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Showing posts with label Detroit Homes Rot as Appraisals Stopping Sales: Mortgages. Show all posts
Showing posts with label Detroit Homes Rot as Appraisals Stopping Sales: Mortgages. Show all posts

Tuesday, April 9, 2013

Detroit Homes Rot as Appraisals Stopping Sales: Mortgages

... while the U.S. housing bust in 2007 and subsequent recession dragged two of the three largest carmakers into bankruptcy and disproportionately hit the region's real estate market. The city now has 8 people per acre, down from 21 per acre in 1950, ...

http://mobile.bloomberg.com/news/2013-04-09/detroit-homes-rot-as-appraisals-stopping-sales-mortgages.html?

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