PROPERTY VALUES STALLED: Oakland Co. growth hits 40-year low (freep)
"The county has seen a 579% increase in foreclosures since 1998, with 715 homes lost that year, and 4,855 foreclosed upon in 2006."
I can't express the kind of frustration I am feeling right now - there's nothing like buying a starter house that is too small at the top of the market and then having to wait ten years to be able to sell it for something bigger. Is this the worst thing that has ever happened to a person? Hardly. Does it still suck for everyone in Michigan that our economy is busted, our legislature is unwilling or unable to cooperate, and the value of our greatest asset is depreciating or even under water? You bet.
Older people: If you own a tudor or a brick duplex in Birmingham and you are ready to trade down for something small and manageable with a first floor master, get in touch, we'll just swap houses.