When the housing market suffered a dramatic hit in 2007, foreclosures in Washtenaw County, Michigan went up by roughly 65%, with thousands forced to go through the foreclosure process each year. But the devastating effect of foreclosures in Washtenaw County is not just confined to this area because this could be a precursor to the continuation of foreclosures in other declining areas like Detroit. However, some states should take notice of Michigan’s decision to introduce … Continue reading →