tag:blogger.com,1999:blog-9902677.post116195420758877359..comments2024-03-19T01:35:10.559-04:00Comments on *: Spreading the Pain II: Intern PaulJonathanhttp://www.blogger.com/profile/03547640380443175482noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9902677.post-1164405421631504342006-11-24T16:57:00.000-05:002006-11-24T16:57:00.000-05:00Paul,I am a Realtor, so I could go on for hours ab...Paul,<BR/><BR/>I am a Realtor, so I could go on for hours about the Metro Detroit real estate market. <BR/><BR/>Yes, many (most) buyers have to sell to move. If they are 'moving up' then they should recognize that the seller of the home they are 'moving up' to is taking a bigger hit than they are. Lots of well priced homes in good condition are selling here. As a matter of fact, home sales are not down over last year. Its the number of homes on the market that is up.<BR/><BR/>Yes, easy money and adjustable rate loan products have helped people get in over their heads. I see it just about every day. It IS sad. And it happens in our every segment of the market. The 'rich' are not untouched.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9902677.post-1162158066626394752006-10-29T16:41:00.000-05:002006-10-29T16:41:00.000-05:00I grew up in the 'burbs, and I have to say, no mat...I grew up in the 'burbs, and I have to say, no matter how unpopular this may be, that the city is not solely responsible for its problems, and any solution is going to to have to come from the region. <BR/><BR/>It's too late to say what should have been done to prevent the situation. You have some of the steps we need for moving forward. Transportation is key. A different means of financing health care is important for our whole state. The Big 3 are burdened by retiree and employee health care costs that make them unable to compete.<BR/><BR/>The housing market, by the way, does NOT suck if you are a buyer. There has never been a better time to be a home buyer in Metro Detroit. Sellers need to be priced according to market conditions, which can be a hard pill to swallow.Anonymousnoreply@blogger.com