Single Family Home Permits Up in Lee County

Things are looking up in the Lee County real estate market as foreclosures drop and single family home permits rise.

Single-family home permits are up by 20 percent in Lee County, according to this Naples Daily News article.

In January, contractors pulled 77 permits to build single-family homes collectively valued at $17 million.

Compare that number to the 64 permits issued in December and you’ll get a steady 20 percent increase according to the Lee County Department of Community Development.

Permits for new multifamily units are also making strides.

Last month, 20 multifamily units were permitted, compared with 14 in December and eight in January 2013.

General commercial permits are also going up in value.

They were valued at $2.9 million for 20 permits while commercial permits were valued at $1 million in December and $2.5 million in January 2013.

And last month, Lee County Community Development issued 3,270 permits of all kinds.