Market Conditions in Detroit : Advice

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Sheriff Whol…, Real Estate Pro in Detroit, MI
Sheriff Wholesale answered:
Where are the best neighborhoods in Detroit to invest in a duplex. I want reliable tenants.
Right now most of my investors are buying in Northwest Detroit.
If you would like Video of any property or neighborhood let us know
www.VideoInspectors.com
0 votes Share Flag Mon Apr 21, 2014 Market Conditions in Detroit
Kenan Jue, Real Estate Pro in San Francisco, CA
Whenever you’re new to anything—a new job, a new exercise routine, a new school, a new town—you’re apt to say some pretty ridiculous things, whether it’s down playing how difficult something… Read more
Blogged Wed Apr 16, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Haig Istambo…, Real Estate Pro in Michigan
Haig Istamboulian answered:
What action should a owner take for a property under management but still got vandalized? what authority should owner to persue help? or protection?
Hello,

The bottom line is that the property is owned by you and ultimately it is your responsibility to make sure everything is managed correctly. Having a house vandalized is very c ... more
1 vote Share Flag Thu Apr 3, 2014 Market Conditions in 48221
Kenan Jue, Real Estate Pro in San Francisco, CA
I was recently at a listing appointment with an older gentleman whose wife had passed not too long ago. The home was just too big for him and it was time for him to move on. He bought the home in the 1980’s… Read more
Blogged Wed Apr 2, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Steve Torain, Home Buyer in Detroit, MI
Steve Torain asked:
looking 4 side by side duplex4 sale rented already for $600 $33,000 cash This question was asked from http://www.trulia.com/property/42840250-14437-Curtis-St-Detroit-MI-48235
0 votes Share Flag Mon Mar 24, 2014 Market Conditions in Detroit
Steve Torain, Home Buyer in Detroit, MI
Steve Torain asked:
Looking 4 a duplex sidebyside that is rented $33,000 This question was asked from http://www.trulia.com/property/42840250-14437-Curtis-St-Detroit-MI-48235
0 votes Share Flag Mon Mar 24, 2014 Market Conditions in Detroit
RAFIQ.HUSSEI…, Home Buyer in Hamtramck, MI
RAFIQ.HUSSEIN81 asked:
homes similar to 3969 sold This question was asked from http://www.trulia.com/homes/Michigan/Detroit/sold/22645648-3969-Harold-St-Detroit-MI-48212
0 votes Share Flag Tue Mar 18, 2014 Market Conditions in Detroit
Kenan Jue, Real Estate Pro in San Francisco, CA
Income inequality has been growing in America, driven by technology, globalization, and other factors. It’s caused tensions between the haves and have-nots, which often get played out at the local level,… Read more
Blogged Thu Mar 13, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Kenan Jue, Real Estate Pro in San Francisco, CA
Over the past year, we have seen an increase of 10.4% on home prices nationally, according to Trulia’s Price Monitor. We are seeing the beginnings of a robust recovery from the housing market crash… Read more
Blogged Mon Mar 10, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Kenan Jue, Real Estate Pro in San Francisco, CA
The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed… Read more
Blogged Thu Mar 6, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Inez Walker, Home Buyer in Southfield, MI
Inez Walker answered:
I notice that almost of the houses don't have central air or window air units. Is that because it doesn't get that hot in summer there?
No, it definitely gets hot here. It's probably because the houses in this area are old and built at a time when most homes did not have air conditioning.
0 votes Share Flag Mon Mar 3, 2014 Market Conditions in North Rosedale Park
Rosscomont, Home Buyer in 48444
Rosscomont answered:
Can anybody tell me why this houses are really nice and economic? I want to buy one and rented, is there any risk?
In Detroit, you have the risks of getting squatters. A friend of mine spent 1 year in court getting rid of them. I would buy a house that needs repairing then sell it.
0 votes Share Flag Wed Feb 26, 2014 Market Conditions in Detroit
Daniel Baron, Real Estate Pro in Royal Oak, MI
Daniel Baron answered:
How much are the association fee's and why are they not listed ? Also what are the association terms and conditions ?
Association fee for this property is $1,121/month, which includes gas and water.
0 votes Share Flag Sun Feb 23, 2014 Market Conditions in Joseph Barry Subdivision
Daniel Baron, Real Estate Pro in Royal Oak, MI
Daniel Baron answered:
Is the basement included in the square footage of my home in Detroit?
I was unable to find the square footage of your home in your Trulia listing. However, according to Wayne County public records, your living area square footage, which doesn't include th ... more
0 votes Share Flag Sun Feb 23, 2014 Market Conditions in Russell Woods
Kenan Jue, Real Estate Pro in San Francisco, CA
Indeed, there’s no place like home.Let’s examine how homeownership makes “cents” –  from the tax benefits, to good old fashioned financial stability.  The financial benefits of homeownership… Read more
Blogged Thu Feb 20, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Kenan Jue, Real Estate Pro in San Francisco, CA
Indeed, there’s no place like home.Let’s examine how homeownership makes “cents” –  from the tax benefits, to good old fashioned financial stability.  The financial benefits of homeownership… Read more
Blogged Thu Feb 20, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Kenan Jue, Real Estate Pro in San Francisco, CA
If January construction and home sales data – which come out this week and next – show declines, the “polar vortex” will be prime suspect #1. But how much did January’s weather really affect… Read more
Blogged Tue Feb 18, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Walter Fahoo…, Real Estate Pro in Detroit, MI
Walter Fahoome answered:
is this area good for investment ..... are people moving in or out?
Hi Nas,
It's definitely not the best area, but it's not the worst either. The east side of Detroit is very tricky, you really have to know what and where you're buying. ... more
0 votes Share Flag Mon Feb 17, 2014 Market Conditions in Detroit
cbak, Home Buyer in Detroit, MI
cbak answered:
I am trying to find an indices that tracks rental prices in the Detroit metro area for the past year or two
try truilia.com They give rental estimates crime info etc
0 votes Share Flag Sun Feb 16, 2014 Market Conditions in Detroit
Kenan Jue, Real Estate Pro in San Francisco, CA
Our friends over at Appfolio took the liberty of dissecting the results of the multifamily industry’s largest and most comprehensive national survey on apartment resident technologies. For your reading… Read more
Blogged Thu Feb 13, 2014 by Kenan Jue Market Conditions For Rent Rentals
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