Tuesday, October 20, 2009

Anybody want to buy a house?

"The Detroit metro area now has the dubious distinction of having the lowest home prices in the country. Prices have dropped 51.7% to a median of $50,000. They're expected to fall another 9.1% and then stabilize."

A *median* of $50,000.

We should have stayed in that apartment, hon.

Nah, not really. It's nice to say you own a home. We've built something together, have a lot of good memories, and we've met a many good friends and neighbors. Can't put a price tag on that.

But we can put a price tag on the home. And it's a lot smaller than the mortgage statement...

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