Market Conditions in Detroit>Question Details

Philip, Home Buyer in Atlanta, GA

I would like to know in the region of East English Village, how long does it take in general to find a new tenant after the current tenant moves out

Asked by Philip, Atlanta, GA Sat Jun 23, 2012

for a single family house?

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4
May be a local Realtor can give you a bit of insight, but needs to know more that what you put in your
question. Age and upgrade of home, location of home, i.e. close to transportation, shopping, park???
lot size, how large, and what is the monthly rent you NEED....... will all play into a possible answer.

And even then, who can predict when the next renter comes along looking just for your home in your location at your rent?????? When renting a property, you always need to count on not always having
a renter in it....

Good Luck to you...


Sincerely yours,
Edith YourRealtor4Life! and Chicago and North Shore Connection
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike
Covering most if not all of the city of Chicago, the fine homes on the North Shore, and all N and
NW suburbs and many of the W and SW sub as well.

EdithSellsHomes@gmail.com EdithDoesItRight@yahoo.com (preferred)

@Properties Chicago and Northshore 30 Green Bay Rd Winnetka Illinois 60093
web htttp://www.tinyurl.com/MeetEdithHere
(search for properties, contact me,
get to know me and my expertise and services :)

Have the most wonderful Day.....
0 votes Thank Flag Link Sat Jun 23, 2012
Phillip,

East English Village is one of the more desirable areas on the east side of Detroit. Time will not be an issue as long as you are leveraging the service of a good property manager, and your house is ready to be moved into. Otherwise, you should make sure you market your vacancy before your current tenant moves out and do good screening before accepting a new one.

The condition of the house and neighborhood, your block in particular, will be the real determining factor of how long it takes, in addition to having systems (property manager) in place to facilitate
your needs. Good luck and don't hesitate to call for assistance.

To your success, in business and life!

Kevin Flowers
Discount Detroit
http://www.discountdetroitus.com/
http://www.facebook.com/discountdetroit
O-734-743-1186
F-313-368-0777
C-313-467-4163
0 votes Thank Flag Link Sat Jun 23, 2012
East English Village is a very defined area and does not cover the entire range of the 48224 zip code (it is generally defined by Cadieux, Outer Drive, Mack and Harper).

So if we look at the leases that sold for the past year in just that area, the average days on market is 36 days.

If you look at the entire 48224 zip code, the average days on market for a single family lease is 48 days.
0 votes Thank Flag Link Sat Jun 23, 2012
It should not take long if certain facts are in place. If you would like feel free to email or call me.

James Spence
313-610-2757
foreclosurefridays@hotmail.com
0 votes Thank Flag Link Sat Jun 23, 2012
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