Posted To: Pipeline PressDetroit...near bankruptcy ? But many areas are doing well. As housing in established urban neighborhoods becomes ever rarer and more expensive, buyers continue to "bet" on areas that may be up and coming, hoping for a happy ending. There is more space for the dollar in resurging neighborhoods according to this article . Housing in these neighborhoods, where the upper middle class moved to get out of the hustle and bustle of midtown, can be architecturally exceptional. The golden rule with real estate is resale, and renovations and neighborhood gentrification go a long way towards that. And this might be of interest to those who "enjoy" watching politics and housing mesh...or not. N.J. Gov. Chris Christie has conditionally vetoed legislation that was designed to transform foreclosed properties...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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