Simple economics in the city of Detroit, as the price goes down demand goes up. We are experiencing this trend with a staggering 71.32% increase in sales (year over year) for the city of Detroit.
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Nathan Hurst / The Detroit News
Sales of Metro Detroit homes were up 19.71 percent in April over the same month [...]
Filed under Detroit · Tagged with buy foreclosed homes, City Of Detroit, Coming Back To Life, detroit april home sales, Detroit home sales, detroit increase in home sales, Detroit News, detroit sales, Foreclosure Prices, Foreclosure Sales, Home Sellers, Housing Market, Hurst, Livingston Counties, Livingston County, Median Home Price, Median Price, Metro Detroit, metro detroit home sales, Metro Detroit home sales rise in April, metro detroit housing, multiple listing service, Oakland County, Realcomp, sell my house Detroit, Simple Economics, Single Family, Wayne County, Wayne Oakland
April 18, 2008 by admin ·
Don’t miss out on the once in a lifetime opportunity to invest in this market correction.
By Stephanie Armour, USA TODAY
Home prices are sinking. Banks are seizing properties from owners who can’t pay their mortgages. Yet for Amber Gilmore, the miserable housing market has never looked better.
After searching for a home for more than a year, [...]
Filed under Real Estate · Tagged with Asking Price, Bargain Hunters, Chicago foreclosure, condo sales detroit, detroit foreclosure homes, detroit housing market, Fire Sale, First Time Home, First Time Home Buyers, foreclosed homes, Foreclosure Rates, Foreign Investors, Granite Countertops, Hardwood Floors, home foreclosures, housing bargains, housing boom bust, housing inventory, Housing Market, housing prices fall, Housing Recession, Lifetime Opportunity, Median Price, Metro Areas, Price Declines, real estate inventory, Spanish Language Media, Stephanie Armour, Time Home Buyers, Usa Today, Windfall
Don’t take our word for it, check out this recent article from the Detroit Free Press. The facts are the facts; now is the right time to buy investment property in Detroit!
Remember, we have access to the direct bank lists and our homes are all pre-mls unlike the majority of the garbage out there.
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Filed under Detroit · Tagged with bank owned, bulk property, Buying Foreclosed Homes, Cash Flow, city with most foreclosures, Detroit Area, detroit cash deal, detroit free press, Detroit Investment property, Foreclosure Properties, free press, highest foreclosure market, Housing Market, housing news, housing slump, investment property, Investments Inc, Jared, jeremy burgess, Key Role, Mark Nagy, most foreclosures, Pitfalls, pre-mls, RCH Brokerage, RE Investments, RE Investments Inc., Recent Article, Right Time, S Market, Shovel, Urban Development Solutions Group, Washington State, Wholesalers