1/7/09 It's time to take a look at what's 'in' and what's 'out for 2009
Signs of Hamtramck's trying times
Look what’s happening in the housing market …
Real estate broker John Ulaj calls the purchase prices an “amazing steal.”
By Charles Sercombe – August 21, 2008
Prepare to be shocked.
Hamtramck’s housing market value apparently hasn’t seen rock bottom yet. According to our sources, housing values appear to be going way below what they were worth 20 years ago. Real estate broker John Ulaj calls the purchase prices an “amazing steal.”
Bad news for homeowners, but great news for buyers.
The following is list of houses in Hamtramck and nearby neighborhoods in Detroit with the list prices. The sales are pending.
12272 Gallagher, Detroit, single family, 3 bedrooms
$7,500
5106 Prescott, Detroit, single family, 3 bedrooms
$11,000
11323 Lumpkin, Hamtramck, 2 family, 2 bedrooms up and down
$9,900
2683 Trowbridge, Hamtramck, 2 family, 4 bedrooms
$11,375
2301 Holmes, Hamtramck, 2 family, 4 bedrooms
$12,900
3881 Evaline, Hamtramck, 2 family, 1 bedroom upper, 2 bedroom lower
$14,900
3899 Belmont, Hamtramck, 2 family, 4 bedrooms
$15,000
9520 McDougall, Hamtramck, 2 family, 4 bedrooms
$18,900
Insunate prefrerential treatment much?
