Recent data from Realtor.com shows that the U.S. median listing price in August was $435,000 which is down $15,000 from the record high of $450,000 in June.
In Michigan, the average price a home is sold at is $248,000 which is significantly less than the national average.
In Grand Rapids, the median sold home price is $310,000, making it one of the more expensive places to live in the state.
Michigan is reporting 5,989 new COVID-19 cases, according to a weekly report the Michigan Department of Health and Human Services released Tuesday.
Former U.S. Rep. Gabby Giffords, a gun violence survivor, joined state leaders Wednesday for a rally at the Michigan Capitol as the Michigan Legislature continues to debate gun safety legislation.
Detroit business owner Joyell Lewis on Thursday applauded the launch of the new $10 million Michigan Economic Opportunity Fund (MEOF), a microbusiness loan program for women and entrepreneurs of color in Michigan, led by Michigan Women Forward (MWF).