YP revives foreclosed house, neighborhood

The Freep sits down with one of Detroit’s many young professionals who has decided to buy urban rather than suburban. In doing so, he revived a foreclosed house on the city’s west side.Excerpt:”I chose to purchase and bring back to glory a foreclosed house in
the city rather than do the typical suburban move,” says Ali, who has
an industrial design degree from Wayne State University and works for
BDS Marketing. “In the end it proved to be a year-long labor of love
that brought my family closer together and helped save a beautiful
home.” Metro Detroiters are more than familiar with the city’s
dismal foreclosure situation. RealtyTrac, a company that tracks
foreclosures nationally, reports that Metro Detroit remained among the
Top 10 for foreclosures last year. The state of Michigan ranked
seventh. Hopefully, for homeowners and banks alike, the new
administration’s policies will lessen this sad state of affairs. For
now, however, Ali and other urban boosters, are taking the matter into
their own hands. Read the entire article here.