Will home prices go up much in the next 2-3 years in the Metro Detroit area?I currently live with my parents and plan on buying a house in the Metro Detroit area sometime in the next 2-3 years when I am ready to move out. I am currently not quite ready to move out yet as I do not have enough savings and do not have a good enough job to support myself yet, but will likely be ready in 2-3 years. This will be a house to live in that I can call my own place that I plan to have paid for when I move into it. I have no interest in buying and flipping properties to make money, but rather as a place I can call my own without having to pay rent or mortgage. In fact I hate rising home prices and believe it punishes people who want to save to pay cash for a house. My target price range is from $100K to $130K. I plan on paying cash for it as I hate any form of debt. The type of home I am looking to purchase is a small starter brick home from 900-1400 square feet in good condition in an ok to decent neighborhood built within the last 30 years. It does not have to be a great area, but cannot be a bad area either. Schools will not matter as I intend to live on my own and will not have children.Now I ask this question because I want to plan my finances to ensure my existing savings (about $110K) do not lose any purchasing power in relation to home prices between now and when I am ready to buy a house in 2-3 years. So do you foresee significant price increases in the next 2-3 years in the Metro Detroit area. Or is it only very small increases like 1-3% per year or flat or even falling prices?And I guess the most important part is being able to buy the kind of house I am looking for based on my description above for somewhere between $100K and $130K in 2-3 years from now. If home prices rise a little, but as long as they do not rise enough to prevent me from getting the type of home I want in the price range of $100K to $130K, I will be ok.December 21 2011 - Rochester Hills0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.