People & Community

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Talk of the Town: Local builder reflects on the state of the home building market

By Ryan Barrera
Friday, Mar 28 2014 12:38 AM

During the economic nose dive of the recession, local homebuilding took a hard hit. Homes and neighborhoods that would have been finished and inhabited with families went unfinished and empty. Now, Bakersfield's homebuilding is booming, thanks to low interest rates and inexpensive lots. Matt Towery, owner of Towery Homes and president of the Kern County Home Builders Association, shared his thoughts on the rebound with Bakersfield Life this month.

Making a comeback Homebuilding is on a comeback. The recession hit us really hard. Bakersfield was building about 2,200 homes per year until the market went crazy. In 2006, the permit count was over 5,000. In 2011, it was down below the 600 per year mark, which is the lowest on record from before...

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