HomeVestors Realizes That The Michigan Real Estate Market Is Increasing In Value


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Real estate investors who are looking for an up-and-coming area should consider the Michigan real estate market.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that the Michigan real estate market has been making steady gains over the last couple of years.  In fact, the cities of Detroit and Ann Arbor are in the top 10 real estate markets in the nation.  These cities are both improving economically and calling people to move back into these regions.  Those real estate investors who purchase rental property in either of these cities are likely to have a profitable endeavor on their hands.

The reasons that investing in the Michigan real estate market makes sense are because the state is undergoing an economic recovery and it is one of the most affordable states in the nation.  Those who understand what lies ahead for Michigan and believe that the economic recovery is likely to continue throughout the next couple of years should purchase rental property in the state.  Those investors who purchase a rental property now will be able to do so at a very affordable price and should be able to capitalize on property value appreciation in addition to rental rate increases.

One of the best places to capitalize on the Michigan real estate market is Ann Arbor.  The property values in the city are finally going back up and a large number of people have moved into the city.  Those investors who purchase rental property here will be able to take advantage of low vacancy rates, increasing property values, and increasing rental rates.  When looking for the best region in Ann Arbor, search throughout the market and have a good understanding of where the majority of the population is looking to reside.

Those investors who want to purchase rental property in Detroit can capitalize on the Michigan real estate market, if this city continues to increase in value.  Investors need to focus on areas of the city that are showing improvements and promise from an economical standpoint.  Since the level of business development in Detroit continues to increase, the chances of property value improvements are likely.  Those investors who purchase rental property in close vicinity to City Centre will likely be able to capitalize on high rental rates and low vacancy rates.

Investors who analyze the Michigan real estate market should be able to find an investment that enables them to profit.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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