14% would be a nice little bump to the Arizona construction economy and the Arizona economy as a whole.
Jim Belfiore conducted a 2014 Greater Phoenix single family permit forecast with 54 participants including home builders, developers, investors, real estate brokers and others who follow the market closely. The median and average forecasts for 2014 were almost identical with 14,545 and 14,500 respectively. The range was from a high of 17,125 to a low of 11,999. This is actually a fairly narrow range and would result in 2014 being about 14% better than 2013.
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