Housing Starts

Area homebuilding permit filings surge 41 percent

May 9, 2013
 IBJ Staff
Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.
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Land prices creeping up after collapsing in bustRestricted Content

March 30, 2013
Scott Olson
Ultra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
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Boomerang comes back with plans for Noblesville subdivision

March 29, 2013
Andrea Muirragui Davis
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
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Area home sales rose 8.1 percent in February

March 13, 2013
Purchase agreements for existing homes totaled 2,034 in February, up from 1,882 in the same month a year earlier, Indianapolis-based real estate agency F.C. Tucker Co. Inc. reported.
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Monthly home-building permits still on the rise

March 13, 2013
Area home-building activity continues to improve as the number of single-family permits filed in February jumped 30 percent from the same period last year.
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Home-building permit filings continue to climb

February 12, 2013
Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent from the same period last year.
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Area homebuilding hits highest mark since 2008

January 9, 2013
Scott Olson
The number of home construction permits in the Indianapolis area jumped 16 percent last year, marking just the second year-over-year increase in filings since 2005.
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Strong finish to year giving home builders optimism

December 7, 2012
Scott Olson
The number of single-family building permits filed in the nine-county area climbed 43 percent in November, the fifth straight month of year-over-year increases, according to the Builders Association of Greater Indianapolis.
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Indianapolis receives $39M loan guarantee from HUD

November 20, 2012
The city will use the funding to establish a Community and Economic Loan Pool to provide financing for economic development and housing rehabilitation initiatives to benefit people of low and moderate incomes.
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Area home-building permit filings surge 46 percent

November 8, 2012
The Builders Association of Greater Indianapolis said October's jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.
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PulteGroup plans new neighborhood in Anson

November 1, 2012
PulteGroup Inc. has purchased 24 acres in the Anson development near Whitestown in Boone County and plans to build 36 homes. Long-range plans call for 255 homes on 145 acres.
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Indy-area homebuilding bouncing backRestricted Content

October 27, 2012
Cory Schouten
New-home construction is on track to rise more than 10 percent this year in the nine-county Indianapolis area.
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Metro-area building permits rise in September

October 10, 2012
Home builders in the Indianapolis area filed 339 permits in September, bringing the total to 3,191 through the first nine months, an 11-percent increase from the same period last year.
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Area homebuilding permits on the rise in August

September 11, 2012
Builders in the nine-county Indianapolis area filed 408 construction permits in August, a 15-percent increase from the same month a year earlier, according to the Builders Association of Greater Indianapolis.
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Area homebuilding permits jump 21 percent

August 9, 2012
Scott Olson
Builders in the nine-county area filed 373 construction permits in July, a 21-percent increase from the same month last year, according to the Builders Association of Greater Indianapolis.
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Area sees June dip in residential building permits

July 16, 2012
Home builders filed fewer building permits in the nine-county Indianapolis area last month, but filings are still up through the first six months of 2012.
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Ryland purchases 504 local lots from home builder

June 21, 2012
California-based Ryland Group Inc., the Indianapolis area's third-largest home builder, said it bought the Indianapolis-area lots from Westport Homes.
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Central Indiana housing market enjoys strong May

June 12, 2012
Scott Olson
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
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Area sees May surge in residential building permits

June 11, 2012
 IBJ Staff
New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
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Massive Anson project showing residential, retail progressRestricted Content

May 19, 2012
Cory Schouten
Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.
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Metro-area building activity dips in April

May 9, 2012
Scott Olson
Permits filed last month in the nine-county area totaled 352, a 2-percent year-over-year decrease. But activity through the first four months remains stronger than it was during the same time last year.
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Pulte snaps up, repositions stalled Avon housing development

April 24, 2012
Tom Harton
Pulte is tossing out the prior builder's playbook, which called for duplexes aimed at buyers 55 and older. Pulte rezoned the land to allow for single-family homes on larger lots. The resulting 123 home sites will accommodate ranch-style homes starting in the low $100,000 price range.
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Homebuilders resume land development after enduring crashRestricted Content

April 14, 2012
Cory Schouten
Newly confident buyers seeking to capitalize on low mortgage rates have discovered there’s a scarce supply of well-maintained existing homes for sale and are turning in larger numbers to new homes.
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Area home-building activity up in first quarter

April 12, 2012
New-home permits in the Indianapolis metropolitan area rose 13 percent in the first three months of 2012 compared with the same quarter last year, bolstered by stronger activity in February and March.
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Builders betting on brighter U.S. housing market

March 21, 2012
Associated Press
Residential building permits are being filed nationally at about half the rate considered healthy by most economists, but builders have grown more confident over the past six months after seeing more people express interest in buying a home.
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  1. Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.

  2. If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.

  3. John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.

  4. I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.

  5. Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.

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