Detroit, Michigan - Real Estate
Located just across the river from Windsor, Ontario, Detroit is the county seat of Wayne County, Michigan. It is the 11th largest city in the United States a population of 900,198, while its greater metorpolitan area is home to 4,493,165.
Real estate prices in the Detroit-Warren-Livonia metro area are much lower than average for a major city. This is partly due to its declining urban population, which has actually driven prices down in recent years. The median cost of a single family dwelling currently stands at $156,200, making the region an affordable choice for first time homebuyers and low income families.
It is occasionally possible to find some exceptionally good bargains in the city through the use of foreclosed property listings.
To find foreclosures and rock-bottom real estate bargains in Detroit, Michigan and other cities across America, please click here.