A monthly newspaper for real estate agents/brokers, builders, developers and remodelers in Duval, Clay and St. Johns counties.

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Permits up, builder confidence at 11-year high

*The NAHB/Wells Fargo Housing Market Index is strictly the product of NAHB Economics and is not seen or influenced by any outside party prior to being released to the public. HMI tables can be found at nahb.org/hmi. More information on housing statistics also is available at housingeconomics.com. Source: Permit data provided by Wolfe Jackson, The Resource Group LLC

With one month left in 2016, the total number of new-home permits issued in Clay, Duval, Nassau and St. Johns counties exceeds the total for 2015. First, second and third quarter totals exceeded last year’s and suggest a steady increase over the past 12 months. According to the National Association of Home Builders, builder confidence in the market for newly built single-family homes jumped 7 points to a level of 70 on the NAHB/Wells Fargo Housing Market Index, the highest since July 2005.*

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Realty Builder Connection
Chronicling Business & Law in Jacksonville.