ECONOMY IN CRISIS: AREA FALLOUT
Updated: 5:00 am
Lucas County faces funding dip with drop in property values
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Lucas County Sheriff’s Deputy Sherry Stearns secures the door of a home on Joffre Avenue after
the residents had been evicted. (THE BLADE/DAVE ZAPOTOSKY) |
Five years ago, the house at 1503 Albert St. on Toledo's east side commanded a sale price of $60,000. But those days are long gone for 1503 Albert. A year ago, it sold for just over $26,000. And in January, the house traded for $15,000 - another victim of the cruel collapse of the housing bubble.
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