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  2. A Detroit woman bought 8 fixer-upper properties in the 'most ...

    www.aol.com/finance/detroit-woman-bought-8-fixer...

    While her business has been a success so far thanks to this hard work, Detroit's real estate boom helped fuel this success. The median price plummeted to $58,900 in 2009 and the city filed for ...

  3. Detroit Land Bank Authority - Wikipedia

    en.wikipedia.org/wiki/Detroit_Land_Bank_Authority

    The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...

  4. Detroit Demolition Program - Wikipedia

    en.wikipedia.org/wiki/Detroit_Demolition_Program

    The plan was for 40,000 properties to be taken down to allow for property values to rise and have land for new homes and office space to be built in the city. Poverty and crime continue to impact the city, and the demolition program was created in hopes to improve conditions for the people living in the urban areas of Detroit.

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...

  6. From stock market news to jobs and real estate, it can all be found here. ... Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of ...

  7. Zillow - Wikipedia

    en.wikipedia.org/wiki/Zillow

    Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...