LAST YEAR WAS A BETTER YEAR FOR HOME CONSTRUCTION IN THE ALBUQUERQUE AREA. WELL OVER 16 HUNDRED BUILDING PERMITS WERE ISSUED…THE HIGHEST NUMBER IN SIX YEARS.
JOHN GARCIA WITH THE H-B-A, THE LOCAL HOMEBUILDERS GROUP, SAYS THE YEAR ENDED ON A HIGH NOTE. HE SAYS IT WAS DUE TO A STRONG FOURTH QUARTER, WHICH HASN’T HAPPENED IN RECENT YEARS. THAT QUARTER WAS UP MORE THAN FOUR PERCENT.
GARCIA TELLS 770 KKOB, THAT WHILE THE NUMBERS ARE IMPROVING, HOMEBUILDING IN THE METRO AREA IS STILL ONLY ABOUT HALF OF WHAT IT COULD BE. ABQ ACCOUNTED FOR 60-PERCENT OF THE BUILDING PERMITS METRO-WIDE LAST YEAR.
