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.
Since its founding in 1994, Arbor Homes LLC and its affiliates have constructed more than 13,000 homes in the Indianapolis area.
Organizers of the affordable-housing and neighborhood-revival effort, designed to attract and retain teachers for urban schools, are set to unveil the first 15 homes.
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.
Liberty Villas would be pitched toward active empty nesters. The area where the homes are proposed is exploding with residential development.
In a proposal that has already drawn criticism from neighbors, a developer has filed plans to build 42 townhomes and 25 single-family homes.
The developer has requested a rezoning to allow for a subdivision on 63 acres north of 171st Street and east of Mill Creek Road.
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
The increase stemmed from a sizable 4.5 percent rise in residential construction, the biggest percentage gain since November 1993.
Builders in the nine-county area saw the busiest April for permit filings since 2007.
A developer and the city of Elwood have broken ground on what is expected to be the largest residential development in the community of 8,500 people about 20 miles northeast of Noblesville.
U.S. homebuyers are now more likely to purchase new than at any time since the 2008 crash. They don’t have a lot of choice.
Dan Sink, who helped lead Kite Realty Group Trust through its initial public offering in 2004, plans to step down as chief financial officer, the company announced Monday.
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.
M/I Homes has plans to build 40 single-family units and 20 town houses on the former hospital campus, bringing even more investment to an area on the mend.
Pulte Homes of Indiana has filed plans to develop 78 single-family homes on land adjacent to the proposed site of the new Little League International regional headquarters in Zionsville.
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.