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MoneyTalks - > Money Talks -> Building at a crawl
Building at a crawl

The number of building permits pulled in the Bakersfield metropolitan area continues to be low, according to a recent report prepared by Howdy Miller, the director of commercial marketing for Ticor Title in Bakersfield.

According to Miller, 479 residential buliding permits were taken out between January and March, down from the 694 permits pulled during the same time last year.

And the first quarter tally is a 65 percent decline from the 1,380 permits pulled during the same months in 2006, Miller's reports show. Numbers were high in the same months of 2005 and 2004 too -- 1,249 and 1,240, respectively.

Here are the top 5 builders by permits pulled, January to March 2008, according to Miller:

-Standard Pacific: 92 (all in March)

-Lennar Homes: 56

-McMillin Homes: 54

-K. Hovnanian: 37

-Centex: 31

-Vanessa Gregory, staff writer

Posted in these Groups:
Topics: building permits, construction, bakersfield, Real Estate Market
posted by MoneyTalks on Wednesday, April 23, 2008 at 04:14 PM
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