New home permits in January slightly up from a year ago
 
New home permits in January slightly up from a year ago

Metro Denver area homebuilders pulled 520 permits in January, up from the 497 that were pulled in January 2013, according to the Metro Denver HBA, and as reported by Inside Real Estate News. And while the gain was a small one, mostly due to brutally cold weather and the shortage of subdivisions that are ready for building, it was still a gain.

The good news is demand still outpaces supply. And Jeff Whiton, the HBA's CEO, expects 2014 to trump 2013 in home building activity. He expects to see more diversity in product, ranging from big production builders' increases to smaller, infill builders returning to the market and more custom homes. Read more...



  
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