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Articles

Crunching the numbers: Hamilton County homebuilding activity leads region

June 11, 2013

Builders filed 817 single-family permits in Hamilton County during the first five months of the year. Which community had the most activity? Plus: Boone County stats.

Area homebuilding permit filings surge 41 percent

May 9, 2013

Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.

Area homebuilding permits jump 10 percent

April 10, 2013

Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.

Area homebuilding hits highest mark since 2008

January 9, 2013

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.

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.

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.

Area homebuilding permits jump 21 percent

August 9, 2012

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.

Area sees May surge in residential building permits

June 11, 2012

New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.

Metro-area building activity dips in April

May 9, 2012

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.

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.

Metro home-building activity sinks again in 2011

January 11, 2012

New-home construction in the Indianapolis area slid in 2011, marking six straight year-over-year declines in residential building. The 3-percent decrease in building permits, however, was the smallest decrease since 2006.

Area residential building permits up in October

November 8, 2011

Double-digit increases in permit filings the past three months have residential construction activity in the Indianapolis metropolitan area in position to surpass last year’s pace.

Waiting for construction industry to recover

October 5, 2011

The recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.

Potterhill Homes enters Indianapolis market

June 23, 2010

A Cincinnati-based homebuilder’s expansion into Indianapolis marks the second time in six months a builder from the
Queen City has carved out space in the metropolitan area.

Residential building activity levels off after surge

June 18, 2010

The number of building permits filed in the nine-county metropolitan area has been flat the past two months following a flurry
of activity leading up to the expiration of federal home-buying tax credits.

Tax-break deadline spurs spec homes in Parade

March 29, 2010

This spring’s Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to
take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking
chances on more spec homes.

Troubled homebuilder’s funds frozen after failing to pay judgment

November 24, 2009

A Marion County judge has frozen certain Hansen & Horn Group Inc. funds after the Indianapolis homebuilder failed to pay
a $183,000 legal judgment. The move sheds light on the severity
of the company’s woes.

Builders challenge park fee in Zionsville

November 17, 2008

Zionsville Town Council members have until Nov. 17 to decide whether to appeal a judge’s decision last month that invalidated
the town’s park-impact fee.

Castalia planning green neighborhood: Carmel-based custom homebuilder lining up financing for Mooresville community with 144 eco-friendly homes

May 26, 2008

In terms of eco-friendliness, few homes in central Indiana boast much more than a high-efficiency furnace or low-flush toilet. But a Carmel-based custom-home builder is so certain the region is ready to embrace the green movement that he is willing to risk investing in a residential community designed to achieve national environmental recognition. Frank Redavide, president of Castalia Homes LLC, is finalizing financing for the project and plans to start construction within 60 days. The 144-lot development, called Villages of…

Sellers waiting for recovery in area housing market: Economist expects another nine months of ‘slow going’

October 29, 2007

Melinda and Brooks Bertl know the ups and downs of the current real estate market-personally. They started looking for a home to buy this spring and it took them only two weeks to find one they liked in Carmel. “I guess we knew what we wanted and found it. And the house had been on the market for some time,” said Melinda Bertl, indicating the sellers were ready to make a deal. They bought the house and moved into it….

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