Detroit Housing Market: The Bubble Is About To...
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- Опубліковано 28 жов 2024
- Detroit Housing Market: The Bubble Is About To...Get Bigger! Have you been wondering what's going on with the Southeast Michigan or Michigan housing market as a whole? Are you trying to decide if now is the right time to buy? In this video, I break down what is going on with the current housing market in Southeast Michigan, Detroit and Ann Arbor Michigan.
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There are some new condos being built a couple miles from my lake home near Commerce Township.
These condos start at $600k. Don't get me wrong, I'm happy they are on the expensive end, BUT who can afford these condos?
Prices are crazy. We couldn't afford it.
I hear you! Prices here are getting crazy!
Haha great video. Very real analysis. Detroit is definitely on the come up big time. No crash coming. I have a 3% rate btw.
Gotta love a 3% rate! Crash talk is just exciting. Some have been predicting it every year for the last 7-10 years!
it is crazy a house built 1970 on a land 6k lot with little to nothing in being restored in 2000 at a price of 15k sold at auction 17k with little restoration put 20k wall as electricity in 3 moths jumped at 199k. - Pure Greed….
Sounds like a scenario that may have happened to you? Sounds too precise not to have. Unfortunately the market is where it is. If that's the actual value, would you sell for much less?
It's funny, because in comparison,it's still one of the cheapest places to buy
Depending on the area it can be considerably reasonable still. There are definitely some areas that are pretty expensive!
Runnn, Ohio and Michigan are going to break people 😱
Thanks for commenting! Some people run to and from Ohio and Michigan!
lol for real they are putting all African there is 35 Million Ukrainian looking to come in the USA and in Canada this is what is driving this market all immigrants will be out of your residence asap like in NewYork …