Real estate blog entries tagged with michigan houseing values by Dylan Tanaka- REIA of Macomb (Michigans #1 Real Estate Investor Club)

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Home : Blogs : Dylan Tanaka- REIA of Macomb : How To Profit In The Michigan Foreclosure Flipping BOOM : Tag "michigan houseing values"

michigan houseing values: If You're Not Flipping You're Losing - 02/04/12 12:50 PM

Good News for Flippers-Bad News for landlords
Recent statistics from the leading source in our business (check out the blue highlighted section above) , Realtor Magazine, show that the Metro Detroit region has lost 13% in housing values over the last 90 days alone. This means that if you are holding residential real estate you are losing money as you read this, and maybe lots of dough.
It depends on a few different factors;
1. What type of property is it?
2. What city is it located in?
3. Where does the school system rank?
4. What percent of houses are non-owner occupied (rentals)?
… (7 comments)

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Warren, MI

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