Is a $900,000 Mortgage Overkill in Southfield or the New Normal for High-End Homes?
Walk through North Southfield on a Saturday afternoon and you will see the new reality in southeast Michigan: luxury colonials tucked behind mature trees, expanded ranches with full modern makeovers, and the occasional custom new build replacing a postwar original. Prices that would once have sounded absurd for Southfield now show up in actual closed sales. So is a 900,000 dollar mortgage in Southfield financial overreach, or is it simply what it costs to play in the hig