 
Artistic
Member
Username: Artistic
Post Number: 60
Registered: 09-2006
| | Posted on Tuesday, November 13, 2007 - 7:12 am: |    |
Home sales rise
November 13, 2007
Sales of homes and condominiums rose slightly in October for southeast Michigan. In October, 4,452 units were sold, a 0.4% increase over October 2006 sales of 4,436, according to Farmington Hills-based Realcomp. Sales in the city of Detroit rose 26% to 792, up from 628 in October 2006, while sales in Livingston, Macomb and Oakland counties fell 7.1%, 1.8% and 2.8%, respectively. In Wayne County, sales rose 12.5% to 1,703. Regional sales have increased in seven of the past 10 months.
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Good news for the city |
Buddyinrichmond
Member
Username: Buddyinrichmond
Post Number: 246
Registered: 02-2004
| | Posted on Tuesday, November 13, 2007 - 7:48 am: | |
Too bad it was mostly properties sold at foreclosure auctions. |
Johnlodge
Member
Username: Johnlodge
Post Number: 3591
Registered: 10-2003
| | Posted on Tuesday, November 13, 2007 - 7:54 am: | |
Well, that's a good opportunity for investors and people looking for their first home. |
Terryh
Member
Username: Terryh
Post Number: 555
Registered: 11-2006
| | Posted on Tuesday, November 13, 2007 - 7:16 pm: | |
Actually I am seriously considering an investment opportunity in Detroit, preferably in the Northend area. I am interested in purchasing a strorefront- I live above the store and rent the retail space; or a a duplex property in which I live on one side and rent the other half to a tenant. Any suggestions on a good site to find listings of storefront and duplex type properties? |
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