Investor · Tucson, AZ · Member since 2013 · 124 posts · 11 votes
My RE agent is urging me to invest in Michigan. I'd like to hear from fellow BP members investing there. What are the real estate market trends in that state?
Thanks in advance.
Investor · Howell, MI · Member since 2011 · 202 posts · 52 votes
13y
As a Michigan investor I would urge you not to! Obviously everyone has their own niche of the market where they are comfortable. For me, my niche has gone through the roof. You'll have to be prepared to move quickly. There is still appreciation coming I believe for the next several years. New construction is on fire and costs are rising which seems to be pulling up the values of the existing product.