Tagged: foreclosure

This week in review Rina Miller and Jack Lessenberry discuss the possibility of repealing a tax on pensions, how Michigan's home foreclosure rate is no longer the worst, and how the international trade crossing has a presidential permit to move forward.

Michigan’s home foreclosure rate is no longer among the nation’s worst.

Realty Trac reports Michigan ranked 16th in the nation in home foreclosures in March.  That is a far cry from a few years ago when the state had the nation’s highest foreclosure rate.

Mary Townley is with the Michigan State Housing Development Authority.  She credits the authority’s “Step Forward” program for providing assistance to people at risk of losing their homes…

This “week in review” Michigan Radio’s Weekend Edition host Rina Miller and political analyst Jack Lessenberry discuss: Governor Rick Snyder’s State of the State speech, the possibility of no fault absentee voting, a positive report on Michigan’s housing market, and a possible tax amnesty program for Detroit.

Governor Snyder addresses roads, schools and partisan divisions in State of the State

"In his State of the State speech last night, Governor Rick Snyder asked lawmakers to fix roads, schools, and partisan divisions. Snyder wants them to find a way to increase spending on roads and transportation by more than a billion dollars a year. He says bad roads are a financial burden on drivers and the state alike," the Michigan Public Radio Network reports.

Michigan foreclosure rate plummets

"A new report suggests Michigan is becoming more of a home seller’s market. Home sale prices plunged in Michigan during the recession. But Realty Trac reports in 20-12 home sellers were getting about 94 percent of their initial home sale price listings," Steve Carmody reports.

Michigan set 160 weather records in 2012

One hundred and sixty extreme weather records were set in Michigan in 2012. That's according to the Natural Resources Defense Council. As the Detroit News reports,

"The Detroit News reports, "Last year's statewide weather broke records across the spectrum including, 139 heat records in 44 counties, 18 rainfall records in 14 counties and three snow records in three counties. Michigan's weather seems to be paralleling the national trend of record-breaking heat, rain and snow."

No citizenship box on ballot

"Secretary of State Ruth Johnson says there will be no citizenship box for voters to check on ballot applications this November. Johnson says the election is getting close, so she won’t challenge a federal judge’s ruling that the citizenship question is unconstitutional. But she says there could be further legal action after the election. Johnson says she also intends to press the federal government for naturalization records to help clear voter rolls of non-citizens. She ordered the check box even after Governor Rick Snyder vetoed a bill to require it. No one could be denied a ballot for refusing to check the box, but Johnson says it's useful to remind people that only U.S. citizens can vote," Rick Pluta reports.

DHS says foster care is getting better in Michigan

"Child welfare officials say Michigan’s foster care system is getting better. Steve Yager is the director of Children’s Services for the state Department of Human Services. He told a legislative committee the state is doing a much better job of recruiting and keeping foster parents. Yager also says child welfare workers have more manageable caseloads. The state has been working to overhaul its child welfare system since 2008, after the group Children’s Rights sued the state over problems in the system," Steve Carmody reports.

Michigan foreclosure rate at a five year low

"Michigan’s home foreclosure rate could soon reach a milestone. A few years ago the state's foreclosure rate was near the top of the 50 state list. But Daren Bloomquist with Realty Trac says the latest data shows Michigan is poised to drop out of the top 10 possibly by the end of the year. He says Michigan’s home foreclosure rate is near a five year low," Steve Carmody reports.

Michigan’s home foreclosure rate could soon reach a milestone.

A few years ago the state's foreclosure rate was near the top of the fifty state list.

But Daren Bloomquist with Realty Trac says the latest data shows Michigan is poised to drop out of the top ten, possibly by the end of the year.

"It’s still in that top ten…but it’s moving down," says Bloomquist,  "(Michigan) had often been showing up in the top five over the last few years….now it’s moved down to number nine in September.”