Real estate rebounding: Cobb County housing permits up for first half of 2012
by Sheri Kell
business@mdjonline.com
July 11, 2012 12:36 AM | 1930 views | 1 1 comments | 5 5 recommendations | email to a friend | print
The number of housing permits issued across Cobb County in the first half of 2012 shows a continuing rebound from previous years. From January through June, unincorporated Cobb and its six cities reported issuing a total of 565 permits for construction of new single-family homes. In the first half of 2011, 475 such permits were issued. More homes are being built around existing occupied homes in the Sherwood Park neighborhood in Smyrna.<br>Staff/Laura Moon
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COBB COUNTY — The number of housing permits issued across Cobb County in the first half of 2012 shows a continuing rebound from previous years.

From January through June 2012, unincorporated Cobb and its six cities reported issuing a total of 565 permits for construction of new single-family homes. In the first half of 2011, 475 such permits were issued.

For the month of June, there were a total of 98 housing starts permitted in Cobb. The same month a year ago saw 69.

As usual, unincorporated Cobb reported the highest number of permits in June, at 69. That’s more than double the 30 permits issued there in June 2011.

Smyrna issued 14 permits last month, which was down from the 19 that city issued in June 2011.

The city of Powder Springs issued three permits in June, up from zero in June 2011. All three were issued to Peachtree Communities, which is developing The Vineyards subdivision on New Macland Road.

“We are thrilled,” said Pam Conner, the city’s community development director.

Marietta, the county seat, issued fewer permits last month — four — than the 11 it issued in June 2011.

The city of Kennesaw also reported fewer for June this year over last. Last month, the city issued two permits, but in June 2011, it issued nine.

June 2012 was better for Acworth than the same month in 2011. Last month, the city in north Cobb issued five permits; in June 2011, it issued none. All three were issued to Kerley Family Homes, a developer with two subdivisions under construction in the city.

The small south Cobb city of Austell issued one housing permit last month, up from zero in June 2011.

Acadia Homes is one builder with active construction in Cobb. The company is developing the Sherwood Park subdivision near Lake Court Park in Smyrna, among others in Cobb and metro Atlanta. Sam Bass, an Acadia spokesman, said the Cobb market has been strong for his company. Houses in that 54-lot subdivision are priced about $300,000.

“At Sherwood, our success has come from really studying the market and adapting our plan mix to meet what our buyers are looking for in a home,” Bass said.

John Hunt, an analyst with Smart Numbers of Marietta, said 2009 was the bottoming-out in Cobb. In the first six months of that year, 177 permits were issued in Cobb.

“In 2010, we started building again on bank-owned lots at reset prices, and permits jumped over 100 percent,” he said. “January through May 2011 was up another 30 percent … and 2012 is up about 10 percent (overall).”
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Translation please?
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July 11, 2012
So how does this affect Cobb citizens? Yes, there is always demand for something new by those moving up, here, or just want new. But how do these numbers actually translate into benefits for Cobb? More money circulating, more cost of infrastructure, more congestion, quality of life, etc? Another 500 homes in a real estate market where there are 15-20,000 short sales or foreclosures?
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