Property values go up in nearly every Detroit neighborhood
DETROIT – Officials with the city of Detroit announced Thursday that property values increased an average of 8% for the city. Still, there are those who think the assessing process is weighted against the city’s poorest, and Duggan is challenging those claims. “Property values in the city went up 8% last year,” Duggan said. Duggan presented a map of Detroit where green areas meant increased values and red meant decreased. Detroit is a unique market and you can’t get those nuances simply from a sales study.”The official data from the city of Detroit can be found here.
Airbnb requires hosts to commit to enhanced cleaning
Airbnb said Thursday it will require hosts to comply with enhanced cleaning procedures as part of its effort to reassure guests and local officials during the coronavirus pandemic. Hosts in China are exempt because have their own local cleaning program, the company said. Airbnb is no longer requiring hosts to leave their rentals vacant for at least 24 hours between guests, as it did in April. San Francisco-based Airbnb said nearly 1.5 million listings have signed on to the enhanced cleaning standards since they were introduced in June. The company has also been removing party houses from its platform after a shooting last year at an unauthorized Halloween party in California.
Expert calls Detroit housing, rental market ‘kind of wacky right now’
DETROIT – If you’re looking to buy or rent a house in Metro Detroit, you already know you need to act fast and be ready to pay. There are some major factors leading to a booming rental market, especially in the suburbs of Detroit. But there’s also nuance to consider, as the entire housing market is changing right before our eyes. “The market is kind of wacky right now,” Carberry said. I guess the weirdest thing about Detroit right now is it’s following a normal trajectory we would expect in a non-pandemic year.”Many renters are searching for a new home and finding the process infuriating.
Airbnb sets age limit for bookings to prevent ‘unauthorized parties’ ahead of holiday weekend
Officials say individuals under 25 without the positive review requirement can book any type of listing outside of their local area. All guests of all ages are allowed to book private rooms and hotel rooms in any location through Airbnb, officials said. The age restriction is an effort to prevent “unauthorized parties” from occurring at Airbnb-listed homes, especially ahead of the Fourth of July holiday. In late 2019 a mass shooting occurred during a party at an Airbnb listing and the company has since announced steps to prevent a similar event from taking place. In East Lansing 138 COVID-19 cases have been tied to an outbreak at Harpers Restaurant and Brew Pub as of Wednesday.