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Michigan Historical Residential Foreclosure Data

A project of the Michigan Foreclosure Task Force

The Michigan Historical Residential Foreclosure Data Project is a partnership between The Michigan Foreclosure Task Force (MFTF), The Community Economic Development Association of Michigan (CEDAM), the Michigan State Housing Development Authority (MSHDA) and Grand Valley State University's Community Research Institute (CRI). The project is made possible through a generous grant from Quicken Loans. The purpose of the effort is to provide communities throughout the state of Michigan with meaningful historical residential foreclosure-related data that gives them a clear picture of the genesis of the crisis and its impact over time both at the state and county level. Indicators and trends on residential foreclosures, delinquency, Real Estate Owned (REO) properties and proxies for estimating time properties remain in foreclosure and underwater homes are provided for each county where available. The project also explores the trends between urban and rural counties in Michigan. It is our hope that communities will use this data to launch or enhance local foreclosure response efforts.

Please direct any questions or feedback about this report to The Community Economic Development Association of Michigan (CEDAM) 517-485-3588 or e-mail Neeta Delaney, Co-Director – Michigan Foreclosure Project at delaney@cedam.info or Steve Tobocman, Co-Director – Michigan Foreclosure Project at tobocman@cedam.info

Indicators

  1. Monthly Average of Mortgages 90+ Days Late, and Mortgages Foreclosed: 2005-2010view
  2. Trends on Time Properties Remain in Foreclosure (limited data available): 2005-2010view
  3. Trends on Underwater Loans: 2005-2010view
  4. Other indicatorsview
  5. Download complete report (11.3mb)PDF
  6. Download Michigan Maps:

1. Monthly Average of Mortgages 90+ Days Late, and Mortgages Foreclosed: 2005-2010

Source: First American CoreLogic, INC



Source: First American CoreLogic, INC

Notes:
Rural counties are defined as counties that have no urban center larger than 20,000 people and do not border a metropolitan area. Urban counties are defined as all others. For more information about the county typology codes used in this project, see http://www.ers.usda.gov/briefing/rurality

2. Trends on Time Properties Remain in Foreclosure (limited data available): 2005-2010

Source: First American CoreLogic, INC



Source: First American CoreLogic, INC

3. Trends on Underwater Loans: 2005-2010

Source: First American CoreLogic, INC



Source: Michigan Department of Treasury (2011) Assessed and equalized valuation

4. Other indicators: click on indicators on the left to see corresponding graph (right)

Source:
Michigan Department of Treasury (2011) Assessed and equalized valuation
U.S. Census: 2000-2010 Census Summary File - Michigan
First American CoreLogic, INC