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Study Says Millenials Can Buy A Lot More House In Detroit Than In Other Major Cities

Apparently, Millennials are buying fewer homes than almost any other generation in history. While some might assume the reason is that we’re just too busy trying afford authentic pour-over coffees and snug fitting beanies, stocking up on vinyl, and of course managing the perfect balance between office workdays and craft cocktail filled weekend to ever think about silly things like setting, let alone reaching long term financial goals, or even more absurd, buying a home. Believe it or not, th...

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Home Ownership In Metro Detroit Amongst The Most Affordable In Nation

While home affordability is on the decline across most of the nation, in Metro Detroit, we’re one of the few places you can make the median income ($51,000) and afford a house at the median price ($149,000) according to a recent report. Detroit is fourth most affordable in a list that joins Minneapolis, Atlanta, St. Louis and just below the D, Pittsburgh, in home affordability. Now, to be clear, this isn’t just about home prices, but also income. According to Interest.com, the median income of...