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The number of foreclosure filings is still well below pre-pandemic levels. But they are growing.
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High demand and low supply has led to high home sale prices in 2021 - a trend that is expected to continue for the foreseeable future.
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There’s been an increase in so-called "zombie foreclosures" in Michigan and around the country.Zombie-foreclosures are vacant and abandoned homes that…
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Flint’s home vacancy rate is more than four times the national rate, according to a new report.Realty Trac says nationally 1.6% of homes are vacant. In…
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A new report from Realty Trac says Flint is the most vacant city in the nation, and Detroit isn't far behind.According to the report, 7.5 percent of homes…
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There’s a sharp uptick in banks repossessing homes in Michigan.In 2015, 31,000 Michigan homes were in the foreclosure process. That’s similar to the…
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Michigan’s home foreclosure rate is speeding up and slowing down.Realty Trac reports banks are repossessing more homes – up 27% in November from a year…
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Fewer Michigan homeowners are ‘seriously’ underwater on their mortgages.The Great Recession sent home prices falling. But for the last few years, home…
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A new report says Michigan homes are at much lower risk of natural disasters than those in other parts of the country.Realty Trac reports nearly half the…
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The number of Michigan homeowners 'seriously' underwater on their mortgages ticked up slightly in the last few months.To be ‘seriously' underwater on a…