McClatchy-Tribune Information Services
Dec. 19--Like the Somerville and Priceville areas of Morgan County, Trinity's residential housing market is growing.
Realtor Leighann Turner of RE/MAX believes the reason is that people want to be closer to the industries near Trinity.
She also believes U.S. Department of Agriculture Rural Development Loans have fueled growth in Priceville, Trinity and Somerville.
"Most people didn't know about the program, which has gained in popularity the last couple of years," she said. "They are zero down payment with low private mortgage insurance. Until two months ago, there was no PMI at all. Now it is still much less than any other mortgage."
Turner said area residents have been fortunate compared to surrounding states and larger markets.
"I think it's because of our industries," she said. "Our real estate is still the soundest investment you can make."
Kent Hollingsworth developed Mountain Cove subdivision off Mountain Home Road in Trinity and has 16 of 44 lots left in the subdivision. He said he has finished 17 homes.
Hollingsworth said a lot of Lawrence County residents are moving into Mountain Cove.
Trinity Mayor Vaughn Goodwin is excited about his town's future.
"We think we're going to start seeing more movement in residential building in the spring," he said.
Two other older subdivisions along Mountain Home Road, Blakely Estates and Hidden Creek, offer opportunities for homeowners.
Jason Owens continues to build in Stone Village beside West Morgan Elementary School on Old Alabama 24, and lots are available in Greenway Place at Ghost Hill and South Greenway drives.
In addition to residential building in Trinity, Goodwin has another reason to be positive.
Dirt Road BBQ opened last week in a seven-business strip mall on Gordon Terry Parkway.
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