New Home Building Permits January-April 2008: El Paso County, Colorado Springs

New homes for sale in Colorado Springs have slowed down since the boom of the last few years. The biggest change that we have seen in the new home market is the drop in ‘inventory homes' - meaning: if you want to buy a new home, you will need to ‘dirt start' it. Building homes before they are purchased is too big of a risk for Colorado Springs home builders.

Here is a look at some of the busiest builders in El Paso County - to include the Colorado Springs, Monument, Falcon/Peyton and Fountain real estate markets, and how many building permits were pulled from January - April of 2008: 

(Information gathered from the Pikes Peak Regional Building District website.)

From January-April of 2005, there were a grand total of 2,331 building permits pulled for single family homes in El Paso County. Yes. Building permits are down. WAY down.

Take a look at the El Paso County building permits for the month of April from 2000-2008:

Maybe the slow down in building will allow the city to catch up building the infrasctructure that we so need in our area. Better roads. Better intersections. Better lighting...

For more information on new homes for sale in Colorado Springs, Monument, Fountain and Falcon/Peyton, please contact us, at: 719-434-7525

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients Choice Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
(719) 434-7525