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Comerica opens 53-year-old time capsule pulled from its Detroit building In celebration of its 175th anniversary, Comerica Bank unveiled a time capsule Thursday that was sheathed in the walls of its downtown Detroit building for 53 years. The time capsule, which held photos, news clips regarding the building’s construction and more, was sealed on September…
Metro Detroit homes are among the most overvalued in the nation, research suggests Metro Detroit stands near the top of housing markets in the country primed for a price reduction, according to research from a pair of Florida academics. Detroit and its suburbs trail just the sprawling Atlanta metro region in terms of where current…
Michigan Central reopens with a new purpose after symbolizing Detroit’s bleak years If there is one thing reverberating through the thousands of tons of restored Mankato limestone, marble, Guastavino tile and oak in Michigan Central Station, it’s memory. When the train depot reopens to the public this week after a six-year renovation to fix 30-plus…
Much of the U.S. is seeing more housing inventory come to market. Not metro Detroit. Major metro areas around the country are seeing a long-desired uptick in the inventory of homes for sale, but Southeast Michigan remains an outlier. That’s according to a new report by online brokerage firm Redfin, which found that for the four weeks…
Owning a home is a keystone of wealth… both financial affluence and emotional security.