El Dorado County lowers forecast for home construction
Sacramento Bee

Buzz up!
By Cathy Locke
clocke@sacbee.com
Published: Thursday, Sep. 24, 2009 – 12:00 am
El Dorado County officials have scaled back their 10-year projection for new-home construction.
The Board of Supervisors on Tuesday approved a 10-year residential permit forecast that reflects continuing decline in new construction in the county. The Department of Transportation projects 10,730 new homes will be built in the next decade, down from the 13,000 previously forecast.
Jim Ware, transportation director, said 166 residential permits were issued in 2008-09 and 200 had been forecast. The department projects the number will remain in the 166 range this year and in 2010-11, followed by annual increases in each of the next two years, then leveling off at 1,500 annually through 2018-19.
Supervisor Jack Sweeney predicted it would be more than four years before the county saw 1,500 new home starts per year.