News

Sept. 9, 2015

West Michigan Real Estate News Indicates Positive Trends

 Photo under public domain via Wikimedia Commons

There have been several major announcements about West Michigan real estate in the news recently, some of which is very promising for our state and community as a whole. In addition to ongoing investment in West Michigan by major national companies, there is also continued evidence of locally-based …

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Aug. 31, 2015

Grand Rapids Real Estate Market Drawing More Investors

 Photo Credit: Rachel Kramer under CC by 2.0 via Wikimedia Commons

Even though experts are warning about unsustainable price inflation and investment speculation in the world-wide real estate market, most local experts agree that West Michigan and similar markets are currently immune from the increasingly volatile market trends, according to an article published by the MiBiz, a Michigan …

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Aug. 21, 2015

Foreclosure Rates at Pre-Recession Levels!

 By Flickr user respres  CC BY 2.0  via Wikimedia Commons

Did you know that foreclosures in the United States are now lower than they have been since the Great Recession? In other words, right now, there are fewer foreclosures than there have been for the last eight years, meaning that homeowners can breathe a sigh of relief regarding …

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Aug. 19, 2015

New York Investors Buying Grand Rapids Area Properties

 

Photo Credit: mark sebastian under CC by SA 2.0 via Flickr

If there is any sure sign that the real estate market in the West Michigan area is hot, particularly the Grand Rapids real estate market, it's the increasing level of interest from national-level investors and commercial real estate developers. The construction of the Tanger Outlet south of …

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Aug. 10, 2015

Major Development, 'Area 52,' Planned for Airport Area

 Photo Credit: Doc Searls under (CC BY 2.0)  via Flickr

 

There's something exciting brewing southeast of Grand Rapids proper: a 700,000 square foot development that will be comprised of three buildings located in close proximity to the Grand Rapids airport, also known as the Gerald R. Ford International Airport. Robert Grooters Development Company has publicly announced

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Aug. 3, 2015

Greater Grand Rapids Market Has Record Low Inventory

 

Photo Credit: Michigan State Highway Department under public domain via Wikimedia Commons

According to an article published on the WZZM 13 website, Grand Rapids' housing market is the hottest it has ever been since such information was recorded and analyzed. There are currently fewer available properties in the greater Grand Rapids area on the open real estate market …

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July 29, 2015

Tanger Outlets Invests $79 Million in Byron Center Development

 

Photo Credit: Tanger Grand Rapids public Facebook page

There has been a recent explosion of commercial interest in the West Michigan markets, leading to an increasing number of new developments and purchases of properties. One of the biggest, most talked about transactions and developments comes in the form of the Greater Grand Rapids area's first …

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July 22, 2015

Potential Eastown Development in the Works

Photo Credit: Steve Depolo under CC by 2.0 via Flickr 

Grand Rapids' urban center is receiving a lot of attention recently, especially from real estate developers and investors. Certain areas, like downtown Grand Rapids and the Medical Mile are receiving the brunt of commercial attention, but there are certainly many neighborhoods that are ripe for development and new …

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July 17, 2015

Woda Group to Bring Affordable Housing to Northwest Side

 Photo Credit: Woda Group public Facebook page

In a press release from the Woda Group, the development company advised that they have plans to construct a 68-unit affordable housing development on the western shore of the Grand River. The project will be called Grand View Place. There will be a primary building that houses …

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July 13, 2015

MSU Biomedical Research Facility Impacting Area Real Estate

 

By Driveonparkways (Own work) [Public domain], via Wikimedia Commons

The Northeast side of Grand Rapids and the downtown area are primed to receive a major bump in property values over the next few years, thanks to investments in the “Medical Mile” on Michigan Avenue. First, Butterworth Hospital was acquired, remodeled, and overhauled by Spectrum Health. This …

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