Experts predict that the housing market did not rebound for another four years. Couple with the fact that interest rates have fallen to record lows and it comes at the most opportune moment to make a purchase of housing in years. Between March and April home prices in metro Detroit fell at an annual rate of 7.5% compared to a 4 percent decline in 20 of the nation's largest cities during the same period of time. Read the full story on this trend in the Detroit Free Press.
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