Detroit foreclosed homes are available at discounts that the housing crisis has affected most neighborhoods widely. Other than discounts, Detroit foreclosed homes are a good investment for the following reasons:
Detroit is famous as a major automotive center of the world. Detroit is synonymous with the auto industry in the United States and a center of the musical heritage as evidenced by his city'Motor two nicknames "and" Motown ".
The city has some excellent properties before the water. In 2007, the first parts of the Detroit River Walk were established consisting of miles of fountains and parks. The new urban development aims to increase tourism in the city. CNN Money Magazine named the city of Detroit as the best area to retire 18 of 30 major metropolitan areas of the country.
Downtown Detroit is developing in the population of young professionals and develop retail.
The cultural scene is also alive in Detroit. The music was beyond Detroit's nightlife since 1940 end earning the nickname of "Motown". The main concerts take place in places such as DTE Energy Music Theatre. The Detroit Theatre District is the second largest nation and hosts Broadway shows. Most important musical events of the city of Detroit International Jazz Festival. Modern voice include Eminem, hip-hop. The city has museums like the Detroit Institute of Arts, Motown Historical Museum. Another tourist attraction is the Detroit Zoo and Anna Scripps Whitcomb Conservatory.
Detroit is one of 13 US metropolitan areas, home to professional teams representing the four major sports in North America. Detroit is also the site of many of sail boat racing events. Detroit foreclosed homes are therefore a great opportunity to be part of this action.
Detroit also has immense employment opportunities. It is home to major companies Ford-three cars, Chrysler and General Motors. Other areas of Detroit include biotechnology, nanotechnology and development of fuel cell hydrogen, and information technology.
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