Does the concept of house flipping still exist in a chaotic real estate market? For the better part of a decade, the idea of buying a fixer-upper, renovating it and selling it quickly for a huge profit has seemed like a premiere example of the American...
For decades, shopping malls, big box stores and retail centers were designed with one especially abundant asset: parking. Due to a mix of zoning requirements and consumer demand, retail developments throughout northern Michigan and beyond were planned and executed with sprawling parking lots stretching as...
By every metric, 2021 was a whirlwind year for real estate and mortgage lending. Of course, if you live in northern Michigan, you probably already knew that. Our local housing market has rarely been hotter. You didn’t have to go far this year to hear tales...
by Craig Manning Can’t find a home to buy in the midst of the current frenzied housing boom? Consider renovating what you already have. According to Robert David Davis, a local contractor who owns and operates the South Boardman-based construction business Diamondwood, Inc., that’s the mentality that...
by Craig Manning For the past three years, Mike Tucker has been on a roller coaster ride. Such is life for the president and CEO of Kingsley Lumber, a building materials supplier and hardware store that has been serving northern Michigan communities since 1937. When Tucker came aboard...
The first-ever $19.3 million, Traverse City-based FishPass contract awarded by the U.S. Army Corps of Engineers singled out a fourth-generation, local company among a host of national competitors. Weather depending, Spence Brothers Construction could shortly begin the two-year project, which replaces Traverse City's Union Street Dam...
Kingsley, once thought of as a bedroom community to Traverse City, is waking up to residential and commercial growth, with a net gain in new business openings and other signs of renewal. Property developer Terry Beia says Kingsley has much more going for it than just...
From decks to sheds to houses, construction is going to be more expensive for the foreseeable future. It's "a perfect storm" of factors that have caused lumber prices to skyrocket over the course of 2020, says Kingsley Lumber CEO Mike Tucker. [caption id="attachment_59199" align="alignleft" width="272"] Kingsley Lumber...
Imagine that you have all the money you need to build your dream home, but you can't find the carpenter, electrician, plumber, or roofer you need to complete the work. As time goes on, you find yourself outbid for desirable builders and lots. Our region faces this...
The grass isn’t always greener on the other side. But enough businesses from downstate must see green grass in this area, as more and more of them open offices or outlets in this area. But what do those in the Motor City – or for...
