clipped from: www.cnn.com   

Got $100? Welcome to your new Detroit home


(CNN) -- If an e-mail popped up in your inbox promising a house for $100, you'd expect to see it sent from a guy in Nigeria asking you to wire him several thousand dollars first.


But this depressed housing market dream is real. And Detroit, Michigan, artist Jon Brumit and his wife, Sarah, are living it.


The couple never counted on owning a home.


"It's not that we have a little money," Jon Brumit said, laughing. "I'm saying we have no money."


But the couple began entertaining the idea of a permanent nest when their friends Mitch Cope and Gina Reichert, also artists, started taking advantage of foreclosures in the city, where the average home price dipped to $11,533 in April, according to the Detroit Association of Realtors.


Zeb Smith lies on his front lawn and spends a quiet afternoon with his neighbors.