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Real Estate

Detroit moves forward despite government shutdown

Home sales not yet affected

So far, the effects of the government shutdown have not hit the Detroit real estate market. But MLive has more on this community of concern:

Karen Kage, CEO of Farmington Hills-based Realcomp, the regional Multiple Listing Service, said that so far the resurging Metro Detroit real estate market has not been affected.

"It just something we’re going to continue to watch," said Kage, noting that some news reports have indicated that mortgage loans could be stalled by a continued closure of some federal agencies.

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