Newton Department of Housing and Zoning hopeful for growth in 2013
This year projects to be a big year for local home construction. The Newton Department of Housing and Zoning thinks the positive results from 2012 are an indication of possible success. The Newton Board of Realtors had an increase in sales and the Newton Housing Development Corporation has some elaborate ideas for housing in 2013.
“In 2012, five building permits were issued for new-construction homes for a combined total valuation of $970,000,” said Erin Chambers, director of Planning and Zoning. “I’m not sure about a prediction for 2013, but given the positive momentum we are seeing in the community, overall pent-up demand, and an improving economy I would hope for an increase over 2012.”
However, new construction would serve no purpose if the Newton housing market wasn’t in a stable position. Geri Doyle, co-owner of the Doyle & DeVoe franchise of Iowa Realty, offers some insights onto the current housing market in Newton.
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