Fewer Lots Available; Total Dollar Value of New Construction Rises 4.8 Percent in 2017
Murfreesboro’s Single-family permits and New Commercial development declined in 2017 but residential construction by dollar value in the same period increased 15 percent. “Permitting of new single-family homes in Murfreesboro dropped somewhat in 2017 as lot inventory failed to keep pace with demand and a growing number of potential first-time homebuyers seek to live in…