THE
BULK CRAZE, BY THE NUMBERS.
Investors are buying foreclosed Detroit homes
in large numbers, hoping that the real estate
market takes a positive swing and they can make
a hefty profit.
$10,000 - What some Detroit
homes are selling for.
80% - Estimate of houses sold
in Detroit being bought by investors.
One-third - Homes listed for
sale in the city that are bank-owned foreclosures.
It's 15% in Wayne, Oakland and Macomb counties.
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