a blend of historical significance and modern livability. Recent investments and community initiatives highlight

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Mural illustrating the cultural heritage of Paradise Valley in Detroit
Business News

Revitalization of Paradise Valley: A New Era for Black-Owned Businesses

News Summary Detroit is experiencing a renaissance in its historic Paradise Valley neighborhood, focusing on economic growth and community rebuilding. The new docuseries, ‘Back to Paradise: Detroit’s Historic District Reborn,’ highlights efforts to uplift Black-owned businesses while honoring the past. With projects like The Belle providing affordable housing and the

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Modern office interior of Christman Company in Book Tower
Business News

Christman Company Moves to Historic Book Tower in Detroit

News Summary The Christman Company has made a notable move to a newly restored office space in the iconic Book Tower in Detroit. Expanding from 6,000 to 10,000 square feet, this move showcases the company’s growth and commitment to being at the heart of Detroit’s revitalization. The new office features

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Rendering of the redevelopment project at Parkside Homes in Detroit
Business News

Detroit’s Historic Parkside Homes Set for Redevelopment

News Summary Detroit’s Parkside Homes, marking their legacy since the 1930s, are on the brink of a $73 million redevelopment project. This initiative, aiming to create 480 new affordable housing units, is set to revitalize the community while preserving the well-being of current residents. The project, known as The Villages

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