Site Meter Refinancing, Loans and Getting New Credit: Recession: Home's For Sale For $1

Wednesday, February 25, 2009

Recession: Home's For Sale For $1

With more than 44,000 vacant properties, and nearly 7,000 homes in foreclosure, the Detroit real estate market is not for wimps. Just ask Shanika Strickland.

She says she's put about $100,000 into her home. But now, four years after she bought it, she owes so much more than the house is worth, she's considering the unimaginable...

Read more Housing Crisis Upside: $1 Homes?

Source: cbs news

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