Real Estate Roundup 7/4/2016

To Rent Or To Buy? That Is The Question
Steve Udelston, Forbes.com

A prospective home buyer needs to remember that buying a home is not only an investment but a highly concentrated, illiquid, leveraged investment.

Historic District Demolitions Eyed To Make Room For Apartments, Retail
Matt Vande Bunte, Mlive.com

More than 80 apartments would be built on the site of a former Social Security office, and a grocery store building would be replaced with housing and retail, according to plans filed with the city.

City Ranks Among Best For Economic Development
Jesse O’Brien, grbj.com

Area Development cited Grand Rapids’ growing biotech and health care industries, numerous economic development initiatives and a diverse manufacturing base as some of the strengths that led to the high ranking.