While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Detroit's housing market is improving from the lows of years past, but remains a mixed bag. Some areas - like downtown and Midtown - are seeing a resurgence with renovated homes and rising prices. Other neighborhoods still have very cheap houses, reflecting the city's ongoing recovery. That gives first-time buyers and investors a chance to snag a bargain, though those properties may need some work.
Well-kept homes in stable areas do sell and appreciate, but it's no feeding frenzy. Investors remain active, snapping up properties to fix and rent. Foreclosure listings are still part of the landscape (though not as common as after the recession), giving bold buyers a shot at a deal. In general, Detroit real estate is gradually rebounding as the city mends.
