3 Articles match "Citi","Detroit","May"

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Foreclosures Fade in World Series Spotlight
The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation . Detroit’s The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. And foreclosures
www.foreclosurepulse.com - Tuesday, December 16, 2008
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A Small Silver Lining in Q1 Foreclosure Storm
The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. Dispatches from Detroit indicate that free-market forces may be the catalyst. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Make Food, Not Foreclosures
Similar to other parts of the nation’s Rust Belt, the county’s real estate market — particularly Detroit — is suffering. The pilot program would start with 20 plots, with the City of Detroit donating the water. Ground was broken on the first “farm” in May. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosures Fade in World Series Spotlight
    The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation . Detroit’s The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. And foreclosures
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • A Small Silver Lining in Q1 Foreclosure Storm
    The notable exceptions included Detroit — a longtime posterchild for the foreclosure meltdown — and Philadelphia, along with a few other Pennsylvania metro areas. Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. Dispatches from Detroit indicate that free-market forces may be the catalyst. While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Make Food, Not Foreclosures
    Similar to other parts of the nation’s Rust Belt, the county’s real estate market — particularly Detroit — is suffering. The pilot program would start with 20 plots, with the City of Detroit donating the water. Ground was broken on the first “farm” in May. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE