Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Friday, February 22, 2008
Building Gearing Up

Are builders gearing up? 
(Daily News Record)

Yes, and no!  Read on...

Building Permits Issued Per Year:


YearHarrisonburg
Rockingham County
2007
748
558
2006
219
673
2005
388
785
2004
287
745

So....the number of building permits has definitely increased, BUT a large portion of the City of Harrisonburg building permits are for multi-family student housing projects.

Though not having conducted a wide survey, I would guess:
  • local subcontractors might be doing o.k., if some of the out-of-town student housing developers are using them for their projects, but,
  • local builders aren't doing as well, with much higher inventory levels (which varies by price range).