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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: UncleBigs who wrote (70919)	10/4/2006 9:31:57 AM
From: orkrious	Read Replies (2) of 110194

Ork...how's the real estate market in the upper end Detroit suburbs like Ann Arbor and Troy? I can't answer about Ann Arbor. I went to grad school there and go back half a dozen times a year for dinner, but I don't know squat about their real estate market. If it's anything like the rest of the Detroit suburbs it's completely dead. My wife has been offered a few listings lately and she turned them down. Sales are so uncommon it's just not worth the time required or the stress of dealing with harried owners. You can drive down many streets and see every fourth house for sale. Is the Kmart headquarters still intact? I don't know. I'm sure I've driven down Big Beaver in the last two weeks and didn't notice anything amiss. I'm not sure if it's just because I'm getting old and I'm not as mentally sharp as I used to be or because nothing changed. <g>

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