THE NEWS IS MIXED WHEN IT COMES TO THE LATEST HOMEBUILDING NUMBERS IN ALBUQUERQUE COMPILED BY DATA TRAQ. NEW BUILDING PERMITS FELL IN JULY…BUT FOR THE YEAR, THEY'RE UP 7-PERCENT.
JIM FOLKMAN WITH THE HOMEBUILDERS ASSOCIATION HAS SAID ALL ALONG THAT THE RECOVERY IN THE HOME CONSTRUCTION INDUSTRY WOULD BE INCREMENTAL AND VERY SLOW. AS LONG AS WE STEADILY IMPROVE MONTH-TO-MONTH, FOLKMAN SAYS WE'RE HEADED IN THE RIGHT DIRECTIONS.
FOLKMAN SAYS IT MAY BE THREE OR FOUR YEARS BEFORE THE HOMEBUILDING INDUSTRY IN ALBUQUERQUE IS HEALTHY AGAIN.
