Articles about michigan

The executive of Oakland County, L. Brooks Patterson remains optimistic about future, but is aware of the struggles that many will have to face in forth coming years. During his "State of the County 2009," there were 92-hundred foreclosures in Oakland County. He said that, one-in-47 homes have currently been foreclosed, compared to one-in-597 ten [...]

The Michigan Governor Jennifer Granholm received a letter from the Sheriff of Wayne County asking her to take direct action against the home foreclosure crisis. The Wayne County Sheriff Warren Evans has asked the governor to declare a state of emergency in the county.
The city of Detroit is in Wayne County, and according to a [...]

Detroit, the metro county seat of Wayne saw a decline in the foreclosure rates in the end of last year. The number of foreclosures decreased almost by 5 percent in the month of December last year compared with the foreclosure rate in December, 2007. This came as a surprise amidst the massive foreclosures and [...]

The rate of foreclosure in Livingston County for the third straight year is going to simply double in figures from what it was a year back. This is in fact a big problem for the real estate of this county. The officials are not able to say that when this problem is going to resolve. [...]

According to the Mortgage Bankers Association in USA, about one million homes are in the state of foreclosure. A huge number of people have become homeless due to non repayment of home loans. The first quarter report published by the Mortgage Bankers Association has showed that the foreclosure process of millions of homes have been [...]

California had the highest number of properties facing foreclosures with 64,683 foreclosed homes and the number being on rise as well. The rate of increase had occurred by 112% from April 2007. However, the number of properties facing foreclosure, have a declining rate which has been less than 1% in fact! The state had also [...]

California is in the leads currently with its foreclosure rates soaring way higher than the rest. One out of every 204 households in California now is in some way or the other related to foreclosure. According to a report from RealtyTrac, the rate is just half the total that it used to be in March. [...]

The situation with foreclosures in Florida and Nevada has been quite the same as Colorado. These states have seen a lot of speculative and rash buying that has resulted on bets in housing values as well. This has helped the real estate business sink considerably.
In Ohio and Michigan, around 11,273 and 9,494 foreclosures got filed [...]

The Rose City Community Land Trust will have to face foreclosure due to taxes that have not been paid. The land-trust, which started operating in 1986 as a non-profit organization, owns property in the form of land and houses, all over the city. A paucity of funds and lack of participation on the part of [...]

Foreclosure notices being sent out at a rapid pace, in many places, has exceeded the number of homes sold in the particular month. The rate of foreclosures in Nevada is the worst hit with the highest across the nation. With the housing markets being hit continuously with falling prices and distress sales, worried government officials [...]