The Booming Prospects for New Construction in Orange Beach, Alabama and Ono Island
Posted by Meredith Folger Amon on
The Booming Prospects for New Construction in Orange Beach, Alabama and Ono Island
The U.S. construction industry is set for impressive growth from 2024 to 2028, and the new construction market in Orange Beach, Alabama, and Ono Island is poised to benefit from this upward trend. According to the 2024-2028 U.S. Construction Industry Report, the industry is expected to grow by 5.6% to reach $1.27 trillion in 2024, with a compound annual growth rate (CAGR) of 5.0% until 2028. This provides a promising outlook for real estate development in key areas like Orange Beach and Ono Island, where luxury and mid-tier residential projects are in demand.
Why New Construction is a Great Investment in Orange Beach and Ono Island
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Growing Demand for…
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