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Crazy housing market continues in metro Detroit with no end in sight

Crazy housing market continues in metro Detroit with no end in sight
wxyz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxyz.com Daily Mail and Mail on Sunday newspapers.

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May housing stats show high prices, fast sales and no letup

May housing stats show high prices, fast sales and no letup
candgnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from candgnews.com Daily Mail and Mail on Sunday newspapers.

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Corktown home sold fast, above asking price

Corktown home sold fast, above asking price
Karen Dybis
Chris Gerard
This chamer on Church Street in Corktown garnered 40 showings, 14 bids and a sale price nearly $100,000 over its asking price.
Forty showings over four days with 14 bids including many all-cash offers and the Corktown charmer on Church Street ended up selling for nearly $100,000 over its asking price in a residential real estate market that continues to burn white hot.
The 1,650-square-foot home at 1832 Church St. in Detroit had huge positives, including an entirely refreshed interior, an adorable backyard and a prime location near Ford Motor Co. s Michigan Central Station campus. Yet it also sits next to a large parking lot and the home doesn t have a garage. ....

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Housing shortage threatens economic growth in Northeast Michigan | News, Sports, Jobs

sschulwitz@thealpenanews.com
News Photo by Steve Schulwitz
Tom Dihle and his wife, Cecilia, look recently at an Alpena home they considered purchasing. The couple is looking for a home because they are moving to Alpena from the St. Joseph area.
ALPENA A shortage of housing could weaken the local workforce and future development if people wanting to invest money and talent in Alpena can’t find places to live, Northeast Michigan business leaders say.
People trying to move to Alpena sometimes have to wait months to find a place to call their own, with housing demand exceeding supply or high prices for existing homes or new construction pricing some out of the market entirely, The News learned through weeks of research and interviews with homebuyers, sellers, and officials in real estate and economic development. ....

United States , Kiley Selden , Jackie Krawczak , Matthew Duthler , Kristi Blackaby , Tom Dihle , Joe Borgstrom , Andrea Kares , Cindy Amlotte , Lori Stephan , Michigan State Housing Development Authority , Northland Area Federal Credit Union , Employment Services , Harvard University , Employment Services Inc , Us Census Bureau , Rappaport Institute For Greater Boston , Northeast Michigan , Rappaport Institute , Greater Boston , Real Estate One , Area Federal Credit Union , Marketing Director Matthew Duthler , Michigan East Side Sales , Michigan State Housing Development , Justin Hinkley ,

Northeast Michigan buyers, sellers, renters, builders struggle in housing shortage | News, Sports, Jobs

News Staff Writers
News Photo by Julie Riddle
In March, inside a home he is building in Alpena, builder Kyle Leavesley discusses the challenges of finding housing in Northeast Michigan.
ALPENA For Danielle Whitcomb, moving to Alpena in July meant settling for a second-choice school and giving up the family dog, because she had to jockey with a horde of other anxious home-shoppers for a too-small supply of available homes.
“It was quite a hassle to get up here,” Whitcomb said. “It would have been sooner, had I found a house.”
Potential homebuyers and renters in Northeast Michigan feel the pinch of a nationwide housing shortage spurred by a shifting economy and kicked into high gear by the COVID-19 pandemic. ....

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