Tuesday, April 13, 2010

Nice Detroit

I saw this on facebook the other day. Nice to see some "good" things about Detroit.

I know most of my posts are negative, but there are good things about Detroit. Great summers. Community. Good midwestern values. Beautiful homes and neighborhoods. Lakes. History.

But it's sad...if you search for homes for sale in Grandmont Rosedale, one of the "nice" neighborhoods cited, there is so much blight and so many foreclosures. And homes can be bought for a steal, literally. There is one home for $240K, and then the prices drop precipitously. Quickly. The last house on the first page went for only $68K.

There is a house on Carlisle, less than two blocks from where we grew up, that was sold for $1050. That's it. A third of one mortgage payment. A foreclosure on Collingham for $15,900.

Prices jump across the street in Eastpointe, but it's ridiculous. And sad.

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