Home foreclosures inched higher in Michigan last month
The number of home foreclosures in Michigan inched higher last month. One in every 311 homes in Michigan received a foreclosure noticed in March. The number of foreclosures was up about 4 percent from...
View ArticleMichigan's foreclosure process slows down
Michigan mortgage lenders are taking longer to foreclose on delinquent homeowners. In 2007, the entire foreclosure process in Michigan took on average 78 days to complete. This year, the average...
View ArticleForeclosure rates will continue to rise in Metro Detroit
Livingston and Macomb Counties showed some improvement in Metro Detroit’s slumping home sale prices and sales since January. Macomb County boosted home sales by 5% in the four month period. Livingston...
View ArticleMichigan cities seeing foreclosure filings decline
The number of foreclosure filings dropped significantly in cities across Michigan during the first six months of the year. Daren Bloomquist, with Realty Trac, says this not necessarily good news....
View ArticleForeclosure filings down in Michigan, analyst gives some credit to government...
Michigan’s foreclosure rate continues to fall. A new report shows another month with a sharp decline in foreclosure filings in the state. RealtyTrac reports home foreclosure filings in Michigan...
View ArticleForeclosures & short selling pulling down Michigan home sale prices
Michigan home prices are still sliding thanks to banks selling foreclosed homes and short-selling others. Realty Trac reports 40 percent of all home sales in Michigan between April and June involved...
View ArticleReport: Home sale prices rise in Michigan (but is a fall coming this winter?)
Michigan home sale prices increased significantly during the past three months. But according to a new report, prices are predicted to take another tumble. Michigan home sale prices are down...
View ArticleMichigan's home foreclosure rate improving
Home foreclosure filings in Michigan continued to slide last month. Realty Trac reports one in every 354 Michigan homes were in the foreclosure process in January. That’s a 23% improvement over...
View ArticleMichigan's home foreclosure crisis easing
Michigan’s home foreclosure rate continued to fall in February. Realty Trac reports today that one in every 433 Michigan homes had a foreclosure notice filed against it in February. That was an...
View ArticleFannie and Freddie might have to cough up millions to Michigan
Oakland County Treasurer Andrew Meisner filed a lawsuit against federally backed mortgage companies Fannie Mae and Freddie Mac last year. He claimed they were dodging taxes. And he won. The result...
View ArticleHome foreclosures declining in Michigan
Realty Trac is reporting today that Michigan’s home foreclosure rate is improving. Foreclosure filings were down nearly 20% during the first three months of the year compared to the fourth quarter of...
View ArticleMichigan's home foreclosure rate declines for 19th straight month
Michigan’s home foreclosure rate continues to fall dramatically. Realty Trac reports today foreclosure filings in Michigan fell another 6% last month and are down more than 40% compared to a year ago....
View ArticleMichigan's home foreclosure rate trends lower
Michigan’s falling home foreclosure rate reached a milestone last month. But one analyst expects the second half of the year will see an uptick in homes being repossessed by banks.
View ArticleForeclosure numbers tumble again in Michigan (but a September spike is possible)
Michigan’s home foreclosure rate continues to trend lower, but a spike in foreclosure filings may be coming this month. August marked 22 straight months that Michigan’s year over year foreclosure...
View ArticleMichigan's falling home foreclosure rate may reach a milestone soon
Michigan’s home foreclosure rate could soon reach a milestone. A few years ago the state's foreclosure rate was near the top of the fifty state list. But Daren Bloomquist with Realty Trac says the...
View ArticleReport: Detroit's home foreclosure rate is moving down
Detroit’s home foreclosure rates are dropping. Realty Trac reports Detroit now has the 39th highest home foreclosure rate in the country. That's a big change from a few years ago, when Detroit...
View Article8,000 Genesee County properties head to foreclosure
FLINT, Mich. (AP) - With just three months remaining before winter tax payments are due and with about 8,000 parcels rolling toward tax foreclosure in April, Genesee County treasury officials are...
View ArticleMichigan's home foreclosure rate has "plummeted" during the past two years
Michigan’s home foreclosure rate has "plummeted" during the past 24 months, according to a new report.According to Realty Trac, home foreclosure activity in Michigan dropped about 23 percent last year...
View ArticleDetroit home sale prices continue to improve
Detroit’s real estate market posted some of the strongest price gains in the nation in 2012.The just released S&P/Case-Shiller Home Price Index charts home sale prices in the nation’s twenty...
View ArticleSeveral local cities rank high on a list of the best places to rent out...
A new report finds three regional cities are good places to buy and rent out single family homes.A new Realty Trac survey lists Detroit, Saginaw and Toledo among the 20 best markets in the country to...
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