Detroit Michigan foreclosures

Detroit real estate update

There are 3362 Detroit foreclosures for sale right now.  780 Detroit homes that areshort sales and 20 Detroit Corporate relocation homes for sale.

Detroit home values have fallen dramatically.  It is not unusual for Detroit brick bungalows that once sold for $90,000 to now sell for less that $10,000.  Many metro Detroit home owners have lost tremendous equity in their homes.  Detroit homes are a bargain for many investors and landlords.

There are actually 1968 Detroit foreclosures that are priced under $10,000.  There are 853 Detroit foreclosures that are priced between $10,000 and $20,000.

What kind of homes can you get that kind of money you want to know?  Some are in good neighborhoods, some are basically sound houses.  Some need work and updating.  Some of these Detroit Homes are in rough neighborhoods.  Like all homes you need to see them and look at the area.

To Search for Detroit homes for sale go to my website Wayne County MI real estate


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Posted in Foreclosures, investment properties, landlord

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The data relating to real estate for sale on this website comes in part from the IDX program of Realcomp. Real estate listings held by brokerage firms other than Real Estate One are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Real Estate One shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.