Some people might wonder if buying a home is a smart plan. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that with the burst of the housing bubble, credit crisis, and millions of foreclosures across the country, the important message to take away from these events is not that buying a home is a bad idea, but that you must be smart about buying your home. The housing market, like every type of market, has its ups and downs but that doesn’t mean buying a home is a bad investment. As a long-term investment, homeownership is still one of the best investments for individual households. Historically, real estate has consistently increased in value, despite shorter periods of depreciation due to local markets and/or national economic conditions. The data shows that homes generally appreciate about 5% per year. Check out below to see what sold in Northville Hills Golf Club in September 2017:
46308 Pinehurst Drive, Northville: 4 bedrooms, 2.1 bathrooms, 3,682 sq. feet, 3 car garage, Sold Price: $612,000
Northville Hills Golf Club Home Sold
September 2017
15975 Cog Hill Drive, Northville: 4 bedrooms, 4.1 bathrooms, 3,606 sq. feet, 4 car garage, Sold Price: $725,000
Northville Hills Home Sold
September 2017
45933 Tournament Drive, Northville: 4 bedrooms, 4.1 bathrooms, 3,947 sq. feet, 3 car garage, Sold Price: $748,000
Northville Hills Golf Club Home Sold
September 2017
It’s easy to get carried away with all of the economic reasons for home ownership, but it’s important to remember that not every reason is financial. Has anything in your apartment ever needed updating, but the landlord refused to do it? When you own a home, you can make the space yours in almost any way you want. For more information on Northville Hills Golf Club, or similar Northville or Novi neighborhoods such as Bella Terra, Pheasant Hills and Autumn Park, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.