New Construction On The Rise in Oxford MI

By
Real Estate Broker/Owner
https://activerain.com/droplet/LNK

New construction on the rise in Oxford MI.

It's not all economic doom and gloom out there as evidenced by some encouraging housing figures from the Oxford Township Building Department. The number of Certificates of Occupancy (CO) issued for new residential construction this year has almost doubled compared to last year.

New construction on the rise in Oxford MI.As of 11/01/2012, the township has issued 21 CO's. Last year, it only issued 11. Oxford Village has a bit of good news, too. Currently, it has 3 new homes under construction in the Oxford Lakes subdivision. These are the first new homes to be built in the village in about 4 years.

Permits to begin construction on 32 new residential projects were issued by the township this year. That includes the aforementioned 21 CO's. All but 4 of this years CO's were issued for homes in subdivisions within Waterstone. The remainder were for the Willow Lake Subdivision.

Prior to this year, the issuance of CO's was trending downward in the township. In 2009, 37 were issued. That dropped to 19 in 2010 and 11 last year.

One of the things helping to contribute to this new construction is that word is spreading regarding all the positives about Oxford. It's a beautiful place to live, terrific schools, great parks, great fire department, affordable housing and vibrant downtown. It all adds up to a nice place to live.
references: oxford leader, c j carnacchio

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Michigan Oakland County Oxford
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