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Area home-building activity shows April uptick

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The Indianapolis metropolitan area last month posted its first increase in building permits this year, a sign that local home construction may be starting to pick up.

In the nine-county area, the number of building permits filed in April climbed to 361, an increase of 10 percent from the same month in 2010, according to the latest permit data from the Builders Association of Greater Indianapolis.

The increase marks just the second year-over-year increase in permit filings since generous federal tax credits helped spur home construction early last year.

In November, the number of building permits filed increased 16 percent from the same time in 2009.

Home-building activity in April ticked up in both Hamilton (36 percent) and Hendricks (28 percent) counties, but declined in Marion (14 percent) and Johnson (18 percent) counties.

The 151 permits filed in Hamilton County in April were the most of any county in the metropolitan area. Sixty were filed in Marion County last month.

The 361 permits filed in April fell shy of the 372 filed in March. But the amount was still much higher than the 201 filed in February and the 198 in January.

 

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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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