Experts predict that the housing market will not rebound for another four years. Pair that with the fact that interest rates have fallen to near record lows and you arrive at the most opportune time to make a home purchase in years. From March to April home prices in metro Detroit fell at an annual rate of 7.5 percent compared to a 4 percent decline in the nation’s 20 largest cities during that same time span. Read the entire story about this trend at the Detroit Free Press.
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