Freshwater Development Brings Luxury Real Estate to Traverse City's Climate-Resilient Market

May 29, 2025

Freshwater Development Brings Luxury Real Estate to Traverse City's Climate-Resilient Market

Michigan’s stable climate and abundant freshwater are turning heads in the real estate world, particularly among buyers thinking decades ahead. Andrew McCarthy, founder of Freshwater Development, sees the state as an increasingly attractive option for those weighing long-term risks like insurance affordability and climate resilience.

“Michigan has a very moderate climate that remains stable. When considering a 30-year horizon for home ownership, including factors like insurance availability and affordability, Michigan appears on many people’s radar given its proximity to one of the world’s largest freshwater resources,” McCarthy explains.

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