News

March 7, 2016

Franklin Partners to Renovate Keeler Building

Photo Credit: Joe Ross under (CC BY-SA 2.0)  via Flickr

Last week, much of the Grand Rapids real estate community was discussing a surprise sale; specifically, the sale of two prime downtown properties by the Chicago-base real estate development firm Franklin Partners. Franklin Partners have invested substantially in the Grand Rapids real estate market and West Michigan real estate …

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Posted in News
Feb. 3, 2016

Grand Rapids Real Estate Market is #1 Best Buy

Photo Credit: Lola Audu under CC BY 2.0 via Flickr

According to a recent article published by Forbes, Grand Rapids is the #1 best market to buy real estate in at the moment, especially if you're looking at that real estate purchase as an investment. The main reasons that Grand Rapids tops this list of twenty hot and …

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Posted in Feature, News
Jan. 6, 2016

Upscale West Michigan Housing: $17.1 Million Lake Michigan Home

Photo Credit: Tami L Lile Swart of @HomeRealty

If you're well off and looking to purchase your dream home on Lake Michigan with plenty of acreage, it looks like you're in luck! The stunning, massive home at 13213 Lakeshore Drive in Grand Haven has been listed for a cool $17,100,000. The property was once home to the …

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Jan. 1, 2016

Mortgages are More Affordable than Rent in West Michigan

Photo Credit: Dipankan001 under public domain via Wikimedia Commons

 

 

Maybe you've been thinking about being a homeowner for some time, but you have convinced yourself that you can't afford it. There's a prevalent misconception about housing that leaves many wrongly believing that renting, especially in a market with increasing property values, is cheaper than …

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Posted in Feature, News
Dec. 23, 2015

Home Builders Hopeful for 2016 Boom

Photo Credit: Dwight Burdette under CC BY 3.0 via Wikimedia Commons

2015 has been a great year for the West Michigan real estate market and the Grand Rapids real estate market. Overall, home values in the area are up, as is the average selling price. Time on the market is down, and home inventory has been low enough to make …

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Posted in Feature, News
Dec. 21, 2015

Grand Rapids Real Estate Market Outperforms State Market

Photo Credit: Ken Lund under CC by SA 2.0 via Flickr

West Michigan has had a great year as far as the local real estate market goes. Unlike many major metropolitan areas, the greater Grand Rapids real estate market has grown increasingly strong throughout 2015, with low inventory and high demand, coupled with rebounding home values. The West Michigan real …

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Posted in News
Dec. 16, 2015

Federal Rate Hike and Grand Rapids Real Estate

Photo Credit: Lending Memo under  (CC BY 2.0) via Flickr

It's official. After months of suggestions and debate, the Federal Reserve has increased the key interest rate from a range between 0.0% and 0.25% to between 0.25% and 0.50%. This comes on the heels of seven long years that have seen that key interest rate stagnant at a range …

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Dec. 7, 2015

Tallest Building in Heritage Hill To Be Renovated

Photo Credit: Kent county under Public Domain via Commons

According to a recent article by the Grand Rapids Business Journal, the mixed-use developments becoming so popular downtown are not restricted to that main corridor of Grand Rapids. Oakwood Manor Apartments, located in Heritage Hill at 547 Cherry Street SE will soon be renovated into a mixed-use building, …

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Nov. 30, 2015

Arena Place Announces New Retail Tenant

Photo Credit: Blue Diamond Photography under CC BY 2.0 via Flickr

Downtown Grand Rapids has seen some major announcements recently regarding developments, from new construction to work on updating existsing structures, that are sure to revitalize the city center. One of the projects drawing the most excitement and interest is the aptly named Arena Place, which will be located at …

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Nov. 23, 2015

October Real Estate Round-Up: Strong Local Market

Photo Credit: Geralt under public domain via Pixabay

This fall has been a great time to buy a home or sell one on the West Michigan market, and that observation has been backed up by the sales report released by the Grand Rapids Area Realtors. The statistics from the month of October are in, and there's little …

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