It’s a wild time to buy a house. The prices seem to just keep going up and up, with no end to this housing bubble in sight. I would love to buy my first hour, but like many, I’m being forced to wait until the housing market drops a bit, and it’s anybody’s guess when that will happen.
If you are buying a house right now, you should make sure it’s in a good place to live, since you’re likely paying a pretty penny for it. Thankfully, the folks at Niche.com have done the homework to determine the best places to buy a house in Michigan. They recently released a list of the best places to live in the state, factoring in both cities, suburbs, towns and city neighborhoods.
“The Best Places to Buy a House ranking provides a comprehensive assessment of the housing and community of an area,” they explain the in the study. “This grade takes into account key factors of a location’s housing market, including home values, taxes, crime rates, and quality of local schools, in an attempt to measure the quality and stability of an area’s real estate market.” They also look at aspects such as home value to income ratio, public schools grades, monthly housing costs, the cost of living, the higher education rate, the median home value and much more. Statistics are mainly obtained from the U.S. Census and represent the most recent data available, they state.
So, what places are the best to reside in Michigan? Read on for the top 50 list via Niche.com, and best of luck with your home buying experience.