Shoot, based on the numbers released yesterday, 3million foreclosures for 2010 is forecast. I cannot wrap my head around that at all...it is simply too staggering to understand.
I'm in Macomb county myself, you can buy a house in Warren right now for $20k, where I live homes averaged 300-400k before the crisis...many can be purchased now for as little as $180, very sad....
I did take advantage of it though and purchased a foreclosed property up north as a BOL.
Dan