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New Construction: Sarasota new home starts experiencing enormous growth

new construction sarasota floridaIn Sarasota/Bradenton, 895 single family units began construction in the first quarter of 2013. This represents an increase of 70.5% compared to last year’s rate of 525 units. Per Tony Polito (Metro Study News) “we initially anticipated between 7 and 15% growth in housing starts above 2012 or somewhere between 2,600 and 2,850 new housing starts. With the enormous first quarter, we now believe the range to fall between 2,700 and 3,200 starts or a 10 to 30% increase.”

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