New Construction rates rise, 2013

According to The Detroit Free Press, new construction permits for single-family homes in Michigan increased by 26% since last year, “keeping pace with the building industry’s upbeat forecast for a 2013 rebound, according to the latest U.S. Census Bureau data”.  The year-over-year increase is even bigger in southeast Michigan, where 2,428 new construction permits (excluding rentals) were issued in nine counties from January through May — a 48% jump from a year ago. This kind of positive news is what keeps Metro-Detroit an attractive place for families. The average value of those homes was $220,000, according to the Home Builders Association of Southeastern Michigan. If you’re looking to build a new custom home, make sure to follow AIA’s guidelines on how to choose an architect. At the RJC, we deliver fast and specialized service to make sure you and your family are in a space that is both comfortable, functional, and accustomed to your taste and preferences.  The article cites “most people are selling their homes” and downsizing. Interestingly enough, we’re seeing the same thing here: people want green systems and less is becoming more.

Source: The Detroit Free Press. For the full article, click here.

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