2008 figures see median price dropping about 3%

By: Mike Trask May 8, 2009

A weak market and lower mortgage rates are helping make homes in St. Charles County more affordable, according to an analysis recently released by the county's Department of Community Development. There also appears to be a trend to build smaller homes in the county. For years many local not-for-profit organizations and some businesspeople have lobbied local officials to take action to spur the construction of low- and moderate-income housing, which advocates of such projects call affordable housing. The marketplace may be doing what government couldn't or refused to do.

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MLM Counties News. Notices. Need-to-know Information.

Homes getting smaller, cheaper

2008 figures see median price dropping about 3%

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