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When It Comes To Real Estate, Data Shows Two Very Different Detroits

Detroit has a hot market in the central core, but the city’s overall real estate market is still facing a lot of headwind. The gap is large. $429,000 units – like the new Selden development – are pre-selling available units out in mere days, and big-name folks like Tony Hawk are moving in while the city as a whole still is tied for the most unsold homes owned by banks and lowest median home price appreciation in the country, according to a new report out today by Detroit is al...

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