The Commerce department reported in late August of 2016 that new home sales jumped by 12.4% in July which brightens the housing market outlook and points to sustained momentum for the sale of new homes.

In the Toledo market, this increased demand may make it difficult for buyers to find quality building lots since new development starts have lagged in recent years. To address this shortage of prime building lots Moline Builders recently opened King Acres in Sylvania Township and is taking lot reservations for Coder Cove, a premier large lot development in Monclova Township. Learn more at