Thomas Goebel International Real Estate Consultant
One thing about real estate is that it is always "local" so what might be true in Seatle, was not the same in Detroit. Houses crashed 33% and condos went down from 2006 to 2012 by 50%, with Kathleen and JP taking advantage of those condos and you, Bob and Dan taking advantage of the houses. I have been saying that in Windsor (more so than SE Mich) prices have been over-inflated. I expect an immediate and sudden flip from under-supply to oversupply and a significant drop in…
