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ISSUE: National headlines about the economy
The national housing market news this week was that the number of foreclosures is likely to skyrocket in coming months and housing starts were down —headlines that have appeared regularly since 2008.
But that’s “there,” not here.
Last Sunday, The News-Enterprise reported that home sales in Hardin and surrounding counties were up 23 percent last year, the average price of homes sold was up 14.6 percent and the average number of days on the market was down 17.
This week we detail a multi-million dollar increase in construction spending.
Elizabethtown and Radcliff coffers are growing along with construction.
Last year in Elizabethtown:
In the meantime, anecdotal reports are that apartments are rented as soon as they become available, and Fort Knox officials fret that hundreds more single family home priced at less than $150,000 are needed. So there’s still work to be done.
All that construction means jobs, and not just in the building trades. Revenue is growing. Unemployment is better than state and national averages. Educational opportunities are growing right along with housing. There are fresh faces in offices, and the “visioning” project of Hardin County United is showing results.
So when there’s negative news from Washington and financial capitals, take solace in knowing that every market is different.
It’s good to invest in Hardin County.
It’s good to be in Hardin County.
This editorial represents a consensus of The News-Enterprise editorial board.