Truckee Residential Building Permits Down from 2008

I was exploring the Town of Truckee’s Website today and came across this chart that clearly shows that the amount of residential building permits issued this year as of the end of November are down from 2008. This should come as no surprise to any of us in Real Estate or the rest of the financial world. One must look at the bright side though, there is a lot of older inventory that is getting moved in the absence of new builds. I know that doesn’t do much for the contractors that live in the area and I am truly sorry for their plight. Here’s hoping that the new year will begin to show some movement in this area. But for now, here are the stats:

townytdpermitissues 09 –

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