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Volusia County residential, commercial markets hold strong

By February 19, 2013No Comments

Volusia County’s building boom shows no sign of wilting. Barring an unforeseen construction slowdown in the second half of the year, residential and commercial permit values again will crack the $1 billion mark for the third year in a row.

Residential and commercial construction project values totaled $334 million in the second quarter, a minor dip from $341 million in the first quarter.

Volusia County Property Appraiser Morgan Gilreath said he does not see a slowdown. “What we may be seeing are the effects of developers holding and not selling lots. We also have situations where builders have full plates.”

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