Posted by: qBit March 19, 2007
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Pretty Disturbing...
Hopefully no one here has a house in Detroit
Some excerpts from the article: "After selling house after house in the Motor City for less than the $29,000......" "... At least 16 Detroit houses up for sale on Sunday sold for $30,000 or less. ...." ".....he thought were bargains at $70,000 two years ago were now selling for just $35,000...." "A boarded-up bungalow on the city's west side brought $1,300. A four-bedroom house near the original Motown recording studio sold for $7,000."
Some excerpts from the article: "After selling house after house in the Motor City for less than the $29,000......" "... At least 16 Detroit houses up for sale on Sunday sold for $30,000 or less. ...." ".....he thought were bargains at $70,000 two years ago were now selling for just $35,000...." "A boarded-up bungalow on the city's west side brought $1,300. A four-bedroom house near the original Motown recording studio sold for $7,000."