San Francisco Was Tops for Housing Permits in 2017 – NMP Skip to main content

San Francisco Was Tops for Housing Permits in 2017

Phil Hall
Feb 27, 2018
Builder confidence in the market for newly-built single-family homes rose three points to 71 in October

San Francisco led the nation in housing permits in 2017, according to new data released by Trulia.
 
Last year, San Francisco added 6,270 housing permits—and while that number might not elicit immediate gasps, it nonetheless represented a nearly 95 percent spike above its average for the last 36 years. In recognizing San Francisco’s achievement, Trulia noted that “the city is becoming more aggressive in its efforts to combat its affordability crisis. What’s more, a large share of its new units are multifamily units, which should help rents continue to cool this year.”
 
Other major metro areas with considerable increases in housing units during 2017 were Austin with 25,803 new permits representing a 79.5 percent increase, Boston with 8,422 new permits representing a 72.4 percent increase, Nashville with 19,292 permits representing a 63 percent increase, and Philadelphia with 3,802 permits representing a 62.6 percent increase.

 
Published
Feb 27, 2018
Better, Palantir Team To Launch Tinman Marketplace

Company says loan platform will revolutionize origination and mortgage portfolio management.

Tech
Aug 18, 2022
Blend Labs Has Cut 420 Jobs Since April

The 25% reduction of its workforce comes as it posts $478 million Q2 loss.

Industry News
Aug 17, 2022
UWM Now Offering Temporary Rate Buydowns

The temporary buydowns will lower borrowers’ interest rates by up to 2% for the first two years of a mortgage. 

Industry News
Aug 17, 2022
Rocket Mortgage Teams With Santander Bank

Rocket's mortgage services now available to Santander's U.S. banking clients

Industry News
Aug 16, 2022
Ameris Bank Commits $10M To Help 1st-Time Homebuyers

The Ameris Down Payment Grant Program will help eligible first-time buyers with down payments and closing costs.

Industry News
Aug 16, 2022
Competition Now Highest For Lowest-Priced Homes

In reverse of pandemic trend, competition for mid- and high-priced homes not as white hot among buyers.

Analysis and Data
Aug 16, 2022