Personally, I don't think purchasing a home anywhere in Michigan is a good long-term investment.

The state has done nothing to sufficiently diversity beyond the auto industry and another downturn will happen sooner or later [[which could be more severe than the last one, as we're repeating the same mistakes we did back in the early 2000s). That's not even to speak on the crumbling infrastructure because the state/local governments are already so cash-strapped.

And I wouldn't want to be held back with a home I can't sell if I need to suddenly up and leave the state for better opportunities.

But as far as Grosse Pointe itself in the near term, I agree with Bham1982.