One Thousand

That is $1000 for you next home purchase.
I recently came upon some information concerning the economy in Detroit.  The situation was being described as very bad.  The average home price was given as $18,000.  Now I had to check on that one.  So over to www.realtor.com I went.  I entered $1000 as my min price and $40,000 as my max price.  Click search.  WOW  Nearly 5000 homes listed.  How about a 1432 square foot home, 5 bed room, brick home for $40,000?  Well I brought the search down to see how many under $20,000, nearly 4000 listed, 195 homes under $1000, and 35 at $300 or less. 

You say, "must be urban inner city ghetto."  Well how about a 1100 square foot home on 7 acres for $300?  Any takers out there? 

In comparison, there were 2114 listed in the range of $50,000 to $500,000.

Why so bad?  The report said 21% unemployment.  I hate to be the one breaking the bad news, but this will probably be spreading to other areas also.  My advice. "Seek ye the Lord while he may be found."  "Seek ye first the kingdom of God, and his righteousness."  "Ye must be born again".  No amount of "survival" planning can prepare you for the judgment of God.  Only the Lord's grace and compassion will.