https://www.moldremediationhotline.com/detroit-sees-first-population-growth-since-1957-local-real-estate-investor-explains-why-this-is-great-for-city/
detroit-sees-first-population-growth-since-1957-local-real-estate-investor-explains-why-this-is-great-for-city
DETROIT, MICHIGAN, UNITED STATES, May 30, 2024 /EINPresswire.com/ — For the first time in 66 years, Detroit grew in population, according to new Census Bureau estimates for 2023 that Mayor Mike Duggan hailed as “a day of celebration” for Michigan’s largest city. Detroit gained 1,852 people from July 1, 2022, to July 1, 2023, according to new data from the U.S. Census Bureau released Thursday, putting the city’s population at 633,218. It is the first time the city has gained population year over year since 1957, Duggan said.
“The population increase in Detroit shows how hard the city and its residents have been working towards revitalizing Detroit. It’s been a long time coming and the city has gone through tremendous lengths to start to turn around Detroit. I feel as though the negative stigma in Detroit is slowly starting to disappear. With all the active redevelopment downtown through midtown, we are actually starting to see some commercial spaces being tapped in some pockets of the east and west side as well. As an active real estate Investor in the Detroit market place, it is truly a great feeling to know all our efforts in attempting to bring back Detroit is now showing” said Nader Shariff, founder of Upside Investments.
About Nader Shariff:
Nader Shariff has been investing in US real estate since the age of 19. He discovered the potential of Detroit real estate due to its high returns, which led him to start purchasing properties there. This became the inspiration for him to found Upside Investments, focused on addressing these problems. As demand grew, he realized that providing good deals, reliable property management, and reliable third party contractors would attract more investors into the marketplace. Nader Shariff is a Licensed Real Estate Principal Broker in the states of Michigan and New York.
About Upside Investments and Upside Property Management
Upside Investments and Upside Property Management is a comprehensive turnkey real estate firm and brokerage. We specialize in assisting out-of-country and out-of-state investors in remotely investing in marketplaces that promise high ROI. The primary objective is to ensure that every investor comprehends the advantages and disadvantages of investing in the specific marketplaces, guiding them through the entire process.
For more information on Detroit’s real estate opportunities and Upside Investments’ services, please visit investinupside.com
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May 30, 2024
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