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The Motor City
Frances A Johnson "Who Can" "Fran Can" | 6 years as a licensed real estate agent and 17 1/2 years as a title agent/manager prior to. My specialty is building ... see full details and contact information for Frances ... including referrals for contractors in any phase of building and planning! |
| Frances has 0 active or recent property listings for $0 with the most recent sale on 2023-11-09 for $425,000. | |
| Serving the areas of Casco, Richmond, Macomb & New Haven | |
Kevin Malinowski | Longtime agent to serve you as Buyer seller agent . |
| Kevin has 0 active or recent property listings for $0 with the most recent sale on 2023-10-06 for $292,000. | |
| Serving the areas of Sterling Heights, Bad Axe, Mount Clemens, Atlas, Utica, New Haven, New Baltimore & Macomb | |
Scott Briggs We Help Those In Foreclosure Obtain Tens of Thousands of Dollars | Scott Briggs is the Broker / Owner of Briggs Realty, PLLC, and an Attorney at Law. Briggs Realty specializes in helping ... see full details and contact information for ... of dollars for our clients tax-free that they would otherwise not receive. |
| Scott Briggs has 0 active or recent property listings for $0. | |
| Serving the areas of Wixom, New Haven, Waterford, Allenton, Ferndale, Saline, White Lake, Wyandotte, Livonia & Inkster | |
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.