The home price crisis continues. You can be the proud owner of a home in Michigan for as little as $1,000. Yes, it probably needs an extreme home makeover from Ty what's his face, but still... you can't buy the tile in the bathroom for that much at Home Depot.
This crisis isn't even close to over until home prices stabilize... and with all the FOR SALE signs around I don't think that's happening any time soon. If you've got the cash feel free to buy now in depressed markets like Arizona, Florida and California... but don't be surprised if prices fall another 15 percent.
Check out these great buys in Flint, MI on craigslist. What a steal!
Read more on $1,000 homes here.
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