The San Diego Union Tribune reports San Diego County is expected to build more homes this year than the county’s previous years. In 2018’s first six months, there were 6,953 residential permits issued, a 64% increase from the same time last year. The county has seen the largest increase in home building of the southern California counties, including Los Angeles County with a 37% increase and Riverside County with 20%.
“Our people are all working,” said Murtaza Baxamusa, director of planning and development for the local Building Trades Council. “The cranes are towering, the steel is going up. There is a lot of work right now. The market is relatively strong.”
San Diego County’s increase partly stands out because of a major drop off in building at the start of 2017. But, it is on track to possibly be higher than the previous years. The county issued 9,975 residential permits in 2015, 9,972 in 2016 and 9,580 in 2015.
Although going over the 10,000 mark would be notable compared to past years, it still falls short of the housing boom years. In 2004, there were 17,306 residential permits issued in San Diego County and 15,258 in 2005.Read More