The residential housing market will rebound this summer. But it won’t look exactly like an outbound airplane, shooting upwards. “Expect a W-shaped rebound,” says real estate professional Dima Williams.
July, August, and September should see an increase in home sales. It will be followed by a downturn caused by an anticipated return of the coronavirus pandemic. It’s going to be a “seesaw recovery,” with ups and downs.
You can sit back and watch it happen or you can use valuable information to generate profits. Building permit data has never been more important.
Non-Residential Construction Also Predicted to Underperform
(But Some will ‘Underperform’ Less Than Others)
There was a small but solid growth projection in commercial construction for 2020. Based on building permit data, there’s now a 16% decrease predicted for the remainder of 2020.
Institutional properties will form the foundation for commercial construction this summer:
- Healthcare
- Educational
- Public safety
- Warehousing
- Transportation
Building Permit Data: Use it To Create Work
Safely getting back to work after the COVID-19 pandemic has been challenging. But it’s happening.
If you’re struggling with finding enough jobs to keep your employees and subcontractors working, building permit data can be a valuable lead source. Here are 3 ways building permit data can help you generate job leads through and beyond Summer 2020:
1. Archive Data
If you want to see the industry numbers from a similar downtown (2008-2010 for example), study historical data. You can download information for:
- All building permits
- Commercial
- Solar
- Swimming pool
2. PowerSearch
This is a detailed building permit search. You can customize search fields to generate information specific to your region, state, county, or city.
- Construction class/type – Search for residential, commercial, solar, or “all.”
- Permit description – Search for “daycare centers,” or “public parking,” for example.
3. Save time
“I’ve saved thousands of dollars in gas, not having to drive neighborhoods looking for leads,” said one business. Gas is cheap today, but your time is more valuable than ever.
Construction Monitor Building Permit Data for Here and Now
We’ll give you the tools to generate new business for this summer. Your U.S.-based company or U.S.-interest development can target the area you need at the time you need it because we issue weekly building permit data reports.
We have tutorials and customer support, but most importantly, we have the desire to help you succeed. Contact Construction Monitor, and let’s partner for summer 2020 business development.