Detroit Housing Market: The Bubble Is About To...

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  • Опубликовано: 28 дек 2024

Комментарии • 13

  • @midwestlakelife
    @midwestlakelife 7 месяцев назад +1

    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.

  • @michaelward9201
    @michaelward9201 7 месяцев назад +1

    Haha great video. Very real analysis. Detroit is definitely on the come up big time. No crash coming. I have a 3% rate btw.

    • @LivinginDetroitMi
      @LivinginDetroitMi  7 месяцев назад

      Gotta love a 3% rate! Crash talk is just exciting. Some have been predicting it every year for the last 7-10 years!

  • @user-te9lc3cq3h
    @user-te9lc3cq3h 5 месяцев назад +1

    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….

    • @LivinginDetroitMi
      @LivinginDetroitMi  5 месяцев назад

      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?

  • @Johnsun12
    @Johnsun12 7 месяцев назад +1

    Runnn, Ohio and Michigan are going to break people 😱

    • @LivinginDetroitMi
      @LivinginDetroitMi  7 месяцев назад

      Thanks for commenting! Some people run to and from Ohio and Michigan!

    • @user-te9lc3cq3h
      @user-te9lc3cq3h 5 месяцев назад

      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 …

  • @jq9807
    @jq9807 7 месяцев назад +1

    It's funny, because in comparison,it's still one of the cheapest places to buy

    • @LivinginDetroitMi
      @LivinginDetroitMi  7 месяцев назад

      Depending on the area it can be considerably reasonable still. There are definitely some areas that are pretty expensive!