Eric Frontiera![]() | "Experienced Buyer and Seller of Real Estate and Realtor for Buyers and Sellers from West Michigan to Metro Detroit. Clients ... see full details and contact information for Eric ... when we puchased our homes. Your Place. Your Space. Your Home. Let's go!" |
This realtor has 0 active or recent property listings for $0 with the most recent sale on 2023-08-25 for $580,000. | |
Serving the areas of Jenison, Fruitport, Martin, Bradley, Hamilton, Saranac, Grand Haven, Belmont, Moline & Smyrna | |
Mark Baker![]() | Mark Baker, CCIM, Broker/Owner of Michigan Commercial Properties LLC, (MCP) specializes in the listing and sales of Michigan ... see full details and contact information for Mark ... Mortgage BrokerageMarket Areas: Entire lower peninsula of Michigan |
Mark has 0 active or recent property listings for $0 with the most recent sale on 2023-03-24 for $350,000. | |
Serving the areas of Eau Claire, Marne, Fruitport, West Olive, Bailey, Ravenna, Cannonsburg, Harbert, Leonidas & Vermontville | |
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 2024-07-17 for $610,000. | |
Serving the areas of Sodus, Ravenna, Casnovia, Byron Center, Leslie, Martin, Eaton Rapids, Stanwood, Hartford & Eureka | |
Read the reviews for David Bailey |
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.