It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by HomerinNC
reply to post by FlySolo
these prices for rent or sale?
The first property — a heavily damaged three-bed, two-bath with more than 1400 square feet — listed on the website for one dollar at 13396 Indian Street. The property has an estimated value of $30,925 from Zillow.com, plunging from $84,000 in November 2006.
One four bedroom, one bath home in the city listed for $100, has a Zillow estimated value of $25,333, and is currently in foreclosure and owned by the bank.
According to the Michigan Association of Realtors, the average sale price for a home in Detroit in September 2012 was $17,125.
For some reference, the average transaction price for most automobile brands was $30,282 in September 2012, reports Fox News. In other words, you can buy two houses in Detroit for the price of one car.
Originally posted by jvm222
If anyone has the extra money saved up, this would be a good property to just have on hand for the near future before foreign markets buy up detroit and turn it into something completely different.