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The Motor City
Scott Harrison | I want to be your Realtor! I work with a great team of dedicated Realtors that are ready to work for you find your next ... see full details and contact information for Scott ... garner the best return on one of our lives largest investments our home. |
| This realtor has 5 recent and active property listings that range in price from $19,900 to $219,900 with the most recent sale on 2024-07-11. | |
| Serving the areas of Portageville, Fisk, Gideon, Clarkton, Arbyrd, Commerce, Senath, Puxico & Cooter | |
John Riley Agent | John has been actively investing in properties for over 10 years with the assistance of SOTO Property Solutions. He has been ... see full details and contact information for ... to have John as a licensed real estate agent to help grow the business. |
| John Riley has 0 active or recent property listings for $0 with the most recent sale on 2024-07-22. | |
| Serving the areas of Jonesboro, Mounds, Arlington, Tamms, Oran, Essex, Columbus, Olive Branch, Zalma & East Prairie | |
Mike Leible | A home is usually the most expensive acquisition a person makes in their lives. I take this business of selling your home or ... see full details and contact information for Mike ... my clients have written about me and give me a call so I can help YOU! |
| This realtor has 7 recent and active property listings that range in price from $28,000 to $299,900 with the most recent sale on 2024-07-12. | |
| Serving the areas of Sikeston, East Prairie, Morehouse, Matthews, Benton, Bertrand, Blodgett & Morley | |
| Read the reviews for Mike Leible | |
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.