{"id":28252,"date":"2025-12-29T10:05:54","date_gmt":"2025-12-29T16:05:54","guid":{"rendered":"https:\/\/www.lakehomes.com\/info\/?p=28252"},"modified":"2025-12-29T10:13:04","modified_gmt":"2025-12-29T16:13:04","slug":"crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market","status":"publish","type":"post","link":"https:\/\/www.lakehomes.com\/info\/lifestyles\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market","title":{"rendered":"[Crain&#8217;s Grand Rapids Business] Traverse City airport expansion fuels Northern Michigan vacation homes market"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-1024x768.jpg\" alt=\"\" class=\"wp-image-28253\" srcset=\"https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-1024x768.jpg 1024w, https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-300x225.jpg 300w, https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-768x576.jpg 768w, https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-1536x1152.jpg 1536w, https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-2048x1536.jpg 2048w, https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-320x240.jpg 320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=8402214\" target=\"_blank\" rel=\"noreferrer noopener\">By Rachel Kramer &#8211; originally posted to Flickr as Lake Michigan \/ Sleeping Bear Dunes, CC BY 2.0<\/a><\/figcaption><\/figure>\n\n\n\n<p>Real estate brokers report that the growth of&nbsp;Traverse City airport&nbsp;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.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-background\" style=\"background-color:#ededed\">&#8220;Glenn Phillips, of\u00a0<em>Lake Homes Realty<\/em>, said he expects sellers will begin to price properties more reasonably in 2026 and beyond as they realize the COVID-19 era prices \u201caren\u2019t real anymore.\u201d\u00a0&#8221; &#8211; <em>Crain&#8217;s Grand Rapids Business<\/em><\/p>\n<\/blockquote>\n<\/blockquote>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-freshwater-blue-background-color has-background wp-element-button\" href=\"https:\/\/www.crainsgrandrapids.com\/news\/real-estate\/traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">READ MORE<br \/>(Paywall)<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate brokers report that the growth of&nbsp;Traverse City airport&nbsp;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.<\/p>\n","protected":false},"author":25,"featured_media":28253,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17716,3],"tags":[17877,17879,7712,9297,139,33,16127,13674,15082],"class_list":["post-28252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","category-advice_and_tips","tag-2026-real-estate-market-outlook","tag-crains-grand-rapids-business","tag-lake-michigan","tag-lake-properties","tag-lake-real-estate","tag-real-estate","tag-real-estate-market","tag-traverse-city","tag-traverse-city-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>[Crain&#039;s Grand Rapids Business] Traverse City airport expansion fuels Northern Michigan vacation homes market<\/title>\n<meta name=\"description\" content=\"Get insights into the 2026 real estate market. Experts discuss expected trends, affordable homes, and market challenges ahead.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lakehomes.com\/info\/lifestyles\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Crain&#039;s Grand Rapids Business] Traverse City airport expansion fuels Northern Michigan vacation homes market\" \/>\n<meta property=\"og:description\" content=\"Get insights into the 2026 real estate market. Experts discuss expected trends, affordable homes, and market challenges ahead.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lakehomes.com\/info\/lifestyles\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\" \/>\n<meta property=\"og:site_name\" content=\"Lake Homes Realty Articles and Info - LakeHomes.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LakeHomesRealtyLLC\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-29T16:05:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-29T16:13:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lakehomes.com\/info\/wp-content\/uploads\/2025\/12\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1920\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Linda Thach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lakehomesrealty\" \/>\n<meta name=\"twitter:site\" content=\"@lakehomesrealty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Linda Thach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\"},\"author\":{\"name\":\"Linda Thach\",\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/#\\\/schema\\\/person\\\/7c352972544a67173c99cc72e564775d\"},\"headline\":\"[Crain&#8217;s Grand Rapids Business] Traverse City airport expansion fuels Northern Michigan vacation homes market\",\"datePublished\":\"2025-12-29T16:05:54+00:00\",\"dateModified\":\"2025-12-29T16:13:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\"},\"wordCount\":114,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-scaled.jpg\",\"keywords\":[\"2026 Real Estate Market Outlook\",\"Crain's Grand Rapids Business\",\"Lake Michigan\",\"lake properties\",\"lake real estate\",\"real estate\",\"real estate market\",\"traverse city\",\"traverse city real estate\"],\"articleSection\":[\"Media\",\"Real Estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\",\"url\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market\",\"name\":\"[Crain's Grand Rapids Business] Traverse City airport expansion fuels Northern Michigan vacation homes market\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/lifestyles\\\/crains-grand-rapids-business-traverse-city-airport-expansion-fuels-northern-michigan-vacation-homes-market#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lakehomes.com\\\/info\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/2880px-Lake_Michigan_Sleeping_Bear_Dunes-scaled.jpg\",\"datePublished\":\"2025-12-29T16:05:54+00:00\",\"dateModified\":\"2025-12-29T16:13:04+00:00\",\"description\":\"Get insights into the 2026 real estate market. 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