Posted on | January 18, 2013 |
Bill Blankenship, deputy director of the Building Industry Association of Southern California?s Riverside chapter, is pumped-up about the 21st annual Inland Empire Economic Forecast that?s coming to the Riverside Municipal Auditorium on Tuesday.
?Our members say it feels like we are at the bottom and are moving into recovery,? he said.
This year, Blankenship is sporting statistics that seem to show it: A pulled permit list for western Riverside County that shows a 19 percent gain from January through August 2012 over the same period in 2011.
The single-family permit count for that region rose from 1,507 to 1,818 within that time.
The count is still far from the go-go years but it?s nice to see the numbers coming up off the idling block.
With more land being dusted off for development, new home construction is bound to be a key talking point: Is the housing recovery still out of reach? Or, is it clearly in our grasp?
Economist Esmael Adibi, who directs the A. Gary Anderson Center of Economic Research at Chapman University, Orange, will deliver the address. The event at 3485 Mission Inn Ave., Riverside, starts at 2 p.m. with registration. The presentation is set to set to start at 3:15 p.m.
Cost: $60 for members; $85 for non-members. Contact: Brenda Le, director of programs: (951) 781-7310. You can also register online at the BIA Riverside County site.
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