Nation, Hear This: Building Permits Are Up and Foreclosures Are Down!


RealtyTrac has released a first-quarter housing analysis of HUD data and it shows a firm emphasis on the number 27. Single-family-home building permits are up 27 percent from one year ago, while foreclosure starts are down 27 percent from one year ago. Nice, right? As is evident from the following graphs and charts, the Philadelphia area is decidedly unspectacular in terms of results.