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Home Construction Beginning to Pick Up in Santa Barbara County—Foreclosures still High

Posted: March 17,2010 8:03am Jeff Williams
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HOME CONSTRUCTION IS BEGINNING TO TO PICK UP ON THE CENTRAL COAST BUT THE HOUSING MARKET IS STILL STRUGGLING.. IN SANTA BARBARA COUNTY THERE WERE NEARLY 600 FORECLOSURES IN THE PAST MONTH WITH 40 PERCENT OF THOSE IN SANTA MARIA.. JIM LA LOGGIA WITH THE RICE RANCH HOUSING DEVELOPMENT CONSISTING OF 720 HOMES IN ORCUTT SAYS THEY ARE STARTING TO GET A LITTLE BUSIER..
IN THE MONTH OF JANUARY, 87 BUILDING PERMITS WERE ISSUED IN SANTA BARBARA COUNTY WHICH IS AN INCREASE OF 14 FROM THE YEAR BEFORE MOST FROM PEOPLE REBUILDING HOMES DESTROYED IN WILDFIRES AND IN SAN LUIS OBISPO COUNTY THERE WERE 15 PERMITS ISSUED IN JANUARY THREE LESS THAN JANUARY OF ‘09....

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