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Make yourself at home in the Tri-State with local Realtor Todd Nelson. Find out current market conditions in the area, what to do to prepare your home to sell, remodeling tips to maximize value, where new subdivisions are being built, about current interest rates and more.

Thursday, February 21, 2013

New Construction Starting Off Better in 2013



Nationally there are positive signs in the real estate market.  When reviewing recent home construction, building permits are up so far in 2013.

According to a recent story from CNN Money, Home Construction has started off real well this year.  In January 2013, builders filed for the greatest number of permits in more than four years.

Builders filed for permits at an annual rate of 925,000, up about 2% from December and up 35% from last year.  January was the best month for permits since June 2008.  

Interest rates remain low and spring is just around the bend.  If you are considering building a new home, right now may be a great time to consider building your dream home.  Call a local Realtor today or Home Builder to learn more about what options are available in the Huntington area.