Detroit Real Estate: Massive Wealth Destruction or Bargain?

Your New Motown Pad – Now 90% Cheaper Bricks-and-mortar real estate definitely isn’t my game. But I was shocked by a statistic published in last weekend’s Wall Street Journal. According to real-estate research firm First American CoreLogic, the median selling price for a home in Detroit is now a stageringly meager $7,100, down from $73,000 … Continue reading