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Bill Pulte confirmed to lead federal mortgage regulator Bill Pulte, a financier and social media personality with strong Michigan ties, has been confirmed to lead a federal housing finance regulator. Just after 1:30 p.m. Thursday, the U.S. Senate voted 56-43 to confirm Pulte’s nomination to lead the Federal Housing Finance Agency (FHFA), the federal agency…

‘Weird’ metro Detroit housing market emerges ahead of spring buying season As the spring homebuying season kicks into gear, buyers will have more options than a year ago, but deals may still be hard to come by. Recent data highlights a housing market in metro Detroit and beyond where inventory continues to expand, giving buyers…

RenCen tower heads to auction this week One of the more high-profile commercial real estate auctions in recent memory starts Monday. The planned online auction of the 600 Tower of the Renaissance Center in downtown Detroit runs March 17-19, with a starting bid of $2.75 million.  The reserve price — the minimum amount the seller…

Builders, planners at odds over proposed bill to promote more housing density Homebuilders and developers say a bill moving through the Michigan Legislature could help create “quicker and cheaper” housing density, but local planners worry about unintended consequences that could lead to suburban sprawl and strain infrastructure. Senate Bill 23 would amend part of the state’s…