Attractions To See in Wayne Michigan

Things To Do -Wayne Michigan

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Wayne 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 Wayne Michigan has to offer.

We asked staff members of the Wayne 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 Wayne, MI.

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

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One of the newest and most innovative Tea Rooms in Michigan, the Franklin Village Tea Room is a reprisal of the original Tea Room located in the historic district of the Village of Franklin. Set in this historic town, which was built by the early settlers from New York and Massachusetts, in the 1840's, the Village of Franklin celebrated the opening of its first Franklin Village Tea Room in 1975. Closed for more than two decades, Kathi Russell has opened one of the most elegantly beautiful Tea Rooms in the country.

Decorated with lush florals and balloon shades, and adorning her tables with some of the most beautiful English china that can be found, this Tea Room is breathtaking for all those who visit. Beautiful, white linen tablecloths on English round tables with white chairs makes this Tea Room sparkle. The menu includes a variety of teas, sandwiches, scones, and desserts. Hosting a number of special events in the Franklin Village Tea Room including Bridal Shower Teas, Baby Shower Teas, Birthday Celebrations, Red Hat Ladies Teas, as well as entertaining and educational Children's Tea Parties!

While on your Walking Tour of Franklin, be sure to stop at the Village Jeweler, Frank Yanke Design, and see his latest creation of the Franklin Village Charm Bracelet. Beautiful charms depicting the most historic landmarks in the Village. See his beautiful new charm of the Snow House, and listen as he describes how the design of each charm goes from a photograph, to the wax mold, to the metallurgist, to the bracelet. See his collection of necklaces, pins and bracelets, as well as his most beautiful custom designed jewelry.

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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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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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