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In Ferndale, Angst Rises Alongside Housing Prices And New Developments

My wife and I talk a lot lately about what to do with our house. We just passed our 13th anniversary of buying our first home here in Ferndale. We’ve had two children in that time. Our home is, at long last, no longer under water, and we think we could probably turn a decent profit from selling it. Like anyone else, we’d like to upgrade to something a bit nicer. We want to stay in Ferndale. But we’re not sure we can afford to buy a home here anymore. Ferndale is in the midst of an incredib...

DetroitGentrification Is Detroit Gentrifying

These 7 Places Where The Data Says Detroit Is Gentrifying May Surprise You

One of the hottest discussion topics around Detroit right now is the one about gentrification. There is no question that the city is changing, but it’s worth taking a look at the numbers to see what’s really going on. This is how Governing.com, which takes an exhaustive look into gentrification in America, defines the term “gentrification”: These lower-income Census tracts experienced significant growth in both home values and educational attainment. To be eligible to gentrify, a tract’s med...