Remove articles auctions-see-high-owner-occupancy-rates-for-foreclosed-homes
article thumbnail

Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

Some might be surprised to hear about this trend toward higher owner-occupancy rates for foreclosed homes. It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction.

article thumbnail

Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The median home price in Michigan went up from $219,549 to $245,439. A new high-water mark is being set in the number of sales in many Michigan communities.

Marketing 111