Real estate brokers report that the growth of Traverse City airport has contributed to a fourfold increase in waterfront home sales over the past seven years. This upward trend is anticipated to continue as the airport prepares for a $120 million expansion scheduled for 2026.
“Glenn Phillips, of Lake Homes Realty, said he expects sellers will begin to price properties more reasonably in 2026 and beyond as they realize the COVID-19 era prices “aren’t real anymore.” ” – Crain’s Grand Rapids Business