I am flabbergasted that once again, thousands of properties in Detroit are in foreclosure. Many people on payment plans are behind again. I looked at a house on San Juan that is listing for 35K, is tax appraised at 32K and the taxes are almost 3K per year. 5-20% reductions aren't enough to make up for years of over payment for less and less services. Make the reassessment of Detroit residential property a priority or the anticipated return of residents and housing value to the all but best neighborhoods is going to be a very slow process. As it is, inventory of Detroit homes for sale is very low.