Michigan Housing Market News

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Latest Michigan Housing Market News

Foreclosure: Impact felt in neighborhoods 20 Jul 2008 09:30 GMT
... one is exempt," said Dave Whitcomb, a real estate agent who specializes in listing foreclosed properties. ... foreclosure crisis started to hit. In June, Michigan ranked fifth in the nation in terms ... for having some of the most affordable housing in the country. Locally, experts tie the jump ...
Foreclosures affect communities 20 Jul 2008 09:30 GMT
... Martinez, executive director of the Greater Lansing Housing Coalition, one of a number of nonprofit groups ... said Judy Walker, 54, whose husband left Michigan recently for a job in Alabama. The ... Susie Mohlman, associate broker at Sproat GMAC Real Estate in Leslie, sees another culprit. The small ...
Tyson takes stake in Chinese poultry firm 20 Jul 2008 09:10 GMT
... two stand-alone, publicly traded entities: A timber real estate investment trust with 1.7 million acres of forestland ... consisting of four sawmills in Arkansas, Idaho, Michigan and Minnesota. Brock, a freelance journalist based in ...
Florida has serious problems, but it could be worse 20 Jul 2008 08:59 GMT
... And as I learned while living in Michigan several months last year, most Americans outside ... immediate end. People will still settle here. Real estate will recover eventually -- the crunch may ... the crunch may even result in more-affordable housing. Jobs will come back. We probably have a ...
Condo life isn't so easy 20 Jul 2008 07:37 GMT
... the impact," he said. "Because of oversupply, prices have been devastated," said Sabo, who is ... Associations Institute, the trade association for all Michigan homeowner, condo and property owner associations. The Highland ... lower prices. At the peak of the real estate market, in August 2005, a lakefront 2-bedroom, ...

Wall Street eyes bank results for clues on more write-offs 20 Jul 2008 06:25 GMT
... Wells Fargo. A sharp drop in oil prices also improved sentiment and lifted the market. ... that the twin pillars of the US housing market will continue in that role. The ... on consumer sentiment, when the Reuters/University of Michigan sentiment survey will be released. Analysts expect ...
Gas prices accelerate a return to the cities 20 Jul 2008 04:27 GMT
... used to be Denver's airport. Its developer, real estate company Forest City, puts homes within walking ... country's fifth-largest city is spending to build housing, a university campus and a mass transit rail ... real estate development at the University of Michigan, note that people are now willing to ...
Detroit mayor donors have tax troubles 20 Jul 2008 03:19 GMT
... more than $500,000 to the state of Michigan. Brian Jeffries, an investment manager, contributed $10,000 to the defense fund. ... the IRS. Medici Homes Inc., a Detroit-area real estate company, gave $50,000. The IRS has filed ...
Worst Housing Markets Falling Faster 20 Jul 2008 01:17 GMT
... (PRWEB) July 17, 2008 -- As the real estate crisis expands and deflates more housing markets across the nation, the Housing Predictor Worst ... worst 25, including Florida, Ohio, Indiana, Nevada, Michigan, Oregon, Georgia, Delaware and Massachusetts. To check ...
Former tax preparer charged with 11... 19 Jul 2008 22:31 GMT
... he stole more than $1 million from Mid-Michigan senior citizens. Thursday afternoon, that former tax preparer ... them he would invest their money in real estate and that real estate was a good ... racketeering or conducting a criminal enterprise, five different counts of embezzlement and five different counts ...
The Buells: Giving, caring, visionary 19 Jul 2008 21:56 GMT
... bring about change," says Mark, a retired real estate developer. "As a citizen, I feel very, ... Barbara Boxer and Sen. Debbie Sabenow of Michigan. Susie Buell ranked No. 4 nationally in ... work close to home. They support affordable housing in Marin, for instance, and helped fund a ...
State's Jobless Rate Rises 19 Jul 2008 16:31 GMT
... to expand job losses beyond the depressed housing and construction industry to other sectors. The ... residents are getting hit by falling home prices, soaring energy costs and falling stock portfolio ... third-highest unemployment levels in the nation. Only Michigan and Rhode Island have higher jobless rates. ...
County jobless rate at 12-year high One in 16 in local work force was unemployed last month 19 Jul 2008 14:11 GMT
... third-highest jobless rate in the nation, following Michigan with 8.5 percent and Rhode Island with 7.5 ... in the financial sector, mostly related to real estate and mortgages. The largest rise in employment ... stock values and sharp increases in energy prices. These are very real, even if home ...
Workshop targets Toledo's vacant house issue 19 Jul 2008 12:17 GMT
... Toledo and Lucas County officials, neighborhood groups, housing advocates, and others gathered to discuss what to ... after a land bank in Genesee County, Michigan, (home of Flint). The start-up funds would ... in the state. A 2008 study by RealtyTrac Inc. ranked the Toledo metro area 19th ...
Florida job loss worst in U.S. 19 Jul 2008 12:16 GMT
... bonanza, adding a whopping 245,000. Florida's rising cost of living has slowed the state's growth. And the recent housing boom has left South Florida with a ... right now is even worse off than Michigan, that quintessential Rust Belt state, which lost ...
County jobless rate at 12-year high 19 Jul 2008 12:09 GMT
... third-highest jobless rate in the nation, following Michigan with 8.5 percent and Rhode Island with 7.5 ... in the financial sector, mostly related to real estate and mortgages. The largest rise in employment ... stock values and sharp increases in energy prices. These are very real, even if home ...
Wallet inside a wall for 50 years 19 Jul 2008 11:39 GMT
... for the Hall, it means something very different to the family of Guy, who passed ... a general sales manager at Ford in Michigan, with "special consideration please," penned on the ... former business, Kevin M. Guy Insurance & Real Estate on Fleet Street, an agency still family ...
Firm buys fleet for employee use 19 Jul 2008 11:11 GMT
... will help employees struggling with high fuel prices. �Our customers are located throughout northeast Indiana, ... are located throughout northeast Indiana, Ohio and Michigan,� company President Dan Dickey said in a ... customers in our broad market range.� The real estate services firm�s corporate offices are at 118 ...
Freddie Mac moves to sell stock 19 Jul 2008 11:00 GMT
... Firm invests in fleet to cut worker costs NAI Harding Dahm announced Friday it has ... for employee use. The Fort Wayne-based commercial real estate firm bought five new vans and two ... company's customers throughout northeast Indiana, Ohio and Michigan. “Until now, our property management employees were ...
CoolSprings Galleria plans 200,000 square-foot expansion 19 Jul 2008 10:31 GMT
... Retail sales are dismal. The housing market is struggling. And CoolSprings Galleria is expanding. ... The news did little to surprise local real estate agents or developers, who said retailers are ... to finance a spec mall in Detroit, Michigan, or a 100-lot subdivision in the Panhandle ...
As Boesen laid to rest, impact felt in business 19 Jul 2008 10:28 GMT
... A retail flower shop in Michigan owned by deceased Des Moines businessman Ed Boesen ... operates Pinnacle Bank, which Boesen and other investment partners proposed to buy just last month. ... positions in aircraft services, retailing, and commercial real estate. Last month, Pinnacle Capital Corp., of which ...
CoolSprings Galleria plans 200,000 square-foot expansionMall may have a waiting list for open-air center 19 Jul 2008 08:27 GMT
... Retail sales are dismal. The housing market is struggling. And CoolSprings Galleria is expanding. ... The news did little to surprise local real estate agents or developers, who said retailers are ... to finance a spec mall in Detroit, Michigan, or a 100-lot subdivision in the Panhandle ...
Michigan Ave. at 14th quietly turning into hip destination - 11/24/05 - The Detroit News Online 19 Jul 2008 08:27 GMT
... Michigan Ave. at 14th quietly turning into hip ... this than just the search for cheap real estate. Cooley yearned to find other "like-minded people," ... for a mixed-use development involving business and housing. He'd also like to maintain the baseball diamond ...
McCain backer resigns after "whiners' comment 19 Jul 2008 07:53 GMT
... comments showed that McCain is out of touch with voters' concerns over high gas prices, the struggling housing industry and the shaky economy in general. In Michigan earlier Friday, McCain pledged to help auto workers rebuild their industry and in the ...
Florida loses 78,000 jobs -- worst in U.S. 19 Jul 2008 07:31 GMT
... slowed the state's growth. And the recent housing boom has left South Florida with a ... right now is even worse off than Michigan, that quintessential Rust Belt state, which lost ... things could get better sooner if oil prices -- which he thinks are over-inflated -- ...

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