David Bailey![]() | David is one of West Michigan's finest real estate brokers serving all parts of West Michigan. His full-service company, ... see full details and contact information for David ... with five Regional Emmy awards for his fact-finding and journalism on TV. |
This realtor has 1 active or recent property listings for $189,900 with the most recent sale on 2024-05-24 for $610,000. | |
Serving the areas of Riverside, Constantine, Vandalia, Bradley, Orleans, Benton Harbor, Berrien Springs, Elm Hall & Holton | |
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Cindy Beckwith![]() For the Best Help in Homes | Shop with me for house listings before they get listed. Well shop for West Michigan real estate, lakefront homes for sale, ... see full details and contact information for Cindy ... Haven houses for sale, North Muskegon homes for sale, and Holland MI. |
Cindy has 1 active or recent property listings for $189,500 with the most recent sale on 2024-06-18 for $645,500. | |
Serving the areas of Hastings, Okemos, Nashville, Portland, Grand Haven, Ferrysburg, Ionia, Saranac & Bath | |
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Kellie Garrett![]() Real Estate Matchmaker | Got Real Estate? With 26 years of marketing experience and an MBA, some people wonder why I choose to move into real ... see full details and contact information for Kellie ... to on of the real estate agents in my extensive network through the U.S. |
Kellie has 1 active or recent property listings for $2,600,000 with the most recent sale on 2024-04-11 for $515,000. | |
Serving the areas of Onondaga, Bath, Mason, Holt, Grand Ledge, Potterville, Haslett, Charlotte & Okemos |
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.