Housing Industry Gets Some Good News

6/10/12 – Wisconsin’s housing industry has received some more positive news. M-T-D Marketing Services said the number of building permits for new one-and-two-family homes rose 26-percent in May, compared to a year ago, in five large metro areas. Three-hundred-31 building permits for new houses were issued in the Milwaukee and Madison areas along with Green Bay and Door County, the Fox Valley, and the Racine-Kenosha area. Dominic Collar of M-T-D said most parts of Wisconsin are in the peaks of their building seasons, and it’s reflected in the increases from last year. He said consumer confidence is driving the increase, along with continued low interest rates.