Michigan foreclosure rate stable, but still higher than last year
Michigan’s home foreclosure rate has stabilized, but is still much higher than the national rate. One out of every 98 homes in the state is in the foreclosure process.Daren Bloomquist is a spokeman for...
View ArticleMichigan home prices continue slide
Michigan home prices continue their downward slide and the trend shows little sign of stopping.Home prices in Michigan declined about 9% in the third quarter, a downward trend that started in April as...
View ArticleNo progress for Midwest's housing market
Things continue to look bad for the Midwest housing market. Seven of the lowest performing major markets in the nation are from the Midwest and Detroit leads the pack. Sean McSweeney is with Clear...
View ArticleExperts: Housing price rise isn't a trend, especially in metropolitan areas
Realtors are hoping an uptick in home prices reported on Tuesday is the beginning of a turnaround, but industry experts say it's too soon to tell if the improvement is anything other than a seasonal...
View ArticleOakland County: Fannie, Freddie dodging taxes
There’s a David-and-Goliath story about to play out in federal court in Detroit.Oakland County Treasurer Andrew Meisner says Fannie Mae and Freddie Mac are illegally dodging millions of dollars in...
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 ArticleHousing advocates, landlords argue over housing code changes
Dozens of rental property owners and housing advocates are expected at a meeting in Grand Rapids this week. The rise of foreclosures could prompt the city to change parts of its housing code.The city...
View ArticleNew report: Detroit home sale prices up 10 percent from last year
A new report says housing prices are climbing in Detroit.Home sale prices in major cities increased by about 4 percent from October 2011 to October 2012, and Detroit is rebounding more than twice as...
View ArticleLow housing inventory in many Michigan markets – good for sellers,...
If you’re having a hard time finding a home to buy right now, you are not alone. The supply of houses for sale in many markets across the state are hitting near all-time lows.Interest rates remain...
View ArticleHow will Michigan's housing market fare in 2014?
One of the common traditions as we end one year and begin another is taking stock — reviewing where we've been and figuring out where we want to go in the New Year.A good place to focus that review...
View ArticleIs it better to buy or rent a house in Michigan?
If you're a baby boomer, chances are you grew up with your parents pounding one basic truth of life into your head, and that truth was that you are always better off owning your own home rather than...
View ArticleStateside for Monday, December 16th, 2013
The Great recession and the accompanying housing meltdown changed the way many of us think about home-ownership. For decades, owning a home seemed to be part of the American Dream, but that dream has...
View Article1 in 3 Michiganders are seriously underwater on their homes
At first it doesn't sound that great: 1 in 3 people who have mortgages still owe at least 25% more on their house than it's actually worth.But a year ago, it was even worse. At that time, more than...
View ArticleMichigan's housing market expected to continue slow growth in 2015
2015 may be another slow growth year for Michigan’s housing industry.A few years ago, as home sales slowly started to recover from the depths of the Great Recession, analysts were predicting a return...
View ArticleMichigan foreclosure rate stable, but still higher than last year
Michigans home foreclosure rate has stabilized, but is still much higher than the national rate. One out of every 98 homes in the state is in the foreclosure process. Daren Bloomquist is a spokeman for...
View ArticleMichigan home prices continue slide
Michigan home prices continue their downward slide and the trend shows little sign of stopping. Home prices in Michigan declined about 9% in the third quarter, a downward trend that started in April as...
View ArticleNo progress for Midwest's housing market
Things continue to look bad for the Midwest housing market. Seven of the lowest performing major markets in the nation are from the Midwest and Detroit leads the pack. Sean McSweeney is with Clear...
View ArticleOakland County: Fannie, Freddie dodging taxes
Theres a David-and-Goliath story about to play out in federal court in Detroit. Oakland County Treasurer Andrew Meisner says Fannie Mae and Freddie Mac are illegally dodging millions of dollars in...
View ArticleForeclosure filings down in Michigan, analyst gives some credit to government...
Michigans 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 declined...
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