Touted as one of the most family-friendly communities in the South by parish president, Pat Brister, St. Tammany Parish passed a significant milestone for the highest number of building permits issued in any August since 2006.  In fact, the number of 117 building permits issued in August, 2013, was the first time that building permits broke 100 since March of 2008.  2013 building permit totals have already exceeded the total number of building permits issued in the entire years of 2009, 2010, and 2011.

“The numbers are steadily improving and we like to see that. Builders are getting lots of calls,” says Susan Meyer, president of the St. Tammany Home Builders Association.  New home building permits also reflect a variety of home styles both spec / inventory new homes and custom new homes.

“The inventory is depleted and we’re really trying to keep up with the demand,” says Bobby Hurley, owner of Hurley Homes, LLC.  Hurley states that low interest rates, economic growth, and the possibility of pent-up demand of home buyers has builders who were able to maintain throughout the lean years of 2007 – 2012 scrambling to keep up with the requests for new home design as well as new home building.

“For three or four years, there was really not a whole lot going on in terms of homebuilding,” Hurley said. “But things have finally loosed up and we have some really positive things going on.”

The increase in building permits is also a good sign for those individuals who are still working in the new construction industry.  Contractors and sub-contractors who still work on every facet of the new home building process are benefitting from the increased demand for new homes and the evidence of this demand in the higher building permit numbers.  This has increased employment numbers in St. Tammany Parish as well.

St. Tammany Parish’s building permit statistics are focused largely in West St. Tammany Parish in the cities of Mandeville, Madisonville, Abita Springs, and Covington.  Many subdivisions that are still in the development stages are seeing the demand for new homes on the rise through the purchase of lots in their neighborhoods.  Bedico Creek Preserve has had homesites that have sold at a frenetic pace over the first 8 months of the year.  The most popular section of our subdivision has been the Longview Neighborhood.  We have also sold out all of our previous inventory and Our Builders have started several New Homes, some custom and some spec homes which are still for sale.

Overall, August’s building permit numbers bode well for this suburb of New Orleans on the northshore of the lake.  For more information on Lots for Sale and Homes for Sale at Bedico Creek Preserve, or to contact one of our builders to begin your floorplan design or to build a new home, call 985-845-4200.  Contact Us Directly at [email protected].

 

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