Homebuilding is gaining traction

Today on the Southern California Real Estate Report we talk about the rise in home building that has happened over the last year.

Zoning laws, NIMBYism and the slow City processes have all contributed to a lack of housing.

For the first time in many years home building is gaining traction.

Nearly half of the permits pulled were to build apartments.

While the number of pulled permits is a step in the right direction, it still isn't enough to get us out of the housing crisis we find ourselves in.