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Updated almost 10 years ago on . Most recent reply

Robin Secord's profile image
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Robin Secord
  • Real Estate Agent
  • from Union City, MI
  • Member since Jun 30, 2014
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Robin Secord
  • Real Estate Agent
  • from Union City, MI
  • Member since Jun 30, 2014
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Robin Secord
  • Real Estate Agent
  • Union City, MI
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Buying & Selling Real Estate

Michigan wins again - Detroit is in top 5 for flipping real estate

Robin Secord
  • Real Estate Agent
  • Union City, MI
Posted

Here is a recent article from Forbes:

http://www.forbes.com/sites/navathwal/2015/06/30/t...

Detroit is one of the top 5 cities in the nation for flipping.

Does this mean that Detroit is coming back???

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Joe Villeneuve
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied
Originally posted by @Prag Patel:

As someone who grew up in the metro detroit area for 20+ years, this article seems pretty worthless to me. There were ALWAYS areas that flippers and the like did better, i.e. Birmingham, Royal Oak,etc... To me, it just means there were areas that were so depressed, they were given away, so they had no where to go, but up. The area as a whole need to appreciate in value to "come back". Also still not sure Detroit City Council "gets it" yet, ton of bias and political agendas to get through.

 How long have you been away from Detroit?

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