Oakland County Property Management

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About Property Management Services from Cherry Hill

More than just collecting rents!

Contrary to a lot of people’s thoughts, good property management isn’t expensive, it usually saves money. It also saves you time and aggravation.

Every property has its' own challenges and needs an experienced property management team that can face those challenges successfully. It is important to make sure your property manager has provided these services in the past and understands some of the pitfalls that do happen.


About Oakland County

The Wikipedia Website describes Oakland County this way:

Oakland County is a county in the U.S. state of Michigan, northwest of the Detroit metropolitan area. As of the 2010 census, its population was 1,202,362, making it the second-most populous county in Michigan, behind neighboring Wayne County. The county seat is Pontiac. The county was founded in 1819 and organized in 1820.

Oakland County is composed of 61 cities, townships and villages, and is part of the Detroit-Warren-Dearborn, MI Metropolitan Statistical Area. The city of Detroit is in neighboring Wayne County, south of 8 Mile Road. Oakland County is among the ten highest income counties in the United States with populations over one million people. It is also home to Oakland University, a large public institution that straddles the Auburn Hills and Rochester Hills border.

The county's knowledge-based economic initiative, coined "Automation Alley", has developed one of the largest employment centers for engineering and related occupations in the United States. But Oakland County has shared in the recent economic hardships brought on by troubles at General Motors, Ford, and Chrysler. It has fared better than Detroit and Flint, as its economy is more diverse and less reliant on manufacturing jobs. All three automotive companies are major employers within southeast Michigan and have a significant presence within Oakland County.

History

Founded by Territorial Governor Lewis Cass in 1819, sparsely settled Oakland was originally twice its current size. As was customary at the time, as populations increased, other counties were organized from its land area. Woodward Avenue and the Detroit and Pontiac Railroad helped draw settlers in the 1840s. By 1840, Oakland had more than fifty lumber mills, processing wood harvested from the region and the Upper Peninsula. Pontiac, located on the Clinton River, was Oakland's first town and became the county seat. After the Civil War, Oakland was still primarily a rural, agricultural county with numerous isolated villages. By the end of the 19th century, three rail lines served Pontiac, and the city attracted carriage and wagon factories. In the late 1890s streetcars were constructed here and to Detroit.

At that time, developers made southern Oakland County a suburb of Detroit; a Cincinnati firm platted a section of Royal Oak called "Urbanrest." Migration worked both ways. Several thousand people moved from Oakland County farms to Detroit as the city attracted factories. By 1910, a number of rich Detroiters had summer homes and some year-round residences in what became Bloomfield Hills. The auto age enveloped Pontiac in the early 1900s. The Oakland Motor Car Company was founded in 1907 and became a part of General Motors Corp., which was soon Pontiac's dominant firm.

In the 1950s, the Detroit metropolitan population began migrating to the suburbs, aided by the GI Bill for veterans and federal subsidies for highways and freeways. Oakland County is among the ten highest-income counties in the United States with more than one million population. The median price of a home in Oakland County increased to $164,697, more than $30,000 above the national median. Oakland County is home to popular super-regional shopping malls such as Somerset Collection, Twelve Oaks Mall, and Great Lakes Crossing Outlets.

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