I live in a new development near Grand Haven. It is ultimately designed for around 500 homes, but so far has only filled less than 10 percent of the lots. Obviously, things have been slow here, but the good news is that they have not ground to a complete halt. We continue to welcome new neighbors at a regular pace and the activity in the neighborhood has picked up. The developer, Eastbrook Homes, is committed to the neighborhood and has begun construction on a clubhouse and pool.
While the nation is mired in a real estate slump, Grand Rapids is apparently on the better end of things. It is listed as one of the 10 fastest growing real estate markets in the country on CNN.com. Maybe that's why Eastbrook Homes is bullish about our neighborhood.