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Wed August 28, 2013
Development group having success in attracting new residents to Detroit
It's no secret that the Great Recession took a huge toll on Michigan's population.
Our state population dropped for six straight years, leveled out from 2010-2011, and increased slightly from 2011-2012.
For many cities and neighborhoods, the post-recession challenge is getting new residents back into vacant homes.
One Detroit neighborhood is succeeding in that challenge: the Grandmont-Rosedale area, which is actually made up of five smaller areas on Detroit's West Side.
They're attracting new homeowners, and the Grandmont Rosedale Development Corporation reports that of that last 25 homes sold in the area, 14 were bought by suburbanites moving into the city. Let's see what neighborhoods around Michigan can learn from Grandmont-Rosedale as we say hello to Tom Goddeeris, the executive director of the Grandmont Rosedale Development Corporation. Tom, give us a sense of how well homes are selling in Grandmont-Rosedale. Listen to the audio above.