HBA of Metro Denver releases January permit figures.
Single-family detached homes rise by 56%.
Water, labor and entitled land are concerns going forward.
Denver-area home builders started out the year on a strong note, as they struggle to meet consumer demands for new houses in a market with a record-low inventory of resale homes.
“Anyone who is sitting on the fence right now, better get off the fence and buy,” S. Robert [...]
?With a declining inventory and low-interest rates, the time is right to push forward and provide fresh options in the market,” Ray [...]
“This is a sign that the recovery is happening, slowly but surely,” S. Robert August. [...]
“It goes back to that old classic saying – homebuilding will help us out of the recession,” Jeff [...]
“That Richmond continues as the No. 1 builder is not surprising,” Mike [...]
Richmond American Homes busiest builder in Denver [...]
“Any recovery at all in residential permit activity will provide a tremendous benefit to the industrial market,” Jason [...]
Century Communities pulled the most building permits in the first quarter of this year, with 68. Richmond American Homes of Colorado was not far behind with 64, shows a report released today by the HBA of Metro Denver. Last year, Richmond was by far the single largest home builder in the metro area, pulling 721 [...]
“Builders got a little ahead of the game at the end of last year,” Mike [...]