
Developer, major homebuilder plan 350-plus houses on east side of Noblesville
The development called Parks at Crossroads would be D.R. Horton’s first subdivision in Noblesville.
The development called Parks at Crossroads would be D.R. Horton’s first subdivision in Noblesville.
The plan for the Reserve at Union Woodlands was opposed by residents living in rural Zionsville and raised safety concerns from executives with the nearby Indianapolis Executive Airport.
With changes to the Equal Access rule and other guidance still unclear, what happens now often depends on where a case is filed.
Based off the latest U.S. median home listing price, homebuyers need to earn $47,000 more a year to afford a home than they would have just six years ago.
The March sales decline is the largest monthly drop since November 2022, when sales fell 6.7% from the previous month.
A proposed 147-acre residential and commercial development continues to face opposition from nearby residents and Indianapolis Executive Airport officials.
The Fishers City Council voted 9-0 to approve the proposed ordinance, which would cap the percentage of single-family rental houses. Meanwhile, Carmel began considering its own plan.
Single-family building permit filings in the nine-county area were down significantly in March.
The plan calls for limiting the percentage of single-family rental units per subdivision to 10%, but it would grandfather in existing rentals.
Plans for communities proposed by M/I Homes of Indiana called MontClaire and Bending Branch were presented to members of the Noblesville City Council this week.
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
The upscale Slate at Fishers District was developed at a cost of about $63 million on 25 acres east of Ikea, with construction completed in May 2024.
Frozen grants, delayed allocations and terminated funds are all examples of what Indianapolis housing providers and builders face as President Donald Trump’s administration slashes federal programs and jobs.
If the development is built according to its current plan, it would feature 296 single-family houses and town houses, and commercial space.
Carmel-based Old Town Cos. LLC and Indianapolis-based Avenue Development are seeking to build the apartments on 10.4 acres in the $100 million North End development.
Meanwhile, the Builders Association of Greater Indianapolis this week welcomed its first new CEO in 29 years.
Closed existing-home sales in the 17-county area fell for the third time in four months in February, but sales prices continue to climb.
Edward Rose & Sons wants to build seven apartment buildings and a commercial/retail building at the former site of Resort Condominiums International’s North America office.
Chris Pryor, chief advocacy officer for the MIBOR Realtor Association, said organization leadership is concerned that the proposed ordinance would restrict property rights, limit housing options in Fishers and interfere with the free market.
The average rate on a 30-year mortgage in the U.S. has declined six weeks in a row, according to mortgage buyer Freddie Mac.