Dateline 4 August 2010: In a Yahoo! real estate article discussing which housing markets will be the strongest by 2014, Michigan came in third behind top-contender Washington State, and second-place Oregon. Okay, maybe it's not time to open the champagne yet, but according to the article, by the year 2014, housing prices are expected to jump 33.1% in the Detroit-Livonia-Dearborn area.
It's true that, since reaching a peak in 2006, housing prices have plummeted 60.5 percent, so we're really only regaining half of that former value. But who cares? If "no bad news" is the new "good news," then a 30% increase has got to be considered fantastic! All the more reason to revel in our beautiful state.
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