Detroit Real Estate Market

Whether it is investors, flippers or traditional buyers there is a lot going on in Detroit when it comes to residential real estate. We discuss the recent announcement by Dan Gilbert to provide some property tax relief and who it will and won’t help, who is relocating to Detroit and what is brining them into the city and how marketing conditions are impacting the home flipping segment of the market. We also share what low interest rates means for buyer and what the pros and cons are of this market for buyers and sellers.