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The Motor City
Debbie Williams | People trust me with their single largest asset. It's a responsibility I take very seriously. I give 110% because I know that their success is my success. CRS,GRI,CNHS,e-PRO |
| Debbie has 10 recent and active property listings that range in price from $23,000 to $309,000 with the most recent sale on 2024-07-12 for $649,000. | |
| Serving the areas of East Bernstadt, Corbin, London & Manchester | |
| Read the reviews for Debbie Williams | |
Julie Huff Agent | As a realtor, I strive to make buying or selling your home an incredible, memorable experience. It's important for me to ... see full details and contact information for Julie ... Kentucky Association of Realtors National Association of Realtors |
| Julie has 5 recent and active property listings that range in price from $25,000 to $325,000 with the most recent sale on 2024-06-18 for $375,000. | |
| Serving the areas of Manchester, Mount Vernon, Pittsburg, East Bernstadt, McKee, London, Lily, Annville, Tyner & Gray Hawk | |
| Read the reviews for Julie Huff | |
I can help you with that! Here are some of the advantages and disadvantages of homeownership in Detroit, Michigan:
Advantages:
- Home prices in Detroit are generally more affordable compared to other cities in the US, which means you may be able to get more house for your money.
- The city is experiencing a revitalization, with an increase in population, jobs, and economic growth, which may lead to increasing property values.
- Homeowners in Detroit have access to a variety of amenities, such as parks, museums, historic sites, and cultural events.
- Owning a home can offer long-term financial benefits, such as building equity and providing a stable, predictable housing payment.
Disadvantages:
- The city has a high crime rate, which may impact your safety and property values.
- Parts of the city have a declining population and a higher number of vacant homes, which can lower property values around those areas.
- Detroit has higher property taxes compared to other cities in Michigan, which could increase your monthly housing payment.
- As with any city, the housing market can be unpredictable, so there is always some level of risk involved in buying a home.
It's important to do your own research and talk to a real estate agent or financial advisor before making any big decisions about homeownership in Detroit or anywhere else.