Detroit Ranked Worst Real Estate Market In 2018

 

 

 

 

 

From: CBS Detroit

Detroit has been ranked as the worst real estate market in the nation in a new WalletHub study.

With home values rising by an average of more than $16,000 in the first quarter of 2018 but affordability dropping as mortgage rates get higher, the personal-finance website WalletHub released its report on 2018’s Best Real-Estate Markets.

To determine the most attractive real-estate markets in the U.S., WalletHub compared 300 cities across 22 key metrics. The data set ranges from median home-price appreciation to home sales turnover rate to job growth.

Detroit ranked 300th overall and 63rd among large cities. Here’s a look at how the city fared

 

Read More: Here

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

We Buy Detroit Houses!

We aim to assist all homeowners no matter their situation. Start by filling out the form below and tell us more about your property problems. Remember, we buy houses in Detroit and pay in cash!
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *