Crain's Detroit Business - Today's Michigan business news
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$40M third phase builds on Detroit neighborhoods investment
WEB1 day ago · Detroit Mayor Mike Duggan announces the $40 million third round for the city's Strategic Neighborhood Fund, which is making investments in 10 core Detroit neighborhoods. The Strategic Neighborhood ...
Business model shifts for Detroit residential investors
WEB1 day ago · Nick Manes is a reporter covering residential real estate and local mortgage companies for Crain’s Detroit Business. He previously covered finance and tech startups. He joined Crain’s in 2020 ...
More residents fixing up and reoccupying homes in Detroit
WEB1 day ago · Three, four or five percent. But it’s notable.”. Alsup identified that dating back to 2019, the city has seen a net gain of about 9,000 re-occupied one- to four-unit homes, and that 17,000 ...
Metro Detroit home prices, sales are outpacing much of U.S.
WEBSep 26, 2024 · In the Detroit metro area, the $55,460 income needed to afford the $200,000 median home was up 0.4% from a year ago. Meanwhile, in the Oakland and Macomb suburbs, the $89,561 income needed to ...
Michigan marijuana market sets new sales record | Crain's Detroit …
WEBSep 18, 2024 · The average price for an ounce of marijuana flower in August was $80.14, up from the lowest price on record $79.70 in July, according to data from the Michigan Cannabis Regulatory Agency. Prices ...
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Latest News | Crain's Detroit Business
WEBMichigan's newest publicly traded company gains in NYSE debut. In its first day of public trading, Phinia saw its price per share jump more than 20 percent before the closing bell.
The biggest Michigan business news of 2021 - Crain's Detroit Business
WEBDecember 21, 2021 06:00 AM. The only certainty in 2021 was surprise. From pandemic-induced shortages and stalls in the supply chain to major mergers and sales, 2021 has been a busy year for ...