10,000 New Home Permits

The Arizona Republic reports on the continuing new home building boom in Pinal County, which is on pace to issue nearly 10,000 new single-family home building permits in 2005. Leading the way is the city of Maricopa, which is on pace to issue over 6,000 new home permits this year. Coolidge, which issued 15 permits in 2004, is on pace to issue close to 1,000 new home permits in 2005! The Pinal County market is capitalizing on the lower land costs, which means lower housing prices. As home values continue to rise rapidly in Maricopa County, look for Pinal County to continue as one of the areas hottest new home markets. More...