SYCAMORE – Home building is making a comeback in Sycamore.
City Hall has issued the most permits for building new homes in six years, although it’s still a far cry from the numbers they saw before the housing bubble burst.
As of Thursday, the Sycamore Building and Engineering Department has issued 25 building permits for single-family homes, said John Sauter, Building and Engineering director. The permits were issued for homes in subdivisions including Reston Ponds, Sycamore Creek, Heron Creek, North Grove Crossings and Krpan’s Parkside Estates.
The home building activity is a positive sign, Sauter said.
“We’re excited to see those numbers increase, and we’re hopeful that would continue into next year,” he said.
Sauter said this year’s 25 permits are the most the city has issued since 2007, when it granted 75. The number of permits declined until 2010, when 19 permits were issued. More permits could be issued by the end of the year if the weather is good enough for construction, he said.
Building department officials issue building permits to people or contractors who want to construct a home in the area. The permits are issued after building plans are reviewed and found to comply with the local zoning code, Sauter said. Most of the applications for building permits have been coming from general contractors, Sauter said.
Sycamore Mayor Ken Mundy thinks the number of single-family home permits issued for this year is excellent for the community, adding he will be grateful for whatever impact they have on local businesses.
“When houses are built, it affects so many businesses down the line,” he said.
However, he doesn’t see it as a sign of a booming housing market because there are still reports of foreclosures. But the amount of permits issued for this year shows signs of life, he said.
“It’s a mixed bag, but we remain cautiously optimistic,” he said.