The first snowy day in West Michigan means several things, including the home buying season is coming to a close.
Last month the Grand Rapids Association of Realtors released its latest numbers.
They reflect that banks are taking the worst hit.
The association is reporting 63% of all homes on the market are either short-sale, or in foreclosure.
The [...]

J. P. King Auction Company, the nation’s leading auction marketing firm will manage the Federal Deposit Insurance Corporation’s (FDIC) auction of foreclosed property in Detroit, Michigan on September 30, 2008, 2 p.m. at the Rock Financial Showplace. J. P. King’s Asset Auctions Division will auction 83 foreclosed properties.
The properties range in value from as low [...]

Chicago-based NRC Realty Advisors Inc. will hold the largest new residential real estate auction in Michigan’s history. The 400-property auction Sept. 20-21 serves as a signal that the real estate market may be nearing the bottom. The properties include completed homes and lots; nine homes and 37 lots are available in Washtenaw and Livingston counties.”In [...]