New Construction

Often the mark of the current health of a real estate market is thought to be, “how many new construction homes are being built?” This illustrates exactly how good the Will County market is doing at the current time. New construction, single family homes are up over 20% from a year ago at this time!

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New Construction Sales

by Jim Ludes on January 28, 2014

in General

When the market crashed, new construction sales went with it. Or maybe, when new construction sales crashed- the market went with it. Depends how you look at it. The graph below shows what sales of new construction homes in Will County have done in the past several years. The graph below THAT shows a little further back- to when trouble was just starting. Both graphs are telling. It’s improving….but still far from where it was.

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