Real Estate Roundup 6/22/17

Salvation Army of Holland breaks ground on addition to building
Dominick Mastrangelo mlive.com

"The soon-to-be-constructed 20,000-square foot addition will allow for more classroom space, a gymnasium and worship center. The project is expected to cost close to $4 million in total."

Homes are selling at a record-setting pace … again
Diana Olick cnbc.com

"Denver led the nation in fastest sales, with nearly half of its new listings going under contract in just six days. Seattle came in second at seven days, and Grand Rapids, Michigan; Portland, Oregon; and Omaha, Nebraska; rounded out the top five."

Apartment concerns aside, commercial real estate outlook remains strong
Nick Manes mibiz.com

"With minimal inventory and high occupancy, downtown Grand Rapids and its surrounding neighborhoods still have more than a thousand units under construction or in various stages of development."