Detroit House Prices Are Rising

Is Detroit To Be The Fastest Recovering Economy Ever Seen?

The City of Detroit has been one of the worst economic cities hit by the recent recession in the United States. Back in the early years when the big three auto makers made Detroit one of the wealthiest cities to live in and work. Now house prices are rising again – is Detroit to be the fastest recovering economy ever seen? It certainly looks that way.

The City of Detroit is the largest city in the great State of Michigan. It is home to the auto giants Ford, Chrysler, and General Motors. It employs tens of thousands of people, and at its prime, was a very vibrant and proud city with low crime and enviable growth.

The tide changed over the years. With the automotive industry in the United States becoming more and more weak in the global economy, Detroit was now poised to be a lesser city that it used to be. Jobs became more and more scarce for a city that mostly knew how to produce the best cars and trucks the world has ever seen. Home prices have fallen to record lows.

Competition became more and more stiff. Japan was building cars and trucks that were being bought the world over due to their quality and better fuel economy. In addition, their prices were good and that attracted more and more customers away from buying American. Automotive loyalties changed.

Crime in the city rose, and with the loss of jobs, many families moved from the city limits to the surrounding suburbs. This left the city with abandoned homes and businesses. Detroit was feeling the pressure.

Schools were in decline and the graduation rates for students was dropping. It was hard for the city to rebuild its image, and its economy. And what was worse, was the obvious decline of the motor industry that was felt throughout the world. It seemed that Detroit’s automotive hold and place in the world was over for good.

Now, with the help of the US taxpayer and the new Obama Administration, all big three automakers are back making money, and they are making it back quickly with Ford and GM releasing reports of bumper profits for the past 2 years. Newer cars and trucks with better quality and much better fuel economy is drawing back customers and new jobs are being created. A brand new Ford plant in Detroit to build the first production electric car is already under way – ‘Motor city’ has pledged it’s eligance to Detroit.

Detroit is embarking on a new image with movie studios, a direction they have never been in before. Detroit is making a huge comeback. Now, Detroit house prices are rising – is Detroit to be the fastest recovering economy ever seen. The future looks bright.

We’re proud to be a member of the Association of International Property Professionals

Now into our third successful year of providing quality investment properties for our clients.  We are now a member of the AIPP, Association of International Property Professionals.


What does this mean?

When you see that a company is a member of the AIPP it means that they, (us) have been vetted and approved, and that they have voluntarily agreed to follow and be bound by the industry Code of conduct.

This badge of membership   is a reminder to you, the buyer, that a company must follow professional standards, and act with honesty, integrety, and transparency.

From now on we’ll be displaying this logo alongside our own to remind you of our commitment to you.
To verify our membership, to read the Code of Conduct, or to find out more about the AIPP, visit www.aipp.org.uk or www.aipp.ie

New 12 month rental & maintenance guarantee on our Detroit program

Hi All,
Our Detroit program is well into it’s second year now and steaming ahead. We’ve successfully completed 50 investments for our clients in this time….

We’ve targeted new areas, enlisted another property manager, and offered a 10% discount for cash buyers.

Now even better, we’re offering a 12 month rental and maintenance guarantee instead of the six months we previously offered.

There is no other company that can offer a package like this:

• 10% discount for cash buyers ($36,000 purchase)
• 12 month rental and maintenance guarantee **NEW**
• Mortgage guarantee; Low interest, fixed rates for the life of loan!
• Guaranteed minimum 13% NET ROI
• A full turn-key service

You can read our updated Detroit Investment Guide >

Property in Detroit Benefiting from Automobile Industry Revival

Economic news from Detroit, ‘Motor City.’

The improvement in the motor industry and the growth of many other industries in and around Detroit was mentioned by President Obama. He recently mentioned that “the industry is recovering at a pace few thought possible”. In addition to Ford, Chrysler has announced an operating profit for Q1 2010 and it is reported that General Motors has created over 45,000 jobs with an additional 1,200 expected to be saved this year by the construction of a new vehicle in a factory just north of Detroit.

Those considering investing in Detroit and capitalising on the demand for rental accommodation will be interested to know that three bedroom family homes are available from as little as $36,000 / £24,000 on our Detroit program which includes refurbishement, tenants and professional management – A full turn-key service. Furthermore, we are the only company offering all our clients a guaranteed, non-status mortgage with a low, fixed rate interest rate of only 3.95%!

When purchasing in Detroit it is essential to select the right properties in the right locations. This task makes up 90% of the work we do with our local Detroit experts. With their help, we are able to identify for our clients the premium roads and suburbs in which to buy and can gain access to the most desirable properties as soon as they become available.

With real estate in Detroit increasing in price, there is a unique opportunity to invest in a market with massive potential both in terms of growth and high rental returns.