Johnson County- more building permits in the form of remodels and additions

By Scott Hamele

“Johnson County catches its breath as recession slackens from go-go growth pace.”  
Click here to read more about this article in the Kansas City Business Journal.   
 
Some interesting comparisons and facts courtesy of the Kansas City Business Journal; about the residential multi-family and housing markets in Johnson County and Kansas City, MO:
    – 198 square miles of incorporate land in Johnson County, which is slightly less than half of the space in the county itself
    – $723 is the average apartment rate in Kansas City for 2011
    – $979 is the average apartment rate in south Overland Park in 2011
    – 16.1% is the apartment vacancy rate in southwest Kansas City in 2011 
    – 4.2% is the apartment vacancy rate in south Overland Park in 2011 
    – 8,384 is the number of housing permits issued in Kansas City in 2006
    – 2,301 is the number of housing permits issued in Kansas City in 2011