New Home Permits Increase
October 12th, 2009
The Cincinnati Enquirer is reporting that new home building permits are on the rise. A good sign that the market is finally easing up a bit. While the total number of new home permits has increased, the overall value of new homes has decreased. In Norther Kentucky the average permit value has dropped by about 22 percent. Not surprising as builders are scaling back on size and amenities. But a good sign nonetheless.
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