Don't wait to buy real estate, buy real estate and wait!  That old adage fits Detroit perfectly.  Historically a very stable market with slow and steady growth, prefect for the investor collecting assets.

Since 2000 we have noticed lots of trends in the real estate market across the country.  Mostly big swings in both directions.

Invest at the right time in California, Las Vegas, Florida, Arizona and you were sure to make a killing.  Invest at the wrong time and you were sure to be killed.

The Detroit market, on the other hand, has been very stable.  Growing slowly while some 'hot spots' were burning up and shirking slowly while those 'hot spots' cooled off.

One investor of ours who invests in many states calls Detroit his 'Bread and Butter' market.  He purchases homes here for long term stability. 

He has said it best; "Detroit is one of the best places to purchase rental properties because they are brick, beautiful, in great neighborhoods, have basements and the market for tenants is so large you can generally find 5 or 6 solid tenants for each home you want to rent. Section 8 (government subsidized housing), traditional renters and even lease-to-own tenants can all be found here in large numbers."

For the five year period ending in September 2006, Detroit real estate has grown at 11% making it one of the best buy and hold markets in the country, especially for the quality home and renters you can find.  Add to it the HUGE EQUITY each home comes with on day 1 and your beginning to see why Detroit is where the smart real estate investors are investing!

READY TO GET STARTED?

We love talking to others about real estate investing, so please, no matter if your just thinking about it, nervously looking for your first home or are ready to purchase your 20th home, do not hesitate to contact us.  We have been where your at and fully understand what your going through. 

We can be reached by phone at 248-613-2811, email at realestate@tradewindsgroup.com or if you prefer us to call you, just fill out the form and we will get back to you as soon as we can!