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Residential developers are building houses at rates unseen in recent years in Natrona County. Naked tracts of land are sprouting subdivisions and high end homes in Nike Roshe Run Dmb White
In a market with a limited number of properties and plenty of eager buyers, home builders are happy to be in Casper.
He said his residential business is up 50 percent from 2009 and 2010.
Trost Hall and Horner each have a number of lots in Bar Nunn as well.
the Casper metro area. Small towns like Bar Nunn and emerging areas in the east and west of Casper are seeing a new spree of growth that contractors and real estate agents don't expect to subside anytime soon.
National trends point toward a healing market throughout the country. But Wyoming stands apart from the rest of the nation.
With the boom and bust economy, businesses realize they aren't impervious to the ebbs and flows of the Wyoming economy. It's hard to tell when the next downturn will take place, and some companies are conservative and others are crazy, said Matthew Reed, president of Envision Electric.
The number of homes his company installed with electricity has doubled since Roshe Run Men Camo 2009. The energy industry is driving sales in the short term, he said, but the potential for long term is hard to determine.
"There was nothing there," he said.
Housing market flourishes in Casper
"Things are definitely on the rise," said Josh Horner, president of Horner Construction. "There are a lot of new people moving into Casper, thanks to the Nike Roshe Run Price Ph
Trost Hall said that during her 20 year career, she hasn't seen the apocalyptic boom and bust cycle feared by many in the area. She said there's been steady, robust growth that's maintained itself.
Granite Peak Development provides the sewer and water frameworks for neighborhoods throughout the state. It purchased 60 lots in Bar Nunn in 2012 and 120 in 2013. Of the lots it purchased early this year, homebuilders have bought half of them in advance sales, Vogl said.
Wyoming was an outlier in the housing market crash. Unlike Florida, Nevada, California and others, the state avoided a flood of foreclosure signs lining driveways in the dark days of the recession.
"It's just exploding all over," said Jeff Hochendoner, concrete operations manager for McMurry Ready Mix.
The Wyoming housing market was largely protected by the energy industry's demand for workers in the oil and gas fields during the economic downturn, Horner said. But prices and development weren't immune to a decline.
"People were in tears," she said. "I was like, 'We're steady.'"
"It's hard to get comfortable in a boom and bust economy," he said.
oil and gas industry."
Michele Trost Hall, an associate broker with Broker One Real Estate, attended national industry meetings during the heart of the crash.
"And I don't see it slowing down anytime soon," he said.
In 2008 and 2009 Horner built only 35 to 40 homes per year. He plans to build more than twice that number, 85 to 100, in 2013 and he's hired five new employees in the past few years. More than 40 home buyers have already inked deals with Horner to begin construction in four new developments in the metro area.
Broker One has more than 100 properties that the company is developing or will build on in the near future, Trost Hall said. It is developing a new subdivision on the west side of Casper known as Mesa Del Sol that has 26 Nike Roshe Run Mens Black Cheap
Builders and developers aren't the only ones reaping the benefits of the home boom. Subcontractors are benefiting as well.
Cory Kopp moved to Casper from Colorado when the market bottomed in 2008.
The barren parcels of land in Bar Nunn's new residential communities won't remain bare for long.
lots under way and a potential for 200 lots, Trost Hall said.
"The market is excellent there," said Chris Vogl, property management director with Granite Peak Development. "
He's a plumber who's bread and butter is residential installation. His business is seeing the same upswing as the other subcontractors. He fitted 100 homes in 2012 and expects to see growth this year.
While the rest of the nation is just beginning to see the light at the end of the tunnel, Wyoming businesses in the housing market are moving at breakneck speed. Census Bureau ranks Casper as the eighth fastest growing metro area in the country. And builders see the surge firsthand.
"We're banking on the fact that things won't slow down," she said.
"I came to Casper because there was still a housing market," he said. "My business has grown every year since I moved here."
"I don't pay attention to national statistics because they don't pertain to Wyoming," said Steve Loftin, owner of 71 Construction in Casper.
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