Metro Detroit's housing market looks bleak

No frothy market here.The Detriot News has a report on the slow housing market in the Detriot area and how the auto industry affects the economy there.

Metro Detroit's housing market has just one thing in common with white-hot real estate in other U.S. cities -- the bottom could fall out in the near future.

Unlike San Francisco or Tampa, Fla., however, where rapidly escalating prices have created fear of a housing bubble that might burst, Metro Detroit home prices are in danger of going from stagnant to rapidly declining.