Homebuilders Busy with More New Starts

The construction sector in Northwest Arkansas was firing on all cylinders in August among the region’s five largest cities.

Bentonville, Rogers, Siloam Springs, Springdale and Fayetteville issued new constructions permits valued at $45.364 million in August, up 116% over the same month in 2011.

The region had a healthy mix of both residential and new commercial activity as the two building sectors were almost equally responsible for the triple digit increase from a year ago.

HOUSING THRUST
Local homebuilders – from low-cost providers to high-end custom contractors – rate 2012  a 7 out of 10 in terms of overall health.

“I am the busiest I can remember in at least four years, with four custom homes for local executives and another one to start in the next month,” said Lee Scarlett of Celtic Custom Homes. Click here to read the full story from our partners at TheCityWire.com.