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Rocket to buy real estate brokerage Redfin in $1.75B deal In a bid to accelerate its market share in home purchase lending, Rocket Companies Inc. plans to acquire online real estate brokerage Redfin Corp. in a $1.75 billion all-stock deal announced Monday morning. The proposed deal should help the Detroit-based mortgage lender “connect the dots”…

Duggan pitches big property tax cut in final budget proposal Now in his final year in office, Detroit Mayor Mike Duggan seeks to make a big dent in the city’s notoriously high property taxes.  On Friday, Duggan — now running for Michigan governor as an independent — pitched his final budget proposal to the Detroit City Council,…

Michigan will be hit harder by tariffs than other states — and not just the auto industry Michigan’s economy is preparing for another shakeup, as tariffs authorized by President Donald Trump’s administration against Canada, Mexico and China go into effect Tuesday. The administration is implementing a 25% tariff on Canada and Mexico, with the exception of Canadian…

Now fully restored, this century-old Palmer Woods castle-style house is hitting the market Two years ago, a Detroit mansion was in foreclosure, disrepair and reeked of cat urine. Now it’s going on the market early next week for nearly $1.9 million. The century-old home in Detroit’s Palmer Woods neighborhood west of Woodward Avenue and between…