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Area home-building activity up in first quarter

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New-home construction in the Indianapolis metropolitan area surged during the first quarter of 2012 compared with the same period last year, bolstered by stronger activity the past two months.

Permits filed in the first three months of the year in the nine-county area totaled 872, a 13-percent increase, according to the Builders Association of Greater Indianapolis.

March filings rose 6 percent, from 374 to 395. But the number of permits filed in February jumped a whopping 40 percent compared to the same month in 2011, helping builders rebound from a sluggish January.

The first month of the year is typically slow for building permits. Just 196 were filed in January, a 1-percent dip from last year.

In March, Hamilton County registered 148 permits, the most of the metro-area counties. Yet, it registered a decrease of 6 percent from March 2011.

In Marion County, builders filed 63 permits in March, just one fewer than they did last March.

Building activity was strongest in Hendricks County, where 75 building permits were filed last month, a 36-percent increase from March 2011.

Though building activity is trending up in 2012, it’s still well behind the pace set before the recession. In the first three months of 2007, for instance, area building permits totaled 1,676, almost double the first quarter of 2012. In the first quarter of 2006, 2,712 permits were filed—more than three times as many as the most recent quarter.

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  1. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

  2. Look no further than Mike Rowe, the former host of dirty jobs, who was also a classically trained singer.

  3. Current law states income taxes are paid to the county of residence not county of income source. The most likely scenario would be some alteration of the income tax distribution formula so money earned in Marion co. would go to Marion Co by residents of other counties would partially be distributed to Marion co. as opposed to now where the entirety is held by the resident's county.

  4. This is more same-old, same-old from a new generation of non-progressive 'progressives and fear mongers. One only needs to look at the economic havoc being experienced in California to understand the effect of drought on economies and people's lives. The same mindset in California turned a blind eye to the growth of population and water needs in California, defeating proposal after proposal to build reservoirs, improve water storage and delivery infrastructure...and the price now being paid for putting the demands of a raucous minority ahead of the needs of many. Some people never, never learn..

  5. I wonder if I can marry him too? Considering we are both males, wouldn't that be a same sex marriage as well? If they don't honor it, I'll scream discrimination just like all these people have....

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