Area homebuilders continue to see surging demand
Applications for new home construction in central Indiana have risen on a year-over-year basis for eight straight months.
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Homebuilders planning nearly 300 homes in Noblesville
Residential builders Epcon Communities and M/I Homes of Indiana presented plans to the Noblesville City Council for two neighboring developments.
New homes are shrinking as builders look to keep prices down
After years of prioritizing large homes, the nation’s biggest and most powerful home builders are finally building more smaller ones, driving a shift toward more affordable housing.
Lennar looking to develop 95-home neighborhood in Carmel
Current plans for the project call for the construction of 47 single-family houses, 48 town houses and 15,000 square feet of retail space.
Area homebuilders see surge in demand to start 2024
Applications for new home construction in central Indiana rose 77% in January on a year-over-year basis, according to the Builders Association of Greater Indianapolis.
Bill further rolling back Indiana wetland protections is first to land on governor’s desk
The Senate approved the measure 32-17 on Tuesday — with eight Republicans joining the opposition. It’s not clear where Gov. Eric Holcomb stands on the bill, however.
Area homebuilders optimistic after late-year surge in permit filings
After a dismal first half, applications for new home construction rose significantly during the last six months of the year in the nine-county area.
Area home construction permit filings rise for 5th straight month
Hamilton, Johnson and Marion counties saw huge surges in single-family building permit filings in November.
Homebuilders step up construction as 30-year mortgage rate eases
Another incentive for builders: The inventory of previously occupied homes for sale is likely to remain tight because many homeowners have locked in low mortgage rates.
Developers eyeing renters, not buyers, for new communities
Build-to-rent houses are typically built as a master-planned community with 100 to 200 houses, average monthly rents of around $2,000, and amenities.
Indianapolis-area home construction permit filings surge 59%
For the first time since March 2021, every Indianapolis-area county reported growth in single-family building permit filings.
Developer planning townhouse development on west side of Noblesville
Indianapolis-based Platinum Properties Management Co.’s plans call for the Westbrook townhouse community to be built on 19 acres on the northeast side of the intersection of Moontown Road and Castamere Drive.
Lennar Homes planning 85 new homes on northeast side of Lebanon
Liberty Village is the most recent housing development planned in Lebanon, which has approved about 800 new homes this year.
Indianapolis-area home construction permit filings surge 30%
August’s jump in filings was aided by big increases in Marion, Hamilton, Hendricks and Boone counties.
Area homebuilders see first increase in permit filings since 2021
Six of the area’s nine counties had rising single-family building permit numbers last month, with big increases seen in Hendricks, Madison and Morgan counties.
Area home construction permit filings down only slightly in June
The Indianapolis area might be showing signs of emerging from a single-family construction slump that began early last year.
Home construction rise in Hamilton County bucks area trend
Single-family building permit filings in central Indiana have fallen on a year-over-year basis for the past 17 months and in 20 of the past 22 months.
Home construction rise in Marion County bucks area trend
The Indianapolis area continued to see a slump in residential construction last month despite a big jump in single-family building permits in Marion County.
Area residential builders see 15th straight month of falling permits
Demand for new houses in central Indiana continued to lag last year’s pace in March, but longtime housing hotbed Hamilton County broke out of its recent slump.
Developer planning townhouses, duplexes along 146th Street in Carmel
Farmington Hills, Michigan-based Schafer Development LLC is seeking city approval to rezone the land. Pulte Homes of Indiana LLC would be the builder for the 14-acre development.