Tuesday, August 24, 2010

NEW HOME CONSTRUCTION ON THE RISE !!!

New home construction permits are up substantially this year to date for the first 6 months of 2010. For the last 3 years LaSalle has averaged just under 38 new home permits for the first 6 months of each year. For the first 6 months of 2010 there have been 74 new home permits which is almost double. This is great news.

To date we have lost 93 properties to the new DRIC highway. They are not all residential homes but the majority are. We do not know where all these tax payers have relocated but it is safe to say that a number have relocated into LaSalle either by buying an already existing home for sale on the real estate market and by the looks of the increase of new homes being built it tends to leave the image that others must be opting to build new homes again in LaSalle. I don't believe that the economy has picked up enough to justify the substantial building increase. I believe people are staying in LaSalle because they want to be here. What do you think?

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