>While I was looking at craigslist for a new place to live, some spammer posted advertisements for houses in Flint, MI. The ad said the assessed value of the house was just below $12,000. Curious, I decided to see just how much houses are going for there. I saw these listings on Realtor.com.
There was one house listed on there for $1,500! That is just unreal to me. My car cost almost 10 times more than that! The cheapest foreclosed houses in the scariest of areas around here are worth close to $80,000.
It’s kind of sad that houses are being sold for so little, but then again who wants to live in Michigan…
>Holy crap. There are decent houses for less than $10,000. By decent, I mean the $8000 one that says 4 bedroom, 2 bath, 1700 square feet with the description “everything is new inside.” And it doesn’t look like crap from the outside either. Isn’t that crazy? Even with the market crash, homes are still soooo expensive around here. Michigan doesn’t looks so bad!
>I wonder if other states are just as bad.