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Land sales surge as Detroit real estate profits rise
Detroit real estate firm Puritan subdivision reports notable gains from property flips near Jerome Park and the Ford factory on Palmer boulevard. Multiple lots in North Woodward sub divisions No 1 and No 2 show profits from 25 to 500 percent, with one selling for 12 000 and another for 15 000 after initial 450 and 2 000 purchases. The brokers claim growing city expansion will drive further earnings this year.
MENTIONED IN THIS ARTICLE
Probbe
Detroit
Lancet, Rely & Co
Setelling
Hambrecht
Kelly & Co
North Woodwitd
Jerome Park
Ford
Palmer Boulevard
Schelling
Toe
North Woodward
Lambrecht, Kelly & Co
Whitney
Grand River Avenue
Woodward