According to a new report, home prices in the country’s major metro areas, including Detroit, have sunk to their lowest level since 2006.
You’re not going to find much optimism out of home builders these days.
Home sales numbers have fallen 4.9 percent in Livingston, Macomb, Oakland and Wayne Counties for the month of April over 2010 numbers.
There are houses in the suburbs going for as little as $6,000 — seemingly the deal of a lifetime. Should you take the plunge on one of these properties?
The number of empty homes and vacant rental properties grew by nearly 50 percent in Michigan over the past decade.
Michigan U.S. Senator Carl Levin is pushing to have the Justice Department look into reports of lender abuse in Detroit.
Michigan is still in the top 10 when it comes to home foreclosures.
Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on people’s homes, Federal Reserve Chairman Ben Bernanke said Monday.
The pace of U.S. home foreclosures may not slow much after all. Bank of America said Monday that it plans to resume seizing more than 100,000 homes in 23 states next week. It said it […]
Governor Jennifer Granholm is asking the nation’s top lenders to suspend all Michigan foreclosures until an investigation is finished into legal irregularities.