More money in the market means more opportunities for everyone.Active Inventory: A whopping 52.6% increase in active inventory, from 2,717 to 4,146, means more options for buyers and a more balanced market.Despite a slight dip in the percentage of the original list price received (down 1%) and a minor increase in median time to contract (up 11.1%), the overall sentiment is overwhelmingly positive.

I think there's sentimental value there which could be part of the reluctance. 

I do believe that market cap rates (i.e. cap rates of recently sold comparables) provide a feel for investors sentiment in how they value and assess risks associated with the properties in a certain market.Cheers...

don't discount investor sentiment it can be a falling knife no real reason not to buy or invest other than people pull in the reins on bad news.. 

We think we tracked down the bank - i used their website form to submit an inquiry since there is no apparent way to reach a human when you call...Its a great neighborhood, but also sentimental for my husband to be next to the house he grew up in.

I understand that sentiment to an extent.

Bill Gulley My sentiments exactly!

Which is where I have to separate sentimental feelings from business.

With it having sentimental value, I think you need to look at where the home is at.

Hey Tyler, speaking as someone who invests heavily in Detroit and helps others do the same... it is far from saturated.The sentiment around Detroit has finally moved from grossly negative to neutral.