By Ashley Gurbal Kritzer & Angela Gonzales | Phoenix Business Journal
America’s heartland is positioned for a post-pandemic housing boom if current trends continue.
And in Tucson and Lake Havasu City, approvals to build single-family homes were up 29% through September — even higher than metro Phoenix where approvals were up 21%, according to a Business Journals analysis of 354 markets across the country.
While homebuilders in metro Phoenix know how hot the market is in the region as they constantly fight against undersupply, there are some areas of the country where building permits are even higher.
In greater Kansas City, approvals to build single-family homes were up 26% year to date through September. So, too, were the Rust Belt cities of Columbus, Ohio, and Fort Wayne, Indiana. Near Fort Collins, Colorado, they rose 47%, and the rural area around Clarksville, Tennessee — just north of Nashville and south of the Kentucky border — reported a 63% increase, tops in the country among major metros The Business Journals analyzed.
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