Why Buy In Michigan

Note: This is a posting on the Tomie Raines, Inc, Facebook page, www.facebook.com/tomieraines, that has been so popular we decided to post it here as well.

Michigan is on the road to reinvention. 
After a lost decade from 2000-2010 where we had 14.2% unemployment, lost 750,000 jobs and were 50th in the USA for economic growth the last two years portend a bright future. How about these stats:
1.GDP growth is 6th best in the US.
2.177,700 jobs have been added since 8/09.
3.Income growth is 9th best in the US.
4.Home sales in the state are up 14% since 2008 and volume is up 16.6% just this year alone in greater Lansing, building on a strong growth year in 2012 .
5.We are now the 12th friendliest tax system in the US with the job killing Michigan Business Tax being eliminated and personal property tax killed.
6.Our economy is at a ten year high.
7.We are the 3rd in the US for high tech job growth.

This environment is clearly encouraging for investment in real estate. Consumer confidence, crazy affordability, historically low mortgage rates and more and more certainty in state government is a great formula for a healthy housing market.