Housing Starts

New homebuilders take root in Indy after downturn

August 31, 2013
Scott Olson
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
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Indianapolis-area homebuilding filings jump 35 percent

August 12, 2013
 IBJ Staff
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
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Will residential boom end commercial bust in West Clay?

July 20, 2013
Andrea Muirragui Davis
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.
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Homebuilding permits rise for 12th straight month

July 16, 2013
Through June this year, 2,603 permits have been issued in the Indianapolis area, an increase of 26 percent compared to the first six months of 2012.
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Homebuilder focuses on 'pocket' communities near Carmel attractions

May 25, 2013
Andrea Muirragui Davis
Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel's old neighborhoods.
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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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