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ABQ area building permits rose in November

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permitsHome construction in the metro area continued to improve at a modest pace in November despite a slowdown in the city of Albuquerque, according to the latest report from DataTraq.

Building permits were issued for 86 detached single-family homes in the metro last month, a 13 percent increase from 76 permits issued in November 2012 but a decrease from 99 permits in the preceding October. The pace of home construction typically drops off towards the end of the year.

Only 46 permits for single-family homes were issued in Albuquerque during November, tied with December 2012 for the lowest monthly permit count in almost three years.

Through the first 11 months of the year, permits have been issued for 1,378 new homes, up by 2.3 percent from the 1,347 permits issued over the same period of 2012. Home construction hit bottom in 2011, when 1,192 permits were issued during the entire year.

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In this Oct. 21, 2013, photo, construction continues at the Mississippi Power's Kemper County energy facility in central Mississippi near DeKalb, Miss. The  power plant is designed to use a soft form of coal called lignite in a gasification process to generate power. The plant, America's newest, most expensive coal-fired power plant is hailed as one of the cleanest on the planet, thanks to government-backed technology that removes carbon dioxide and keeps it out of the atmosphere. Once the carbon is stripped away, it will be used to do something that is not so green at all – extract oil. Power companies sell the carbon dioxide to oil companies, which pump it into old oil fields to force more crude to the surface. (AP Photo/Rogelio V. Solis)
To clean up coal, Obama pushes more oil production

Once the carbon is stripped away, it will be used to do something that is not so green at all

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