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To get a good start on what is happening in the Detroit area you can check out our Stats & Trends Center for Michigan. You can drill down to the county level by clicking on the foreclosure heat map: http://www.realtytrac.com/trendcenter/mi-trend.html
Thanks for your great question. On the positive side, the Case-Shiller home price report that came out today noted that Detroit was one of only two metro areas out of the 20 metro areas tracked in the report that reported a year-over-year increase in home prices. It was the third straight month that...