Rehabbed and Ready: Public-Private Partnership to Renovate and Auction Homes in Detroit Neighborhoods, Bring Much-Needed Pricing Stability to Area
Quicken Loans provides $5 million grant/funding to program bringing stability Detroit neighborhood housing values.
Market Update: Home Prices rise 5% since 2014.
This morning’s Case-Shiller Home Price Index for June reported that home prices rose 5 percent year-over-year, and rose 1 percent month-over-month in the 20-city index. Quicken Loans vice president Bill Banfield offers the following comments on the report:
Market Update: Housing Start rise in July
Today’s housing starts report showed a 0.2 percent increase in new home construction nationally, rising to an anualized rate of 1.21 million - the highest in almost eight years. Starts in single family housing also increased 12.8 percent in July. Quicken Loans Vice President Bill Banfield offers the following comments on the report:
Quicken Loans and Carter’s Kids Partner on New Playground Development in Detroit’s Osborn Neighborhood
Pulaski Elementary-Middle School receives two new playscape structures from Quicken Loans.