Wednesday, January 30, 2013

New home construction expected to increase in 2013

2012 saw 11,615 new homes started and built in Metro Phoenix, that's more than any year since 2007.  Analysts believe we could see 16,000 homes built this year.

That's no where near the boom of 2005 and 2006 when 60,000 homes where built in each year.  No one really wants to see that happen again.

I like to think the public is wiser and won't let that happen again.

There are some new condominiums being built, Portland 2.  These conominums located in downtown Phoenix, are the only ones currently being built south of I-10. 

There are still many homes on the resale market and they are selling fast.  There are currently about 150 homes and condos on the market in the Downtown and Mid Town area of Phoenix. 

2 comments:

  1. I'm interested in your new home construction. Can I see the finish houses? I'm sure to be back here for more updates. Anyway looking for more New Homes in Central Valley? Check us here.

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  2. True, indeed, the home construction industry is on the rise. Many people begin home construction with plans on their mind such as construction of Etched Glass

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