Detroit is the largest city in the Michigan State, USA. It is in Wayne County and its county seat in the Midwestern Region of the country. Detroit is also a major port on the River Detroit. Detroit is famed for its automobile industry and the name Detroit has become synonymous internationally with this industry. But recently there have been massive lay offs in the industry. This is coupling with Detroit foreclosure homes to mire the economy that has run into a localized condition of recession. The number of Detroit foreclosure homes has given it the dubious distinction of being the foremost in foreclosures right through 2007. One out 80 houses was included among Detroit foreclosure homes. The last calendar year showed 1.28 million Detroit foreclosure homes.

Detroit foreclosure homes has resulted in the city having the highest foreclosure rate among the 100 metro regions for 2007, according to the findings of RealtyTrac, a California based firm dealing with foreclosure statistics.

Detroit foreclosure homes have resulted from different reasons from other metro regions in the west. Most of the cities like Stockton and Las Vegas have seen phenomenal housing activity during the boom period. This had resulted in abnormal numbers of foreclosures when the balloon burst. But Detroit foreclosure homes have emanated from different set of reasons. Detroit is experiencing a serious economic depression leading to high unemployment rates. This is the prime reason for Detroit foreclosure homes. This has aggravated the problem of Detroit foreclosure homes.

Detroit foreclosure homes have led to vast tracts of land lying choked with weed, dotted with vacant houses that are in such a derelict condition that they will be pulled down in all probability. A group of activists are turning this problem of Detroit foreclosure homes into a blessing in a unique manner. They have started off a green revolution. There are so many Detroit foreclosure homes that the market is choked with sellers with no buyers. The group is working to farm the acres of abandoned land to grow food for the needy. Anybody hungry can walk in and take the food. The surplus would be donated to food banks. The city is donating the land and has taken the responsibility of the water problem. There is a hope that seeing the fruits of labour in the heart of automobile city many will come forward to buy. They would be most welcome to do so.

Michigan Foreclosure Homes - top cities

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