Urban Living Update
Austin Black II - Max Broock Realtors
 
 
www.austinb2.com                                                                            October 2007

URBAN LIVING REDEFINED

TheEllington_ModelBathroomGreetings!
 
Welcome to my redesigned e-newsletter. Starting this month, you will recieve the Urban Living Update on the first Tuesday of each month.
 
As a valued client, please feel free to let me know what content you would like to see in future newsletters.
 
What are buyers looking for in a condominium?
 
Would you like developers to know what features are important to you in a condominium development?
 
Click here to take this free survey and enter to win a $25 gift certificate to the Bureau of Urban Living.
 
Emerging Markets: Urban Infill/Revitalization
 
The housing industry is diversifying in some exciting and potentially profitable ways. One of those maturing markets in urban infill. Even more specifically, revitalization projects that recover and restore neighborhoods to new prominence and vitality. Click here to view an interview with one of the nation's top urban infill developers.
 
Source: BuilderOnline.com
 
Search the MLS
 
As a valued client, you now have the ability to search any home for sale in Metro Detroit by visiting the property search section of my website.
Suburban firms to move in downtown
Compuware, Ilitch welcome neighbors to Campus Martius
by Tom Walsh/Free Press Columnist
Marketing Associates CEOIn a boost for downtown Detroit, two growing suburb-based companies are planning to move their headquarters and more than 100 employees each into the new 10-story One Kennedy Square office building at Campus Martius.

Marketing Associates LLC of Bloomfield Township, whose majority owner is Edsel Ford II, and Health Plan of Michigan, the state's third-largest Medicaid HMO, each will occupy two floors of the lime green tinted-glass building. By the end of this year when the moves are expected to be complete, the building's office space will be fully leased.

Click here to read the full article.
Riverfront Condominium For Sale - $170,000
Resort Style Living in the Heart of the City
Listed by: Austin Black II - Max Broock Realtors
Riverfront Condominiums_Unit 11FEnjoy stunning riverfront and Canadian skyline views from this 11th floor, one bedroom, 1.5 baths condo, in downtown's premire waterfront community. Condominium fatures maple cabinets, granite countertops and hardwood floors.
 
Located in a private gated community, enjoy an on-site fitness center, grocery store, restaurant, tennis courts, marina and direct access to the People Mover.
 
Contact Austin to schedule a private showing.
Downtown Birmingham - $1,995,000
Birmingham In-Town Living
Listed by: Max Broock Realtors
Brown StreetThe plans are complete for this 4 story town home built by Ken Kojaian one of Oakland Counties finest builders. There will be 3 bedrooms with 4.5 bathrooms and elevator to each floor, 3 car attached garage and a spacious terrace. The location is ideal it's in the heart of the city which is filled with fine dining, entertainment and shopping. There is still time to make some selections!
 
Contact Austin to schedule a private showing.
Featured Development: The Grinnell Lofts
True Loft Living in Detroit's Oldest Neighborhood
Priced from $177,000 to $400,000
The Grinnell Lofts_CorktownThe Grinnell Lofts is a true loft development in the heart of Corktown, in close proximity to downtown. Units priced from $177,000 - $400,000. One, two and three bedroom units available. Owners will benefit from extremely low property taxes for 12-years.
 
All units include: indoor parking, granite counter tops, stainless steel appliances, maple cabinets, hardwood floors throughout, large balconies and exposed brick walls. Some units also include a private rooftop deck with great city views.
 
Contact Austin to schedule a private showing.
Grand slam: Casino-hotel a full house of Vegas luxury, style
MGM Grand Opens New Casino in Detroit
by Susan R. Pollack / The Detroit News
Hotel Room at MGM Grand DetroitMGM Grand is betting the house, so to speak, on attracting not only locals but travelers from neighboring states, Canada and beyond who've never before considered Detroit a travel destination.

"We're ...way more than a casino," said John Hutar, general manager of the 400-room MGM Grand hotel, where nightly rates are in the $300 range. "On weekends, we hope to be a big draw for the local drive market. There are a lot of people in the metro area, southeast Michigan, northeast Indiana, northwest Ohio, even Chicago, that don't think of Detroit as a weekend getaway destination. There really hasn't been a luxury hotel in downtown Detroit"

Click here to read the full article.

Graduate Purchase Assistance Program
Move to a "City of Promise" and save money!
Source: Michigan State Housing Development Authority (MSHDA)

The Michigan State Housing Development Authority (MSHDA) is pleased to announce an exciting new loan program for college graduates. If you have earned an associate's, bachelor's, master's, or doctoral degree within three years of loan application, you may be eligible to purchase a home at greatly reduced rates!

 

Program Highlights

  • Approximately 2% below market interest rate
  • Available with MSHDA's Conventional loan products (95%, 97%, 100% and 103% LTV)
  • Purchase price up to $216,750
  • Income limit up to $72,250
  • Zero interest Down Payment Assistance - up to $7,500 available to eligible borrowers (Lower income limits apply - approximately 80% of area median income)

Eligible Properties

 

Properties located within the city limits of one of the following eight (8) "Cities of Promise:"

 

Benton Harbor, Detroit, Flint, Hamtramck, Highland Park, Muskegon Heights, Pontiac, Saginaw

 
For more information contact Austin.
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Austin Black II
Realtor®
313.550.2307 (cell)
 

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