http://www.wsj.com/articles/detroits...ost-1476982801

The morning paper includes an essay with generally positive information about the city's housing market. The Detroit Land Bank and Quicken Loans are praised. I knew it was challenging to get a mortgage in Detroit but I was
surprised to see that more than 80% of home sales in the city are done with cash. The Rehabbed and Ready program has the modest accomplishment of selling just 20 homes in 13 months.