Abode Detroit

Abode Detroit Abode Detroit is a boutique real estate brokerage specializing in luxury & historic homes thru-out Metro Detroit.

With expert guidance, personalized service & a passion for unique properties, we’re here to help you buy, sell, or invest. Home!

If you’re waiting for mortgage rates to return to 3%, history offers some perspective.Today’s rates may feel high compar...
09/08/2026

If you’re waiting for mortgage rates to return to 3%, history offers some perspective.

Today’s rates may feel high compared with the exceptionally low rates of 2020 and 2021, but those rates were the exception, not the historical norm.

The better question isn’t always “When will rates come down?” It’s “Does buying make sense for me today?”

Your purchasing power, monthly payment, available inventory, negotiating leverage and long-term plans all matter. Rates can change, but so can home prices and competition.

Don’t risk today’s buying power only to get priced out tomorrow.

Buy when the numbers make sense for you. If rates improve later, refinancing may be an option.

Abode Detroit Real Estate
Discover Home.

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Metro Detroit’s housing market is giving buyers more options and asking sellers to be more strategic.August brought 11,6...
09/07/2026

Metro Detroit’s housing market is giving buyers more options and asking sellers to be more strategic.

August brought 11,620 active listings in Metro Detroit, a 13.6% increase from last year. The median asking price was $275,000, and homes spent a median of 40 days on the market.

Interest rates have also increased, adding pressure to monthly payments and affordability. For some buyers, waiting for rates to come down may feel like the right move, but there are no guarantees. Rates could remain elevated, and waiting may mean facing higher home prices, more competition or fewer available homes later.

Some buyers may choose to purchase now and refinance if rates improve in the future. The right decision depends on each buyer’s financial situation, goals and long-term plans.

WHAT DOES THIS MEAN?

Buyers may have more room to negotiate, but they should consider the full monthly cost—not just the purchase price. Sellers need accurate pricing, strong presentation and a plan for responding quickly to market feedback.

To help make a deal happen, sellers may need to consider concessions such as contributing toward closing costs, prepaid expenses or repairs. A seller-funded mortgage-rate buydown may also lower the buyer’s initial monthly payment and make the home more competitive without requiring a major price reduction.

The market is not collapsing. It is shifting, and strategy matters.

Whether you’re buying or selling, we’re here to help you navigate what’s next.

Abode Detroit Real Estate
Discover Home.

Source: Realtor.com® Economic Research, August 2026


Long before the QLINE, Detroit had another downtown rail revival: the Detroit Downtown Trolley, also known as the Washin...
09/06/2026

Long before the QLINE, Detroit had another downtown rail revival: the Detroit Downtown Trolley, also known as the Washington Boulevard Trolley and originally the Detroit Citizens’ Railway.

Detroit’s original streetcar era ended in 1956, when the last Woodward Avenue streetcars were replaced by buses. Twenty years later, streetcars returned, not as a revival of the old citywide system, but as a heritage trolley designed to bring activity and visitors back to downtown.

The Downtown Trolley made its debut on September 20, 1976, as part of Detroit’s Bicentennial-era redevelopment of Washington Boulevard. Its original ¾-mile route traveled between Grand Circus Park and Cobo Hall, running through a redesigned Washington Boulevard pedestrian mall.

And these weren’t replicas. Detroit searched for and restored actual historic streetcars from overseas. Most of the cars that eventually operated here came from Lisbon, Portugal, giving downtown Detroit one of the most distinctive little transit systems in the country.

The trolley proved popular enough that in 1980 the route was extended along Jefferson Avenue, past Hart Plaza and toward the newly built Renaissance Center. The complete system was roughly one mile long and was operated by the Detroit Department of Transportation.

But times changed. Ridership declined substantially over the years, particularly after the Detroit People Mover opened in 1987. By the early 2000s, the trolley infrastructure also needed significant work. Detroit ultimately chose to reconstruct Washington Boulevard for automobile traffic, and trolley service made its final runs in 2003.

For nearly 27 years, though, those colorful vintage cars were part of the downtown landscape and for Detroiters who remember them, seeing one rolling down Washington Boulevard was unmistakably Detroit.




Fair Housing Is for EveryoneWhen buying, renting, selling, or financing a home, federal law protects you from housing di...
09/05/2026

Fair Housing Is for Everyone

When buying, renting, selling, or financing a home, federal law protects you from housing discrimination based on:

• Race
• Color
• National origin
• Religion
• S*x
• Familial status
• Disability

Michigan’s Elliott-Larsen Civil Rights Act also prohibits discrimination in housing based on additional protected characteristics, including age, marital status, height, weight, and arrest record, among others.

Everyone deserves equal access to housing opportunities.

Know your rights and choose real estate professionals committed to protecting them.

Learn more:

• Federal Fair Housing information: https://www.hud.gov/fair-housing

• File a federal housing discrimination complaint: https://www.hud.gov/fair-housing/file-a-complaint

• Michigan Elliott-Larsen Civil Rights Act: https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-Act-453-of-1976


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Protected classes verified through HUD’s Fair Housing Act overview⁠.

Arts Beats and Eats festival begins in Royal Oak despite severe weather delays:https://buff.ly/88rQLhz
09/05/2026

Arts Beats and Eats festival begins in Royal Oak despite severe weather delays:

https://buff.ly/88rQLhz

State of emergency declared on Detroit's east side after tornado causes widespread damage:https://buff.ly/j9CrCCY
09/05/2026

State of emergency declared on Detroit's east side after tornado causes widespread damage:

https://buff.ly/j9CrCCY

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Detroit, MI

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Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 6pm

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