In Detroit, the median sales price for a home is now a pathetic $5,800, down more than $66,000 from seven years ago. An estimated 16,000 foreclosed homes are on the market in the city of about 920,000 residents.
Wednesday, April 22, 2009
We need to move to Detroit
According to this story:$5,800 median price for a home! Wow! On the downside... It's Detroit.
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