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With lakes, forest, farmland, college towns and large cities, Michigan has a small of every little thing. Thankfully, Michigan true estate rates are on the low end.  Michigan [http://www.luxuryres.com/ hotel booking engine]  Michigan is a state of great beauty if the outdoors is your thing. The state borders no less than four of the Great Lakes and has thousands of smaller lakes within its border. Yes, thousands. With all this water come forest and a bevy of outdoor activities. If you prefer the city life, Detroit is in a renaissance. For a taste of the college life, Ann Arbor is the home of the University of Michigan.  Ann Arbor  House to the University of Michigan, Ann Arbor is a wonderful college town. With a population of roughly 100,000, it is actually a tiny city but can grow during college football season. The football stadium holds more than 100,000, and folks from all over the state make a weekend of the games. With the college atmosphere, Ann Arbor is complete of exciting tiny shops, cafes and has an active nightlife. If youre considering living in a college town, Ann Arbor really should be on the leading of your list. [http://www.sissondental.com/ sissondental.com]  Detroit  If ever there was a city that took a beating in the press, it is Detroit. Criticized for an out of manage crime difficulty, the city undoubtedly deserved some criticism in the past. These days, nevertheless, Detroit is in the procedure of turning a new leaf. More than a BILLION dollars has spent renovating the downtown area and crime statistics are down significantly. For comparison purposes, Atlanta and Washington, D.C., have significantly greater crime rates. The rebirth of Detroit is an ongoing method, so dont hesitate to give it a appear. It might be an opportunity to get in on the bottom floor.  Michigan Real Estate  Michigan real estate rates are surprisingly low cost. A single family property in Detroit will set you back roughly $280,000, although the same house in Ann Arbor is $345,000. On typical, the costs in Ann Arbor are the highest in the state.  With such reasonable rates, 1 wouldnt actually expect to see an thrilling appreciate rate in Michigan. For 2005, Michigan real estate appreciated at a miserly rate of a tiny much less than 5 percent.