With the heads of Detroit’s automakers on Capitol Hill this week begging the Feds to bail them out, it’s a good time to check in on the area’s housing market. As you can see from this video, the situation in the Detroit area is pretty terrifying already:
From salon.com, via Market Movers:

Reader Comments Read all comments (2)
Danko Ramone of MI 12:26PM November 20, 2008
of 11:00AM November 20, 2008