Published at: 2015-03-30 11:08 | Author: David Karch - CIJ Florida
Residential home construction in Florida is about halfway back if you go by the pre-recession numbers. Polk County builders pulled 9,000 new home building permits in 2005. The same year Orange County builders pulled 11,000.
Fast forward to 2010 and less those numbers had plummeted to just 900 permits were pulled in Polk and a mere 2,000 in Orange. In 2013, the last year for which numbers are available, Polk County builders rebounded by pulling 1,200 with Orange County builders pulling 4,300 permits.

Specifically which areas are rebounding or growing is a matter of contention. Kim Foy, President of Southern Home Traditions, a builder based in Orlando, says that urban infill is a serious growth area. “People are w...

Similar Stories:

Meadow Parnters buys Rocket Factory Lofts in Brooklyn for $61m
Meadow Partners has closed on the disposition of a market rate rental property in Brooklyn  »
NYC starts construction of $72m Nevins Street Apartments
A $72 million affordable and supportive housing redevelopment project, the Nevins Street A  »
Jacksonville apartment complex sells for $35.2m
The Mission Springs apartment complex in Jacksonville has been sold for $35.2 million. The  »
Lantower Residential buys $74.7m Orlando multifamily asset
Alta Grande, a recently completed 314-unit multifamily community in Orlando, Fla. has been  »
Hurricane Hermine had the entire state of Florida on the edge of its seat in September. It   »
South Florida’s condo market is readying for a soft landing rather than the crash that m   »
There are approximately 17,000 units in Miami in presale, sold or under construction. Abou   »
The same year Orange County builders pulled 11,000. Fast forward to 2010 and those numbers   »