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Old 09-07-2007, 06:54 AM
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Default Congratulations to Michigan!!!!!

We have finally arrived -- according to Channel 2 Fox News, we are #1 in Foreclosures and #2 in mortgage delinquencies. Not surprising, but it is disappointing.

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Old 09-07-2007, 08:04 PM
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I heard just yesterday that we are #3 in foreclosures. Or maybe that was just for my county.

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Old 09-07-2007, 09:04 PM
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Quote:
Originally Posted by janette moss View Post
We have finally arrived -- according to Channel 2 Fox News, we are #1 in Foreclosures and #2 in mortgage delinquencies. Not surprising, but it is disappointing.
Nope, that's not true. Here's the 2007 lists of the states with the highest foreclosures in June 2007 (Courtesy of MSN Money):

1. Nevada
2. California
3. Colorado
4. Florida
5. Arizona
6. Ohio
7. Michigan
8. Georgia
9. Conneticut
10. Indiana

Of course, this is two months out of date, but I doubt that Michigan could have jumped six places in only wo short months. I think you're just disgruntled with the housing market, causing you to be more pessemistic about the situation than you should be.

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Old 09-07-2007, 09:33 PM
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Actually, I saw some GOOD news concerning Michigan's housing market.

I've been watching MSNBC's Hot or not? Housing markets across America for almost 9 months now while our house has been on the market. Most of that time, Michigan and Ohio occupied the vast majority of the bottom 20 spots (the COOL market). Reaso I kept an eye on it was Monroe, MI was always on the list.

So I checked the list again today. For the first time, only one spot is a MI city and NOT a single OH city. MI and OH have all been replaced in the COOL market by CA and FL. Hot or not? Housing areas across America - Real Estate - MSNBC.com

Granted, MI probably hasn't moved far up the list but at least we are NO LONGER IN THE BOTTOM!!!! Liz

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Old 09-08-2007, 07:03 AM
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Quote:
Originally Posted by southernlady5464 View Post
Actually, I saw some GOOD news concerning Michigan's housing market.

I've been watching MSNBC's Hot or not? Housing markets across America for almost 9 months now while our house has been on the market. Most of that time, Michigan and Ohio occupied the vast majority of the bottom 20 spots (the COOL market). Reaso I kept an eye on it was Monroe, MI was always on the list.

So I checked the list again today. For the first time, only one spot is a MI city and NOT a single OH city. MI and OH have all been replaced in the COOL market by CA and FL. Hot or not? Housing areas across America - Real Estate - MSNBC.com

Granted, MI probably hasn't moved far up the list but at least we are NO LONGER IN THE BOTTOM!!!! Liz
Thanks for the hope. There is a dim light at the end of the tunnel at this time. I have a tee-shirt that has your motto on it -- I think, therefore I am (not at the bottom).

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Old 09-08-2007, 07:12 AM
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When it comes to news reporting channel 2 isn't the best for info,

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Old 09-08-2007, 07:18 AM
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Quote:
Originally Posted by dmetro View Post
Nope, that's not true. Here's the 2007 lists of the states with the highest foreclosures in June 2007 (Courtesy of MSN Money):

1. Nevada
2. California
3. Colorado
4. Florida
5. Arizona
6. Ohio
7. Michigan
8. Georgia
9. Conneticut
10. Indiana

Of course, this is two months out of date, but I doubt that Michigan could have jumped six places in only wo short months. I think you're just disgruntled with the housing market, causing you to be more pessemistic about the situation than you should be.
No that's not true about being pessemistic, just a realist and a little anxious. MSN Money or Fox -- who really knows? All of the public hears and reads different information. Fox said it, I didn't -- whether they are fair and balanced or not. Any information that is not true should not be said publicly. If anyone watched the news yesterday morning, they heard this information also. Thanks for your list -- keep sharing and eventually the truth will come to light from some source.

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Old 09-08-2007, 07:47 AM
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Quote:
Originally Posted by janette moss View Post
Thanks for the hope. There is a dim light at the end of the tunnel at this time.
As long as that dim light isn't a big ole train heading our way. LOL.

Anyway, we have to be #1 in some thing, how about people leaving the state!

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Old 09-08-2007, 09:00 AM
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Quote:
Originally Posted by Zmehappy View Post
As long as that dim light isn't a big ole train heading our way. LOL.

Anyway, we have to be #1 in some thing, how about people leaving the state!
LOL You have a great sense of philosophical humor and me too! Being disgruntled is a waste of energy!! Thank God we're not.

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Old 09-08-2007, 09:02 AM
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Quote:
Originally Posted by Frankawitz View Post
When it comes to news reporting channel 2 isn't the best for info,
Which channel is? Really want to know.

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