Region improving despite county dip in homeownership

A smaller percentage of Johnson County residents owned homes following the recession, though economists and a local real estate agent believe the county’s housing market already is improving.

Between 2010 and 2012, about 73 percent of area residents owned homes, which was down from the rate of about 74 percent between 2007 and 2009. The median value of homes also fell, from $144,700 between 2007 and 2009 to $143,500 between 2010 and 2012, according to data from the American Community Survey, which is conducted by the U.S. Census.

Other central Indiana counties actually saw slight improvements in either the rate of people owning homes or home values.

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