Michigan has the 10th highest foreclo...

Michigan has the 10th highest foreclosure rates

There are 8 comments on the WOOD-TV Grand Rapids and Michigan story from Feb 26, 2008, titled Michigan has the 10th highest foreclosure rates. In it, WOOD-TV Grand Rapids and Michigan reports that:

The number of homes facing foreclosure jumped 57 percent in January compared to a year ago.

Join the discussion below, or Read more at WOOD-TV Grand Rapids and Michigan.

Karen

Mount Orab, OH

#1 Feb 26, 2008
This is a very sad commentary to the times that we are in.
Seenitbefore

Three Rivers, MI

#2 Feb 26, 2008
So much for Michigan being in a single State economic recession.

Since: Oct 08

Location hidden

#3 Jan 20, 2009
I wonder where we land now? I've been eye-ballin' the deals out there, I just need my stimulus check and I'll invest!
Seth

Downers Grove, IL

#4 Jan 20, 2009
wzombiegrl wrote:
I wonder where we land now? I've been eye-ballin' the deals out there, I just need my stimulus check and I'll invest!
Investors are part of the problem we have now. You run up the price of housing.

Since: Jan 09

Norton Shores

#5 Jan 21, 2009
There are so many great buys on housing right now.
I recently purchased a home in Cary, N.C. The home is 3500sq/ft. 4 BDR/3 1/2 BTH. on just over an acre.
Inground pool an a 4 car garage. It was $155,000, now that is almost what I paid for my existing home an that was 8 yrs ago. My current home is just around 2000 sq/ft. Someone hit the default button an brought housing down to its realistic prices.
XOXOXO

Warren, NJ

#7 Jan 27, 2009
Go figure this.......a state that depends only on the auto industry to drive it. Was going to fall apart sometime.
Whatever

Deerfield, IL

#8 Jan 27, 2009
I think Michigan is ahead of the curve on this. I have several homes in my neighborhood that were forclosed and see more all the time.
susi

Wantagh, NY

#9 Feb 29, 2012
Seth wrote:
<quoted text>
Investors are part of the problem we have now. You run up the price of housing.
That is what should be done. Bring the prices down to its realistic prices, so people who can really afford them, can buy them. Don't forget that those house's prices were over inflated.

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