Originally Posted by
Bham1982
I assume you have real estate in the area, and I can understand you want to protect your property values. But that area is generally not on the radar for homeownership these days, for the usual obvious reasons [[bad schools, middle class flight, abandoned buildings, disinvestment, limited retail, safety, etc.).
Property values are rising for the same reason that property values are rising everywhere- the local economy is strong. When the economy booms, property values rise everywhere, whether the ghettos of Highland Park or the estates in Bloomfield. When the economy crashes, property values drop everywhere.