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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. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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