“Looking at back-to-back years 20 years ago - 2004 and 2005 - housing permits obtained for privately owned homes topped 2 million each year. 2004 was the first year that permits obtained for privately owned homes exceeded 2 million. The trajectory of new home builds in the United States had been on an upward swing, twenty years ago. Last year home builders started construction on just over 947,000 new homes.” RealestateRealtorsRealtorLoanoffficer Author:Ted Ihde, Thinking About Becoming A Real Estate Developer?