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Home construction permits dip in July

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Home construction permits in the Indianapolis metropolitan area fell slightly in July following three straight months of increases in building permits.

In the nine-county area, the number of permits filed last month declined to 305, a decrease of 4 percent from the same month in 2010, according to the latest permit data from the Builders Association of Greater Indianapolis.

The decline in July was not as severe as the double-digit decreases in permit filings from January through March this year.

Home-building activity in July decreased in Johnson (22 percent), Hamilton (8 percent) and Hendricks (2 percent) counties, but increased in Marion County (28 percent).

The 119 permits filed in Hamilton County in July were the most of any county in the metropolitan area. Fifty-nine were filed in Marion County last month.

July's overall number was the smallest amount since 201 permits were filed in February.

Through July, 2,226 building permits have been filed in the area, a 9-percent drop compared with the first seven months of 2010.

The number of building permits filed this year in April, May and June increased from the same period last year, likely due to a dramatic falloff in permit filings in those months in 2010 following the expiration of generous federal tax credits.

 


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  1. Well, we could blame ABC because they haven't advertised the INDY 500....not during the HUGE TV rating shows like Dancing with the Stars (of which IICS driver Helio Castroneves is a former champion). He never won a CART championship, did he?

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    We could blame the fencepost, but that would be crass. Or maybe Danica? Or maybe Jean Alesi....or boost increases from constant rules tampering. Maybe we could blame Penske who still is winning everything as usual.

    Maybe we can blame the world for not understanding the the great Indy gods who regularly twist things in such ways that we mere mortals must only accept, but never question.

    So, it does beg the question....who is responsible if the series and Indy continues to flounder? Are the responsibilities so diffuse and complicated that no one really is to blame for it's fall from grace?

    I urge the speedway to sign on for 7 more years of ABC coverage and 7 more years of NBC Sports Network coverage. It been win-win so far....*cough* *cough*

  2. "They're problem was thinking they were bigger than the institution that made their existence possible. That turned out to be a mistake."

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  4. Triscuts...love um!

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