Detroit Real Estate

Detroit real estate update

There are 3362 Detroit foreclosures for sale right now.  780 Detroit homes that are short sales and 20 Detroit Corporate relocation homes for sale.

Detroit home values have fallen dramatically.  It is not unusual for Detroit brick bungalows that once sold for $90,000 to now sell for less that $10,000.  Many metro Detroit home owners have lost tremendous equity in their homes.  Detroit homes are a bargain for many investors and landlords.

There are actually 1968 Detroit foreclosures that are priced under $10,000.  There are 853 Detroit foreclosures that are priced between $10,000 and $20,000.

What kind of homes can you get that kind of money you want to know?  Some are in good neighborhoods, some are basically sound houses.  Some need work and updating.  Some of these Detroit Homes are in rough neighborhoods.  Like all homes you need to see them and look at the area.

To Search for Detroit homes for sale go to my website Wayne County MI real estate