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Billionaire Ross’ company to co-develop Ann Arbor affordable housing project A division of billionaire Stephen Ross’ real estate company Related Cos. has been selected to co-develop a new mixed-income, high-rise apartment tower in downtown Ann Arbor. Chicago-based Related Midwest will co-develop with the Ann Arbor Housing Commission a dual-tower project on a site currently used…

Michigan voters: Let’s talk more about housing The coming months leading up to the November presidential election are sure to be rife with talk of the U.S. economy, immigration and foreign policy. Increasingly, however, voters say there’s another issue presidential candidates should be talking about more: housing, or the lack thereof. By and large, the…

Developer asks $12M for Birmingham house that hasn’t been built yet The builders of a house west of downtown Birmingham aim to up the ante in the already tony Detroit suburb. Birmingham-based Brandywine Construction LLC is seeking buyers for a planned $12 million home that those involved say aims to elevate the Oakland County community…

For years, too few homes were hitting the market. That’s starting to change. The pandemic-induced homebuying spree induced by historically low interest rates exacerbated a housing shortage. Slowly, that situation seems to be changing, both in Southeast Michigan and in many other regions of the country. New reports from metro Detroit real estate businesses released…