Mar
10

No Residential Permits in February for Summerville

By
– The Post and Courier

The bottom dropped out of the housing boom in February with a loud thud. For the first time in anybody’s memory, the town did not sell a single residential building permit in a month.

“Zero,” Mayor Berlin Myers told Town Council succinctly.

That’s little more than a year after Summerville was the fastest growing municipality in the booming Charleston area, selling permits at a record pace. With $400,000 budgeted for building permit revenue this year, the town has received $22,000 so far, mostly from commercial building. By this time last year, it had $78,000, said Tina Plymel, finance director.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.charleston.net/news/2009/mar/10/no_residential_permits_feb74427/
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