Reasons That You Should Invest in Homes for Sale in Farmington Hills MI
- Author Darrick Scruggs
- Published June 10, 2011
- Word count 559
Are you a real estate investor looking for a great place where you can invest in single family homes in Southeast Michigan?
Do you want to focus on a place that holds its property value well, relative to the area, and is conveniently located near major metropolitan areas while still retaining the small town living appeal?
Consider Farmington Hills! There are many good homes for sale in Farmington Hills MI.
Centrally located close to both Detroit and Ann Arbor, Farmington Hills is an easy commute to both places. Yet with a population, according to the 2000 census figures, of just under 80,000, it retains its quaint small town charm. These amenities include a recently renovated downtown core, now full of charming boutique shops and cafes; one of the largest public parks in Oakland County, Heritage Park; and an accomplished school district.
Here are the top five (5) reasons you should invest in one of the homes for sale in Farmington Hills MI:
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Property Values are Relatively Stable: Farmington Hills is located near some of the well-to-do towns in Oakland County Michigan, which means that property values tend to be more stable. At the same time, Farmington Hills remains relatively undiscovered by investors since neighboring West Bloomfield gets more attention. The median price of homes for sale in Farmington Hills MI is less than $200K.
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Business Friendly City: Farmington Hills contains the second biggest business complex in Oakland County, second only to nearby Troy. Combined with the town’s central location and easy access to Detroit and Ann Arbor, this makes it a very convenient and attractive place for people working here in or near the area.
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Great Location: Farmington Hills is situated in an ideal location, which can’t be stressed enough. This suburb is located among other nice towns with some of the area’s best business opportunities. The commute is manageable to several top tier colleges in Detroit and Ann Arbor and jobs in both places. Throw in the fantastic public school district and amazing choice of private educational institutions, Farmington Hills is, perhaps, the best place to invest in flipping, lease option, and rental properties in all of Southeastern Michigan.
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Many Available Renters: Farmington Hills has a ready pool of potential renters for your new investment property since there are so many nearby amenities and resources. Check out the homes for sale in Farmington Hills MI and see why so many people want to live here—prospective renters, rent-to-own buyers, and people looking to buy a home outright.
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Community Pride: Farmington Hills has an active city council, and its residents take pride in their city. Downtown Farmington has been renovated recently and is now full of charming boutique shops, cafes, and restaurants. The Mayor's Youth Council is an active group of local youths partnering with groups, such as the Multi-Racial Multi-Cultural Commission (MRMC), to encourage volunteerism and ensure that Farmington Hills is a welcoming place for people of all ages and backgrounds.
There are many reasons to buy homes for sale in Farmington Hills MI, and these are just five of them. The city offers investors many opportunities to build their wealth intelligently. Whether you consider its prime location, its rich pool of potential tenants, or its civic pride; any of the wide variety of available houses for sale in Farmington Hills MI can make an ideal next investment.
For more tips and information about investing in homes for sale in Farmington Hills MI or anywhere else, you can visit HomesForSaleInFarmingtonHillsMI.com, send an e-mail to FarmingtonHillsHomes@gmail.com, or call (248) 796-8616.
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