The first three months of 2014 brought some encouraging signs for the homebuilding market in New Jersey -- and the latest good news on that front: Permits for new construction reached a seven-month high during the month of March.
U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes -- the bulk of the market -- and sought fewer permits to build them.
A New Jersey bill to help homeowners in build stronger, smarter, more storm-resistant homes has been approved by an Assembly panel. The legislation is sponsored by Assembly members Ruben Ramos, Grace Spencer and Tim Eustace.
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