Detroit filed the largest municipal bankruptcy in US history in 2013. Since then, state and local stakeholders have sought to turn the city’s financial challenges into an opportunity for rebirth. Detroit faces population decline, fiscal insecurity, a weak housing market, and blight, and while there is not yet consensus on the city’s path forward, philanthropic organizations, businesses, nonprofits, and the public sector have invested significant resources to restore prosperity to what was once the fourth-most populous city in the United States.
Repairing Detroit’s housing market is a key component in this recovery plan. To build the evidence base around the city’s recovery and bolster revitalization efforts, our quarterly Detroit Housing Tracker captures the local housing market’s dynamism and developments.
The Detroit Housing Tracker has two sections:
Detroit News tracks housing and business news and key mortgage programs.
Detroit Housing Market Trends presents comprehensive market indicators, including sales prices and volumes, rental prices, household equity level, delinquencies and foreclosures, and general labor market conditions.
Read the reports