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Foreclosure crisis makes Detroit a city of renters, not homeowners

And many of .....»»

Category: topSource: usatodayMar 20th, 2017

Detroit Plans to Board Up Every Abandoned Home Within 2 Years

Detroit’s mayor, Mike Duggan, plans to board up every abandoned home in the deteriorating city. That is about 25,000 homes. The number makes the task monumental. The city would have to shutter........»»

Category: blogSource: 247wallstJun 3rd, 2017

Puerto Rico Makes Unprecedented Move To Restructure Billions In Debt

The territory, which is ineligible for bankruptcy, filed to begin a similar procedure tailor-made for its more than $70 billion debt crisis, which is likely to dwarf Detroit's 2013 Chapt.....»»

Category: topSource: nprMay 3rd, 2017

Puerto Rico Makes Unprecedented Move To Restructure Tens Of Billions In Debt

The territory, which is ineligible for bankruptcy, filed to begin a similar procedure tailor-made for its more than $70 billion debt crisis, which is likely to dwarf Detroit's 2013 Chapt.....»»

Category: topSource: nprMay 3rd, 2017

Renters now rule half of American cities

Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters......»»

Category: topSource: moneycentralMar 23rd, 2017

Renters now rule half of American cities

Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters......»»

Category: topSource: moneycentralMar 23rd, 2017

For the first time in half a century, renters outnumber homeowners here

For the first time in half a century, renters now outnumber homeowners in Detroit......»»

Category: topSource: moneycentralMar 21st, 2017

San Francisco has become a city for rich renters

Kārlis Dambrāns/FlickrRenters have long struggled with soaring rents in some of the top housing markets in the US. In San Francisco, it’s called the “Housing Crisis” because middle-class households, such as teachers, can no longer affo.....»»

Category: topSource: businessinsiderNov 6th, 2016

Detroit"s Latest Entrepreneurial Efforts Get A Boost From WeWork, Dan Gilbert

The city of Detroit, unlike almost any other in the United States, was hard hit during the 2007-2008 financial crisis. Auto related jobs were destroyed, the government was forced to raise billions of dollars of debt and the city itself was forced to file .....»»

Category: blogSource: benzingaSep 27th, 2016

City should buy more foreclosures to save neighborhoods at risk

With nearly 30,000 pending foreclosure cases in New York City last year, this crisis has lingered well past the 2008 crash. One borough has faced the brunt of it: Queens. Foreclosure rates there have... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 18th, 2016

Pet-sitting in NYC is illegal, but animal lovers aim to fix that

A popular online pet-care network is taking aim at a New York City law that makes unlicensed paid pet-sitting illegal. The Daily News says Seattle-based Rover.com hopes to get the law... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork59 min. ago

Online network takes aim at pet-sitting law

A popular online pet-care network is taking aim at a New York City law that makes unlicensed paid pet-sitting illegal. The Daily News says Seattle-based Rover.com hopes to get the law... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork3 hr. 59 min. ago

Austin ad agency that makes San Antonio look good could have contract extended

Visit San Antonio is expected to decide this week which agency will get the opportunity to market the nation’s seventh-largest city to prospective convention and leisure travelers......»»

Category: topSource: bizjournalsJul 20th, 2017

Made a Misstep When It Comes to Housing? You’re Not Alone

Many homeowners and renters are feeling.....»»

Category: realestateSource: rismediaJul 17th, 2017

A Colorado city makes top 10 for 1st-time homebuyers; here"s how 13 local cities rank (Video)

Several Colorado's suburbs and other cities around the state may be optimum for first-time homebuyers, according to a new report from WalletHub. That's despite the fact that the average price of a metro Denver home has topped $454,000, according to.....»»

Category: topSource: bizjournalsJul 17th, 2017

Feds Say Condo Involved In NYC"s Largest Foreclosure Tied To Nigerian Corruption Case

New York City real estate, particularly the luxury market, is a popular refugee for world’s corrupt, self-dealing public servants and the crooked businessmen who bribe them. China cracked down on wealthy citizens seeking to stash their wealth in i.....»»

Category: blogSource: zerohedgeJul 17th, 2017

Doha mall"s $1 billion-plus loan refinancing frozen amid Qatar boycott: sources

DUBAI/DOHA (Reuters) - The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing new Qatari business, bankers said......»»

Category: topSource: reutersJul 16th, 2017

Chevy, Ford, Ram Offer Big July Discounts on Pickups

US automakers are offering big incentives to pickup truck buyers this month. The Detroit 3 are facing rising inventories and incentives on pickups makes sense to them -- and, of course, is good for........»»

Category: blogSource: 247wallstJul 16th, 2017

More homeless choosing city shelters instead of the streets

Mayor Bill de Blasio has long been dogged by criticism that he has not curtailed the homeless crisis. But statistics indicate his administration might be doing better than its predecessors’ at... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 14th, 2017

City gives homeowners $115 water bill credit months after losing rate hike lawsuit

After losing a lawsuit to raise water rates, the de Blasio administration is moving forward with a plan to give a $115 bill credit to New York City homeowners. The figure is lowe.....»»

Category: realestateSource: realestateweeklyJul 14th, 2017

Home Logic launches My Energy - tariffs comparison tool to help UK homeowners and renters save money on their household bills

Home Logic launches My Energy - tariffs comparison tool to help UK homeowners and renters save money on their household bills.....»»

Category: topSource: pressatJul 14th, 2017