Michigan Real Estate News

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Director of Planning and Development Engages Neighborhoods in Revitalization Efforts

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The director of Detroit Planning and Development, Antoine Bryant, thinks of Detroit as a “city of neighborhoods.” He has reached out to residents to talk about blight, flight and a lack of investment in neighborhoods that have felt left behind while Detroit’s downtown and community corridors have gained attention. Bryant has intentions to grow Detroit with projects that preserver architectural history and value the input of neighbors. In an effort to avoid building up downtown commercial sectors first, Bryant intends to engage neighborhoods as part of the revitalization process. His primary goal is to connect with residents in all of Detroit’s 200 neighborhoods while working through challenges with food deserts, vacant land and safety. 

 

 

Partnership Looks to Grow Greenspace

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A partnership between the city of Grand Rapids and Kent County Drain Commissioner Ken Yonker is focused on developing some much needed greenspace on the city’s Southeast Side. Located at 1516 S Division Ave., the property and an adjacent parcel are two of 11 properties the Grand Rapids City Commission will move forward on. The other nine properties are along Carrier Creek on the city’s Northeast Side. The city plans to turn them into park spaces, while maintaining the storm water management functions that are in place. The parks will focus on recreation opportunities like walking trails, overlooks and benches.

 

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Metro Detroit Housing Market Still Heated

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Metro Detroit’s housing market is still hot for sellers and confounding for buyers, although not as intense as in spring and early summer. The median sales price for houses and condos was up over 7% in October from a year earlier, according to Realcomp multiple-listing service. That figure includes Oakland, Wayne, Macomb and Livingston counties. The amount of on-market listings was down almost 13%, and the average days on the market decreased by 7 days when compared with October 2020. The numbers show that sellers are still benefitting, even though the market has cooled a bit from earlier in the year.