Michigan Home Foreclosures June 2009
Posted on June 30, 2009
Filed Under Home Foreclosures |
This is just ONE county out of many, in the Metro Detroit area.
(WXYZ.com) - Home foreclosures in Michigan are among the highest in the nation, and one sobering example can be found in Oakland County.
The number of home foreclosures in Michigan rose again last month.
May saw a 28% increase in the number of Michigan homes in foreclosure.
Michigan’s highest in the nation’ unemployment rate and other factors should continue to contribute to the state’s high home foreclosure rate.
One in every 326 homes in Michigan was in some stage of foreclosure last month.
Duration : 0:1:47
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25 Responses to “Michigan Home Foreclosures June 2009”
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If Crap and Tax ( …
If Crap and Tax (Cap and Trade) gets signed into law, things will get even worse!
is Michigan a ‘Deed …
is Michigan a ‘Deed of Trust’ State?
Thanks for the …
Thanks for the update. Agree with Zach and Ella. Around here, there are areas doing great, and areas really suffering and even ghost towns all over south of us. From what I see, though, it is the middle class getting the brunt of it. There are still spec houses going up over the state line, not to far from me. 800 thous to mill houses. Lots of someones are making money, just not us that are doing the hard work.
Those that have money around here, brag and flaunt. Someday they’ll be whining.
Good vid, jakluk ! …
Good vid, jakluk ! And I agree with Zach’s comment above. Even during the Great Depression, different areas were effected in different ways, but it’s essentially a snowball effect….and the root of the problem is not being addressed.
Now Monty, you’re …
Now Monty, you’re just being nice. You know good and well that Barney is just a pawn in this game. A well-compensated pawn, but a pawn, just the same.
It all started (in earnest) in 1913, at Jekyll Island, and the idiot Woodrow Wilson signed it into law.
You know all this, don’t you?
Jackson killed the central bank, and was rewarded with a gunshot wound. He musta been a tough old rat!
Lincoln introduced an alternative currency. Later, so did JFK. Wonder what happened?
Very sad. One of …
Very sad. One of the nastier elements of an economic catastrophe is that it is felt disproportionally. There have been rumblings where I live, but we’re more insulated here than in most places. But the reality of the depression being experienced differently in different areas obscures the fact that we’re in it together. Unfortunately, there are still many people hoping and praying that it misses them, and that if it hits their community, that it’s their neighbor and not them.
ufish if the …
ufish if the mainstream media is covering the story im willing to wager the situations far worse as you suspect as well.
i think there must …
i think there must be a typo in your description box. “One in every 326 homes in Michigan was in some stage of foreclosure last month. ” it’s obviously much worse than that…
bullshit. managed …
bullshit. managed trade? all the anarchists use that stupid argument. it’s cheap labor without hiring American unioinzed workers. free trade, not managed free trade.
NAFTA is managed …
NAFTA is managed trade,not free trade. It definitely is not a level playing field.
NAFTA is free market
NAFTA is free market
all because of the …
all because of the free market
everyone agrees …
everyone agrees that the money would have been better in the hands of the American workers instead of the bailout banks. That was the first mistake of many that we will see when we read our history books. If they had given everyone a stimulus check of 50,000 each or 100,000 per couple, that money would have gone right back to lenders in payments due.
That is so wrong! …
That is so wrong! Barny Franks should be in Jail IMO, he is the one that started this mess in the 1st place!!!
YEs and didnt they …
YEs and didnt they say the real estate market was improving..Why they put out all different forms of information I just dont know.You would think the NWO would get together with the other news agencies and put out one story together…
It just gets worse
It just gets worse
….and on and on …
….and on and on we go. Crazy.
Thanks for posting …
Thanks for posting this vid. One question and be honest everyone. Was NAFTA good for you?
this is normal. the …
this is normal. the irresponsible people are going to lose their houses. even people who worked 20 years. irresponsible no i don’t see no work of the new world order here. its just a boogeyman. go back to sleep people. nothing to see here.
it’s alot worse out …
it’s alot worse out there than many people realize, i’m afraid. peace
and it seems the …
and it seems the health care debate is all about
the insurance companies.Vampires that they are.
Holy !
Holy !
can’t trust the …
can’t trust the government. the one’s they say “protect us” are the nail in the coffin. rank and file heartless thugs. the one’s in boots are the one’s that trample on your floor with no respect. they are not about peace, they are about destruction, ruin, and keeping people in chains. they have more in common with vicious gangsters that terrorize people but they do it with a pen and legislation. compare the size of the government to independent business. it’s clear who the gangsters are.
poor people , …
poor people , having to sellout there hard paid homes ,
to small to save or …
to small to save or protect to begin with