Statistics Show That Macomb Township, Michigan Has Rebounded From the Recession as One of Metro Detroit's Fastest Growing Suburbs
Nick Tartaglia of TAG Real Estate Is Very Upbeat on the Macomb Township Area of MI, and Has Recently Signed Several Large Build-Out Contracts
WEST BLOOMFIELD, MI--(Marketwired - July 11, 2014) - Nick Tartaglia, CEO of TAG Real Estate, is feeling quite upbeat about the future business prospects for Macomb Township in Michigan. He has managed to secure several large lease contracts with some of the big players in the area. TAG is a realty firm poised for growth, and has a lot of experience in the development, planning, and construction of numerous shopping centers, industrial, and apartment complexes. Numerous Fortune 500 Companies have turned to TAG for help with their Real Estate needs, such as: Walgreens Pharmacy, Daimler-Chrysler, Little Caesars, and others.
So what is it that gives this area of Michigan such a bright outlook? One sure indicator is that Home Values have increased by 11.5% over 2013, and Zillow predicts it will also rise this year. Another Indicator is the home rental prices. The Zillow Rent Index shows a healthy rental market that is above average for the USA. Zillow also rates the local market as "Very Healthy." These indicators are often the criteria that firms use in deciding which areas are ripe for growth, such as Macomb. During a recent interview, Nick Tartaglia had this to say: "I am very bullish on Macomb Township, and I see an increase in all real-estate activities across the board all through 2014 and beyond."
The company points out that Macomb Township has rebounded after the recession as one of Metro Detroit's fastest growing suburbs. An indicator of future home building is the number of building permits issued, and this area leads the region in residential building permits. Macomb is now the 10th largest community in Metro Detroit with an estimated 82,900 residents, and expected to quickly surpass Troy to take the #9 position. According to SEMCOG, median household income in 2010 was $83,254, and 43.1% of residents have an Associate's Degree or higher. All this and Macomb still has that small-town feel that attracts so many home buyers.
For complete information, please visit: TAG Real Estate, LLC
