April 19, 2024 5:39 am
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Phoenix homebuilding in context

single-level-constructionBy Catherine Reagor | The Arizona Republic

Metro Phoenix’s homebuilding recovery didn’t stall in August like it has at least a few times times since the crash – another strong indicator the recovery is finally on.

New home permits shot up 78 percent in August from the same month a year ago.

That’s a staggering jump in new home construction. Now, before anyone starts worrying about another building boom led by speculators similar to 2005-06’s debacle, it’s important to note homebuilding in the Valley is still running at about a third of the pace of those boom years.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.