Commerce Township Real Estate News
Real Estate news for Commerce Township, MI continually updated from thousands of sources.
5 hrs ago | via C & G Newspapers
Plans for the original development came to a screeching halt years ago due to a decline in the economy, and the property has sat deserted since 2008. The complex - which is located on the east side of Telegraph Road, north of Square Lake Road - straddles the border of Bloomfield Township and Pontiac. Comment?
22 hrs ago | via ClickOnDetroit
POLICE ARE LOOKING FOR AN OLDER BLUE OR GRAY CHEVY ASTRO VAN. AND TONIGHT MYSTERY SOLVED. Comment?
Tuesday Sep 30 | via MLive.com
The Federal Housing Finance Agency's Home Affordable Refinance Program has refinanced over 3.2 million underwater mortgages since it was created in 2009, and there are still 58,989 Michigan home loans still eligible for the help, including 11,932 in Wayne County, 6,727 in Oakland County and 6,230 in Macomb County. The Federal Housing Finance Agency's Home Affordable Refinance Program has refinanced over 3.2 million underwater mortgages since it was created in 2009, and there are still 58,989 Michigan home loans still eligible for the help, including 11,932 in Wayne County, 6,727 in Oakland County and 6,230 in Macomb County. Comment?
Sep 17, 2014 | via Rebuilding Place in the Urban Space
While I focus on urban or center city revitalization, the reality is that the characteristics of successful community improvement are universal, even if community characteristics and opportunities for improvement vary from place to place. People often make the mistake of thinking "universally" or "globally" when the reality is that community improvement works at the scale of a district. Comment?
Sep 16, 2014 | via Patch.com
A program backed by the Troubled Asset Relief Act has helped more than 550 Oakland County residents remain in their homes. A program that helps Oakland County homeowners pay off delinquent property taxes, interest and fees just received its five-millionth dollar, according to a news release. Comment?
5 hrs ago | via The Washington Post
This ad from Bobby McKenzie, the Democratic congressional candidate in Michigan's 11th district, calls his Republican opponent, David Trott, a "foreclosure king". Underdog Democrat Bobby McKenzie knows he needs to shake up his race against Republican David Trott to stand a chance of an upset win in Michigan's 11th district. Comment?
Friday Oct 17 | via MLive.com
The state is coordinating free workshops across Michigan on Monday, Oct. 20 aimed at providing personal financial checkups to Michigan residents 50 years and older. The workshops, called Reinventing Mi Retirement: achieving financial security to last a lifetime, are sponsored by the Michigan Department of Insurance and Financial Services and its partners which include professional organizations, banks and credit unions. Comment?
Wednesday Oct 15 | via MLive.com
A new study of home mortgage activity concludes that West Michigan is the nation's most "racially uneven" housing market when it comes to helping African Americans and Hispanics recover from the housing bust. The Urban Institute's national study of 100 million mortgages from 2001 to 2013 concluded that while mortgage loans are down sharply for all homeowners from the heyday in the mid-2000s, the decline has been much sharper for African Americans and Hispanics. Comment?
Tuesday Oct 14 | via MLive.com
In September, median selling prices of residential real estate in Metro Detroit climbed 14.6 percent on an annual basis to $149,000, marking the 19th straight month of growth, according to figures released this week by Realcomp. Realcomp, the Farmington Hills-based Multiple Listing Service for southeast Michigan, defines Metro Detroit as Wayne, Oakland, Macomb and Livingston Counties. Comment?
Wednesday Oct 1 | via ClickOnDetroit
What does a 28,000-square-foot mansion on Lakeshore Drive look like? Well, you could mention the massive quantities of marble, the grand staircase, the restaurant-sized wine cellar, the indoor pool, the outdoor pool or the many artisanal murals and custom work throughout the house. "The property is spectacular. Comment?
4 min ago | via Housing Wire
Things just keep getting worse for Ocwen Financial . In the last two days, Ocwen has been the subject of a letter from New York Department of Financial Services Superintendent Benjamin Lawsky, which alleged that the company had been backdating potentially hundreds of thousands of letters to borrowers "likely causing them significant harm." Comment?
7 min ago | via Wall Street Journal
U.S. home sales reached the highest level of the year in September, a sign of slowly building momentum in a housing market whose recovery has come in fits and starts over the past year. Sales of previously owned homes climbed 2.4% from a month earlier to a seasonally adjusted annual rate of 5.17 million in September, the National Association of Realtors said Tuesday. Comment?
7 min ago | via Wall Street Journal
A push to tighten mortgage-lending standards in the wake of the housing bust has given way to making credit more accessible as Washington frets about the strength of the housing recovery. On Tuesday, federal regulators took a big step toward easing postcrisis lending rules, agreeing to drop a proposed requirement that borrowers make a 20% down payment in order to get a high-quality mortgage. Comment?
28 min ago | via Housing Wire
Citing growth in its data and analytics division and a shifting business plan, CoreLogic reported an increase in revenue from $349.4 million in the second quarter to $367.5 million in the third quarter. The company reported that revenue from its data and analytics operations increased 23% year-over-year, to $173.6 million. Comment?
2 hrs ago | via Housing Wire
The Securities and Exchange Commission approved the final risk retention rule by a vote of 3-2 on Wednesday. Now all that is left is approval from the Federal Reserve The final rule becomes effective one year following its publication in the Federal Register for residential mortgages and two years following publication for all other asset classes, Bank of America Merrill Lynch said. Comment?
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