Wednesday, March 7, 2012

Michigan Sees increase in home prices

Michigan sees home prices increase

Of course, it's all about the location. Some places are still seeing values decrease, but overall this is good news as the average price in Michigan is increasing. The Ann Arbor area has seen stable prices for a few years now with values slowly increasing.

Friday, March 2, 2012

"Despite the decline of its vital auto industry, Detroit aims to become a more diversified, sustainable economy for the 21st century."

5 Reasons to Start a Business in Detroit

Great article from inc.com- Keeping the existing talent pool and fostering innovation and entrepreneurship are keys to rebuilding. Ann Arbor SPARK and Wayne State's TechTown are cited as examples in helping launch start-ups.

Ann Arbor No. 5 on happiest cities in the nation list

Ann Arbor keeps rolling along making another 'best of' list!

Thursday, March 1, 2012

Economic Outlook: 'Washtenaw County is a bright spot' in the midst of a recovery, industry experts say

Economic Outlook: 'Washtenaw County is a bright spot' in the midst of a recovery, industry experts say

He added: “Washtenaw County is a bright spot and the market has already picked up considerably.”

One factor that’s helping the Washtenaw County market rebound - particularly in Ann Arbor - is that the real estate market was never overbuilt, McCausland (of Plante Moran) said.

An increasing number of banks are opting for short sale solutions instead of foreclosure

http://michiganradio.org/post/more-michigan-mortgage-lenders-turning-short-sales-avoid-home-foreclosures