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Michigan Home Foreclosures - Google Top News Stories


Detroit Home Prices Slide, Foreclosed Properties Dominate Market
Huffington Post
The report also shows sales of distressed homes acquired by banks after foreclosures rose to nearly 10 percent in the last quarter to 51.8 of total sales in Detroit. The study predicts that this market domination by previously foreclosed homes will ...

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Bloomberg

More Detroit area home foreclosures expected
The Detroit News
Michigan had a 26 percent drop. But a projected increase in foreclosure filings will likely cause home sales and prices to stagnate at least for the first half of this year, said Daren Blomquist, a RealtyTrac spokesman. The number of foreclosures this ...
Foreclosures hit lowest level since 2007 across countryDetroit Free Press
2011's foreclosure rate lowest since pre-recessionBusinessWeek
Home Seizures May Jump 25% as U.S. Foreclosures Resume, RealtyTrac SaysBloomberg
USA TODAY
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Bloomberg

BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News
Bloomberg
The foreclosure probe, which had involved attorneys general from all 50 states, began in October 2010 following disclosures that banks were using faulty documents to seize homes. Harris, through spokesman Shum Preston, declined to comment on the ...
Recommended: NY foreclosure lawsuit could slow home seizuresmsnbc.com (blog) (subscription)

all 76 news articles »

WAVY-TV

Foreclosures keep pushing house prices lower
msnbc.com
In California 44 percent of the sales were foreclosure related, followed by Arizona (43 percent), Georgia (34 percent), Colorado (26 percent) and Michigan (23 percent). Some sellers and real estate agents have tried to draw a distinction between ...
Foreclosures Making Up Smaller Slice Of Total US Homes SoldHuffington Post
Majority of Nevada home sales are foreclosuresLas Vegas Review - Journal

all 14 news articles »

Detroiters may be due money for bad loans
Michigan Citizen
Victims of foreclosure are not in their former homes. Many are now renters in the suburbs or have moved out of Michigan altogether. She says the banks are censoring the process by avoiding a public campaign that could be costly and embarrassing.


Chicago Tribune

Foreclosure Properties Decline to 20% of Home Purchases in US
BusinessWeek
Bank-owned homes made up 128712 of those sales, and pre-foreclosure transactions, including short sales, accounted for 92824. Pre-foreclosure deals increased 68 percent from a year earlier in Michigan, 44 percent in North Carolina, 43 percent in Ohio ...
Foreclosure Homes Account for 20 Percent of All US Residential Sales in Q3 ...MarketWatch (press release)
Foreclosures made up 20 pct. of home sales in 3QFox News
Foreclosure Homes Account for 20 Percent of All U.S. Residential Sales in Q3 ...Marketwire (press release)

all 392 news articles »

As Floridians prepare to vote in GOP primary, economy and housing top list
The Detroit News
Their economic plight is similar to one that's felt by thousands throughout Florida and resonates in Michigan as both states have been devastated by high unemployment and high foreclosures. The economic hardship is certain to influence who hundreds of ...

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Bloomberg

On Foreclosures, Uncle Sam Courts Investors
Wall Street Journal (blog)
More than 83000 foreclosures were listed for sale by Fannie, Freddie or the Federal Housing Administration as of late December, with the largest concentrations in California, Georgia, Michigan and Florida. (View map.) The idea of packaging these ...
Fannie Mae tries partnerships with investors to sell foreclosuresSun-Sentinel

all 91 news articles »

Sale prices for foreclosed homes in Michigan are rising
Michigan Radio
By Steve Carmody The prices home buyers are paying for repossessed homes are rising in Michigan. One analyst says it might be a sign that the real estate market may finally have hit bottom. Formerly foreclosed homes have saturated the market in ...


Obama's failed promises: Nevada edition
Examiner.com
PROMISE: Obama Promised Nevadans That He Would “Act Quickly To Help People Stay In Their Homes” “I'll also act quickly to help people stay in their homes, something that's especially critical here in Nevada where foreclosure rates are five times the ...

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