Orange County Building Permits Are Down

Orange County Builders had their worst year lowest number of permits since records have been kept in 1946.

• Only 2177 permits were taken out for new home, condos and appartment building according to the Construction Industry Research Board.

According to the Board:

• There were only 1335 permits for new single family homes.
• That is the second lowest number of single family homes since 1955.
• Single family home permits up 36 units over 2008.
• There were only 842 permits for multifamily units.
• That is the second lowest number of multifamily units since 1955.

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

http://www.markandtim.com/

949-282-2521

Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!