Toronto Star talks the good and the bad of Detroit

The Toronto Star looks at the highs and lows of the Detroit realestate market — from foreclosures to new developments.

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Excerpt:

Downtown remains far from perfect. Several old buildings still sit
abandoned; one, surrounded by plywood battens at ground level,
displays the spray-painted exhortation “MAKE THINGS BETTER.” But
[Detroit Renaissance’s Doug] Rothwell is hopeful.

“All of a sudden, it feels like there’s a critical mass, that you can
do things again,” Rothwell says. “Detroit will never be the Detroit of
old, but it can be, and is, a very viable city and region.”

Read the entire article here.

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