Wednesday, December 21, 2011

Custom Home Permits Up 50% in 2011

From our friends at Pinnacle Mountain Homes, Good news for the Summit County New Home Construction Market!

Greetings!
As we look back on 2011, it's clear we we have much to be thankful for this year.
GREAT NEWS IN OUR LOCAL MARKET
We all hear various updates on the construction market across the country, but our clients are always asking us, "What's happening in Summit County?" Over the past year permits have increased, and our local market for new custom homes is certainly looking stronger! In 2011, custom home construction permits increased by 50% over 2010, signaling that the market is definitely getting better, and we are currently working with more prospective clients right now than in the past three years.
Here's the year-to-date info for 2011:
  • Breckenridge increased to 18 custom home permits in 2011 from 10 in 2010
  • Summit Co increased to 45 custom home permits in 2011 from 30 in 2010
This year Pinnacle represented 33% of those new custom homes in Breckenridge and about 20% across Summit County.
HIGHLIGHTS FROM 2011
2011 marked the completion of our 6th year in business, and the highlight came in September as we were named Builder Magazine's "2012 America's Best Builder" . This is typically a once-in-a-lifetime award, the crowning achievement of any builder, and to be chosen from over 60,000 residential builders is monumental to say the least.
We were also grateful to receive a number of other national and local awards including:
  • Inc. 500’s list of "Fastest Growing Companies in America"
  • Summit County Builder's Association "Builder of the Year"
  • Parade of Homes - represented 4 of the 10 custom homes and over 50% of the awards

GIVING BACK
As a leader in our custom home market, we continue to feel both grateful and responsible. We are grateful that clients continue to trust us with their projects, we're grateful to our subcontractors and suppliers for continuing to partner with us, and we're grateful that we have survived the Great Recession. But we also feel responsible for giving back to our community. In looking back on the past year, we are proud to have participated in the following events:
  • Summit Education Foundation's MINI Cooper Madness
  • Summit County Youth's Goodness Epidemic
  • Summit Foundation's Annual Golf Tournament & Rubber Duck Race
As we close the books on 2011, please join us in reflecting back on the past year, recognizing the ways in which we are all blessed however large or small, and join us in giving thanks that we can once again call Summit County home for another year. All of us at Pinnacle Mountain Homes wish you a wonderful and blessed holiday season!

Warm regards,Chris Renner
Owner and President
Pinnacle Mountain Homes

www.pinnaclemtnhomes.com
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