Michigan`s Real Estate Market Has Been Destroyed Can it be Rebuilt
Released on: December 21, 2007, 7:53 pm
Press Release Author: THE QUICK HOME FINDER.COM LLC
Industry: Real Estate
Press Release Summary: Southfield, MI -- Drive through Wayne County, Oakland County, Livingston County or Monroe County and you may loose count of all the homes for sale. All this real estate, which is listed on http://www.thequickhomefinder.com website, should mean big business for realtors but instead, some real estate companies in Michigan have suffered a backlash.
Press Release Body: From 2004 to present day, hundreds of thousands of people have lost their homes to bank foreclosures. Numerous real estate companies have also gone out of business, so what is the source of all this tribulation? Three years ago banks and mortgage companies were offering low interest rates on adjustable rate mortgages, also known as ARMS. Recently those interest rates have gone up causing mortgage payments to double and even triple.
Add this to Michigan's failing job market and it's easy to see why homeowners cannot afford to keep their homes. This has also staggered the finance companies and their investors who have lost hundreds of millions of dollars owed on forfeited mortgages. As a result, all these foreclosed homes are being sold cheap which means consumers can easily buy a house in Michigan without the assistance of a real estate agent. Nevertheless, there are still some real estate companies such as The Quick Home Finder.com that are growing in high demand.
The http://www.thequickhomefinde.com LLC enables consumers to find good deals on houses, condos, lots, land, town homes, new homes, luxury homes, etc. Their real estate listing service can be accessed by consumers from the convenience of their personal computer without a real estate agent. This is proving to be a commodity with so much property in Michigan for sale. With prices so low and The Quick Home Finder.com LLC making it so easy, now is the right time to buy a home in Michigan. 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