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Michigan’s ‘gold coast’ vacation home market could see prices easing in 2025 Realtors expect a good year for the West Michigan vacation homes market in 2025, driven by the continued popularity of Lake Michigan frontage, low water levels and transformative developments underway in several tourist towns. According to a Dec. 4 Redfin forecast, home sales…
This could be the year the golden handcuffs come off in Michigan’s housing market The year 2025 will likely bring further relief to the “golden handcuffs” that have kneecapped the housing market in Michigan and beyond for several years. But many — not all — housing and mortgage experts say economic conditions will do little…
Former dump near Traverse City eyed for all-electric housing development A former coal ash dump site could become an all-electric-powered housing development with community green space over the next few years if developers’ plans proceed as expected. Traverse City-based LivWell Homes and West Bloomfield Township-based First Holding Management Co. are proposing a 73-unit housing community…
8 Detroit-area construction projects to watch in 2025 Development in today’s Detroit seems to be ever-present: looming cranes, fenced-in construction sites and piles of dirt. Several notable projects are underway — or are set to begin — in 2025. University of Michigan Center for Innovation The University of Michigan broke ground last December for its Center for…
Owning a home is a keystone of wealth… both financial affluence and emotional security.