If, like me, you have been closely watching the city of Detroit, then you can identify with me when I say that it has been quite a roller coaster.
From mounting debt to bankruptcy to houses practically being given away, there were moments when I thought that the Motor City was done for.
But this recent news article came as a pleasant surprise – Detroit is bouncing back and proving to be a stronger market than all previous estimates.
From the article: “Builders can’t keep up with residential demand in the heart of the city, at least. Downtown, once a ghost town, looks like a mini version of New York City.”
Read the rest of the article here, and then tell me in the comments section below whether or not you would put your money into Detroit!