COMMENTS: Buyer’s Market in Motown

Looking for bargain home prices? Check out Cynthia Bowers' Hitting Home feature on CBS. "The Detroit real estate market is not for wimps," she declared. "Desperation is making for some incredible deals." Sales are soaring because prices are falling so fast. According to Bowers, the national median price of a home is $175,000; the median price in Motown is $7,000. Yes, seven thousand dollars.


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