Archives: May 2017

Market Update: Home Prices Continued to Climb in March

This morning’s Case-Shiller Index, reflecting home price changes in March, reported that home prices increased 5.8 percent year-over-year. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following comments on the report:

Market Update: Existing Home Sales Slip in April

Existing Home Sales Report showed home resales fell 2.3% in April, to a seasonally adjusted annual rate of 5.57 million. Bill Banfield offers comments.

Quicken Loans Announces Finalists Competing for a Share of $2.5 million in Capital as Part of Detroit Demo Day and the Creator Awards

WeWork Creator Awards joins forces with Quicken Loans Detroit Demo Day, bringing a total of $2.5 million in guaranteed capital to Detroit’s small businesses.

Quicken Loans supports artists and entrepreneurs in Detroit neighborhoods with Small Business Murals Project

Partnership with 1xRUN will tap seven local artists to paint murals on six small businesses to celebrate local entrepreneurship in Rosedale Park, University District, Springwells Village and Jefferson Chalmers.

Market Update: Housing Starts slow down in April

Housing starts fell 2.6 percent to a seasonally adjusted annual rate of 1.17 million units. Bill Banfield offers comments on the report.

Quicken Loans Invests $400,000 to Create Detroit’s Newest Public Space On Two Of The Largest Medians Along Woodward Avenue

New pathway brings to life long-discussed vision to better connect Campus Martius to the Riverfront.

Appraisal Values Lag Homeowner Expectations, Quicken Loans Study Shows

Home values rose 1.06% nationally in April, with a 5.08% year-over-year increase, according to the Quicken Loans HVI.