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Home Prices in Detroit are growing faster than...Miami?!

Home Prices in Detroit are now growing faster than Miami according to CNBC. How is that possible?

Access Housing Data on Reventure App: https://www.reventure.app

Because Detroit's Housing Market is plagued with tremendous outbound migration. Lots of people leave Detroit every where. However, despite this exodus, home values continue to go up because of the area's affordability.

Meanwhile, Miami has become very expensive, meaning that even though people are moving in, the locals are now priced out, which is going to inevitably leader to slower growth in the future.
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Видео Home Prices in Detroit are growing faster than...Miami?! канала Reventure Consulting
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13 февраля 2024 г. 2:00:30
00:00:52
Яндекс.Метрика