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3 luxury brownstones list in Traverse City after $9M office conversion Credit: Freshwater DevelopmentA rendering of the Brownstones at 100 Park would be on the Boardman River with access to Grand Traverse Bay. A developer who returned to West Michigan after working on New York City skyscrapers is debuting his second high-end residential project in…
Mortgage rates drop for 4th week amid anxiety over economy Credit: David McNew/Getty Images via BloombergWhile mortgage rates are down from recent highs, they’re still stubbornly close to 7%, and many economists say prospective buyers need more incentives. Mortgage rates in the U.S. fell for a fourth straight week, dropping to the lowest rate since…
Metro Detroit is back near the top for accelerating home prices Credit: BloombergWhile there are more homes on the market, prices in metro Detroit still surged in April from a year ago. Metro Detroit is again near the top in the nation for home price appreciation. The monthly S&P CoreLogic Case-Shiller Indices released this week…
BMW motorcycle dealership goes big with new store Credit: JJV Design/BuildA rendering of BMW Motorcycles of Southeast Michigan’s planned new location in Livonia. BMW Motorcycles of Southeast Michigan plans to relocate to a longtime vacant former restaurant building in Livonia and, according to dealership President Charlie Knoll, create the largest independent BMW motorcycle dealership by…
Owning a home is a keystone of wealth… both financial affluence and emotional security.