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Homebuilders enjoy best year since 2007

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The central Indiana home-construction industry finished 2013 with a strong December, helping it post its best year since 2007.

Homebuilders filed 333 single-family building permits in the nine-county metro area in December, a 21-percent increase over the same month of 2012, the Builders Association of Greater Indianapolis reported Wednesday.

December’s results pushed the total to 4,959 permits for all of 2013, a 19-percent increase over 2012.

It was the highest annual total for central Indiana since 2007, when 7,326 permits were filed.

December’s increase ended a two-month decline in permit filings. Numbers were down slightly in October and November following a streak of 15 straight months of year-over-year increases.

Hamilton County remained the area’s busiest for home starts in 2013, with 1,899 during the year, a 12-percent rise over 2012.

Permits were up 16 percent in Marion County in 2013, to 731.

Annual filings were up 15 percent in Hendricks County, to 695; 26 percent in Johnson County, to 623; 37 percent in Boone County, to 490; and 35 percent in Hancock County, to 264.

Filings were up significantly in Shelby and Madison counties, but both saw fewer than 100 home starts.

The only area county where activity decreased was Morgan, where filings dropped 10 percent, from 112 to 101.







 

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  • GOP Belief
    Hm? I wonder what the republicans contribute this to, George/Cheney flashback phenomenon?

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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