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The Motor City
Emily Davis | My name is Emily Davis and I work for The Win Crew! |
| This realtor has 0 active or recent property listings for $0. | |
| Serving the areas of Holland, Brownsville, Adolphus, Bowling Green, Sweeden, Olmstead, Roundhill, Smiths Grove, Auburn & Lewisburg | |
Megan Casebier | Keller Williams First Choice Realty
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| Megan has 2 recent and active property listings that range in price from $239,000 to $275,000. | |
| Serving the areas of Greenville, Bowling Green, Smiths Grove, Russellville, Franklin & Belton | |
Carla Brewer | I have been in real estate 14+ years. I look forward to serving you to find your dream home or sell your current property. |
| Carla Brewer has 3 recent and active property listings that range in price from $119,000 to $189,000. | |
| Serving the areas of Bremen, Drakesboro, Central City & Greenville | |
Doug Glenn | My name is Doug Glenn and I work at The Win Crew. |
| Doug has 0 active or recent property listings for $0. | |
| Serving the areas of Greenville, Scottsville, Roundhill, Holland, Brownsville, Lewisburg, Adolphus, Bee Spring, Smiths Grove & Russellville | |
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.