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Tagged: foreclosure

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Business
12:30 pm
Wed May 29, 2013

Michigan home builders have trouble finding skilled workers

Credit calgaryrealestate.com

Building permits are up by more than a third this year in Michigan.  Home prices are also rising.

These should be great days for Michigan’s homebuilding industry, which nearly ground to a halt during the recession.

But there’s a problem: not enough workers.

A survey finds a third of Michigan homebuilding contractors are having trouble finding enough workers to do the job. 

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Politics & Government
5:08 pm
Tue May 28, 2013

Lawmakers seek to shorten the amount of time to stop a bank foreclosure

Foreclosed house in Ypsilanti Township
Credit Rebecca Williams / The Environment Report
A foreclosed house in Michigan.

Opponents of a plan to change the foreclosure process in Michigan say it would put more people out of their homes and hurt property values.

They were in Lansing today to protest a package of bills in the state Legislature.

The legislation would shorten the amount of time homeowners have to stop a bank foreclosure from six months to two months.

Ingham County Register of Deeds Curtis Hertel Jr. says banks have wrongly foreclosed on thousands of properties across the state.

He says it often takes months for people to prove they don’t deserve to lose their home.

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Politics & Government
9:02 am
Sat April 13, 2013

The week in review: taxing pensions, foreclosures and international bridge

Credit Lester Graham / Michigan Radio
The Lansing Capitol

Week in review interview for 4/13/13

This week in review Rina Miller and Jack Lessenberry discuss the possibility of repealing a tax on pensions, how Michigan's home foreclosure rate is no longer the worst, and how the international trade crossing has a presidential permit to move forward.

Economy
12:38 am
Thu April 11, 2013

Michigan's home foreclosure rate closer to the national average

Credit Steve Carmody/Michigan Radio
A rare sign these days (file photo)

Michigan’s home foreclosure rate is no longer among the nation’s worst.

Realty Trac reports Michigan ranked 16th in the nation in home foreclosures in March.  That is a far cry from a few years ago when the state had the nation’s highest foreclosure rate.

Mary Townley is with the Michigan State Housing Development Authority.  She credits the authority’s “Step Forward” program for providing assistance to people at risk of losing their homes…

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Politics & Government
9:00 am
Sat January 19, 2013

The week in review

Credit Steve Carmody / Michigan Radio

Week in review interview for 1/19/13

This “week in review” Michigan Radio’s Weekend Edition host Rina Miller and political analyst Jack Lessenberry discuss: Governor Rick Snyder’s State of the State speech, the possibility of no fault absentee voting, a positive report on Michigan’s housing market, and a possible tax amnesty program for Detroit.

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Politics & Government
7:27 am
Thu January 17, 2013

In this morning's Michigan news headlines. . .

Credit User: Brother O'Mara / flickr

Governor Snyder addresses roads, schools and partisan divisions in State of the State

"In his State of the State speech last night, Governor Rick Snyder asked lawmakers to fix roads, schools, and partisan divisions. Snyder wants them to find a way to increase spending on roads and transportation by more than a billion dollars a year. He says bad roads are a financial burden on drivers and the state alike," the Michigan Public Radio Network reports.

Michigan foreclosure rate plummets

"A new report suggests Michigan is becoming more of a home seller’s market. Home sale prices plunged in Michigan during the recession. But Realty Trac reports in 20-12 home sellers were getting about 94 percent of their initial home sale price listings," Steve Carmody reports.

Michigan set 160 weather records in 2012

One hundred and sixty extreme weather records were set in Michigan in 2012. That's according to the Natural Resources Defense Council. As the Detroit News reports,

"The Detroit News reports, "Last year's statewide weather broke records across the spectrum including, 139 heat records in 44 counties, 18 rainfall records in 14 counties and three snow records in three counties. Michigan's weather seems to be paralleling the national trend of record-breaking heat, rain and snow."

Politics & Government
9:25 am
Thu October 11, 2012

In this morning's Michigan news headlines. . .

Credit User: Brother O'Mara / flickr

No citizenship box on ballot

"Secretary of State Ruth Johnson says there will be no citizenship box for voters to check on ballot applications this November. Johnson says the election is getting close, so she won’t challenge a federal judge’s ruling that the citizenship question is unconstitutional. But she says there could be further legal action after the election. Johnson says she also intends to press the federal government for naturalization records to help clear voter rolls of non-citizens. She ordered the check box even after Governor Rick Snyder vetoed a bill to require it. No one could be denied a ballot for refusing to check the box, but Johnson says it's useful to remind people that only U.S. citizens can vote," Rick Pluta reports.

DHS says foster care is getting better in Michigan

"Child welfare officials say Michigan’s foster care system is getting better. Steve Yager is the director of Children’s Services for the state Department of Human Services. He told a legislative committee the state is doing a much better job of recruiting and keeping foster parents. Yager also says child welfare workers have more manageable caseloads. The state has been working to overhaul its child welfare system since 2008, after the group Children’s Rights sued the state over problems in the system," Steve Carmody reports.

Michigan foreclosure rate at a five year low

"Michigan’s home foreclosure rate could soon reach a milestone. A few years ago the state's foreclosure rate was near the top of the 50 state list. But Daren Bloomquist with Realty Trac says the latest data shows Michigan is poised to drop out of the top 10 possibly by the end of the year. He says Michigan’s home foreclosure rate is near a five year low," Steve Carmody reports.

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