Tuesday, November 27, 2007

Where We Live

By now, everyone knows what's going on in the American housing market. In Detroit, it's particularly grim. According to a story in today's Detroit Free Press, Metro Detroit prices have fallen almost 10% during the past year.

Above is a photo of a special insert in this past Sunday's Detroit Free Press. It lists all the foreclosed homes in Wayne County, where Detroit is located. And unfortunately, that's not the classified ads or the funny papers underneath the top section. There are eight full sections, 121 pages of want-ad size print, listing these homes in foreclosure.


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