Michigan gets credit downgrade from Standard & Poors and sends layoff notices
Michigan gas prices result in many saying "I'm staying put" for the Memorial Day holiday

Good time to buy cottage "up north" in Michigan, according to Detroit Free Press video columnist

Being a 'born and raised' in Michigan type, I heard people talk about their cottages 'up north' pretty much my whole life.  Owning a second home is not uncommon.

But, Detroit Free Press video columnist Mike Wendland says that 'up north' realtors have their walls papered with notices about cottages being for sale.  People just can't afford them anymore.

As gas prices skyrocket and as jobs are being eliminated, going up north for the weekend will become less and less an option.  This means that Michigan's economy gets another blow that will certainly trickle down.

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