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Updated about 1 month ago on . Most recent reply
Are Home Prices Going Up or Down
Thinking about investing in Detroit Michigan. Does anyone here have any idea (based on data), if the home prices will be going up or down in 2025?
Most Popular Reply
Quote from @Muriel Hair:
Thinking about investing in Detroit Michigan. Does anyone here have any idea (based on data), if the home prices will be going up or down in 2025?
No one has any idea. Look at just today, everyone thought stock market this year was going to rocket then china comes out with AI allegedly superior to ours and tanks tech stocks. Too many moving pieces and parts. I personally would not invest in detroit as historically its not a appreciating market and for cash flow and I invest primarily for appreciation - I go off the location location location mantra.
- Chris Seveney
