Weather still dampening central Indiana home construction
Applications for home construction fell 1% in central Indiana in May, marking the sixth straight month of declining permit filings.
Applications for home construction fell 1% in central Indiana in May, marking the sixth straight month of declining permit filings.
More than two dozen current and former McDonald's workers filed sexual harassment complaints Tuesday to confront what they say is widespread misconduct at the fast-food behemoth.
Applications for single-family construction permits in the nine-county area are down 12 percent so far this year.
Single-family construction permit filings have fallen for the past four months following a 14-month streak of year-over-year increases.
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
A slowdown in home construction that began in central Indiana in late 2018 continued into the new year.
Despite the disappointing closing month, 2018 turned out to be the busiest year for local builders in more than a decade.
J.P. Morgan has won a preliminary injunction against three former employees in its Carmel office, who are accused of taking at least 20 clients with millions of dollars in assets to a competing firm.
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.
The parent of Scotty’s Brewhouse filed for Chapter 11 bankruptcy protection late Tuesday in Indianapolis. It plans to shut down four of its 17 locations, including two local restaurants.
A new report from the Builders Association of Greater Indianapolis and MIBOR Realtor Association says builders have a long way to go if they want to keep up with the area’s future demand for new housing.
On a year-to-date basis, single-family construction permits in the nine-county area are up 19 percent.
Area builders saw a big jump in new-home applications in July, especially in Marion, Hancock and Hamilton counties.
Indianapolis-area builders saw rising interest in new homes in June, but the growth rate in that demand declined to its lowest point in 14 months.
Single-family construction permit filings in the nine-county area have been on the rise in 28 of the last 30 months on a year-over-year basis.
Builders in the nine-county area saw the busiest April for permit filings since 2007.
Area home builders saw more demand for new homes in the first quarter than they have since 2006, according to a report released Thursday by the Builders Association of Greater Indianapolis.
Builders filed 481 single-family construction permits in the nine-county area in February, a 37 percent increase over the 351 permits they filed in 2017.
It was the busiest January for builders since 2007, according to figures reported Monday by the Builders Association of Greater Indianapolis.
Area home builders in the nine-county area experienced their sixth straight year of rising sales.