Multifamily housing may not benefit anytime soon from falling rates of homeownership.
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.
The number of building permits issued in the nine-county Indianapolis area fell 20 percent in September from the same time
last year, marking 23 consecutive months of declines.
Charter Homes owner Jerry J. Jaquess has been sentenced to two-and-a-half years in prison and ordered to pay restitution of
$825,000 for his role in a $20 million mortgage fraud scheme.
Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant
crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
The end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
F.C. Tucker Co. has entered into an agreement with Shoopman Home Building Group in which 21 Tucker real estate agents will
staff model homes in seven communities Shoopman is developing.
A depression in the home-building market has claimed a Fishers builder and continues to hammer locally based Davis Homes LLC–a
powerhouse for years that now is facing foreclosure on about 80 home sites.