Homebuyers gravitate to Groton
21 Jan 2022
In mid-October 2021, Kimberly Drelich, staff writer at The Day, wrote an article with some encouraging economic news for Groton: "Housing study: Groton will face significant housing demand over next decade," the headline read. There was only one problem. Heightened homeowner demand needs a healthy supply of homes, but for Groton, that may be a challenge now and in the foreseeable future.
As Drelich explained in the article, the alarm bells rang when an economic development firm produced a study suggesting that the number of homes — and the range of housing types — are insufficient for growing demand. There are simply more people who'd like to relocate to or within Groton than there are houses for sale.