How bad will Michigan's housing market get?

We are selling our house in Ann Arbor. We have had a few offers in the last month (primarily because we are aggressively priced in a great location) but each one has been too much of a loss to stomach (too far below our asking price), so we have stopped (rejected offers) around the 3rd counteroffer on each one–we don't want to bring 25k to 40k Read the rest of this entry

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