September 21, 2023


For splendid leisure

RE/MAX Lists Top Places for First-time Home Buyers in Metro Detroit

3 min read
A U-Haul rental van sits parked in the driveway of a home which is about to close on the sale in the Detroit suburb of Rochester, Michigan.
RE/MAX of Southeastern Michigan executed a research to ascertain the finest communities in the space for first-time household prospective buyers. // Inventory Photo

RE/MAX of Southeastern Michigan has introduced a new survey of its brokers and brokers, paired with analyzed facts furnished by the nearby Numerous Listing Company, to ascertain what communities in metro Detroit are ideal suited for very first-time buyers in today’s competitive current market.

Variables deemed consist of affordability, community features, and area. The next metro Detroit communities are the results, rated from minimum to most highly-priced.

  1. Hazel Park – current median house sale price: $144,000“Hazel Park is an affordable small city that provides a sense of community well-liked amid younger dwelling consumers,” suggests Chelsea Thomas of RE/MAX Nexus. “Popular local dining places, flower golf equipment, house owner beautification awards, animal shelter and quick access to I-75 and 696 make Hazel Park a town that appeals to first-time purchasers.”
  2. Madison Heights – recent median dwelling sale value: $207,950“The numerous parks and doggy parks accessible in these metropolitan areas are a massive attractand residences in this article have a tendency to give smaller sized, very low maintenance and pet-friendly yards that are uncomplicated to regulate for first-time potential buyers,” says Ron Rocz of RE/MAX Nexus. “The close proximity to local dining places, bars and espresso retailers and the lots of street fairs in these and neighboring towns are attractive to initial-time buyers.”
  3. St. Clair Shores – present-day median house sale selling price: $214,000“Good educational institutions, lots of parks, nice waterfront dining along the nautical mile on Jefferson Ave. along with fair taxes, tends to make St. Clair Shores a preferred option for initially-time consumers hunting in Macomb County. St. Clair Shores also has easy entry to I-696, I-94 and 8 Mile Highway can be a route east to west to stay away from heavy freeway website traffic, generating its proximity to get across town or downtown a sought-just after function,” claims Rob Scalici of RE/MAX Metropolitan.
  4. Waterford Township – existing median residence sale price: $237,000“Boasting 34 unique lakes, parks and other sights, Waterford is a excellent area for quite a few initial-time dwelling prospective buyers,” claims Scott Rutterbush of RE/MAX Encore. “Several neighborhoods have personal lake accessibility or neighborhood beaches to enjoy the drinking water, and many parks offer you bike trails and playgrounds for kids. There are entertainment options along with family members dining establishments and breweries.”
  5. Livonia – current median household sale cost: $268,700“Livonia is a perennial favourite for first-time potential buyers owing to its inexpensive tax price, wonderful faculty system and considerable supply of households,” says Robby Rech of RE/MAX Desire Houses. “Livonia also has a wonderful group middle, several sporting leagues and numerous parks. On prime of this, Livonia offers a locale with easy entry to I-96, I-275 and I-696 and the capability to get to Detroit or Ann Arbor swiftly.”
  6. Belleville – latest median dwelling sale price: $350,000“Belleville is modest-city living the place men and women know their neighbors houses have diverse designs and sizes and walking length to town,” claims Cindy Mancina of RE/MAX Nexus. “Belleville offers Belleville Lake, a incredibly significant public lake in the coronary heart of city. Belleville is 10 minutes from Metro Airport and 20 to downtown Detroit making it possible for easy and brief travel to these well known places.”

“There are lots of fantastic metropolitan areas to select from through metro Detroit when searching for a property,” says Jeanette Schneider, president of RE/MAX of Southeastern Michigan in Troy. “We locate that primarily for initial-time purchasers owning shut proximity to parks, community restaurants, and local community gatherings is significant to them, along with quick entry to freeways to lower commute time to get the job done or leisure things to do.

“Buyers will go on to obtain the market competitive, but as a complete, consumers are far more measured in their offers this year and willing to be affected individual in hunting to discover the proper property.” | Newsphere by AF themes.