For the first time in almost a decade, there's a new group at No. 1 in the IBJ All-Star team ranking: Dennis Nottingham’s Indy Home Pros Team. Meanwhile, there's a familiar name atop the list of solo agents.
Home builders filed 462 single-family construction permits in the nine-county area last month month, a 15 percent increase over the 403 they filed in September 2015, the Builders Association of Greater Indianapolis said.
The local developer wants to build 100 units southwest of the intersection of College Avenue and Kessler Boulevard, far fewer than what another firm originally proposed before being spurned by neighbors.
Nationwide prices are increasing more quickly than incomes as buyers compete for the dwindling supply of available homes. The ongoing imbalance in the housing market could stifle sales in coming months.