home foreclosure

Michigan’s home foreclosure crisis of a few years ago can still be felt by the state’s real estate industry.In February, 2011, 35.3% of the homes sold in…

The number of homes in Michigan in foreclosure has dropped to its lowest level since 2005.Foreclosure filings in Michigan have been steadily declining for…

Michigan’s Attorney General says a Detroit man defrauded more than 100 people in southeast Michigan with a fake mortgage rescue scam.Bill Schuette says…

Realty Trac is out with a report on home affordability.The report shows that rising home prices and interest rates are translating into higher monthly…

Realty Trac reports nearly a third of Michigan homeowners owe 25 percent or more on their mortgages than their homes are actually worth. In December, 31%…

House flippers in Michigan are having a tough time making money these days.Before the recession, house flipping was a small, but very active part of…

Michigan home sale prices have made a major recovery from the bottom of the recession.But home prices are still far below their peak eight years…

Michigan homeowners continue to struggle with underwater mortgages.Realty Trac reports today that 38% of Michigan homeowners owe at least 25% more on…

Michigan's home foreclosure rate is tumbling.During the Great Recession, Michigan's foreclosure rate was among the nation's highest and, at times, the…

Michigan's home foreclosure rate is falling and our state is certainly no longer number one in foreclosures in the country. We found out why on today's…