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The Motor City
Adam Ratliff | Adam Ratliff here, born and raised in the hills of Eastern KY. I've traveled within the United States and other parts of the ... see full details and contact information for Adam ... reflected onto my civilian workflow. Call me if you need anything at all! |
| This realtor has 41 recent and active property listings that range in price from $10,000 to $589,000 with the most recent sale on 2024-08-13 for $525,000. | |
| Serving the areas of Rogers, Pine Ridge, Frenchburg, Wellington, Ezel & Slade | |
| Read the reviews for Adam Ratliff | |
Kamilia Lawson Serving the Area Since 1977 | I have been a licensed real estate agent for over 20 years now. I love helping people find a place to plant their roots and ... see full details and contact information for Kamilia ... cooking, being outdoors, hiking, camping, and listening to live music. |
| This realtor has 1 active or recent property listings for $189,500 with the most recent sale on 2024-06-21 for $200,500. | |
| Serving the areas of Hope, Morehead, Campton, Salt Lick, Hazel Green, Frenchburg & Denniston | |
| Read the reviews for Kamilia Lawson | |
R Michelle Rowland | Experienced Real Estate Broker |
| R has 7 recent and active property listings that range in price from $29,900 to $384,900 with the most recent sale on 2024-08-06 for $465,000. | |
| Serving the areas of Richmond, Wellington, Means, Lexington, Berea, Moorefield, Denniston, Morehead, Georgetown & Clay City | |
| Read the reviews for R Michelle Rowland | |
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.