Everyone leaves Detroit eventually

well, nearly everyone. D left as soon as she could. Jack White took a little longer.

Rock's Jack White Sells Detroit Home - WSJ.com
Grammy-winning musician Jack White, lead singer and guitarist of rock duo the White Stripes, has sold his Detroit home for $590,000, well below its initial $930,000 asking price. Mr. White recorded his hit 2005 album

Get Behind Me Satan

in the foyer of the 5,800-square-foot home.

The 1914 house was designed by C. Howard Crane, best known for theaters on Broadway and elsewhere. The home has four bedrooms, a paneled library, a sunroom and a garden with a koi pond and fountain.

Mr. White bought the property in 2003 for $524,000, records show. Last August, he put the house on the market for $930,000 and later cut the price to $650,000. Listing agent Mike Kramar of Coldwell Banker Callan said the buyers are a retired couple from Maryland, but wouldn't identify them.
...
In Detroit, the average price of a home fell 23.5% in the first two months of 2007 from year-earlier levels, the Michigan Association of Realtors says.

Tags: Detroit, /real_estate