Detroit auctions first blighted home for $34K

DETROIT (AP) - Detroit's effort to auction off vacant, city-owned houses to people willing to quickly fix them up is getting attention from potential buyers.

The auctions began Monday, with The Detroit News and MLive.com reporting the first home being offered as part of the effort getting a top bid of $34,100. Bidding began at $1,000 for the 1,400-square-foot, 3-bedroom colonial-style home in Detroit's East English Village.

One home is being auctioned each weekday. The auctions are part of the city's effort to eradicate blight while stabilizing neighborhoods.

Detroit has struggled for years with vacant homes and buildings, and thousands of them have been razed. Vacant houses and buildings often are vandalized by metal and wire thieves. The damage they do make the structures nearly impossible to sell.

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Online:

http://www.buildingdetroit.org

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