SEGABA Real Estate
Property Blog
Michigan Real Estate
February 4th, 2008 by admin
Michigan has had a fairly steady housing market and has only dipped slightly in prices. It would be a good time to invest in certain areas of Michigan including Saginaw.
Most of the real estate market in Michigan has been hit hard by the foreclosure market, having a total of 40,000 homes being sold in foreclosure right now.
Detroit is the biggest city in Michigan and is home to the Detroit Red Wings hockey team, and one of the biggest steel cities in America.
The average home price in Michigan is $140,000 which gives you a good bang for your dollar. I checked it when I was browsing a vacuum cleaner parts website.
Ann Arbor has the nicest homes in Michigan and is ideal for families. It has great schooling, and amenities. The average home price is $260,000, but that is because the market has slowed down and dipped. It’s a great time to invest in Ann Arbor, and it’s an even better place to raise a family.
Grand Rapids is another one of Michigan’s up and coming cities, where you will find great schools, and lots of employment opportunities. It’s also home to the best serviced hospitals in Michigan. There are a total of three hospitals so you have not a thing to worry about if you’re in need of constant health care.