Lexington Co. Council pauses construction of new large-scale neighborhoods, relators react
Lexington Co. Council pauses construction of new large-scale neighborhoods, relators react By Drew Aunkst | April 19, 2021 at 11:34 PM EDT - Updated April 19 at 11:34 PM
LEXINGTON COUNTY, S.C. (WIS) - Lexington County Council is putting a stop to the construction of new large-scale residential neighborhoods in unincorporated areas of the county.
âLexington County is exploding in growth right now. For example, in 2020 we approved 2,200 new lots, thatâs 2,200 new homes potentially 4,400 new cars on the road all the time,â said Councilmember Beth Carrigg.
The moratorium will prevent applications and the processing of applications for residential subdivisions with 10 plus lots, or with lots averaging less than ½-acre, as well as apartment complexes.
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Lumber prices skyrocketing, and taking home prices with them
Lumber prices skyrocketing, and taking home prices with them By Chris Joseph | April 15, 2021 at 6:16 PM EDT - Updated April 15 at 6:40 PM
COLUMBIA, S.C. (WIS) - Lumber is a crucial part of many homes, and a short supply is making those homes more expensive.
The National Association of Home Builders reports the price of lumber has climbed 180% since last spring.
Association data shows 1,000 board feet went from roughly $400 in June 2020 to $1,100 in April.
Leaders with the
In Richland and Lexington Counties, Consolidate Multiple Listing Service
data shows the median price of homes went from $189,900 in March 2020 to $218,000 a year later. That’s a 14.8% jump.
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