Industry News

Michigan housing takes hit from job loss, outmigration

State sees double-digit decline in sales so far this year
Published on Oct 5, 2006

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by CareyBot

Areas of Michigan that are dependent on manufacturing are seeing declines in home sales and home prices that, because they are driven by underlying economic fundamentals like job losses and outmigration, may prove to be more long lasting than slowdowns in other parts of the nation ...

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