Boom 2018 in Michigan: why and where you must buy property
Michigan, cradle of the wonderful city of Detroit, has been for years the largest American car manufacturer, as well as source of inspiration for the murals of Diego Riviera.
Home of the Motown record label, today it is also the spearhead in the real estate world.
Let's see in detail!
Just in 2018 there was a boom in purchases thanks to the high number of requests and the speed of the real estate offer to match and meet the demand.
What were the triggers of this boom and why find a property in Michigan and its characteristic innovative cities?
General house prices have risen sharply in recent years, always due to the high demand from tourists who fell in love with the beauty of this nation and decided to settle down.
The sellers then, have taken advantage of the opportunity to propitiate to place in the market their homes that, currently, have increased their value and are the subject of great interest to potential buyers.
Which are the most desired and favorable places to conclude a contract of sale or lease?
For art lovers, the most successful city is Beer City US. The bustling metropolis boasts many modern venues that enliven the local nightlife, as well as annual festivals including the world-famous ArtPrize.
House values are around $140,000, but it's always the beating heart of the city, so it's not as bad as the offer.
There is also a constant increase in demand in the area of Ann Arbor, the university town of international renown, which every year hosts millions of students from all over the world. Here, too, prices are higher but always lower than in the previous city. Rentals are the most popular contracts given the segmentation of a typically young market.
Last but not least in the top 3 cities most selected by the public of investors is Lansing.
While the cities described above are characterized by a very high offer, Lansing is characterized by its numerous questions.
The capital is the place of the state is the ideal place to live and above all to work, and allows you to ride both among the nightclubs and among the excellent services.
The average cost of a house in Lansing has increased by 13%, but this happens precisely because many more people understand and appreciate the possible benefits of living in these realities for everyone.
The future of Michigan looks bright and on the rise for both buyers and sellers.
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