5 Reasons to Invest in Homes for Sale in Farmington Hills, MI
- Author Darrick Scruggs
- Published April 25, 2011
- Word count 520
Are you a real estate investor looking for the next great town to invest? Do you want to focus on properties that hold their value well, are conveniently located near major metropolitan areas, yet retain the appeal of small town living? Farmington Hills is just such a place! Centrally located close to both Detroit and Ann Arbor, it's an easy commute from all these two major cities have to offer. Yet with a population as of the 2000 census of just under 80,000, it retains its small town charm and amenities. 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 a fantastic school district.
Here are the top five (5) reasons you should invest in one of the homes for sale in Farmington Hills, Michigan:
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Stable Property Values: Being located among some of the wealthiest towns in Southeastern Michigan means that property values stay consistent. At the same time, Farmington Hills remains relatively undiscovered by investors. This means the median price of homes for sale in Farmington Hills, MI is less than $200K.
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Business Friendly Environment: Farmington Hills is home to the second largest business campus in the county, second only to nearby Troy. Combined with the town’s central location and easy access to Detroit and Ann Arbor make it a very attractive place for newcomers to the area.
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Location, Location, Location: This can't be stressed enough; Farmington Hills is situated in an ideal location. This suburb is nestled among other nice towns with some of the best business opportunities in the area. It offers an easy commute from several top tier colleges in Detroit and Ann Arbor, as well as the available job pools in these cities. Add 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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Rich Renter Pool: With all of these amenities and resources so near, Farmington Hills has a ready pool of potential renters for your new investment property. 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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Civic Pride: With a very active city council consisting of a Mayor and 6 council members, Farmington Hills residents take pride in their city. The downtown core area has been recently renovated and is now full of charming boutique shops, cafes and restaurants. The Mayor's Youth Council is a very active group of local youth who work together 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.
These are just 5 of the many reasons to make your next real estate investment in Farmington Hills. Whether it's the prime location, rich pool of potential tenants, or civic pride; any of the available homes for sale in Farmington Hills, MI would make an ideal next investment.
For more information, you can visit http://www.HomesForSaleInFarmingtonHillsMI.com, send an e-mail to FarmingtonHillsHomes@gmail.com, or call (248) 796-8616.
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