Sunday, February 14, 2010

Michigan Real Estate: Five Figure Territory

In 2009, the average sale price of a home in Michigan slipped below $100,000 for the first time in 15 years, reports UM-Flint professor of economics and finance Mark J. Perry on his Carpe Diem blog.

2 comments:

  1. The piece of information that I sent you regarding a cozy get away here in Marquette that is up for sale at this time, kind of exceeds the figures in this article. Thirty stone fireplaces and 6,ooo feet on Lake Superior and seven plus sq. miles of property with fifty rooms in the "house". Asking: 40 Million, negotiable...Gordie

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  2. Dang, my place only has twenty-seven stone fireplaces...I feel inferior.

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Thanks for commenting. You might enjoy my book about Flint called "Teardown: Memoir of a Vanishing City," a Michigan Notable Book for 2014 and a finalist for the 33rd Annual Northern California Book Award for Creative NonFiction. Filmmaker Michael Moore described Teardown as "a brilliant chronicle of the Mad Maxization of a once-great American city." More information about Teardown is available at www.teardownbook.com.