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 Community Economic Development Association of Michigan (CEDAM), the Johnson Center for Philanthropy's Community Research Institute (CRI) at Grand Valley State University, and Home Repair Services of Kent County (HRS). The project is made possible through a generous grant from the Michigan State Housing Development Authority (MSHDA). The purpose of the effort is to provide communities throughout the state of Michigan with meaningful, historical, residential foreclosure-related data that gives a clear picture of the development of the crisis and its impact over time at the state, county, and sub-county level. Indicators and trends on residential foreclosures, delinquency, Real Estate Owned (REO) sales are provided for each county where available. The project also explores the trends between urban and rural counties in Michigan. The intention of this study is that communities will use these data to 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 Tracie Coffman, Coordinator – Michigan Foreclosure Project at coffman@cedam.info.

Indicators

Monthly Average of Mortgages 90+ Days Late, and Mortgages Foreclosed: -view
Number of Homes in Foreclosure and Homes Exiting Foreclosure via REO Sales: -view
State Equalized Valuation: -view
Other indicatorsview
Download complete report (18.9mb)PDF (Updated 10/20/16)

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

Source: Federal Reserve New York

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. Number of Homes in Foreclosure and Homes Exiting Foreclosure via REO Sales: -

Source: RealtyTrac, INC

3. State Equalized Valuation: -

Source: Michigan Department of Treasury Assessed and equalized valuation

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

Source:
RealtyTrac, INC
Michigan Department of Treasury
U.S. Census Bureau: Decennial Census Summary File
U.S. Census Bureau: American Community Survey 5 Year Estimates
U.S. Federal Housing finance Agency

Source: First American CoreLogic, INC