Lawmakers advance measure to create fund for housing infrastructure
The bill’s author—a homebuilder—says the fund would be a tool for Indiana communities to provide infrastructure for their housing needs, especially workforce housing.
Homebuilders
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Area residential builders get off to slow start in 2023
Filings for single-family building permits in central Indiana have fallen on a year-over-year basis for the past 13 months and in 16 of the past 18 months.
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Area homebuilders hope for better year after 2022 slump
The industry had a tough time in 2022 following its busiest year since 2005 amid escalating mortgage rates and rising inflation.
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Prolific homebuilder Paul Estridge Jr. dies at 65
A lung transplant recipient in November 2020, Estridge contracted a lung infection in recent days that his family said he could not overcome.
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Area homebuilders see 11th straight month of falling permits
Interest in new homes in central Indiana continued to slow dramatically last month, according to the latest statistics from the Builders Association of Greater Indianapolis.
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Articles
Homebuilding in central Indiana continues to crater as interest rates rise
Builders in the nine-county Indianapolis area filed only 457 single-family building permits in October, down a whopping 46% from 845 in the same month of 2021.
Developer plans 61 homes near 136th and Cyntheanne in Fishers
The proposed Cyntheanne Woods subdivision would be developed on about 41 acres at the southeast corner of East 136th Street and Cyntheanne Road.
Developer plans 94 homes on East 196th Street near Morse Reservoir
The Retreat at Morse development is expected to include attached single-family villas that would be built by Beazer Homes and cost an average of $400,000.
Slowdown escalating for Indianapolis homebuilders
Single-family building permits have fallen on a year-over-year basis for the past nine months and in 12 of the past 14 months.
Increasingly, perfect starter homes are only available for rent
The construction of tens of thousands of rental homes could help rebalance the broader housing market. But critics say build-to-rent arrangements are exacerbating long-simmering inequalities by making homeownership even more elusive.
Area homebuilders see 8th straight month of falling construction permits
Rising mortgage rates, supply-chain issues, increasing costs and limited lot availability are hampering the market, according to industry experts.
This year’s area homebuilding slump predicted to get worse
In a state-of-the-industry report released this week, the Builders Association of Greater Indianapolis predicted that new-construction home sales in the nine-county area would slow significantly through 2023.
Area homebuilders see 6th straight month of falling construction permits
Applications for newly built houses are continuing to trail last year’s pace in central Indiana, but homebuilders remain busy, according to the Builders Association of Greater Indianapolis.
Area homebuilders see 5th straight month of falling permits
Builders are coming off their busiest year since 2005, but single-family building permits have fallen on a year-over-year basis in every month of 2022.
Developers propose new golf club community, affordable townhouses in Noblesville
The Noblesville City Council heard proposals this week for two separate residential real estate developments that would create nearly 130 new residences in the city, including more 75 high-end homes near a golf course and 50 affordable-housing options.
Area homebuilders see 4th straight month of falling permits
Rising mortgage rates, supply-chain issues, increasing material costs and limited lot availability are hampering the market.
Area homebuilders slowed by lot availability, supply-chain issues
Single-family building permits have fallen on a year-over-year basis for the past three months and in six of the past eight months.
Area homebuilders off to slow start in 2022 despite demand for houses
Supply-chain issues, labor shortages and a lack of suitable lots are holding back sales, according to the Builders Association of Greater Indianapolis.
Central Indiana homebuilders off to slow start in 2022
Central Indiana homebuilders are coming off their busiest year since 2005, but January saw a big drop in single-family building permit filings.
Central Indiana homebuilders see busiest year since 2005
Eight of the nine counties in the Indianapolis area saw a year-over-year increase in single-family building permit filings in 2021.
Area homebuilders see third straight monthly drop in permit filings
The recent slump has slowed what had been a torrid pace for the local home-construction industry. Permit filings are still easily on pace to have their biggest year since 2005.
Area home builders see first drop in permit filings in 14 months
Despite a slight decline in August, single-family building permit filings are still on pace to have their biggest year since 2005.
Builders see increased demand for new homes for the 14th straight month
So far this year, 6,539 single-family building permits have been filed in the Indianapolis area, up 39% over the first seven months of 2020.
Lumber drops to nine-month low, extending retreat from record
The tumble marks a stark turnaround for the common building material after strong U.S. construction demand during the pandemic spurred a surge in orders for lumber, causing prices to more than quadruple to their May peak and fueling inflation concerns.