How San Diego’s Homebuilding Slump Compares to the Rest of SoCal
San Diego Tribune
By Philip Molnar
San Diego County is on track to build fewer homes than it did last year, said permit records released this week. Residential building permits for all homes — condos, apartments and single-family homes — are down 18 percent in the first nine months of 2017 compared to the same time last year, said the Real Estate Research Council of Southern California.
The only county with slower building was Orange County, which had a 21 percent reduction. All other Southern California counties had an increase in building in the first three quarters.
About author
You might also like
Is The Housing Recovery Over?
There is currently much debate on the direction of the housing market. Did we bounce back off the bottom too fast? What inning are we in? 3rd? 6th? While there
Dying Shopping Malls Can Make Room for New Condos and Apartments
In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.