Builder News

US Building Permits Could Rise In May

building permits privatelyowned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,294,000. This is 0.3 percent (±1.3 percent)* above the revised April rate of 1,290,000, but is 0.5 percent (±1.4 percent)* below the May 2018 rate of 1,301,000.

A homeowner’s permit may not be used to permit a project where a GB-2 or GB-98 contractor is acting as a general contractor on the project. Any contractor acting as a general contractor on a project where there is a homeowner’s permit must obtain a building permit for his work, and shall be held responsible for any work performed at this site.

For the U.S. and Census Regions, seasonally adjusted estimates for January 2012 through March 2018 for housing units authorized by building permits will be released with the April 2018 New Residential Construction release on May 16, 2018.

The data which covers the month of May is forecast to show no major changes from the previous month. economists polled expect the building permits to be at 1.30 million. This marks a somewhat unchanged print from a revised 1.29 million building permits issued the month before. On a year over year basis, building permits grew just 1.0% in April.

The Town of May was organized in 1893, and a year later the town hall was built and the first supervisors elected. The Town was named after Morgan May, an English immigrant who eventually became one of the more prosperous farmers in the Town.

3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.

The House Detective: by Barry Stone, Certified Home Inspector. Dear Barry: In past articles you’ve mentioned "as-built permits" for additions and alterations that were done without building permits. I have a property that was totally renovated – new electrical, plumbing, heating, and roof – all done without permits.

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QUICK permits. quick permits are trade-specific permits that can be issued without the need for a plan review. structural modifications can NOT be permitted as a quick permit. Homeowners must bring a photo I.D. and apply in person at the permit counter. Check in for the "quick permits" line. View counter hours and location here.

Starts, Permits and Completions Rise in May WASHINGTON, June 17, 2003 (Hanley-Wood News Service) – Housing starts increased 6.1 percent in May, as home building continued to be one of the few.