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New-Home Construction Reaches Highest Level Since 2006

Pro Builder

New-Home Construction Reaches Highest Level Since 2006. New-home construction starts and permits reached the highest level since 2006 in December, according to MarketWatch. Permits for December 2020 were 17% higher than one year ago and up 4.5% Permits for duplexes, triplexes and quadplexes dropped 11.5%.

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Housing Starts Continue to Rise Into the Winter Months After November High

Pro Builder

Starts in 2021 will reach the highest level since 2006, when a reported 1.801 million units were started. From the Census Bureau: Permits, Starts and Completions. Building Permits: Privately owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,712,000.

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January Reports the Most Housing Starts Since 1973

Pro Builder

Single-family authorizations and privately-owned housing units authorized by building permits both increased in January 2022, causing a slight year-over-year increase in total housing starts.

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2020 New-Home Sales Hit 14-Year High

Pro Builder

According to Zillow, last year was the best year for new-home sales since 2006, thanks to low mortgage rates, low inventory, and the pandemic. Expect the future permit and starts pipeline to be quite full this year. A new-home’s attractiveness may have grown due to Americans’ increased awareness on health and wellness. Read More. .

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Back to the Future with “Navigable Waters of the United States”

Green Building Law Update

715 (2006). This is important because all Clean Water Act programs, including non-tidal wetland permits, pollution permits, and oil spill prevention and planning programs, apply only to “waters of the United States.” The justices in the 2006 Rapanos decision were split on how this was to be accomplished.

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Housing Starts Spring Forward in March

Pro Builder

Despite the rising cost for lumber and other building materials, Housing starts for combined single-family and multifamily construction were off to their fastest pace during March since June 2006. Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI).

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2021 Housing Giants Report: An Unforgettable Forgettable Year

Pro Builder

Or maybe one that saw a giant, accelerated leap forward in the use of technology to market and sell homes and adjust to remote working in their own operations and those of suppliers, building inspectors, and permit offices, not to mention homebuyers. Permits were at a seasonally adjusted annual rate (SAAR) of 1.55

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