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Local housing starts should meet demand as permits skyrocket

Housing starts locally will come close to meeting the demand this year, according to a leading area economist. New building permits are running ahead of last year; permits totaled 1,217 through July 2012, increasing to 1,757 for the first seven months this year, a jump of 44 percent. Fred Crowley, economist with UCCS, tracks supply… Continue Reading Local housing starts should meet demand as permits skyrocket

  The latest signs of a rebound in the housing market and a handful of better earnings reports were enough to bring buyers back to the stock market Wednesday.   The Dow Jones industrial average rose 69 points to 12,874 in the first 1 ½ hours of trading, overcoming an early deficit of 50 points.… Continue Reading Jump in housing starts, earnings send stocks up

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Housing starts drop, permits rise

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WASHINGTON (AP) – Construction of new homes dipped unexpectedly last month as bad weather hit much of the country. Applications for future projects, however, soared in a sign the industry is ramping up after a debilitating bust. The Commerce Department said Wednesday construction of new homes and apartments fell 4 percent in December to a… Continue Reading Housing starts drop, permits rise

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