The latest S&P/Case-Shiller Home Price Index has been released, and Detroit real estate investing performance is stunning. The Case-Shiller Home Price Index is the industry's gold standard for tracking changes in the value of residential real estate nationally and in 20 metropolitan regions, including Detroit.
Our clients, from over 20 countries worldwide, attest to our proven track record of providing real, profitable, and sustainable real estate based investment. This year's Case-Shiller Home Price Index is another confirmation that:
- At 7.2% yer-over-year return, Detroit continues to be a leader in real estate returns, surpassing several other markets, including Atlanta, Miami, and Los Angeles.
- The five-year and three-year average returns are an amazing 48.2% and 16.2%.
- The Detroit real estate market has been steadily increasing for over 6 years, and continues to be on a positive trajectory.
We continue to believe that now is the time to invest in Detroit real estate. These numbers do not surprise us as major development projects continue to spring up all over the city. Neighborhoods like Midtown, Corktown, and Downtown are also witnessing population increases. Business growth fuels property demand and a profitable, sustainable real estate investment market. Detroit real estate investing is the way to go in 2018 and beyond!