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- jfreeman, on 07/28/2008, -0/+1Didn't that whole town go broke? Who would build a new home there?
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bloomberg.com — The largest U.S. mortgage finance company, couldn't find a buyer who would pay $6,900 for the three-bedroom house at 1916 Prospect St. in Flint, Michigan. So broker Raymond Megie, who is handling the foreclosure sale, advised cutting the price to $5,000. Megie still couldn't sell it.