Despite the current economic times, the American Dream is still a reality and Still Alive!

Fact:
More millionaires and billionaires will be created as a result of this Real Estate market than at any other time in the HISTORY of the United States.

The question is, will you be one of them? The Detroit market in particular presents the savvy investor an incredibly unique and lucrative opportunity in which to thrive in today's economy.

Click Here to speak with one of our highly successful investors on the ground in Detroit.

Michigan Foreclosures

In 2008 nearly 56,000 bank repossessions were reported in Michigan, according to statistics reported by a foreclosure tracking website. The first three months of 2009 showed that one in every 136 Michigan homes were foreclosed, a much higher rate than for the same period a year ago, but slightly better that they last quarter for 2008. Some analysts are predicting the number of foreclosures in that state will begin leveling out by the end of 2009.

What this tells us that the time to invest in Michigan foreclosed real estate is now. While housing prices in Detroit continue on a downward slide, there is evidence the declines are beginning to slow, but the homes are still losing value. Currently, housing prices in Detroit remain below the levels reported in January 2000.

The declining home values will lead to more people owing more on their homes than they are worth, which will lead to more foreclosures in the Detroit area, which, in turn, will put more pressure on banks to gets these homes off their books.

Bargains for investors will continue to be available, but savvy investors are taking advantage of the lowered market now for a maximized return on their investment dollars.

Buyhomesdetroit.com has foreclosed properties available not only in Detroit, but in the fashionable suburbs as well. For example, one foreclosed home in Grosse Pointe is going for half its one-time value of $1.3 million. Similar bargains can be found in Bloomfield Hills, Pinckney and Chesterfield.

Don't miss this lucrative opportunity to for the maximum return on your property investment in Detroit.

Contact buyhomesdetroit.com now!