Pasco Had Lowest Number of Housing Permits Issued in Nov.
PASCO, Wash-- Pasco was one of the fastest growing cities in Washington, but last month the city had the lowest number of housing permits applied for since 2000.
Housing off Road 68 in West Pasco started taking off in 2000 and since then there had been a steady increase until 2005. More than 1,000 permits were issued for single-family homes in 2005.
At that time Pasco was one of the fastest growing cities in the nation. This year there were about 400 permits issued for new homes and in the month of November only six were issued for houses. That's the lowest number in the last ten years.
The Pasco City Planner says with the national slowing housing market, 400 new homes is still a significant number.
"Eventually there will be more houses. There's still a number of sub-divisions that can be built on that are slowly being built on now and as time progresses those sub-divisions will fill up with homes," said Dave Mcdonald, City Planner Pasco.
There is still land available for additional sub-divisions. More houses increases tax revenue in pasco, but it also means more costs. When the housing market was growing so fast the city had to catch up with roads, schools, traffic signals, and parks.