Record number of building permits pulled in 2017
Posted by Breckenridge Associates Real Estate on
“According to the Summit County Building Inspection Department's 2017 summary report, the number of permits for single family and multi-family issued by the department skyrocketed to 852 in 2017 after the county issued 710 in 2016 and 644 in 2015.” -Summit Daily News, February 1, 2018. A big jump in building permits is another signal of the strength of the current Summit County real estate market.
The signal is two fold. One is that available homes for sale are selling and so people who want to live in Summit County are deciding to build. The large number of permits also signal that people feel that the local labor, design and construction costs will amount to something that the market will bear when the homeowner/builder chooses to sell. It almost…
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