Will Michigan Real Estate Get Worse Before it Gets Better?

Home Foreclosures at an all Time High, Home Prices at an all Time Low

Detroit, MI -- Michigan home foreclosures are among highest in the nation. There are over 200,000 foreclosed homes for sale in Wayne County, Monroe County, Livingston County, Oakland County, and other Michigan counties.

Most of these homes are listed at prices far below their market value and the best deals are listed on the front page of http://www.thequickfinder.com/ LLC. Forbes magazine reports that a median income could afford to buy a house in Detroit, Michigan with only two years of saved wages. In fact, the costs of homes for sale in Michigan are ranked among the lowest the nation.

This paradox has people uncertain about the future of Michigan’s real estate market. Optimists have a favorable outlook, confident that real estate investors, developers and prospective home owners will want to take advantage of the affordable housing. Pessimists on the other hand have a different view, predicting that consumers will continue to be disenchanted, opting for rental property instead. This is mainly because of the underhanded reputation Michigan realtors, real estate agents, loan officers and mortgage brokers have earned.

“People are afraid of being swindled” says Ralph Marcus Maupin, Jr. of the National Real Estate Network. He has witnessed a record number of Michigan homeowners lose their homes in the past three years to bank foreclosures and property taxes. He sees a growing trend of consumers preferring a real estate company like The Quick Finder.com that can find homes for sale in Michigan without the hassle of a real estate agent. When asked about his outlook, he replied “I know we will bounce back soon because there are a lot of great opportunities to buy a house for a great price in Michigan right now.”

The Quick Home Finder.com services the following Counties, Townships and Cities:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte. Washtenaw County: Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti

Livingston County:
Brighton City, Cohoctah Township, Deerfield Township, Green Oak Township, Handy Township, Howell City, Iosco Township, Village of Fowlerville, Brighton Township, Conway Township, Genoa Township, Hamburg Township, Hartland Township, Howell Township, Marion Township, Putnam Township, Unadilla Township, Village of Pinckney

For more information: http://thequickhomefinder.com/


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