Wayne County was up almost 4 percent, Oakland rose 1.7 percent and Livingston County sales were up nearly 6 percent.
Across the nation, sales of new homes fell to a six-month low in August. But Michigan is defying the national downturn.
“Welcome to 1941″ read the opening comments.
By selling nearly 100 previously foreclosed or abandoned homes in less than a year, Michigan Association of Realtors’ effort lauded as example for communities across the country.
You’ve been searching for the perfect home for months … spending weekends going through house after house until you finally find ‘the one’.
Prices in three metro areas hit the hardest by the housing crisis – Detroit, Las Vegas and Tampa, Fla. – fell to their lowest points since the recession began.
The state of Michigan continues to be plagued by foreclosures. A recent report on foreclosures ranks Michigan seventh on a list of the top state foreclosure rates.
New business won by Michigan’s technology-focused companies
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?
A webinar titled “Home Ownership: Tips to Survive and Thrive” is taking place this Wednesday at CBSDetroit.com as part of WWJ’s Financial Fitness Series.