According to a report just released by the Census Beaureau, permits being issued for new single family homes are still nowhere near where they were before the bubble burst. I reviewed this entire report and compiled information from it and all of the annual reports back to 2004 in order to determine where we stand in the state of Ohio. I really wanted to know just how low the permit numbers were because I have a theory about how this could be good news for the future of new home construction.
New Home Construction - Out with the Old
A little background about me - I was highly involved in single family residential construction for over 15 years which was followed by 4 years of representation of new home builders. I am intimately aware of the good and bad of builders, materials, and subcontractors who have been and are involved in the construction of homes.
You might ask me how I can think that the reduction of an industry to less than half of itself could be a good thing. My... read full post