Deals for domiciles abound in
Detroit. Home sales in the city spiked more
than 30 percent last month as more and more people see opportunity in buying in
the
Motor City.
Excerpt:
Detroit
home sales shot up 30.8% in March, spurred by investors taking advantage of low
prices on foreclosed properties.
Overall, metro Detroit
home sales rose 2.5% in March compared with March 2007, according to figures
released Monday by Realcomp Inc., a Farmington Hills-based multiple-listing
service.
Read the rest of the Detroit Free Press story here.
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