Central Valley Home Building Up
Central Valley home builders pulled permits for 587 new homes during the first three months of 2013 compared to 425 for the same period a year earlier. The figures come from Construction Monitor for Madera,Fresno,Kings and Tulare Counties.
Lennar Homes continues to lead the pack of home builders permitting 117 new homes in the region in the first quarter of the year compared to 74 for the first three months of 2012 when they were also the top builder.
Visalia new home building permits numbered 75 so far this year says the city compared just 34 for the first three months of 2012,showing the pace more than doubled. The city total building valuation is up 67% so far this year at $33.2 million compared to $19.8 million for the first quarter of 2012.
CENTRA COAST HOME PERMITS DOUBLE LAST YEAR’S PACE
Led by San Luis Obispo County the Central Coast saw new home building permits more than double in the first three months of 2013, Construction Monitor reports.
In the SLO/Santa Barbara two-county region contractors received 182 new home permits compared to 91 for the same period in 2012.
Of that, SLO County has been busier. For the first quarter of 2013 SLO County builders got permits for 123 new sf homes vs 66 for the same period in 2012. Shea Homes is the busiest builder with 32 units.
Builders also got permits for 156 units of multi-family so far this year compared to just 21 units in the first three months of 2012.