Kings County home builders have taken out permits for 259 new single-family homes so through Sept. 1. That compares to 199 permits for the same period last year, according to Construction Monitor. That is around a 30 percent increase year-over-year. Value of the single-family home permits are also up – to $59 million from $43 million.
The value of all commercial projects in the county over the same period has also climbed in 2016. So far this year, commercial building projects are valued at $71 million compared to $22.6 million through the first 8 months of 2015.
Home builders permit valuation ranked by top five are Lennar with 44 units, San Joaquin Valley Homes with 57 permits, Woodside Homes with 23, Blue Mountain Construction with 16 homes and Wathen Castanos with 25. Most of the new homes are being built in Hanford.
John Lindt is an independent business reporter. He can be reached at Sierra2thesea@gmail.com