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The Motor City
Rob Romps Agent | EXIT Waterway Realty
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| Rob Romps has 0 active or recent property listings for $0 with the most recent sale on 2022-10-19 for $151,000. | |
| Serving the areas of Roscommon, Prescott, Gladwin, Houghton Lake Heights, Prudenville, Grayling, Rose City, Higgins Lake, Houghton Lake & Hale | |
Bob Walters | Started my career as a Realtor in Clarkston. Then moved to Davison as a sales manager for Prudential Realty. I have been at ... see full details and contact information for Bob ... estate and dedicated to serving the needs of my clients and customers. |
| Bob has 0 active or recent property listings for $0. | |
| Serving the areas of Mio, Lupton, West Branch, South Branch, Alger & Rose City | |
Gene Goodman | C A Hanes Realty
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| Gene has 0 active or recent property listings for $0 with the most recent sale on 2024-03-08 for $295,000. | |
| Serving the areas of Lupton, Prescott, Sterling, Hale, Whittemore, Gagetown, South Branch, Alger, West Branch & Rose City | |
Kori Sawyer | Licensed Real Estate Agent in the state of Michigan. Serving the area I grew up in! Morris Richardson Real Estate has been ... see full details and contact information for Kori ... all your real estate needs since 1960! Realtor, ABR, AHWD, e-PRO, PSA |
| Kori has 0 active or recent property listings for $0 with the most recent sale on 2023-12-07 for $220,000. | |
| Serving the areas of South Branch, Rose City, West Branch, Gladwin, Prescott, Alger & Lupton | |
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.