Honda Insight Price for US Market

Honda has made announcement about the Honda Insight price for the U.S. market. With the price has been released, it makes the Honda Insight Hybrid become the most affordable new hybrid in US.

Honda Insight for United states market is powered by the Integrated Motor Assist system which includes a 1.3-liter i-VTEC gasoline engine and a 10-kilowatt electric motor, and also available in three trim levels: LX, EX and EX with Navi.

Honda Insight price will starts at $19,800 for the base LX model. While for the EX trim level, the price will goes up to $21,300 which gets additional alloy wheels, cruise control, and also Vehicle Stability Assist.

For anyone who wants a navigation system, the price for the top of the range model from Honda Insight will goes up to $23,100.

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Rinspeed iChange

Rinspeed iChange has been unveiled by Rinspeed as the latest project which will make its world debut at the Geneva Auto Show. Comes with 1,050 kg weighs, Rinspeed iChange can transform in seconds from a one-seater sports car to a comfortable car with enough room for three passengers.

Powered by an electric motor, Rinspeed iChange may develops 150kW and reach its top speed at 220 km/h. Rinspeed iChange is able to reach 100 km/h in less than four seconds and features a six-speed pre-selector gearbox from a Subaru WRX.

Rinspeed iChange uses an electrically powered roof section that tilts forward to allow for access to change the purpose of the door. That means Rinspeed iChange comes with interesting design characteristic since it has no door attached.

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Dallas Commercial Real Estate Market Does A Rebound

Dallas City in Texas continues to experience steady growth in its real estate industry notably on the commercial side. This is not really a wonder as Dallas is a large city which accommodates several huge industries consisting of the petroleum, transportation, banking, information technology and telecommunications sectors. But despite the growing economy, Dallas remains to be among the most affordable cities in the U.S., according to Forbes.

The Dallas Texas real estate industry has also maintained its momentum since it began experiencing its booming days back in the 1980s. The Dallas commercial real estate including the big buildings and skyscrapers was a major growth factor. In addition, the Dallas metroplex accommodates numerous high-end shopping centers more than that of any other city or state in the U.S.

Experts reveal that the commercial real estate market in Dallas is in great condition compared to the residential properties. In terms of foreclosure, the percentage of Dallas office space, apartment, industrial and retail buildings is very small. This is due to the fact that commercial companies almost always have the financial resources to carry out their expansion and construction projects.

Dallas is seen to continue being a commercial real estate hub in the many years to come. Currently, new construction projects of condos and townhouses are widespread around this booming city. The other good news is that many of the office spaces previously available in Dallas have already been occupied or pre-leased. The central business district of the city has reduced its office vacancy rate to 24 percent as of end of September 2007.

The year 2007 has proved to be favorable for the Dallas commercial real estate sector. Latest reports from Cushman & Wakefield say office tenants that have been expanding and relocating have leased 1.5 million square feet more of office space in the Dallas-Fort Worth area in the first half of the year. The third quarter net leasing has also soared nearly 90 percent from totals in mid-2007. A recent report by Delta Associates showed that Dallas-Fort Worth is seen to accommodate an average of 4.8 million square feet of office space each year until 2010.

As for construction, an estimated 6.9 million square feet of office space is now being built in Dallas-Fort Worth as of the middle of 2007 and this is bigger than in 2006. Of the estimated office space being constructed, more than 40 percent is already pre-leased. Rents have also risen to seven percent from the 2006 rates. Third quarter figures show that office rents averaged $19.42 per square foot while rents for medical office space rose 12 percent to $24.4 percent.

With all these positive developments going on, the future of Dallas commercial real estate is indeed looking bright. Many real estate investment firms are seeing a low vacancy rate and substantial rent gains this 2007. Developers are also projected to provide 2.6 million square feet of office space by the end of the year while building owners are expected to ask for higher rents as a result of lower vacancy. The reduction in vacancies is being attributed to the surge in employment by 3.2 percent covering more than 900,000 jobs by year end.