Attractions To See in Edenville Michigan

Attractions To See -Edenville Michigan

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Edenville Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Edenville Michigan has to offer.

We asked staff members of the Edenville Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Edenville, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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Reason # 1 The Motor City

Maybe I'm a little bit biased since I come from Detroit, but I think that Detroit is a great reason to visit Michigan. Ignore, for a moment, the decrepit old houses and deteriorating neighborhoods, and think of the city's rich, vibrant culture and historical landmarks. Detroit is home to "The Big 3" and "Motown" after all. I don't care how much negative press you've heard about the city, don't tell me that you haven't driven a Big 3 car or been in love with a Motown song. The city's current decline is certainly no reason not to visit. Just be sure to keep your doors locked.(That was a joke, by the way).

Reason # 5 The Sports Teams

So, the Detroit Lions haven't done so well in the past few years. The Tigers almost made it to the World Series this year. The NBA is in the middle of a lockout, so we won't mention the Detroit Pistons. The Red Wings are probably the most consistent team we have, and although I don't follow hockey, it seems like they're winning the Stanley Cup every other year.

Plus, there are all of the college teams - the Big House (University of Michigan) is one of the most popular sporting venues in the country.

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Real estate Niles MI style has something for just about everyone.

Bungalows, renovated 1930's farmhouses, modern ranches, two-stories and three stories fill the pages of the Niles Michigan real estate classifieds. If you are interested in buying, but you have problems with your credit, we have some suggestions. And, if you are a property owner, who needs to sell quickly, we have some suggestions for you, too.

Niles Michigan real estate is located in Berrien County, just north of the Indiana border, on the banks of the St. Joseph River. The wide range of available properties, with a wide range of prices, makes it difficult to estimate the average price of a home. Median prices are sometimes misleading, because they include undeveloped lots on the low end and corporate retreats on the high end. But, in the most recent updates for median prices of real estate Niles MI was at $124,900 for a home listed with a realtor and $74,798 for foreclosures.

Over the last several years, in all areas of the country, there have been fluctuations in the prices and values of real estate. Niles MI is no exception. So called "financial experts", the people we often rely on to guide us, cannot agree on what exactly is going on. Some say that soon values will go up. Others say not. Many bankers blame the increasing number of foreclosures on decreasing property values, making it difficult or impossible for owners to refinance.

But, that's not all of the different types of real estate Niles MI has to offer. Downtown Niles is a redeveloping area or shops, entertainment and services. They host numerous parades and events. Many downtown homes, at good prices, are included in the Niles Michigan real estate listings. And, if you want more night life, South Bend is very close by and Chicago is just a little farther away.

So, now you know what real estate Niles MI can offer, but you are still concerned about your credit. If you have steady employment, a few thousand dollars for the lease option consideration and are willing to work to improve your credit rating, then you can own a home, probably sooner than you think. You probably know that you can afford the monthly payments, so what are you waiting for?

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Indianapolis and Detroit are popular markets for real estate investors due to affordable prices and good cash flow. Both markets offer strong ROI, but with very different risk/reward factors. Investors choosing between the two markets must consider their long term hold plans and risk tolerance.

Investors are drawn to Indianapolis for good, stable cash flow while others are flocking to Detroit betting on future equity appreciation. Detroit home prices dropped 60% from their peak level in 2006 and many investors are banking on values to come back. The law of physics doesn't necessarily work in reverse however, and what goes down doesn't always go back up.

Detroit's housing woes were not caused by overbuilding and appreciation like Phoenix, Las Vegas and Atlanta. Instead, Detroit's housing market collapse was a result of major job losses in the automotive industry. Detroit has lost 323,400 jobs since 2005 and has one of the highest unemployment rates in the country. Although the auto industry has shown signs of recovery and home prices seem to have stabilized, the economic recovery remains fragile and uncertain. Home prices remain 40 percent below peak levels. Vacant properties make up 23 percent of the total housing and the city has about 30,000 vacant homes.

Conclusions

Indianapolis and Detroit both offer attractive return on investment opportunities to investors, however, with very different risk-reward levels. Both markets offer comparable cash on cash returns. The difference is in the future upside equity potential.

Detroit is best suited for the more speculative investor seeking to maximize their ROI through the potential for future equity appreciation and can tolerate a higher risk factor.

Indianapolis is well suited for the more conservative investor that is looking for strong, stable monthly cash flow and preservation of equity. Local Market Monitor, Inc rated Indianapolis as the 3rd safest market for conservative real estate investors.


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