Home builders race to meet demand
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
Homebuilders
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Homebuilders end 15-month streak of permit increases
The central Indiana home construction industry reversed course in October, with a rare year-over-year decrease in the number of single-family building permits filed. The drop follows a recent downward trend.
Homebuilder Estridge plans return after landing $25M
Paul Estridge Jr. says he is returning to the home-building business after securing $25 million from a private-equity firm in North Carolina. The venture’s first project will be Harmony, a 270-acre community in Westfield.
Local homebuilders see mild increase in permit filings
Single-family-building permit filings rose 8 percent in the nine-county area in September, marking the 15th straight month of year-over-year increases, the Builders Association of Greater Indianapolis reported Tuesday.
Home-A-Rama back after five-year layoff as market improves
With the housing market on the mend, the Builders Association of Greater Indianapolis decided the time was right to reintroduce the show, which gives the public an opportunity to tour newly built custom homes.
Paul Estridge Sr., founder of home builder, dies at 79
The Broad Ripple High School graduate took a flyer on building custom homes in 1967 and created an empire in the city’s northern suburbs.
Indianapolis-area homebuilding filings rise 13 percent
Single-family-building permit filings in the nine-county area saw their 14th straight month of year-over-year increases in August, the Builders Association of Greater Indianapolis announced Wednesday.
New homebuilders take root in Indy after downturn
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
Indianapolis-area homebuilding filings jump 35 percent
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
Homebuilding permits rise for 12th straight month
Through June this year, 2,603 permits have been issued in the Indianapolis area, an increase of 26 percent compared to the first six months of 2012.
Veteran custom homebuilder taking prefabs downtown
Ursula David is out to dispel the perception that modular homes are little more than glorified double-wides. David, who started Ursula David Homes 20 years ago, is concentrating on a new project, Indy Mod Homes, and is targeting an unlikely place for the prefabs—the urban core.
Crunching the numbers: Hamilton County homebuilding activity leads region
Builders filed 817 single-family permits in Hamilton County during the first five months of the year. Which community had the most activity? Plus: Boone County stats.
Homebuilders extend streak with 23-percent surge in permits
Single-family building permits rose 23 percent in the nine-county Indianapolis area in May, the 11th straight month of year-over-year increases.
Homebuilder focuses on ‘pocket’ communities near Carmel attractions
Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel’s old neighborhoods.
Area homebuilding permit filings surge 41 percent
Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.
Area homebuilding permits jump 10 percent
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
Boomerang comes back with plans for Noblesville subdivision
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
Monthly home-building permits still on the rise
Area home-building activity continues to improve as the number of single-family permits filed in February jumped 30 percent from the same period last year.
Home-building permit filings continue to climb
Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent from the same period last year.
Area homebuilding hits highest mark since 2008
The number of home construction permits in the Indianapolis area jumped 16 percent last year, marking just the second year-over-year increase in filings since 2005.