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Michigan housing market: Getting scary?

As a baby-boomer thinking fantasizing about moving to a warmer climate, my attention is focused on Michigan's housing market.  News is not good.

Ben Jones in his blog, The Housing Bubble 2, comments in a post about a Detroit News story about how housing prices are flaming out, particularly in southeast Michigan.  Read his post and then check the 38 comments from others who are concerned.

On my street in southwest Lansing, For Sale signs stay up for months before there is a sale or the sellers just give up.

When will the correction happen or does it depend on the state's wobbly economy finding level ground?

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