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Displaying blog entries 21-23 of 23

Good trends Coming into the New Year

by Tom Stachler - Group One Realty Team - Real Estate

SALES UP: Retail sales rose 0.6 percent in December, the sixth consecutive monthly increase.

YEARLY SALES: For all of 2010, retail sales rose 6.7 percent, the best performance since 1999, although it followed two straight years of falling sales as the country was hit by a severe recession.

2011 OUTLOOK: Economists believe that sales will continue to strengthen in 2011 as consumers start to spend the extra money they will see in their paychecks from the tax cut.

Google has a new beta online application called fusion which allows one to organize data into tables etc online.  Check out this example table providing average Home values for different parts of the country.  Good way of tracking cost of living if moving perhaps?  Click here to see the data.

Dont forget to check out our new real estate search system.  It provides Google aerials, walkscores, zestimates, demographics, school info, distances to popular retailers and more!

Best of luck to you in 2011 !

Toyota to Launch 50 Million Dollar Safety Research Center in Area

by Tom Stachler - Group One Realty Team - Real Est

Japanese automaker Toyota said today that it would spend $50 million over five years to establish an auto safety research center under the umbrella of the Toyota Technical Center, which employs 1,000 workers in York Township and Ann Arbor Township.

Toyota also said the University of Michigan would be one of three "charter partners" in the new Collaborative Safety Research Center, which will involve a collection of universities and outside researchers working together on various safety issues.

The announcement comes a day before media previews at the 2011 North American International Auto Show in Detroit.

It also comes about a year after Toyota came under fire for its handling of a recall crisis in which drivers complained about sudden acceleration issues in some of the automaker's vehicles.

Since the crisis, which Toyota President Akio Toyoda publicly apologized for, the automaker has made a point of highlighting its efforts to emphasize safety in its vehicle development.

The new research center's focus "will include reducing the risk of driver distraction - a growing cause of accidents - and protecting the most vulnerable traffic populations, including children, teens and seniors," Toyota said.

It was not immediately clear how many jobs Toyota plans to add with the new center.

The company also houses at the tech center the $100 million Toyota Research Institute of North America, where scientists and engineers conduct secretive research on advanced automotive technologies. For that project, Toyota said it would hire 65 workers.

The safety research center will also analyze accident data and research on driver behavior to "speed deployment of active safety systems," Toyota said.

"Toyota's new safety research center will work with leading North American universities and other partners on safety projects that benefit the entire industry," Toyoda said in a statement. "Our investment will support collaborative research aiming to reduce driver distraction and increase the safety of vehicles, drivers, passengers and pedestrians."

Chuck Gulash, a senior executive engineer at the Toyota Technical Center, will direct the research center. He said in a statement that Toyota plans to "publish as much of the research as possible" to help improve auto safety overall.

As part of the initiative, Toyota is collaboration with U-M's Transportation Research Institute"to assess the potential benefits of advanced safety systems in a systematic way, combining their expertise in driver behavior, crash data analysis and driver modeling."

"This program will allow leading safety researchers to collaborate on complex issues affecting the most important elements in the automotive safety equation - the drivers and passengers who are also our family, friends and colleagues," UMTRI director Peter Sweatman said in a statement. "With Toyota's continuing support, we will be able to test and disseminate research findings more widely, and to seek a more rapid rate of improvement."

Property values in York Township near Toyota Engineering (west of US23 at Willis Rd) should continue to remain strong and appreciate (now in second year of growth) .  Check out our new property search system above under "All MLS Listings"  

Take Advantage of Huge Incentives when you Purchase a HUD home with FHA Financing!

by Group One Realty Team - Real Estate One

The Department of Housing and Urban Development and the Federal Housing Administration (FHA) announce new sales incentives on HUD Homes being bought as primary residences in Michigan.

 

     1.) $100 Down Payment!

            Purchase a HUD Home with FHA-insured financing and put ONLY $100 down!

     2.) Sales Allowance!

            Purchasers using FHA financing will receive $2,500 at closing to use on repairs, closing costs, or to lower their mortgage amount.  Not using FHA financing? You will still receive $1,000 to assist in paying closing costs!

     3.) Available Statewide!

            This offer does not have restricted areas!  All homes, in Michigan, being purchased as Owner Occupied homes are eligible for these special incentives!

 

**Benefits of FHA Financing**

            Flexible Underwriting.

            No minimum credit scores.

            Competitive, often lower, interest rates.

            Government Insured.

Displaying blog entries 21-23 of 23

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