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More New Homes Being Built

Updated: Wed 6:34 PM, Jul 18, 2012

It's been a roller coaster for the housing market since 2008.

Now, nationwide home builders are saying they're busier than ever and the statistics are there to prove it.

The Commerce Department says housing starts rose 6.9 percent in June, that's the highest since October of 2008.

This year has picked up significantly, a lot of custom homes, but then plans for speck houses too.

Terry Davis, a local builder and President of the Builders Association of South Central Kentucky says, he's had to hire a few more people to help with the demand.

"It seems like all the sub-contractors in town have been quite a bit more busier than they have been in the past few years."

And that groundbreaking includes apartments nationwide.

Chandler Property Management has several properties in Bowling Green, both new and old.

"The demand has been good," says owner Mike Simpson, "I'm aware of several projects that are either under construction or are on the drawing table and I think the 64,000 dollar question is, for those of us that lease multi family in Bowling Green, is what will the on slot of new product do to the market?"

He says while the economy may be making a slow progress and it doesn't always boost the consumers confidence.

But, builders say the market in Bowling Green has stayed steady.

"We've been pretty lucky, this is a fairly good economy for a local market," says Davis.

But, Simpson says while this is a positive point for the economy, he is not convinced everything is better.

"There is little clarity on this economy, but its still an uncertain economy," says Simpson.

Nationwide each home built creates an average of three jobs a year and generates about 90,000 dollars in taxes.


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