July 6, 2024
Mortgage

Jeep® Wagoneer S Debuts At Rocket Mortgage Classic

Jeep® is set to electrify Detroit this week with the public debut of its first all-electric vehicle for the U.S. market, the 2024 Jeep Wagoneer S Launch Edition. This significant unveiling will take place at the Rocket Mortgage Classic, a PGA TOUR event held from June 25 to 30 at the historic Detroit Golf Club.

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Property

Demolition of building on The Downs property in Northville causes oil spill

(WXYZ) — The City of Northville said the demolition of a building on The Downs development property on June 21 led to the release of motor oil and kerosene. The city said the spill entered the storm drain and that some of it seeped into the river.  According to the city, there is no danger

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Property

Detroit program highlights issues with heirs’ properties in specific neighborhoods

DETROIT – Owning a home can be life-changing not only for the homeowner but also for their descendants. Homes can be a mechanism to build generational wealth. “This is just not a home to lay your head down,” said Jeanine W., who has a home on Detroit’s east side that has been in her family

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Investment

Detroit’s investment in community-based violence prevention leads to significant drop in crime rates

DETROIT – While Detroit broke all records for NFL draft attendance without any significant crime issues, the reality is shooting/homicide numbers were already down in the city by 28%. The bigger story is the drop in those same numbers in select areas of Detroit where community groups working to prevent violence are on the street.

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Investment

Over 4K affordable housing units created in Detroit with $1 billion investment

DETROIT – For the last five years, Detroit has seen $1 billion put toward 71 affordable housing developments. Which amounts to 4,646 units overall, with more to come. The latest development is going up on East Jefferson Avenue near Van Dyke. “The mayor and city council have been unified on one principle and that is

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Investors

Detroit residents own more homes within city limits than investors

The rising prices for single-family homes have made it harder for Americans to become homeowners. In Detroit, the current real estate market has led some prospective home buyers to blame investors and speculators for purchasing most of the city’s inventory. But real estate investors are not as big of a factor as some would like

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Funds

Detroit City Council approves $5.6M in funds to restore fountain at Hart Plaza

(WXYZ) — The Detroit City Council approved a plan to spend nearly $5.6 million to restore the Dodge Fountain at Hart Plaza. Our partners at the Detroit Documenters and Outlier Media were covering the city council meeting on Tuesday where they approved the funds. According to the Detroit Documenters, the council voted 8-1 to approve

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