Applications for new homes continue to surge in central Indiana
Central Indiana residential builders are on pace to have one of their busiest years since the homebuilding boom that took place before the Great Recession.
Homebuilders
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Applications for new homes rise for 14th straight month in central Indiana
Led by big surges in applications in Hancock and Johnson counties, demand for new homes in the Indianapolis area continued to grow in August.
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Pulte planning to expand Kimblewick neighborhood in Westfield by 225 homes
The 108-acre project would represent the third phase of the Kimblewick development, which first received approval in 2019.
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Yearlong positive streak ends for area homebuilders
Permit filings had risen on a year-over-year basis for 11 straight months before June’s decrease.
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Carmel-based Pyatt Builders acquired by national homebuilder
Taylor Morrison, one of the nation’s largest home builders, also acquired about 1,500 lots around the Indianapolis metropolitan area as part of the deal.
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Articles
Housing starts ease nationally on decline in multifamily construction
U.S. housing starts slowed in September as a drop in multifamily projects outweighed a pickup in construction of single-family dwellings.
Lennar planning two southeast-side subdivisions with 355 homes
The Franklin Township projects, Eagle Creek and Crescent Ridge, will collectively occupy nearly 200 acres.
Applications for new homes rise for 11th straight month in Indy area
However, the central Indiana homebuilding market has lost much of the velocity that characterized the first couple of months of 2024.
Applications for new homes rise for ninth straight month in central Indiana
The Indianapolis-area homebuilding industry continued to see rising interest in new houses in March, with applications for new-home construction increasing 18.5% on a year-over-year basis.
Developer receives OK for two subdivisions in Westfield with nearly 600 houses
Platinum Properties Management Co. plans to build Ravinia on 80 acres near West 166th Street and Eagletown Road and Winterburg on 205 acres about two miles west of Grand Park Sports Campus.
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.
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.