Central Arizona In Race Against Atlanta

The Arizona Republic reports that Atlanta appears poised to recapture the nations top new home market title, according to figures released at the International Builders Show in Orlando.

Through November, more than 56,000 single-family building permits had been issued in Atlanta, compared with nearly 50,000 in Phoenix.

However, the number of new home permits recorded by local housing analyst RL Brown was 58,491 through November, about 4 percent ahead of last year's record pace. "It's highly unlikely Atlanta will recover enough in December to take over Phoenix's first-place claim," Brown said. More...