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Detroit’s Real Estate Revival: A Top Investment Opportunity for 2025 Detroit’s housing market is gaining momentum in 2025, making it one of the most promising destinations for property investors in the United States. With rising home values, increased buyer activity, and large-scale revitalization projects, the city is undergoing a significant transformation. Detroit’s comeback story is being written in bricks and beams, and the outlook for the housing and rental markets reflects growing confidence and opportunity. Home Prices Trending Upward As highlighted in the latest housing forecast from WhatsMyCashflow, multiple industry leaders—including Zillow, Redfin, and Realtor.com—predict that Detroit’s home prices will continue to rise in 2025. These projections point to year-over-year growth between 3% and 6% depending on the source. This upward trend is fueled by a combination of increasing demand, a limited supply of homes, and growing interest from out-of-state investors. This sustained appreciation in home prices makes Detroit an ideal market for property investors looking to build equity over time. The affordability of Detroit real estate relative to other U.S. cities also means that entry costs are lower, yet the potential for gains remains strong. Rental Market Strength and High Demand Detroit’s rental market is equally robust, offering excellent opportunities for landlords and buy-to-let investors. The city continues to attract tenants due to its relatively low cost of living, improving amenities, and expanding employment opportunities. Vacancy rates have remained stable, and average rental rates are on the rise, especially in neighborhoods seeing redevelopment and infrastructure improvements. For property investors, the appeal lies in both cash flow and appreciation. Detroit offers some of the highest rental yields in the country, thanks to the city’s relatively low property acquisition costs and increasing rental demand. This makes it feasible to generate positive monthly income while also enjoying long-term property value appreciation. New Developments and Revitalization Projects Beyond the numbers, what makes Detroit especially attractive in 2025 is the level of investment going into rebuilding the city. Major development projects are reshaping Detroit’s landscape and breathing new life into historic neighborhoods. For example, the $73 million redevelopment of the Villages of Parkside is set to deliver over 200 new mixed-income housing units, with more phases to follow. The Hudson’s Site project downtown—featuring a new skyscraper with residential, office, and retail components—is poised to become a new landmark and further elevate property values in the central business district. In addition, community-driven projects such as La Joya Gardens in Southwest Detroit and the transformation of the Higginbotham School into art-focused residences underscore the city’s commitment to creating inclusive, sustainable living spaces. These developments are attracting both residents and real estate investors who are eager to participate in Detroit’s long-term growth. Economic Indicators Supporting Growth Detroit’s strengthening economy adds further momentum to the housing market. Anchored by industries such as automotive, healthcare, logistics, and tech startups, Detroit has diversified beyond its traditional roots. The job market is rebounding, and large employers are continuing to invest in the city’s workforce and infrastructure. Additionally, programs like the Detroit Housing for the Future Fund and other public-private partnerships are stimulating new housing construction, promoting affordability, and supporting the city’s population growth. These efforts are directly linked to improving housing availability and stabilizing rental prices—factors that positively impact investors, tenants, and homeowners alike. Best Neighborhoods for Investment Detroit’s vast geography means that market conditions can vary by neighborhood. Some of the top areas for property investment in 2025 include: Bagley – Known for its historic homes and proximity to the University District. East English Village – A strong community with attractive single-family homes. Midtown – Continues to be a cultural and commercial hub with strong rental demand. Southwest Detroit – Booming with new housing developments and community investment. Each of these neighborhoods offers its own mix of affordability, appreciation potential, and tenant demand. Investors can align their strategies based on whether they are targeting long-term rentals, short-term appreciation, or renovation opportunities. Why Now is the Time to Invest Detroit is no longer just a comeback story—it’s a real estate success in the making. The city’s current momentum presents a unique window for investors to enter the market before prices rise further. With a clear upward trajectory in home values, high rental yields, and significant public and private investment, the outlook is very positive for both short-term gains and long-term wealth building. For investors looking for a market with strong fundamentals, affordable entry points, and real potential for appreciation and cash flow, Detroit stands out as a top-tier option in 2025. Conclusion The Detroit housing market is experiencing a revival—backed by data, development, and demand. Rising home prices, a booming rental sector, and strategic investment initiatives all make Detroit a hotspot for real estate investors this year. Whether you’re considering a single-family rental, a renovation project, or multifamily housing, Detroit’s diverse property landscape offers something for every investor. With the right strategy and timing, Detroit in 2025 offers an excellent opportunity to grow your portfolio and participate in one of America’s most dynamic urban turnarounds.

Overview of the Detroit Housing Market The Detroit housing market in 2024 is characterized by rapid growth, affordability, and evolving demand, making it one of the best places to invest in Real Estate in the US. Home prices continue to rise, though at a more moderate pace than in previous years. Despite this growth, Detroit remains one of the most affordable major cities in the United States. The city’s affordability has attracted both first-time homebuyers and real estate investors, contributing to steady demand. Neighborhoods such as Corktown, Indian Village, and the University District have seen higher-than-average price increases due to their desirable locations and ongoing revitalization efforts. In Corktown, the median home price is around $250,000, reflecting a 5% year-over-year increase. Indian Village, known for its historic homes, has a median price of approximately $220,000, up 4% from last year.   Inventory Levels Detroit faces a persistent inventory shortage, with active listings currently hovering around 3,200 homes. This limited inventory contributes to competitive market conditions, where well-priced homes often receive multiple offers. Homes priced under $100,000 are in short supply, and those that do come on the market tend to sell quickly. This scarcity has created opportunities for investors looking to purchase properties for renovation or rental income.   Days on Market Homes in Detroit are selling faster than they were a year ago, reflecting high buyer interest and limited supply. The average number of days a property stays on the market (DOM) has dropped to about 28 days, down from 35 days the previous year. This rapid pace of sales indicates a competitive environment where well-priced homes are quickly snapped up.   Median Home Prices As of September 2024, the median home price in Detroit is approximately $95,000, reflecting a 4% increase from the previous year’s average. Neighborhoods like Midtown and West Village are experiencing even faster sales, with homes often selling within 20 days of listing. Buyers are acting quickly to secure properties, frequently offering above the asking price to beat out other potential buyers. This speed reflects the urgency among buyers to capitalize on Detroit’s relative affordability and growth potential.   Neighborhood Analysis Detroit is a city of diverse neighborhoods, each with unique characteristics, price points, and market dynamics. Understanding these differences is essential for homebuyers, sellers, and investors navigating the Detroit housing market. The two main areas for investment are on the east and the west of the city. Investors looking for low price property in decent up and coming areas that can be easily rented and produce a strong cash flow have been focusing on the below neighbourhoods on each side of the city: East East english village Morning Side Grose Point Chandler park Yorkshire woods Regent park in Harper woods West Grandale Belmont Warrendale Rosedale park Bagley The university district Boston edison Dearborn   Detroit Rental Market Overview The rental market in Detroit is also experiencing significant shifts, driven by rising home prices, economic factors, and changing buyer dynamics. As more people move to the city or choose to rent rather than buy, demand for rental properties has increased, creating opportunities for landlords and investors.   Average Rent Prices The average rent for a house in Detroit is currently around $1,250 per month for 1-bedroom single family homes and $1,600 for 2-bedroom single family homes would rent for $950 – $1,000 per month. 3-bedroom single family home would rent for between $1,300 – $1,600 per month. Rent prices vary significantly depending on the neighbourhood, property type, and amenities.   Vacancy Rates Detroit’s rental market shows low vacancy rates, reflecting strong demand and limited supply. The current rental vacancy rate stands at approximately 6%, down slightly from the previous year.   Factors Influencing the Detroit Housing Market Several key factors are currently shaping Detroit’s housing market, and they are expected to continue influencing the market’s direction through 2025. These factors include economic conditions, population growth, interest rates, and trends in new construction, all of which contribute to the overall dynamics of the market.

In the heart of Detroit, a transformative vision is taking shape with the District Detroit development project. With a staggering budget of $1.5 billion, this ambitious endeavor spearheaded by The Related Cos. and Olympia Development of Michigan promises to reshape the cityscape, breathing new life into its urban core. While facing some delays, recent adjustments in the construction plan reflect a strategic reimagining, aligning with market demand and regulatory timelines to ensure a vibrant and sustainable future for Detroit. A Vision of Progress: At the heart of the District Detroit development lies a commitment to progress and revitalization. While the original construction timeline experienced delays, the recent resequencing signals a renewed focus on bringing transformative projects to fruition. Among the highlights are the plans for an 18-story residential tower at 2205 Cass, offering modern living spaces alongside vibrant retail offerings, creating a dynamic urban ecosystem that fosters community engagement and economic growth. Responding to Market Dynamics: District Detroit’s evolution is not just about construction timelines but also about responding to market dynamics and community needs. Recognizing the demand for hospitality and residential offerings, developers have prioritized the construction of hotels and residential buildings. The addition of a new 290-room hotel next to Little Caesars Arena and a residential tower near Comerica Park underscores the commitment to creating a diverse and inclusive urban environment that caters to residents and visitors alike. Navigating Regulatory Landscapes: Navigating regulatory landscapes is integral to the success of any urban development project, and District Detroit is no exception. With regulatory deadlines looming, developers are steadfast in their commitment to meeting obligations while ensuring the project’s long-term viability. The strategic adjustments in the construction plan demonstrate a proactive approach to compliance, ensuring that the project continues to garner support and enthusiasm from stakeholders and the broader community. Community Engagement and Opportunity: Central to the District Detroit vision is a commitment to community engagement and inclusivity. The forthcoming University of Michigan Center for Innovation (UMCI) represents a beacon of opportunity, driving demand for modern living spaces tailored to students and professionals alike. Moreover, initiatives such as the rehabilitation of old apartment buildings underscore a commitment to addressing diverse housing needs and fostering a sense of belonging within the community. Conclusion: As construction plans for District Detroit continue to evolve, the project stands as a testament to the resilience and adaptability of Detroit’s urban landscape. Through strategic resequencing and a commitment to market responsiveness, developers are poised to unlock the full potential of this transformative endeavor. District Detroit represents more than just bricks and mortar; it symbolizes a beacon of hope, opportunity, and growth for the city, ushering in a new era of prosperity and vitality for generations to come. If you would like information on our Detroit properties please email invest@globalinvestmentsincorporated.com

Detroit has changed drastically in the last 10 years to become one of the best cosmopolitan cities in the US, the skyline of Detroit, once a symbol of industrial might, is now full of modern innovation and urban revival. In downtown you see new modern glass and steel skyscrapers, designer brand and international fashion houses, award winning restaurants, sleek sleek office complexes. 10 years ago the sidewalks were quiet and people were reluctant to walk the streets, today you’ll see the signs of change. Sidewalks are full of excitement, leading to the newest additions to Detroit’s architectural tapestry. The buzz of conversation about these developments fills local coffee shops and street corners with pride. So you would think they have done enough to revitalise Detroit, you are wrong they haven’t even started, now we look a the huge new developments that are planned for 2024 & 2025 Hudson’s Site Detroit’s Hudson’s site is one of the most anticipated developments of 2024. One of the development’s two buildings was projected to be the tallest structure in Detroit at 800 feet, then at 900 feet with an observation deck, before it was brought down to 684 feet. Although its height will be second to the Renaissance Center’s, this doesn’t impair the elegance of the structure’s glass facade nor negate the availability of 1.5 million square feet of office, retail, hotel, and residential space, which contains 97 luxury condos. Hart Plaza At the center of Hart Plaza’s $9 million renovation — funded by President Joe Biden’s American Rescue Plan Act — is the restoration of the 1981 Horace E. Dodge and Son Memorial Fountain. The plaza’s restoration also includes repairing the amphitheater’s seats. Other technical aspects of the plaza will also be addressed, such as updating the fire alarm systems and replacing plumbing. Gordie Howe International Bridge The construction of what will be the longest cable-stayed bridge span in North America has been going on since 2018, and the end is near. The project was conceived to improve travel efficiency at the Windsor-Detroit Gateway (the Detroit-Windsor Tunnel and the Ambassador Bridge), the busiest commercial land border between the U.S. and Canada Michigan’s First RH Gallery Downtown Birmingham will be home to Michigan’s first full-service RH (formerly known as Restoration Hardware) gallery. The first three levels of the mammoth four-story building will serve as a showroom to display lighting, furniture, and textiles, while a restaurant is planned for the fourth level. Ford’s Michigan Central Station One of the most dramatic rehab jobs in the nation, the formerly abandoned Michigan Central Station off Michigan Avenue in Corktown, will reopen next year as new office, events and community space — and possibly later add a hotel. Joe Louis Arena site apartments, hotel A 25-story glass tower has been built where the old arena stood, and is expected to open in February. Known as The Residences at Water Square, the building contains 496 luxury apartments and went up fast by recent Detroit standards, taking roughly two years from start to finish. Co-Op grocery A new full-service grocery store is coming to 8324 Woodward in the North End. The two-story, 31,000-square-foot Detroit Food Commons building will contain the Detroit People’s Food Co-Op, a cooperatively owned grocery that will be open to the public. The building also will have community spaces and an incubator kitchen for food entrepreneurs. AC Hotel Construction is underway of a new 10-story, 154-room Marriott International AC Hotel. The project includes the restoration of the 120-year-old Bonstelle Theatre — situated next door to the hotel — as future special events space. Both buildings could be finished in September. United Artists Theater building Redevelopment of the 18-story United Artists Theater Building, 150 Bagley St., into a 148-unit, mixed-income residential building called the Residences @ 150 Bagley has been underway since early 2022 and on pace for a possible summer opening. Big New Center development Several segments of a $3 billion collaborative development in Detroit’s New Center area involving Henry Ford Health, the Detroit Pistons organization and Michigan State University are to get underway in 2024. The biggest is a 1.1-million-square-foot expansion to Henry Ford Hospital. It includes a new 21-story hospital tower along West Grand Boulevard and allows for the conversion of all the hospital’s patient rooms — an 877 bed count — into private rooms. Construction could begin in early 2024 for a 2029 completion. District Detroit + UMCI Construction could be in full swing next year on two big separate yet related developments: the $1.5 billion District Detroit and $250 million University of Michigan Center for Innovation, or UMCI. Detroit is turning into an incredible City and we are proud to be part of the journey over the last 12 years, its great to see the City returning to its former glory.

10 years after Detroit bankruptcy properties are seeing development again The Residence at Water Square A new skyscraper apartment building, renovated parking garages and a more walkable riverfront space are among the active projects on properties Detroit ceded to creditors in the settlement of the city’s bankruptcy. The city settled more than $1.4 billion in troubled pension debts with New York-based Financial Guaranty Insurance Co. (FGIC) and Bermuda bond insurer Syncora Guarantee Inc. The process resulted in FGIC gaining control of the redevelopment of the former Joe Louis Arena site on prime riverfront real estate, while Syncora also received development rights to riverfront properties and lucrative leases like for the Windsor-Detroit Tunnel. Local developers, however, have since brought the properties under their control. Now that they have, construction has risen, beautification and site preparation are underway and some sites have reopened to the public. The development at the Joe Louis (Arena) site may have taken longer than expected, but is a very beneficial outcome and looks like a positive outcome in the long-term. Joe Louis Arena site The city-funded demolition completed in 2020 of Joe Louis Arena, the home of the NHL’s Detroit Red Wings franchise until July 2017, when the team moved to Little Caesars Arena, is perhaps the most significant change to emerge from Detroit’s bankruptcy land deals. An affiliate of Detroit developer Sterling Group acquired option rights to the property from FGIC in a $14 million deal in 2019, buying the site of the former arena and its nearby parking garage. A hotel originally had been planned for the arena site, though a lawsuit from FGIC against the city in 2018 suggests those plans might have changed based on the city’s preferences as the downtown real estate market shifted. Sterling Group is now completing construction on a 25-story, 496-unit glassy apartment building it calls The Residence at Water Square, which features floor-to-ceiling windows and rooftop lounges that overlook downtown, the Detroit River and Windsor, Ontario. Applications for leasing the studio, one-bedroom and two-bedroom penthouse suites opened last month, with move-ins expected to begin in February, two years after site preparation work began. Danny Samson, Sterling Group’s chief development officer, likened the development to those seen in major real-estate markets like Chicago and New York, saying Detroit is now ready for an apartment complex like this one that can offer a walkable, upscale lifestyle. “It’s indicative of what is happening in the city of Detroit,” Samson said. “We have overcome challenging times and now are onto a brighter future with every opportunity today and for tomorrow.” The site itself has been dubbed Water Square, and there will be a walkable, interactive space around the building in future phases, Samson said, with more details to come. Sterling Group has been in talks with the Detroit Regional Convention Facility Authority board about building a 600- to 800-room hotel that would be connected to Huntington Place. The two entities entered an agreement in January, and property has been deeded to the city for the expansion, Bruce Goldman, the city’s chief assistant corporation counsel, said in an email. The riverfront convention centre sits within a short walking distance of the Residences at Water Square. Residents of the apartment complex won’t have their own parking, though valet service will be available. In early 2021, Grosse Pointe-based Foster Financial Co. purchased the eight-story Joe Louis Parking Garage at 900 W. Jefferson Ave. from Sterling Group to offer parking for tenants of the commercial building it owns at 211 W. Fort St. and for the public. “There is major demand in downtown Detroit, regardless of whether people are working from home,” said Brad Foster, president of Foster Financial. “There is a deficit of parking spaces.” The garage reopened in March 2022 after $10 million in renovations of the first five floors involving concrete work, waterproofing, new lighting and new security measures. Another $14 million in work is expected to be completed in the next year on the top three floors. Developments such as The Residence at Water Square ( just one example ) solidifies the increase and positive future for Detroit. Business, professional services, electronics, software and IT services and of course construction and real estate and financial services are showing great promise in the city. Global Investments are also seeing a growing re-interest in the Detroit buy to let investment market. If you are ready to invest in the Detroit housing market, or wish for a call and more information on the latest properties Global Investments can offer then please email us today at : invest@globalinvestmentsincorporated.

Investing in the Detroit housing market has been a source of contention for investors for a long time. When considering whether or not to add properties in the Motor City to your portfolio, keep these three current trends in mind. The city of Detroit is one of the most populous in the Midwest. It also serves as the county seat for Wayne County. When it comes to residential in Detroit, home prices are exceptionally low. Detroit is the most affordable city. The rentals can generate extremely high returns on investment. Since the purchase price of a Detroit single-family home is significantly less, it presents a fantastic opportunity with significant returns and cash flow. It is also the fastest-growing city in the metro for rent. The Detroit housing market has seen a lot of fluctuations in the past few years. The city has been slowly but steadily recovering from the Great Recession, which hit the area particularly hard. In this blog post, we will take a look at the current state of the Detroit housing market, based on the most recent data available. We will analyse key metrics such as home prices, days on the market, and buyer/seller competition to provide insights into what to expect in 2023. Median Sale Price Data by Redfin show that the median sale price for all home types in Detroit in January 2023 was $76K, up 1.1% compared to the previous year. This modest increase is a positive sign for the city’s housing market, indicating that demand for homes is stable. Overall, Detroit’s housing market seems to be recovering but it is still far from pre-recession levels. Buyer/Seller Competition The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive. Based on this metric, Detroit’s housing market is somewhat competitive, with a score of 63. This means that while homes in Detroit receive 3 offers on average, some homes still get multiple offers, making the market somewhat competitive. Detroit, MI Housing Market The following housing market trends are based on single-family, condo, and townhome properties listed for sale on Realtor.com. Land, multi-unit, and other property types are excluded. Detroit, Michigan has had its fair share of ups and downs, but when it comes to the housing market, things are definitely looking up. According to the latest report, the median listing home price in Detroit was $79.5K in February 2023, up 6% year-over-year. In addition, the median listing home price per square foot was $69. While the median home price may seem low compared to other major cities in the United States, it’s important to remember that Detroit is still in the midst of a renaissance. With companies like Amazon and Google setting up shop in the city, and a growing tech industry, it’s no surprise that housing prices are on the rise. Despite the increase in prices, Detroit has still considered a buyer’s market as the supply of homes is greater than the demand for homes. With 180 neighbourhoods in Detroit, there’s a wide range of options available for buyers. While Detroit may be a buyer’s market, that doesn’t mean that sellers won’t be able to sell their homes for a fair price. With housing prices on the rise, sellers may be able to get more for their home than they would have a few years ago. Location matters. As with any housing market, location matters in Detroit. Those looking for a high-end home in a prestigious neighbourhood should expect to pay more, while those looking for an affordable option may need to look in less expensive neighbourhood’s. The rental market is also on the rise. With the influx of new businesses and industries in Detroit, the rental market is also experiencing growth. This could be a great opportunity for investors looking to purchase rental properties. Overall, the Detroit housing market is showing promising signs of growth. Whether you’re a buyer, seller, or investor, there are opportunities to be found in this city. With the right research and guidance, anyone can navigate the Detroit housing market successfully. According to Neigborhoodscout, over the last decade, Detroit real estate has appreciated 89.70 percent, which equates to an average annual appreciation rate of 6.61 percent, placing Detroit in the top 30% of all cities for real estate appreciation. In the last twelve months, Detroit’s appreciation rates have remained among the highest in the country, at 20.95 percent. Short-term real estate investors have found success in Detroit over the last twelve months. Detroit’s appreciation rates were 0.87 percent in the most recent quarter, equating to a 3.53 percent annual appreciation rate. Detroit Real Estate Investment Overview Detroit, Michigan is a city with a rich history, known for its role in the automobile industry and its contributions to music, art, and culture. In recent years, Detroit’s real estate market has been on the upswing, making it an attractive destination for real estate investors looking for long-term returns. Investing in the Detroit rental market offers several advantages for long-term investors. One advantage is the potential for long-term appreciation in property values. As the city continues to grow and improve, property values are expected to increase, leading to a significant return on investment for those who invest in rental properties now. Another advantage of investing in the Detroit rental market is the relatively low cost of entry compared to other markets. With lower prices for rental properties, investors can purchase properties at a lower cost, increasing their potential return on investment. Additionally, the high demand for rental properties in Detroit offers the potential for a consistent stream of rental income. As more people move to the city and job opportunities continue to grow, the demand for rental properties is likely to increase, providing a steady source of income for investors. Buying or selling real estate, for a majority of investors, is one of the most important decisions they will make. Choosing a real estate professional continues to be a