New lots could mean housing boom in Cedar Falls

CEDAR FALLS, Iowa (AP) — Officials say Cedar Falls could be on the verge of a housing boom as empty lots for new homes become available.

The Waterloo-Cedar Falls Courier reports (http://bit.ly/18vFhrm ) that more than 300 residential lots are nearly ready in two developments. Developers have approval from the city’s Planning and Zoning Commission and are making final updates to their plans.

City Planner Marty Ryan says the construction could help the local economy and meet a demand for new homes.

Houses also are being built in other existing subdivisions and more development is planned.

Bob Reisinger, executive vice president for the Waterloo-Cedar Falls Board of Realtors, says there’s demand for more lots and subdivisions in Cedar Falls and Waterloo.

___

Information from: Waterloo-Cedar Falls Courier, http://www.wcfcourier.com

blog comments powered by Disqus