East English Village in Detroit
East English Village in Detroit
Price now: $15,900
Price at last sale: $49,900 in 2008
Bedrooms: 3
Baths: 1.5

Detroit's East English Village is a well-kept neighborhood of tree-lined streets just north of the affluent Grosse Point. In it, resides this Colonial-style, 1,500-square-foot home, which sold for $49,900 just four years ago. But now, realtor Chad Evans worries that they won't even get the $15,900 asking price for the place.

Home prices have been decimated here and this home also needs a new furnace and a new kitchen, he said. The last owner stripped it of appliances and other things of value several months ago, he said.

"I bet we get $9,900 for it," he said. "At that price, it's a great house, a perfect starter home."

For more information: Trulia

By Les Christie @CNNMoney - Last updated January 23 2012: 5:37 AM ET
Join the Conversation
Cribs: Where the GOP candidates live

It may not be 1600 Pennsylvania Ave., but the presidential candidates reside in some pretty nice digs. Here's a look at where they live -- at least, for now.

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.