#home-deals

#home-deals

The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.

BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.

The MoveDetroit coalition launched 'Make Detroit Home,' offering up to $15,000 to entrepreneurs, creatives and small business owners willing to relocate. Over 300 participants will split more than $500,000 in benefits covering home down payments, renovations, rent, or business expenses.

Cash-out refinance volume rose 9% from February and 21% from March 2025, while rate-and-term refinance volume fell 34% month over month but remained more than 66% higher than a year ago.

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.

Rising utility costs continue to be a pain for the average U.S. renter. Energy-efficient rental features that help lower these costs like LED lighting, good insulation, and smart thermostats are becoming a baseline for renters.