The State of Michigan is generally managing foreclosure proceedings well. Compared to the previous year, foreclosures have increased by 11.5%, with this percentage mainly affecting large cities like Detroit and Warren, all amidst a difficult economic landscape at the national level. What is really worrying the State of Michigan is the exponential rise in pre-foreclosures. View more
In the latest developments concerning Detroit’s real estate landscape, the city finds itself grappling with a discernible uptick in foreclosure activities, reflecting a trend that warrants both concern and strategic intervention. As of early 2024, Detroit, a city emblematic of resilience and transformation, is confronting the realities of a shifting housing market View more