'Slight recovery' seen for homebuildingELLICOTT CITY...


February 11, 1993|By From Staff Reports

HOWARD COUNTY ELLICOTT CITY — 'Slight recovery' seen for homebuilding

ELLICOTT CITY -- County homebuilders who saw the gold rush of the 1980s hit bottom in 1990 and 1991 say they see signs the roller-coaster ride is over.

Building permits issued for new home construction last year increased by 50 percent over 1991 and doubled 1990's total, signaling a "slight recovery" in the county's sagging PTC homebuilding industry, said John Troutman, the Howard chapter president of the Home Builders Association of Maryland.

The county issued building permits for 2,601 housing units in 1992, as compared with 1,742 in 1991 and 1,303 in 1990.

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