17 of the 18 properties on this block are subject to foreclosure, or have already been foreclosed.
This is from a fantastic Detroit News article this morning on the toll of arson on a Detroit block.
Since 2000, the city has averaged an extraordinary 4,000 - 5,000 fires per year — the majority presumed to be intentional.
Over July 4th weekend alone this summer, there were 100+ fires in Detroit.Article here: http://www.detroitnews.com/apps/pbcs.dll/article?AID=2014307160032
At LOVELAND Technologies, we’ve updated Detroit’s Tax Distress Map on Why Don’t We Own This and found that only 38% of Detroit property owners are paying their property taxes — that’s down from 50% just a year ago.
Tax foreclosure continues to gut Detroit. This is the whole ball game for the future of the city, and palliative solutions won’t cure a systemic problem.
There are $700 million in uncollected taxes across the city and 100,000 properties subject to foreclosure (haven’t paid taxes in >3 years).
The New York Times has a front page story on the subject this morning, too:http://nyti.ms/UPQVeM
The two on the right are City of Detroit owned. The middle one sold for $47,000 in 2006. Since then, tax foreclosure and, clearly, a fire.