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Hall residential home construction rising, but still far from its peak
0620homes1
New home construction continues Wednesday afternoon in the Mundy Mill subdivision in Oakwood. Signs with homes under contract are erected on many of the homes still in the construction phase.
Demand is driving new residential housing construction in Hall County, but it will take a few more years to reach prerecession levels. Hot spots for new home construction include the Cresswind at Lanier, Mundy Mill, Sterling on the Lake and Village at Deaton Creek subdivisions, said Gainesville real estate executive Frank Norton Jr. Hall County’s annual new home starts are about 340, a big decrease compared with 2,400 new home permits in 2006. But Norton points out that in the first quarter of 2009, 18 houses were permitted, compared with the first quarter of 2013, when permits were issued for 95 homes.