KENNEWICK, Wash-- Family home permits may have fallen victim to a slumping economy. In Kennewick, the number of single-family home permits approved fell by 12.
We spoke with one contractor, who says the demand for building a new home is not as high, because people are afraid to commit to buying a new home.
"Right now the buyers are just waiting to see what exactly is going to happen to the economy," says Aru Joshi, President of JSI Construction. "That does cause a domino affect on all the sub-contractors."
The decline in demand isn't just affecting contractors. The owner of a Kennewick electric company says the number of residential jobs has decreased by roughly 20-percent. He says when you have a small business, that much of a drop can have lasting effects.