While much of the nation has already begun to show signs of stabilization in the housing market, Michigan has (not surprisingly) lagged behind. But we may finally be seeing some life. The Detroit News reports that November home sales in southeastern Michigan (Macomb, Oakland and Wayne county) were up 22.6% from prior year. In addition, "median prices were up in Wayne and Oakland counties, inventories were down and more non-foreclosure houses and condos were sold than foreclosed properties." Have we finally seen the worst of it?
3 hours ago
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