Which Counties Lead the Way in Residential Building Permits for 5+ Units?

Some think that there will be a multifamily oversupply issue in various markets in the US this year.

Others believe that the issue is not that serious if backed up by enough demands.

🏘 It is true that many new development projects have been planned, permitted, and delivered throughout the entire US for the past few years.

Below is the list of the top 10 counties with the most number of residential building permits for 5+ units for the past 6 months.

Many counties in the #sunbelt area were included, and Franklin County in #columbus Ohio stands out as it is the only #midwest submarket that is included in the top 10 list.

What's your take on the supply and demand dynamics in these markets? We'd love to hear your insights and predictions!

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