Housing Starts

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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Building-permit activity rises in February

March 14, 2012
The nine-county Indianapolis area rebounded from a slow January to post a 40-percent year-over-year increase in building permits last month.
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New-home construction off to mild start

February 23, 2012
Scott Olson
Building permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the same time last year. But industry leaders are cautiously optimistic.
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Falling home inventory suggests market is firming upRestricted Content

January 21, 2012
Cory Schouten
About 12,000 homes were listed for sale at the end of December in the nine-county central Indiana market, a roughly 18-percent drop from a year earlier.
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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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