Maricopa homebuilding takes 40% hit

Maicopa-RED-Sign-4-11-e1399583524288By Kathleen Stinson | inMaricopa.com

New-home construction is down compared to last year, reflecting a trend occurring across the Valley.

The city of Maricopa issued 54 single family home permits in April of 2013 compared to 36 this April, according to the Home Builders Association of Central Arizona, which compiles these statistics across the metro area.

“We’re hoping home construction will pick up, but we’re not seeing it this year as compared to last,” said Robert Mathias, development manager for the city of Maricopa.

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