Michigan Real Estate News

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Michigan Real Estate News Headlines – May 3, 2021

National

“We’re Suffering”: How Remote Work Is Killing Manhattan’s Storefronts

Commercial real estate could look different post-pandemic

Multifamily developments reflect trend of younger generations renting longer

Insurance Costs Threaten Florida Real-Estate Boom

Evictions

30 second trials. Judges muting tenants. The problems with virtual evictions

Detroit

Riverfront complex one of many where receivership looms

Lumber shortage a crisis for Michigan home builders and their customers

Original Lincoln Motor Factory in Detroit to Become Affordable Housing

Real Estate Insider: There’s a new Black-owned commercial real estate firm in town. Here’s why that’s important.

Fannie Mae seeks receivership for Jeffersonian Houze high-rise on Detroit River

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

In Detroit, many are missing out on property tax debt relief. Here’s why.

Grand Rapids

Commercial real estate could look different post-pandemic

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

Southeast Michigan

Riverfront complex one of many where receivership looms

Lumber shortage a crisis for Michigan home builders and their customers

Booming real estate market allowed Dearborn man to sell his house, buy a condo in matter of days

A shortage of available houses for sale means higher prices and a scramble for buyers

Magna Seating’s new Novi headquarters fetches pandemic-era high for office building

Molina Healthcare sells Troy building to Missouri buyer, downsizes footprint

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Man builds poop wall after property line dispute with neighbor

Plante Moran nearly quadruples space in Southfield Town Center, one of pandemic’s biggest office deals

Farmington Hills to Demolish Abandoned Development

Michigan’s Real Estate Market Remains Hot

Western Michigan

Developers eye U.S. 131 commerce center

Multifamily developments reflect trend of younger generations renting longer

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

Northern Michigan

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

What Does $250k Buy Now In Northern Michigan?

Michigan’s Real Estate Market Remains Hot

Outstate

‘Wild’ housing market ‘like nothing I’ve ever seen’ in Jackson, realtor says

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

Weekly Brief – April 26, 2021

Meijer Eyes Abandoned Kmart Store

Meijer is eyeing the site of an abandoned Kmart store in Orion Township. Located at 1025 S. Lapeer Rd. in the Lake Orion Plaza, the old Big K store would be demolished and replaced with a 90,000 square-foot Meijer store. The new Meijer store will not be a full-size supercenter, but it will carry more than just groceries. Although Meijer says it’s too early to release details like project start and completion dates, the owner of the shopping center believes that the company is aiming for a late 2022 opening.