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RSI’s Gibson: City’s housing market ripe for development

Mount Vernon’s housing market is ripe for a developer/builder approach as real estate agents report “begging” for quality new construction, according to a study completed for the Franklin County Industrial Foundation and Mount Vernon Economic Development Corporation boards over the past two months.

Cassie Gibson, senior vice-president with Residential Strategies Inc. (RSI), a Dallas based new home market research and consulting firm, presented a compressed overview of the study’s findings at a meeting of Foundation board and representatives from April 14. For details from the report, see the April 20 edition of the Mount Vernon Optic-Herald.