Michigan housing market
Michigan home values peaked at $154,778 in 2006, fell -37.7% to $96,407 by 2012, and stand at $269,972 today.
Housing Predictor forecasts for Michigan
4 forecasts published for Michigan, newest first.
Coverage gap. The most recent Michigan forecast on this site is for 2019 — 7 years ago. The measured figures above are current; the forecasts below are not.
Michigan in the archive
Reporting filed under Michigan, newest first.
Top Housing Market Winners in 2009
You might look at the list of the annual Top Housing Market Winners in 2009 and think twice about some of the winners.
National Real Estate Prices Forecast to Deflate Further
Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country.
Home Sales & Prices Jump
By Mike Colpitts Sales of existing homes and national median prices jumped in July to reach a seasonally adjusted annual rate of 4.47 million housing units…
Hardest Hit States Foreclosures Slow
By Ryan Jackson Three of hardest hit states in the U.S. housing downturn have seen foreclosures drop by more than 25% providing a major sign of improvement…
Shadow Inventory Declines, But Still Looms
By Mike Colpitts The shadow inventory or the number of homes that lurk uncounted by banks and other mortgage lenders in the abyss of the troubled housing…
Former Homeowners Not Applying for Aid
By Mike Colpitts More than 4-million former homeowners whose homes may have been foreclosed illegally by the nation’s largest banks have received letters…
Recovery Pushes Foreclosures Lower 3 Months
By Mike Colpitts In a sign the U.S. housing market is on the road to recovery, foreclosures dropped for the third month in a row in April, despite a…
More Than Half of Homeowners Can’t Move
More than half of all homeowners with a mortgage are unable to move or make a change in their housing situation as a direct result of being underwater on a…
Home Sales Fall Two Straight Months
By Mike Colpitts Home sales fell for the second month in a row in March, despite unseasonably warm weather and record low mortgage rates, according to the…
FDIC Puts Real Estate Up for Auction
By Ryan Jackson Flooded with an inventory of foreclosures, the government’s Federal Deposit Insurance Corporation (FDIC), which has taken over hundreds of…
Home Values Rising in Hard Hit Markets
By Mike Colpitts A tighter inventory of homes listed on the market for sale are sending home values rising in some of the most unlikely U.S.
Housing Peaks at 60% Deflation
By Ryan Jackson Nevada has led the U.S. in foreclosures for more than five years straight and it has also suffered the highest loss in average housing…
2012 Michigan Housing Market
The headlines over Michigan have been blazing for years. The state is in financial ruin, more than two-thirds of its biggest city residents have left and the…
Homeownership Falls Seventh Year
Troubled by a record foreclosure crisis and an economy hinging on an economic collapse, homeownership fell for the seventh straight year to the lowest level…
Underwater Mortgages Drop Slightly
By Mike Colpitts Homeowners with underwater mortgages or those who owe more on their homes than their properties are currently worth dropped in the third…
Homeownership Drops by Largest Amount Since Great Depression
By Jeanne Roberts It’s probably no surprise that the number of individuals owning homes has experienced its biggest drop since the Great Depression, an epoch…
Mortgage Defaults Edge Up in August
Mortgage defaults were filed for the first time against the largest number of homeowners in more than four years in August as foreclosures surged higher for…
Homeowners Stuck With High Mortgage Rates
The over-whelming majority of homeowners with underwater mortgages are stuck with high interest rate loans and are unable to refinance their mortgages,…
Mortgage Rates Climb a Little
Mortgage interest rates climbed slightly for the week as fixed rates moved up a single basis point on 30-year and 15-year loans from a week earlier,…
Banks Demolish Thousands of Homes
By Mike Colpitts Swamped by foreclosures banks and mortgage lenders are demolishing homes in some of the hardest hit real estate markets in the U.S.
Housing Recovery Delayed as Foreclosures Stall
By Kevin Chiu As many as 1-million homes that should have been foreclosed in 2011 will be delayed until 2012 stalling a housing recovery in the U.S.
Majority Affected by Foreclosures
The crisis is hitting home. An overwhelming majority of respondents to a new Housing Predictor poll say they are directly affected by the foreclosure crisis…
Huge Downgrade in US Housing Market
By Mike Colpitts Buffeted by high unemployment and weak consumer sentiment, housing markets are encountering sluggish home sales in the midst of what is…
Negative Home Equity Strengthens
By Mike Colpitts Homes in negative equity or with mortgages that are higher than the property’s current market value declined in the first quarter of 2011,…