Will Michigan Real Estate Get Worse Before it Gets Better

Released on: December 20, 2007, 4:35 am

Press Release Author: Larry Morris

Industry: Real Estate

Press Release Summary: Michigan home foreclosures are among highest in the nation.

Press Release Body: Detroit, MI -- Michigan home foreclosures are among highest in
the nation. There are over 200,000 foreclosed homes for sale in Wayne County, Monroe
County, Livingston County, Oakland County, and other Michigan counties.

Most of these homes are listed at prices far below their market value and the best
deals are listed on the front page of http://www.thequickfinder.com LLC. Forbes
magazine reports that a median income could afford to buy a house in Detroit,
Michigan with only two years of saved wages. In fact, the costs of homes for sale in
Michigan are ranked among the lowest the nation.

This paradox has people uncertain about the future of Michigan's real estate market.
Optimists have a favorable outlook, confident that real estate investors, developers
and prospective home owners will want to take advantage of the affordable housing.
Pessimists on the other hand have a different view, predicting that consumers will
continue to be disenchanted, opting for rental property instead. This is mainly
because of the underhanded reputation Michigan realtors, real estate agents, loan
officers and mortgage brokers have earned.

"People are afraid of being swindled" says Ralph Marcus Maupin, Jr. of the National
Real Estate Network. He has witnessed a record number of Michigan homeowners lose
their homes in the past three years to bank foreclosures and property taxes. He sees
a growing trend of consumers preferring a real estate company like The Quick
Finder.com that can find homes for sale in Michigan without the hassle of a real
estate agent. When asked about his outlook, he replied "I know we will bounce back
soon because there are a lot of great opportunities to buy a house for a great price
in Michigan right now."
About TheQuickHomeFinder.com LLC:
Quick Home Finder is FREE, easy to use, comprehensive way to find the perfect home
to Buy or Rent. Our real estate insiders are ready to assist you whether you are
looking for a dream home, or an investment property. We give you best tools so you
are equipped to make right decisions to buy real estate in Michigan. Get more
information at http://www.TheQuickHomeFinder.com
Contact:
Larry Morris
888-851-3710
larry@thequickhomefinder.com
The Quick Home Finder.com services the following Counties, Townships and Cities:

Oakland County
--Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham
Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township,
Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland
Township, Holly, Holly Township, Huntington Woods, Independence
Township, Keego Harbor, Lathrup Village, Lyon Township, Madison
Heights, Milford, Milford Township, Northville, Novi, Oak Park,
Oakland Township, Orchard Lake, Orion Township, Oxford Township,
Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak,
Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West
Bloomfield Township, White Lake Township, Wixom

Wayne County
--Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn
Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe
Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth,
Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne,
Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline,
Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti

Livingston County:
Brighton City, Cohoctah Township, Deerfield Township, Green Oak Township, Handy
Township, Howell City, Iosco Township, Village of Fowlerville, Brighton Township,
Conway Township, Genoa Township, Hamburg Township, Hartland Township, Howell
Township, Marion Township, Putnam Township, Unadilla Township, Village of Pinckney

This Press Release has been submitted by PREasy.com

Web Site: http://www.TheQuickHomeFinder.com

Contact Details: THE QUICK HOME FINDER.COM LLC
20700 Civic Center Drive
STE 170
SOUTHFIELD, Michigan 48076
Phone: 888-851-3710

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