The average home value in Detroit went up 10% in 2026, with a total rise of $500 million compared to a year ago, according to city officials.

Detroit — Jared Fleisher, CEO of Bedrock, laid out a vision Thursday to reform Detroit’s property tax system, aiming to make the city more attractive to residents, developers and businesses.

As a point of comparison, the median sale price of a Detroit house or condo grew about 2.2% from December 2024 to December 2025, ending last year at $94,050, according to data from Farmington ...

Michigan tax abatement programs used heavily by Detroit developers will expire soon unless state lawmakers decide to extend them. Detroit developers say that the city's property tax rate necessitates ...

Jared Fleisher, CEO of Dan Gilbert’s Bedrock LLC, said leaders in the city should consider a series of smaller but meaningful reforms that would pave the way for a lower millage rate levied on ...

From the luxury Shinola Hotel downtown to the Detroit People's Food Co-op grocery store in the North End, behind many Detroit developments lie tax agreements proponents credit with breathing new life ...