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Dothan Real Estate Market Report - May New construction update

By
Real Estate Broker/Owner with CENTURY 21 Key Realty

This article was originally posted on DothanHomeSearch.com

The number of residential new construction permits issued in April was up significantly from previous months. The total of 37 permits issued is the most in one month since March of last year. Here is the trend over the last twelve months.

May 2008 Dothan residential building permits short term

Inventory of new construction homes on the market continues to edge down slightly, with 224 listed in the Dothan MLS as of this morning. Is this a sign of a rebound, or are builders building because they have to build to stay in business? We will see.

If you have an interest in building or purchasing a new construction home, give me a call or use the contact form. As a Certified New Homes Specialist (CNHS), I have extensive training in the new home market and would be happy to consult with you on your real estate needs.