Expiring tax breaks may temporarily be impacting property values in Detroit

278 views · Published 18 September 2018 · 2:07 · Indexed 1 November 2026

Channel: WXYZ-TV Detroit | Channel 7 · 2018 · News & Politics

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Real Estate experts at the national level are asking the question: Is the Detroit Housing market on the brink of a crisis?  According to Forbes Magazine, the number of homes underwater in the city of Detroit has increased 1.6 percent over the last year to 4,963 homes.  Some at the national level raised the question: Is this the start of a new trend?

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