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Home prices decline for 1st time since '93

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Liz Reno works in the garden in front of her Livonia home, put up for sale before Labor Day. Six open houses and 30 prospective buyers later, she and husband Jim still don't have any offers.

Home prices decline for 1st time since '93

Metro Detroit's drop blamed on glut of new homes, economic malaise, impact of Prop A

By R.J. King / The Detroit News


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