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Detroit has been hit sooo hard by the demise of the american car industry. My aunt lives there and works as a rental agent for an apartment complex. Last time i spoke with her she was renting apartments for like $499 for a 2 bedroom
 
$235K??? Wow in Gross Point.. Oh my... Well i wouldn't wanna live there at all.. I have been up there 5 or 6 times and thats enough for me. West Bloomfield and Waterford is what i am familar with and there just ok..
 
Yes you could..start packing and I'll come over and help you unload, it's only about 40 min drive from here. Think of the vacuums you could fill those houses with.. LOL Last time I drove by there was 2 summers ago when my cousins were visiting from the UK we followed the river home, took some little detours up and down the streets, very nice, I never imagined those houses would ever be that cheap, comparitivly speaking, I thought they'd be in the 600k range for sure if not more.
 
LOL...

Pete for a second I thought you were gonna say you'd help unload the vacuums into your trunk for the ride back to your house!

Yes we could get alot of vacuums into those houses!
 
$229K is nothing....

For the same house here in San Diego, CA.... you're looking at least $1M. My little two bedroom (1500 sq.ft.) house was appraised last year for over $500K. Even though house costs are increasing around the country, nothing can compare, save San Francisco or New York City, with the price explosion here in southern California in the last few years.
 
In my area, there are many houses like the one Hoover1060 posted, they rarely go over $100,000. The first ones posted by Petek are cheap, even in my area those kind of houses usually go for more - where I was raised in Plano, Texas, they would bring $350,000 or even much more.
 
Yeah, the same 1500sq ft house would probably average around $140k US in Sarnia, back in Calgary and Toronto it would be closer to $350 and probably much more in certain parts of Vancouver.
 
Those houses in Detroit are amazingly low priced Pete, they're so cheap let's just put one on our revolving charge plate LOL! Here they would be $800,000 minimum.

Simce the basement is full up, I need more room for more washers so it's time to move. We're trying to decided whether we want to move into Here or Here or even Here.

The stairway in the second house just screams gay! I love that.
 
There was an article in the business section of the Houston Chronicle with the heading, "Michigan Facing Exodus of Jobless". The layoffs in the auto industry are primarily to blame, with more to come. Even Pfizer (pharmaceutical) is getting in on the layoff act. They seem unable to attract new business/industry. Michigan has "one of the nation's highest outmigration rates."

The article continued to state that personal income in Michigan has been below the national average since 2000. In addition, they have a struggling housing market with sales of existing homes dropping more than 20 percent in some parts of the state. Even bleaker are the foreclosure and personal bankruptcy numbers; they are soaring.

This might explain why those housing prices look so good. Ok, you buy the mini mansion for a great price...what do you do for a living?
 
Hmmmph and once we move in

The 3rd offering Robert linked has a classic stainless double DishDrawer.

Now picture a pink '56 Frigidaire spray tube dishwasher in it's place.
 
Greg, either that house has no dishwasher or ... This is when I HATE integrated dishwashers with cutom fronts to match cabinets!!
 
Nothing in the million dollar mark for sale here at the moment, this one's about 899k Cdn so knock of 15%. Got it's own beach right on Lake Huron. It's about 5 blocks from our place. It certainly not the fanciest looking house along the lakeshore but it'll do in a pinch I guess LOL
Did you see the yearly taxes on some of those ones in Mpls.. $50k a year on one of them, yikes.

http://www.mls.ca/PropertyDetails.a...=all&o=A&of=1&ps=50&ptgid=1&aid=1541&MapURL=%
 
Seems like Michigan is ripe for companies to move in and start hiring. One of the odd things I have yet to figure out is why businesses "cluster" together in certain cities. Washington DC, New york, etc, while other cities languish. It seems odd that one would want to locate a business to an already highly competitive area, where one has to pay premium saleries to the workers, and have transit problems moving materials and product in and out. Basically every element of operating a business in one of these "up and coming" type cities is much more expensive.

Now, OTOH, the neighborhoods were those beautiful homes are located to me seem to be ripe for business. Obviously, the real estate is cheap, but You also have loads of cheap labor avaliable as the most obvious benefit, but also, due to the fact that this was a big automobile town means that there's plenty of transit options avaliable to move product and material in and out easily and cheaply.
 
Here's a house across the street from us which must have just sold yesterday because I saw the sign up when I took Parker for his walk this afternoon. It was for sale last year right when I was looking on line for our move. My other half flew here and went to look at it with my mom and sis and none of them really liked it,, bugged me cause I liked the look of it but when it went up for sale again I went thru the open house last week and glad we didn't get it..Needs a ton of work. It was purchased last year for $232 so she's probably not going to get any more than that back on it. The wall ovens old but it's not the original, the house was built around 1957-58

http://www.mls.ca/PropertyDetails.a...t=all&o=A&of=1&ps=10&ptgid=1&aid=1544&MapURL=
 
One can find quite a few bargains in the Pittsburgh area, here is a an example south of the city.

If you are looking for a bargain, stay away from Cranberry, a borough north of Pittsburgh that is all the rage for business growth and expensive houses. Cranberry is one of the fastest growing areas in the nation. One reason is an announcement made today. Westinghouse (what is left of it) has decided to built a new national headquarters there and move all their people from Monroeville (east of Pgh). There should be quite a few housing bargains in the east too.

Cvbrvanr, there are several reasons why companies have located in certain cities but I heard that Westinghouse chose Cranberry for a simple reason - 7 of their top ten executives live in Cranberry and they wanted a shorter commute. Nep, who can tell more about Pittsburgh companies.

http://www.realtor.com/FindHome/Hom...=1077475263&fh=on&lnksrc=feathome&poe=realtor
 
I think that Detroit not only has employment problems, but I think it has a image problem as well. Those houses are nice though but I don't think I'd ever consider Detroit as a place to live.
I also think that after the auto industry being unionized for so many years, the workforce in Detroit expects a union job with high salaries. Ain't gonna happen.
That one ranch on Edenwood Drive I have never in my life seen a kitchen that small! And I thought we had a small one here! It looks like something out of a dorm room!
And Lake of the Isles Drive in MSP is one of the toniest addresses in town! A few on our board of directors live there!
 
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