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Foreclosure crisis makes Detroit a city of renters, not homeowners

And many of .....»»

Category: topSource: usatodayMar 20th, 2017

What Amazon's HQ2 means for homeowners, home buyers and renters in the chosen city - MarketWatch

MarketWatchWhat Amazon's HQ2 means for homeowners, home buyers and renters in the chosen cityMarketWatchWhen Amazon moves into its new second home, some residents may not have much reason to celebrate. By. JacobPa.....»»

Category: topSource: googlenewsOct 21st, 2017

What Amazon’s HQ2 means for homeowners, home buyers and renters in the chosen city

The Seattle-based company is on a nationwide hunt for a second headquarters......»»

Category: topSource: marketwatchOct 20th, 2017

Study: High assessments might have contributed to Detroit"s foreclosure crisis

Study: High assessments might have contributed to Detroit"s foreclosure crisis.....»»

Category: topSource: washpostOct 10th, 2017

Developer makes its KC debut with some Plaza wow factor [PHOTOS]

City Club Apartments LLC, the company behind the planned $77 million redevelopment of nearly an entire block in the Crossroads Arts District, has just completed another iconic Kansas City project. The Detroit-area developer has finished the $7 mi.....»»

Category: topSource: bizjournalsAug 31st, 2017

Flint scholarship plan gets $2M from Pistons owner, utility

Detroit Pistons owner Tom Gores and a Michigan utility's foundation are each committing $1 million to help fund college scholarships in Flint in the wake of the city's water crisis......»»

Category: topSource: foxnewsAug 23rd, 2017

Here’s what it looks like when the foreclosure ‘pig’ moves through the housing-crisis ‘python’

There’s a notable exception in the housing recovery: delinquent mortgages bought on government auctions by institutional investors to buttress the market, irking the homeowners and advocacy groups that the program was meant to help......»»

Category: topSource: marketwatchJul 24th, 2017

Detroit Plans to Board Up Every Abandoned Home Within 2 Years

Detroit’s mayor, Mike Duggan, plans to board up every abandoned home in the deteriorating city. That is about 25,000 homes. The number makes the task monumental. The city would have to shutter........»»

Category: blogSource: 247wallstJun 3rd, 2017

Puerto Rico Makes Unprecedented Move To Restructure Billions In Debt

The territory, which is ineligible for bankruptcy, filed to begin a similar procedure tailor-made for its more than $70 billion debt crisis, which is likely to dwarf Detroit's 2013 Chapt.....»»

Category: topSource: nprMay 3rd, 2017

Puerto Rico Makes Unprecedented Move To Restructure Tens Of Billions In Debt

The territory, which is ineligible for bankruptcy, filed to begin a similar procedure tailor-made for its more than $70 billion debt crisis, which is likely to dwarf Detroit's 2013 Chapt.....»»

Category: topSource: nprMay 3rd, 2017

Renters now rule half of American cities

Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters......»»

Category: topSource: moneycentralMar 23rd, 2017

Renters now rule half of American cities

Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters......»»

Category: topSource: moneycentralMar 23rd, 2017

For the first time in half a century, renters outnumber homeowners here

For the first time in half a century, renters now outnumber homeowners in Detroit......»»

Category: topSource: moneycentralMar 21st, 2017

San Francisco has become a city for rich renters

Kārlis Dambrāns/FlickrRenters have long struggled with soaring rents in some of the top housing markets in the US. In San Francisco, it’s called the “Housing Crisis” because middle-class households, such as teachers, can no longer affo.....»»

Category: topSource: businessinsiderNov 6th, 2016

Detroit"s Latest Entrepreneurial Efforts Get A Boost From WeWork, Dan Gilbert

The city of Detroit, unlike almost any other in the United States, was hard hit during the 2007-2008 financial crisis. Auto related jobs were destroyed, the government was forced to raise billions of dollars of debt and the city itself was forced to file .....»»

Category: blogSource: benzingaSep 27th, 2016

City should buy more foreclosures to save neighborhoods at risk

With nearly 30,000 pending foreclosure cases in New York City last year, this crisis has lingered well past the 2008 crash. One borough has faced the brunt of it: Queens. Foreclosure rates there have... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 18th, 2016

Slow growth in San Francisco tourism due to homelessness crisis and Trump"s policies, SF Travel says

The San Francisco Travel Association blamed slow tourism growth in 2017 on tourists worried that President Trump has made the U.S. unwelcoming to foreign visitors — and an increasingly common refrain that the city's streets are filled with trash and hom.....»»

Category: topSource: bizjournalsFeb 23rd, 2018

Cost of the California Dream far out of reach for most people under 40, new poll shows

Renters under 40 in California, increasingly squeezed by the region's skyrocketing costs and housing crisis, are more than three times as likely than older residents to be severely cutting back on all their other expenses in order to afford paying .....»»

Category: topSource: bizjournalsFeb 21st, 2018

Wichita ranked most affordable city in nation for renters

Wichita is the most affordable city in the U.S. to rent an apartment, according to a study from a national housing search website. According to RentCafe, Wichita is home to the cheapest average rent price when compared to the other 249 most-popu.....»»

Category: topSource: bizjournalsFeb 20th, 2018

There are 44 million spare bedrooms in the US — get ready for roommates

Flickr/Ant PDX Home sharing will gradually take a sizeable dent out of housing demand. Just like Uber matches car owners with passengers and Airbnb matches homeowners with short-term renters, new technology companies match homeowners with .....»»

Category: topSource: businessinsiderFeb 17th, 2018

Key Words: What makes Warren Buffett a ‘prime example’ of the failure of American capitalism?

David Dayen, in a piece he wrote for the Nation, slams the Berkshire Hathaway boss — and those heaping praise upon him — for the inequality crisis in the United States......»»

Category: topSource: marketwatchFeb 17th, 2018