Michigan Destination Named Among The 'Worst Cities To Buy A House' In 2024

Would you suggest that someone invest in property in your city?

Some places offer residents a great, safe life, while others offer quite the opposite. Factors including high crime rates, growing population, bad weather, price fluctuation, and cost of living impact how worthwhile an area is to settle down in. Be it one, or all of the numerous factors mentioned above, something about this Michigan city makes it an undesirable place to purchase a home.

According to a list compiled by GoBankingRates and curated by ChatGPT, the worst city to buy a home in Michigan in 2024 is Detroit. The crime rate in this city is 66 people per 1000 residents. Other cities on the list include San Francisco, California, Miami, Florida, Las Vegas, Nevada, and Newark, New Jersey.

Here's what GoBankingRates had to say about the worst city to buy a home in Michigan in 2024:

"Despite its rich cultural history and ongoing efforts to revitalize, Detroit faces economic challenges that affect its housing market. High vacancy rates and concerns about safety and public services make it a less desirable location for homebuyers. Also has economic instability and high vacancy rates."

For more information see the full list at gobankingrates.com .