Detroit News: Michigan foreclosure rate still high
Detroit News has this report today: Michigan, Metro foreclosure rates still rank among highest in nation.
A snippet:
In Michigan, foreclosure activity in the first quarter jumped 24.3 percent from a year ago, to 29,544 properties receiving at least one foreclosure-related filing. The state’s first-quarter foreclosure rate of one for every 153 homes ranked it seventh-highest in the nation. States with higher rates were Nevada, California, Arizona, Florida, Colorado and Georgia, Irvine, Calif.-based RealtyTrac Inc. said Tuesday.
Posted: April 29th, 2008 under Foreclosure, In the News.
Comments: none