New Lenox Ranked No. 2 in Will County for Housing Starts
In the Chicago region, New Lenox rose from No. 13 to No. 8 in municipal rankings for housing starts.
Mayor Tim Baldermann announced Monday at the Village Board meeting that New Lenox is ranked No. 2 in Will County and rose from the No. 13 spot to No. 8 for the second quarter. A Chicago Metrostudy released figures for the region show that confidence is growing in the housing industry. Only the City of Naperville, the portion that is located within the boundaries of Will County, was ahead by 20 housing starts, said Baldermann. Between June 2011 and June 2012 a total of 85 houses were started in the village. Since January, 92 homes were constructed or at least started. And there is still time in the building season to break ground, she added. The majority of the homes were built by the New Lenox-based Hartz Construction Co. The bulk of …
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Chris
6:02 pm on Wednesday, October 10, 2012
Code and quality standards always need to be upheld, but the practices that led to a runaway housing market should be avoided: inappropriate density, fees, architectural standards. All examples of government policy driving up the price of housing. more ›