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“The latest price and profit numbers show notably downward trends, which raises new questions about whether the housing market boom is indeed ebbing, or even ending, after so many years of improvement,” said Rob Barber, ATTOM CEO.
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“You’re seeing year over year seller gains drop in Lansing(-7.8%), in Kalamazoo (-7.2%)and in Ann Arbor (-6.1%) at rates that are similar to what we’re seeing nationally,” said Rick Sharga, executive vice president of market intelligence at ATTOM.
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The pace of home flipping in Michigan’s largest markets is quickening.Home flipping is where someone buys a home, quickly renovates it and tries to sell…
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Opponents of a plan to change the foreclosure process in Michigan say it would put more people out of their homes and hurt property values.They were in…
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Wayne County has finished the first round of what’s been called the "world's largest property auction."The county is trying to get rid of more than 22,000…
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Detroit housing prices fell 3.6 percent from March to April, but were still higher than they were in April 2011.A report released today by…
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A new report says home prices in Michigan, and the rest of the country, are stabilizing. During the recession, home prices swung wildly. First plunging…
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There's positive news about the nation's home prices, but that's not the case in Detroit. Data released by Clear Capital today suggests home sale prices…
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Detroit’s home prices may soon take another tumble. Standard & Poor’s Price-Shiller index says home prices in the nation’s 20 largest cities are falling…
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Livingston and Macomb Counties showed some improvement in Metro Detroit’s slumping home sale prices and sales since January. Macomb County boosted home…