Archives: March 2016

Market Update: Home Prices Continue Strong Increases

This morning’s Case-Shiller Home Price Index for January reported that home prices rose 5.7 percent year-over-year, and was unchanged from the previous month in the 20-city index.

QLINE Announced As Official Name Of Detroit’s Modern Streetcar

QLINE is a 6.6 mile loop on Woodward Avenue that runs from Congress Street downtown to West Grand Boulevard.

Market update: February new home sales rise 2%

New home sales rose 2% in February, to a seasonally-adjusted rate of 512,000 units.

Market update: Existing home sales decline 7.1% in February

February's existing home sales report showed a 7.1% decline in February.

Market Update: Housing Starts Rise 5.2% in February

Housing starts in February rose 5.2 percent to an annual rate of 1.178 million units (SAAR).

Homeowners in Denial: Difference between Owner Expectation and Appraised Value Reverses Course, Widens

Nationally, appraised values were nearly 2% lower than homeowner expectations.

Quicken Loans Again Named #5 Best Place to Work in America by FORTUNE Magazine

Nation’s leading FinTech mortgage lender’s ranking marks 13th year in a row on landmark list and third time in the top 5