2012 New Construction Starts Strong
Country Club Homes, Inc is a Fairfield County, Connecticut custom home builder looking forward to 2012 with anticipation for two reasons: first, we love what we do; secondly, CNN Money.com is reporting that, “New home construction got off to a strong start for the year, with housing starts and building permits rising in January on a monthly and annual basis — another sign that the U.S. housing market and broader economy are headed in the right direction.” Housing starts for January, 2012 were up 10% over the same period in 2011. Housing completions were at 4% over last January, 2011. This is great news for Country Club Homes.
The report that new construction is starting strong in 2012 is very encouraging for the home building industry, and the positive impact of that news reaches far and wide into real estate, manufacturing, banking, and beyond.
Mike Lubansky, senior financial analyst at Sageworks comments, “Although residential building still has a steep hill to climb in order to achieve a full recovery to pre-2007 levels, it does look to be on the right trajectory.” The NAHB Remodeling Market Index for the northeast is showing future market indicators for 2012 more than 3 points higher than the same period during 2011, based on the ‘Remodeling Market Index’ chart.
Country Club Homes is a custom home builder performing luxury and high end new construction and renovation for Fairfield County, Connecticut area properties. Contact Country Club Homes, Inc. by telephone at 203-762-0550. We’ll be pleased to meet with you to plan your new 2012 custom home, or to discuss inspirations for home renovation in the year ahead.
Image from the portfolio of Country Club Homes, Inc