Jun
30

Horry County Builders Gaining Confidence

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All you have to do is ride through any unfinished subdivision in Horry County and you can see why area home builders are feeling more confident about their future than they were last year at this time. In many places, too, it’s not one isolated home under construction, but rather multiple homes in the same development.

Consider the statistics from Horry County. In May, the county issued 221 residential building permits versus 186 in May 2013, an jump of 19 percent. The revenue the county got from those permits rose 21 percent to $225,312.

The county doesn’t individually report the value of one construction segment, and the value of all construction permitted during the month dropped by 14 percent.

The drop, though, undoubtedly was a reflection of a 77 percent drop in commercial construction permits.

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