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Great News for New Home Construction


New home building permits were up during the month of July, and that makes the building industry cautiously optimistic. Tim Knopp with the Central Oregon Builders Association (COBA) says after so many years of dismal statistics, upward trend numbers are refreshing. "You have to look at the numbers both on an annual basis and on a monthly and quarterly basis to get a trend and the trend is definitely up since last year. So we are cautiously optimistic, assuming at the federal level that they don't do anything to destroy the credit rating or the economy." Knopp says they are seeing an uptick in both new, single homes,  construction, subdivisions and remodeling. He adds that any increase in building is a positive sign for everyone, in all businesses.

 

 

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