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With inventory rising and interest rates down, metro Detroit home prices start to level off With interest rates primed for a fall, would-be metro Detroit homebuyers should soon see some relief. While falling mortgage rates help buyers afford more house, what’s more is that two new reports from local real estate organizations show prices are…

Gilbert’s new Cadillac Square development may be pushed back The development effort formerly known as the Monroe Blocks project at Cadillac Square in downtown Detroit is likely to be delayed again.  Dan Gilbert’s Bedrock LLC is expected to ask for what a Detroit Economic Growth Corp. spokesperson called a “short extension” to kick off construction…

Ornate Boston-Edison mansion built for Fisher brother lists for $2.45M An “opulent” century-old mansion built for one of the Fisher brothers in Detroit’s historic Boston-Edison neighborhood hit the market Thursday morning with an asking price of $2.45 million.  The 10,000-square-foot Renaissance Revival-style Edward F. Fisher Mansion sits along Boston Boulevard between Woodward Avenue and the…

Massive Rite Aid closures leave landlords in the lurch Rite Aid Corp. store closing signs have replaced orange traffic barrels as Michigan’s unofficial state flower this summer. All 232 of the bankrupt Philadelphia-based drug store chain’s locations in the state are confirmed on the chopping block, some two months after word started leaking out about the…