Chicago Tops List of Most Affordable Rental Markets
End Google Tag Manager The Windy City is the most affordable rental housing market in the United States, according to a new report by online real estate and management firm HomeUnion. What’s the most expensive rental market? We’ll give you a hint: it’s in California. StartFragment HomeUnion’s report breaks down the top 10 most and least expensive U.S. rental markets, spotlighting the annual rental for a single-family rental home, the average annual income, and the rent-to-inc
Freddie Mac: Mortgage rates hit highest level since March 2017.
Mortgage interest rates continued their steady climb in the last week and reached the highest level since March 2017, Freddie Mac’s latest Primary Mortgage Market Survey shows. Freddie Mac’s report, which was released Thursday morning, shows that the 30-year fixed-rate mortgage rose to an average interest rate of 4.15% for the week ending Jan. 25, 2018. That’s up 11 basis points from last week, when interest rates checked in at 4.04%. Last week was also the first time that in
Gilbert adds retail properties to downtown Detroit portfolio
Dan Gilbert's Bedrock LLC has added two new downtown properties to its ever-growing real estate portfolio: The Cash City pawn shop at 1300 Randolph St. and the J.L. Stone men's clothing s tore across the street at 1231 and 1237 Broadway. StartFragment In a statement, owner Sheldon Stone, 78, said he is retiring and approached Bedrock about purchasing the properties. StartFragment The sale closed Tuesday for an undisclosed price. "This is not a sad day, it's exciting to see th