A fresh wave of foreclosures could destabilize neighborhoods in Detroit, just as they are beginning to recover from the mortgage meltdown.
Wayne County plans to sell 28,545 Detroit properties at auction this fall — including about 10,000 occupied homes — that are three or more years delinquent on taxes. That’s a record number, in part because Treasurer Raymond J. Wojtowicz ended a long practice of avoiding foreclosure on properties with… Continue Reading