Elgin Housing Market Shows Strength in 2013 Numbers

Elgin Housing Market Shows Strength in 2013 Numbers

Elgin ranked number 1 in 2013 housing starts in the Chicago Metropolitan area for 2013. This is according to Metrostudy, the nation’s leadingHousing provider of primary and secondary market information to the housing industry. Housing starts means the number of homes that started construction. Elgin started 299 homes and closed 247. And even better—Elgin was more than 25 percent higher than the the next town on the list, Naperville.

Elgin also issued 343 building permits for single family homes in 2013, which is 75 percent higher than in 2012.

Both housing starts and building permits are leading indicators of a strong market.

If you’d like to live in a new Elgin home, check out Highland Woods, a clubhouse community with homes in every price range. Make an appointment to visit today.

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