Housing construction jumps
The Commerce Department said Wednesday morning that construction of new homes and apartments rose 8.9 percent in November.
Homebuilders
Articles
Local home builder placed in receivership
A receiver appointed to manage the assets of financially troubled Hansen & Horn Group Inc. will recommend whether the Indianapolis-based
home builder should remain in business.
Hansen & Horn insolvent, receivership next step for builder
The president of Hansen & Horn Group Inc. admitted in court Thursday that the troubled home builder is insolvent and agreed
to have a receiver appointed to operate the company.
Attorneys drop troubled home builder Hansen & Horn
Indianapolis-based Hansen & Horn Group Inc. is without legal representation after attorneys defending the troubled
home builder from a slew of lawsuits dropped it as a client.
Troubled homebuilder’s funds frozen after failing to pay judgment
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.
Homeownership losing cachet due to housing bust, job losses
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
Home-construction starts, permits plunge unexpectedly
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
IURC conducts review of Centennial’s telecom service
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.
Fewer home-building permits signal weakness ahead
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
Area building permits fall for 23rd straight month
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.
Virginia homebuilder enters market
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.
‘Makeover’ making another trip to central Indiana
Popular ABC show ‘Extreme Makeover: Home Edition’ is returning to central Indiana.
A pair of community banks see loan woes escalate
Community Bank of Noblesville and Blue River Bancshares Inc. of Shelbyville have seen loans sour
at a rate that might have seemed unimaginable before the housing market tanked and the recession set in.
Charter Homes owner gets 2-plus years for mortgage fraud
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.
SPECIAL REPORT: Charter Homes draws scrutiny for odd sales claims, multiple liens
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.
Recession slows the creation of a self-contained Boone County community
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
C.P. Morgan’s demise puts 2,000 home sites on market already overwhelmed with land
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 forms partnership with home-builder Shoopman
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.
Davis Homes folds, other builders struggle
Davis Homes, one of the state’s largest home builders, fell victim to the tough housing market, ceasing operations July 23.
Builders challenge park fee in Zionsville
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.