Michigan cities make rank in best/worst cities for real estate in U.S.

Posted at 1:37 PM, Feb 10, 2017
and last updated 2017-02-10 14:40:19-05

It is said that business is all about location, especially in the real estate world. And even in the same state, cities can be vastly different.

WalletHub compared 150 of the largest U.S. cities with 14 key indicators of a healthy real-estate environment. Their data set ranges from “sales per agent,” to “housing-market health index.”

And as for location, that can say a lot. Grand Rapids ranked at 22, while Detroit sat towards the bottom coming in at 145.

In the 14 key indicators, Detroit ranked at the bottom with lowest median home price and lowest home turnover rate.

To learn more about WalletHub’s findings, read their full analysis here.