mortgage

Top foreclosure states Aug. 2012: Michigan

Live in Michigan? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing in August 2012.

Michigan: 1 in every 593 housing units received a foreclosure filing.
Nationally: 1 in every 681
Michigan average foreclosure sales price: $63,292
National average foreclosure sales price: $189,103

 

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Stephen Pounds

World’s costliest home on market at $1.1B

For a cool $1.1 billion, you can own Villa Les Cedres (the cedars) in the billionaires' holiday town of Saint-Jean-Cap-Ferrat, near the city of Nice.  ... Read more

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