Detroit Real Estate News
Detroit
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.
U.S. Mortgage Delinquencies Uptick in June Amid Regional Pressures
Mortgage delinquencies in the U.S. edged slightly higher in June, driven by localized pressure points, though national levels remain historically low, according to new data from Cotality, a leading property information and analytics provider.
Zombie Foreclosures Edge Up Across U.S.
The number of empty U.S. homes stayed relatively flat in the third quarter of 2025, even as abandoned foreclosure properties -- so-called "zombies" -- ticked higher, underscoring resilience in housing demand despite lingering stress pockets, according to new data from ATTOM.
U.S. Home Price Growth Slows as Affordability Pressures Mount in 2025
In the second quarter of 2025, home price growth cooled across U.S. metro areas, reflecting shifting market dynamics amid persistent affordability challenges and rising mortgage costs.
