Robert Digitale, THE PRESS DEMOCRAT
After a long dry spell, Sonoma County builders last year created the largest number of new single-family homes in almost a decade.
In 2016, county and city governments issued permits for 581 single-family homes, according to the California Homebuilding Foundation in Sacramento. The last time more homes were built here was in 2007, when 904 permits were issued. Last year’s permit total was 236.
The construction industry remains a major employer and a significant contributor to the county economy in that way. In recent years, business and civic leaders have also looked to builders to help address a housing shortage they say is so dire it threatens to become a drag on the economic health of the region.
From that perspective, builders and others said the current level of construction activity remains well below average. And there are few reasons to expect it to increase dramatically anytime soon.
“There’s still headwinds out there for private builders and developers,” said Keith Christopherson, a longtime builder and a partner in Synergy Communities by Christopherson of Santa Rosa. For many, capital and suitable land remain in relative short supply, and most are wary of the possibility they could face another economic downturn with unsold units.
Read more at: Report: Sonoma County home construction in 2016 best since 2007 | The Press Democrat