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For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes can be applied retroactively, meaning that ...
The Tulsa metropolitan area, officially defined as the Tulsa metropolitan statistical area is a metropolis in northeastern Oklahoma centered around the city of Tulsa and encompassing Tulsa, Rogers, Wagoner, Osage, Creek, Okmulgee and Pawnee counties. It had a population of 1,044,757 according to the 2023 U.S. census estimates.
There are also 5 Lustron homes in the Kansas City area near 85th and Wornall Road. One of them was the display model and residence of the local sales representative. Local legend says that the salesman came home one day and told his wife that he no longer had a job because the company was bankrupt, but they still had their house.
In another case, the state of Michigan foreclosed Lynette Hathon and Amy Jo Denkins’ property in 2018 for nonpayment, sold it for $28,250 at the auction and retained the surplus proceeds. They ...
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