Jul
20

Home-Building Permits Rise in Columbia

By
– The State

Signaling a bright spot for the ailing housing market, Columbia-area builders took out 18 percent more permits for new houses in June than the same month the previous year.

It was the first time in 18 months the region saw an increase in monthly permits. The last monthly increase was in December 2007, when permits were up 27 percent from the previous year.

Since then, permits have plummeted as builders struggled with high inventory and a tightening credit market.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thestate.com/business/story/868746.html
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