Local builders see big surge in demand for new homes
Permit filings through November have already exceeded the number filed in all of 2015 and surpass the total of any single year since 2007.
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Housing developer proposes 265-acre project next to Grand Park
Drexler Woods would include 490 single-family homes spread across 185 acres, as well as attached residential units and land for business use. Westfield officials will take a closer look at the project on Monday.
Estridge, Browning plan 100 homes, inn on Simon’s Asherwood estate
Local homebuilder Paul Estridge Jr. has agreed to purchase the sprawling Simon estate on Ditch Road known as Asherwood and is proposing a development of 100 custom homes and an inn on the 107-acre property.
Local builders still seeing rising demand for new homes
Area home builders saw surging demand for new homes for the 11th month in a row in October, the Builders Association of Greater Indianapolis reported Wednesday.
East-side St. Clair Place surging to housing revival milestone
With assistance from Near East Area Renewal, the neighborhood has seen 90 new or refurbished homes come on the market since 2010. And that number is expected to grow to 100 next year.
Former controller of Estridge Homes accused of $364K fraud scheme
Thomas Carter of Fishers has been charged with bank fraud after allegedly siphoning funds from his employer for more than three years.
Area home-construction filings rise for 10th straight month
Home builders filed 462 single-family construction permits in the nine-county area last month month, a 15 percent increase over the 403 they filed in September 2015, the Builders Association of Greater Indianapolis said.
Area home-construction filings rise for 9th straight month
Single-family construction permit filings have risen locally on a year-over-year basis in 12 of the last 13 months.
Downtown boom hits Herron-Morton neighborhood
A growing number of pricey new homes are cropping up in the historic Herron-Morton neighborhood, bolstered by the strength of the downtown housing market and the rejuvenation of East 16th Street.
Area home builders see eighth straight month of rising sales
Demand for new homes continued to rise locally last month, according to figures reported Wednesday by the Builders Association of Greater Indianapolis.
Area home builders off to best first half since 2007
Area filings have risen on a year-over-year basis for the past seven months.
Country club land along White River to be preserved in $2.7M deal
Club directors chose to sell 12.5 acres to the Central Indiana Land Trust after considering an offer from a local developer who wanted to build homes on the property.
UPDATE: Builder, trade groups sue Greenwood over new design standards
An Indianapolis-based home builder and two trade associations have filed a lawsuit against Greenwood, claiming the city has adopted architectural standards on new houses that will drive up prices so significantly that the costs would preclude home ownership for thousands of residents.
Hot streak for Indy-area home builders extends into May
The last time area home builders filed more permits for May was in 2007, when they turned in 779.
Shifting plans sow dis-Harmony in Westfield ’hood
The developer of the Harmony community is seeking zoning changes that would allow a gas station and fast food restaurants within the community; many residents are opposed.
Former Whitestown-based builders charged with $1.2M fraud
Police say Gary Ogle, 69, and Robert Fersch, 68, defrauded customers and subcontractors in Hendricks, Marion, Boone and Hamilton counties of $1.2 million.
New homes selling rapid fire at former Fort Ben
Builder David Weekley Homes is launching the second phase of its 74-lot Residences at Lawrence Village project more quickly than expected.
Indianapolis-area home builders stay on growth streak
Indianapolis-area residential builders filed 546 single-family construction permits in the nine-county area last month, their best April since 2007.
Mass Ave project could aid revival of corridor cut off by interstates
A redevelopment of the prized IPS property along College and Massachusetts avenues would add more housing and retail options along the bustling corridor and push activity farther east.
Finding a newly built home for less than $250,000 is tricky
Industry experts point to a host of factors for the increasing shortage but say it’s mostly driven by the state’s property tax caps coupled with rising home-building fees charged by municipalities.