Homebuilding permits at pre-recession rates
inMaricopa
With D.R. Horton Construction building in Tortosa and Rancho Mirage Estates, Meritage Homes in Homestead South and Province, and Richmond American in Palo Brea, Maricopa has returned to pre-recession levels of home permit requests.
Combined, 10 homebuilders received 150 single-family residential (SFR) permits in July, the highest monthly total since October 2007. The total projects are valued at $37 million.
DRH accounted for 60 of those home-building permits. The builder is quickly filling in streets in north and south Tortosa. Richmond, meanwhile, has rebooted the once-stagnant development of Palo Brea, and KB Home has lots in Homestead.
