Michigan renters need to earn nearly $25 an hour to afford the average two-bedroom apartment at $1,272, according to a new report that shows wages are not keeping up with housing costs. This outpaces ...

Those with equity in a home can trade up more easily, while many first-time homebuyers are still stuck on the sidelines.

Rising property values, speculative investors, and short-term rental conversions are colliding with restrictive historic ...