The Greater Lansing real estate market is inching its way back in the right direction. We have seen incredible numbers in not only the volume of homes being sold but the average sale price is up considerably. In addition, there is actually a lack of available inventory for sale creating a demand for buyers who are competing for a limited number of homes, in turn driving prices UP.
If you are a home owner, we encourage you to reconsider your real estate time frame. The time is now! Michigan residents’ optimism about the future is at the highest it has been in nearly 10 years, according to Michigan State University’s latest State of the State Survey. In Fall 2012, when asked whether they expect to be better off or worse off in one year, Michigan residents gave the highest ratings since the summer of 2004 -- 61% expect to be better off financially a year from now.
National Association of Realtors has named Lansing, MI the 3rd fastest rebounding market in the United States. Our community is receiving national attention for being one of the most affordable places to live.
Contributing to the success in the Greater Lansing Area are:
General Motors relocated 750 + workers from Tennessee plant in 2010 and created 600 + jobs for the new small Cadillac line
GM also owns 700 additional acres in Delta Township for future expansion.
Lansing is leading the state in new job creation. Over the last two years, the City of Lansing has leveraged more than a half-BILLION dollars in new investment.
Eaton Rapids welcomed the Swedish wind turbine manufacturer with 280 – 550 jobs
Auto Owners expanded- 100 new jobs
Accident Fund expanded -500 new jobs
Delta Dental expanded with building 2 new facilities in Okemos
MSU awarded $50 Million for Alternative fuel research and $550 Million cyclotron
CATA was awarded Number #1 in North America for Public Transportation
Lansing, MI was just awarded “Top Ten Best Tasting Water in America”
Cooley Law School is largest law school in the county
Lansing Old Town and Downtown – Revitalization Projects
Mason manufacturer invests $38M in expansion, to add 110 jobs
Bar 30 to open in 8,000 SF Eastwood Towne Center, adding 100 jobs
Carlos & Jorge’s and Tony Sacco’s to open in Eastwood, add 80 jobs
Emergent BioSolutions to invest $108M in facilities, adds 50 jobs
FC Mason Company to expand into 265,000 SF St. Johns facility, add 40 jobs
Williamston celebrates unveiling of 10,000 SF, $800K mixed-use development
$6 million Lansing Asphalt to open in Delta Township
Granger and Dart Container continue long history of consistent growth and expansion
MBI brings BioAcrylic closer to $10 billion market, grows staff by 20 percent
PM Environmental grows nationally and locally with five new Lansing jobs
$2.1M grant to create Next Step program at Peckham
Astera, Union National, CASE and Option 1 Credit Union add new branches
DBI Office Interiors and IDV Solutions continue to show growth, increases in hiring
MacIntyre & Cowen, RE/MAX Real Estate Professionals Grand River, would gladly provide a complimentary Over-the-Net Home Evaluation or email alerts to Hot Buys / Foreclosed / Liquidation & Luxury Distressed Properties in the Greater Lansing, Haslett, Okemos, East Lansing, Grand Ledge, Holt, Williamston, Mason, Eaton Rapids, Dimondale, Dewitt areas and more. Feel free to contact us at 517.999.2675 or
visit us today at www.pmachomes.com!
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