When the jobs left Detroit, Michigan inner city homes were dropping to $4000 market value (I actually couldn't believe this was really true so I asked the Michigan MLS staff and they confirmed) and when I attended a conference in April the Michigan people told me it was spreading to the bedroom communities surrounding the city and values were plummeting to well below the $100,000 mark, homes that were averaging $250,000 sales price two years earlier. The viability of a commercial market is the foundation of a healthy residential market. We have a responsibility to ourselves and every homeowner in the city and beyond to protect our homes' value.
As REALTORS and members of an organized association, we have strength in numbers and marketing reach that is unparalleled. We Can Make A Difference- Vote Yes for Maps!
For more information visit our legislative affairs page on our website http://okcrealtors.com/maps-3 or http://www.yesformaps.com.
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