home ownership

About 38% of Detroit homeowners without mortgages report being uninsured, nearly twice as high as the national average of 19.5%, a new University of Michigan survey shows.Cost was the most frequently cited reason for Detroit homeowners to forgo...

 A program designed to help tenants in Detroit to purchase their homes helped 85% of participants sustain homeownership for four years, an important milestone as owners may start to see the wealth-building benefits and other advantages of...