It's just property values dropped from an already-low 106K down to an even-lower 82K, which seems to have been low enough to cause some people to buy. The structural trends for the region still suck, so I don't think a ~20% uptick in home buying in Flint signals any kind of real resurgence.
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Is this because 82K is closer to a "true" avg house value in Flint vs 106K
It's just property values dropped from an already-low 106K down to an even-lower 82K, which seems to have been low enough to cause some people to buy. The structural trends for the region still suck, so I don't think a ~20% uptick in home buying in Flint signals any kind of real resurgence.
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