Detroit Real Estate News
Detroit
U.S. Home Sellers Delist Properties at Fastest Pace in 8 Years
Nearly 85,000 U.S. homeowners withdrew their properties from the market in September--up 28% from a year earlier and the highest level for the month since 2017 -- according to a nationwide analysis of historical listing data compiled by Redfin.
U.S. Home Sales Uptick in September as Mortgage Rates Fall
Existing-home sales rose 1.5% month-over-month in September 2025, reaching a seasonally adjusted annual rate of 4.06 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales increased 4.1%, reflecting sustained demand across much of the country.
U.S. Foreclosure Filings Jump 17 Percent Annually in Q3 Signaling Borrower Strain
Foreclosure activity in the U.S. continued its upward climb in the third quarter of 2025, suggesting that pockets of borrower distress may be emerging.
U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb
Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.
