San Diego Short Sale Blog!

California new-home production rises in January
Statistics compiled by the Construction Industry Research Board (CIRB) show homebuilders pulled permits for 2,979 total housing units in January, a 49 percent increase compared with January 2008 but an 18 percent decline compared with December 2009.   Permits for single-family homes totaled 1,908, a 50 percent increase compared with the same period a year ago but down 28 percent compared with the previous month.  Multifamily permits totaled 1,071, up 45 percent compared with a year ago and 11 percent compared with December.

Ben Bartolotto, research director for CIRB, noted that the monthly decreases from December to January were typical as January is usually one of the weakest months for housing starts. He also noted any enthusiasm for the year-over-year increases seen in January should be tempered with the fact that the numbers for January 2009 posted the lowest annual rate on record.

CIRB is forecasting a modest recovery for 2010, with permits being pulled for 52,000 total units, up slightly from the record-low 36,289 permits pulled in 2009.

Posted by Clay Gosnay on March 3rd, 2010 10:06 PMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Clay Gosnay - President

Cell: 619-663-9268

Email: Clay@CityfiedRealty.com

CA DRE License #01387440


CityFied Realty Inc. #01887664 1625 Hotel Circle S San Diego, CA 92108
Phone: Fax:

4S Ranch Short Sale | Alpine Short Sale | Allied Gardens Short Sale | Bay Park Short Sale | Bonita Short Sale | Cardiff Short Sale | Carlsbad Short Sale | Carmel Mountain Short Sale | Carmel Valley Short Sale | Chula Vista Short Sale | Clairemont Mesa Short Sale | Coronado Cays Short Sale | Coronado Short Sale | Del Cerro Short Sale | Del Mar Short Sale | Downtown Short Sale | East Lake Short Sale | El Cajon Short Sale | Encinitas Short Sale | Escondido Short Sale | Golden Hill Short Sale | Hillcrest Short Sale | Imperial Beach Short Sale | Kensington Short Sale | La Jolla Short Sale | La Costa Short Sale | La Mesa Short Sale | Lakeside Short Sale | Leucadia Short Sale | Mira Mesa Short Sale | Mission Bay Short Sale | Mission Beach Short Sale | Mission Hills Short Sale | Mission Valley Short Sale | North Park Short Sale | Ocean Beach Short Sale | Oceanside Short Sale | Pacific Beach Short Sale | Point Loma Short Sale | Poway Short Sale | Ramona Short Sale | Rancho Bernardo Short Sale | Rancho Santa Fe Short Sale | Rancho Penasquitos Short Sale | San Carlos Short Sale | San Elijo Hills Short Sale | San Marcos Short Sale | Santaluz Short Sale | Santee Short Sale | Scripps Ranch Short Sale | Solana Beach Short Sale | Sorrento Mesa Short Sale | South Park Short Sale | Spring Valley Short Sale | Talmadge Short Sale | Tierrasanta Short Sale | UTC Short Sale | Valley Center Short Sale | Vista Short Sale | Orange County Short Sale | Riverside County Short Sale | Los Angeles Short Sale

Copyright © 2012 CityFied Realty Inc. #01887664
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.