Federal Reserve Study on Detroit Housing Prices (Neighborhood-based)

http://www.crainsdetroit.com/article...rnoon-20150824

One of my time worn expressions is 'disaggregate the aggregate' or break down the whole into its components pieces. When talking of the components pieces for a city's housing it would be the various neighborhoods.

So the Federal Reserve had a study of Detroit housing prices in the aggregate as well as neighborhoods.

Should be NO surprise to posters here that certain neighborhoods are doing very well while others have not bounced back from the real estate crash.

The neighborhoods doing best are along Woodward and the East riverfront.

The article discusses the why.

Pretty sloppy that they have a picture of Corktown and call it Palmer Woods!