Best neighborhood, but still no takers............. http://www.trulia.com/property/1045565228-1470-Iroquois-St-Detroit-MI-48214
I live in the Detroit suburbs. The reason it wonât sell quick is because of location. Human infrastructure essentials from education to shopping are poor, leaving or are now nonexistent. There are many more homes like this in an old beautiful area of Detroit that come from a grander era. I know many people that have poured their life savings into these homes like this one. Then they gave up as the city came apart around them.
Shitty weather Shitty schools Shitty political system Shitty taxes Shitty economy Shitty crime Shitty future Still don't know why anyone would consider living in such a Shitty place.
Forgot some more Shitty jobs Shitty entertainment Shitty transportation system Shitty quality-of-life Shitty air quality Shitty airport Shitty name brand (would you really want your address to read Detroit, MI?) Shitty sports Shitty culture Shitty automobiles...
A day's gunfire in Detroit: 15 people shot, including 6 dead "Highlighting what police are dealing with, at least 20 people were shot between 6 a.m. July 29 and 6 a.m. Aug. 1, based on information in major crime reports released by the department. " http://www.freep.com/article/201108...t-15-people-shot-including-6-dead?odyssey=mod|mostcom
Wow... This includes a multi-victim shooting July 31. According to police, a backyard party on the 18000 block of Bradford was shot up and five people were injured. Also that day, a 56-year-old man was found fatally shot on the 12000 block of Rutland. Earlier in June, an 8th grade graduation party was shot up on Westwood in Detroit and three people were seriously injured. Authorities have charged Antonio Jevon Fletcher, 15, as an adult in that shooting. Also in June, two people were injured during a shooting at a Mackenzie High School reunion picnic. Weeks later, in July, five were injured during a drive-by shooting at a Cooley High School reunion. After a 3-year-old was shot and killed in July when a bullet pierced the front window of her familyâs apartment, Godbee said there has to be public outrage. Aarie Berry was killed after a daylong neighborhood fight escalated.
The problem with this is the effect on other houses' prices. There were other homes in Detroit that looked like the Brady family's house (the TV Show). They were in good condition - but were asking 325k. All those houses now have to go lower in price. Rinse and repeat.