Michigan's Housing Market Receives Gloomy Rating The Detroit Free Press reports that while most of the country is seeing a relatively upbeat housing market forecast, three of the nation's top economists speaking at the International Home Builder's Show in Orlando singled out Michigan as a state that will continue to struggle with housing growth and appreciation, escalating foreclosure rates and an overall dreadful economy. Some areas of the country have seen home prices soar 20% or more, but in Michigan (particularly the southeast Michigan) home prices rose an average of 1% last year. Read State's housing market to lag nation's in '06 in the Freep Related Areas Five Things You Need to Know about Michigan Homes & Real Estate Homes & Real Estate > Builders, Contractors & Architects Homes & Real Estate > Home Improvement, Repair & Services Homes & Real Estate > Mortgage & Real Estate Services Homes & Real Estate > Real Estate & Development More Links Latest Michigan news & stories from Absolute Michigan!   Main Michigan News Page Posted/updated Jan 12, 2006 by Andrew McFarlane (Absolute Michigan) Go Back One Page

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