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Monday, February 26, 2018

What can $65K buy you in Detroit, Michigan?

It's been quite a while since covering the great American city of Detroit aka Motor City. As has been advertised in the news over the years Motown has suffered from population loss. Not only that there are a lot of foreclosed homes and vacant lands which have also been turned into urban farms.

Of course for the purpose of today's post Curbed Detroit looks at those homes which cost at least $65K. One home shown on their post costs about $60K two of the homes show in that post cost $69.9K.

If you can get through the many issues of Detroit which probably could amount to taxes and crime, a good deal could be had. Of course the basic rule of real estate is get in before the prices increase. Detroit may be a city in decline, however, nothing is forever! Detroit may rise from its decline.

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