Search:

No absolutely not. The ones who buy starter homes in bad areas for like $10K-$40K and fix them up and then revitalize neighborhoods to make them good again and then sell the homes for $90K to...

Hello everyone,

I am planning to purchase a house in May 2013. You may recognize me from the thread I started almost 1 year ago asking if home prices would go up in the next 2-3 years in Metro...

Who is that someone you are referring to? Is that yourself or me?

When you say someone who believes [[almost certainly incorrectly) that the FED's policy is going to trigger high inflation, are you...

Case Shiller according to many replies is supposed to be the most reliable source for home prices.

Well the month over month for the Detroit area is a bit frightening. If it was year over year, it...

The FED is printing more money with QE3: http://www.cnbc.com/id/49018964

Is this something I need to be concerned with and could this cause home prices to rise really fast in the next year?
...

Are you talking Metro Detroit area? I only ask because of your username which leads me to believe you are in Cincinnati? Or were you just originally from there and moved here?

And are these empty...

I will manage my money how I want. I hate debt period. No ifs and or buts about it. I wnat to own my home free and clear right when I move into it. Also mutual funds can be very dangerous. The stock...

Certainly reaidng the article in the Detroit FreePress and News where there are statements of 25% increase makes me shake a bit.

Although how accurate is RealComp? Is the data in these...

I just watched the video online. It seems she was only looking in Farmington Hill? What time frame did this take place. Was it recent and this year in 2012?

Thank god I was not borne and raised on the Phoenix Metro area because the worst nightmare is already happening over there. Just look at the thread in the Phoenix section of the City Data forum...

What communities would you in your opinion qualify as dangerous Are most neighborhoods in inner city of Detroit dangerous? I have heard that there are some ok neighborhood sin the city of Detroit,...

I am not planning on getting married or ever having kids. I am not really concerned about the school district at all as long as the area is reasonably safe and meets the requirements I listed.
...

My list is just areas I am interested in. My price range is just a general guideline. If I can find something nice for far under $100K, great. I suppose just a maximum price would be better and I do...

Thank you so much for that info. I certainly did look at Case Shiller and take comfort in that Detroit is actually down month over month in the most recent data. It was only up barely like 1.2% or...

How honest are all realtors regarding home prices. Especially on Trulia. I asked a question about this and 2 responses say that my worst fears may becoming true.
...

Exactly. We did have a housing bubble here in the Metro Detroit area IMHO And you know what, so did the whole United States for the most part. The fact that starter homes in so many areas could not...

Well, I hope unemployment rate drops rapidly too as long as home prices do not go up. Flat home prices at today's level with 5% or lower unemployment in this area = EXCELLENCE and the way it ought to...

I have been thinking that as well, but one thing that does concern me is it seems as if the unemployment rate is dropping in Michigan much much faster than the national average. Does that mean jobs...

Now another question even though it probably has little relevance on where pries are going to go. Someone correct me if I am wrong, but I believe the Case Shiller Index is based on the values of...

Well, I certainly do not want them to go up between now and when I am ready to buy. Even though it will only be a couple of years most likely before I buy, I still do not desire rising home prices....

I am intending to pay cash for the house, so I am not worried about closing costs and plan to have plenty of money left over when I am done.

Your honest opinion is one I hope comes true as I want...

And also, would it have been possible to buy good starter home say 900-1100 SQ FT with a garage in move in or close to move in condition in an ok/decent neighborhood back in the year 2000-2001 in...

You do not think we ever had much of a bubble. How come home prices even if they have recovered somewhat are still so much lower than they were in 2004-2005 and even in 2000.

And also, would it...

I have done some more research on the Metro Detroit housing market and I have a few more questions.

Did the housing bubble in Metro Detroit begin much earlier than it did in most other areas? The...

When you say they have gone up in price on the Woodward corridor of Oakland county, has it been a significant increase, or just a little bit of an increase? And is the Woodward corridor of Oakland...