Property Sales - An Analysis of Detroit's "Missing Middle" Housing Market

Blog post by Data Driven Detroit
October 17, 2023

Data Driven Detroit (D3)   (Detroit)

Detroit Future City (DFC) report, “Small-Dollar Mortgages: The Role of Small-Dollar Mortgages in Detroit’s Housing Market,” examines the role of small-dollar mortgages in Detroit’s housing market, explains what factors influence the availability and demand for small-dollar mortgages, profiles the dynamics of small-dollar mortgages in three different Detroit neighborhoods, and provides recommendations for increasing small-dollar lending in Detroit for Black homebuyers. DFC developed this report as part of its mission to rebuild Detroit’s Black Middle Class, acknowledging that homeownership is a critical component to creating generation wealth.

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