DDetroit Real Estate prices are at an ALL TIME LOW. There are a record number of foreclosures, meaning Properties can be found at a HUGE DISCOUNT There is a BIG DEMAND from renters needing places to live. etroit Real Estate prices are at an ALL TIME LOW. There are a record number of foreclosures, meaning Properties can be found at a HUGE DISCOUNT There is a BIG DEMAND from renters needing places to live.