Single-family home building permits in El Paso County totaled 108 in July, down 37.6 percent from a year earlier but up 11.3 percent from June's dismal total, according to a report issued Friday by the Pikes Peak Regional Building Department. The increase from the previous month was the first time housing construction numbers have risen from June to July in six years.
"I think we have hit bottom (in June) and the pace is picking up a little bit," said Mike Fenton, vice president of operations for the Colorado Springs division of Century Communities LLC. "For the first half of the year we and other builders were selling more homes than we were permitting because we were selling off our unfinished inventory. Now that we have worked off that inventory, we and others will be pulling more permits in the second half of the year."
