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Homebuilding permits rise for 12th straight month

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Single-family-building permit filings rose 13 percent in the nine-county Indianapolis area in June, the 12th straight month of year-over-year increases, the Builders Association of Greater Indianapolis announced Tuesday.

Builders filed 474 permits in June, compared with 419 during the same month a year ago.

Through June this year, 2,603 permits have been issued, an increase of 26 percent compared to the first six months of 2012.

“The June permits increase confirms that the improvement we have been seeing in the local housing market over the past year continues to take place at a gradual and steady pace,” said BAGI CEO Steve Lains in a prepared statement.

Hamilton County saw a 15-percent increase in permits, with 169 in June. Filings were up 21 percent in Johnson County, to 64. They rose 57 percent in Boone County, to 58.

Permits fell 22 percent in Marion County, to 56. Hendricks County saw an 11-percent decrease, to 59.

Despite recent improvement, home construction in the area significantly lags pre-recession activity. Nearly 1,000 permits were filed locally in June 2006, more than double current numbers.
 

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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