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From The Blog

Black Canyon Builders, Custom Home Builder Durango, Durango CO, Durango real estate, green building, Pagosa Springs, Telluride

Tentatively Good News for Economy: Single Family Home Starts

I admit I’m an optimist when it comes to our local economy. As a business owner, I have to balance that optimism with practicality. There’s also a self-imposed responsibility to contribute to the fiscal strength of our region. Over halfway through 2012, I’m proud to say that Black Canyon Builders has created three new jobs, and we’ve broken ground on three new projects in the past few months alone.

I’m hoping we’re helping to set the beginning of a trend. The national outlook, according to the National Association of Homebuilders, is looking guardedly optimistic. Check out this graph, courtesy NAHB:

Single Family Home Starts and Permits, Courtesy NAHB

Starts and permits have been on a consistent upswing since the second quarter 2011, which has resulted in a high levels of builder confidence. According to NAHB, “The question is whether the building recovery in housing will be affected by the slowing of the rest of the economy. In general, while we expect occasional ups and downs for housing, the forecast calls for continued improvement for housing markets.”

Read the full article, here.

Bringing it closer to home, six permits were issued for single family home residences (or remodels of notable size) in July 2012. This is slightly up in numbers from one year ago (July 2011), but significantly higher in economic impacts.

Let’s hope this slow, but steady, recovery continues.

Thanks,

Jared

24 Aug 12
By : jogden
Comments : 0
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Jared Odgen | About Black Canyon BuildersBased in Durango, Colo., award-winning Black Canyon Builders has designed and built custom homes for all of Southwest Colorado since 2006. Founder and president, Jared Ogden, is a craftsman and general contractor of the highest level - weighing integrity, communication, skill and artistry on equal measure. Learn more about our approach.

Timber Frame Building

Timber frame construction spans centuries and cultures; it is a visual manifestation of the blending of art and engineering. As one of the premier timber frame builders in the Southwest region, Black Canyon Builders has built award-winning timber frame homes. We are an independent builder, and we will work with either our in-house team or your preferred architect to create full or partial timber frame homes.

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