BUILDING PERMITS
Building permits are down across the US and here in Queen Anne's County, Maryland the permits have come to a screeching halt! For the month of July 2007 and according to the QAC Planning and Zoning Office only 15 building permits were issued for New residential construction.(This excludes the towns, and typically that only includes a couple of new homes). Historically, the average rate for new building permits in QAC was set at 424 per year in QAC. From January to July 2007 only 66 New home permits have been issued in Queen Anne's County.
If you include the 22 demolished and replacement home permits that comes to a total of 88 permits.
The QAC impact fees collected for this year total:$441,023.00 (public school and fire protection impact fees).
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In the US
Across the nation privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,373,000.
This is 2.8 percent (±1.3%) below the revised June rate of 1,413,000 and is 22.6 percent (±1.3%) below the revised July 2006 estimate of 1,774,000.
Single-family authorizations in July were at a rate of 1,003,000; this is 1.6 percent (±1.2%) below the June figure of 1,019,000.
Authorizations of units in buildings with five units or more were at a rate of 314,000 in July.
HOUSING STARTS
Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,381,000. This is 6.1 percent (±7.0%)* below the revised June estimate of 1,470,000 and is 20.9 percent (±6.1%) below the revised July 2006 rate of 1,746,000.
Single-family housing starts in July were at a rate of 1,070,000; this is 7.3 percent (±6.7%) below the June figure of 1,154,000.
The July rate for units in buildings with five units or more was 275,000.
