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Monday, September 17, 2007

Livingston County Leads The State In Housing Growth

On Friday, September 14, 2007 the Livingston Community News reported that despite a slowdown in the housing growth throughout Southeast Michigan, Livingston County remains the leader in growth in Michigan.

The number of housing units in Livingston County rose over 20 percent over the last 6 years, from 2000 to 2007. Census figures also indicate that the average price of a home grew more than twice the rate of household income in Livingston County since 1990.

However, the recent economic downturn is taking it's toll- in the one year period between July 1, 2005 and July 1, 2006, Livingston County saw housing growth slow to just more than 2 percent.

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