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.
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Kroger Marketplace store, 98 homes planned on southern edge of Noblesville
Plans call for the Star Brick Village retail and residential development to be built on 72 acres along East 146th Street, just north of Fishers.
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.
Butler seeks approvals for new presidential residence by campus
The school intends to demolish an existing residence and build the new house before late 2026, which coincides with the end of President James Danko’s contract with the school.
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.
Indianapolis startup Dwellane aims to provide local context for online house-hunting
Dwellane, founded by a longtime Indianapolis real estate agent, offers a website where users can both search for local homes and learn about the neighborhoods in which those homes are located.
Developer planning age 55-and-over community on north side of Carmel
Pulte Homes of Indiana LLC would build the houses, which would range from 2,200 square feet to 2,750 square feet and cost between $700,000 and $750,000.
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.
Sales of existing homes in central Indiana reach two-year slump
Sales of existing homes in central Indiana have fallen for 24 straight months on a year-over-year basis., but the market showed signs of improvement in January amid a small decline in mortgage rates.
M/I Homes of Indiana planning project with 190 townhomes in Noblesville
The homebuilder is looking to build the development, called Townes on 238, on 26.7 acres north of State Road 238, east of Promise Road and south of East 156th Street.
Growing Boone County needs varied housing options, study says
The big questions are whether the county is ready for projected growth and how its communities need to prepare for the LEAP Research and Innovation District.
Record number of Americans can’t afford their rent, new study finds
After failing to make a significant dent in the problem over the last decade, state and federal lawmakers across the U.S. are making housing a priority in 2024 and throwing the kitchen sink at the issue.
Butler University planning apartment-style student housing for upperclassmen, grad students
While the 5,763-student university has not yet finalized the details of its plan to accommodate demand for semi-independent and amenity-rich housing, it hopes to secure board of trustees approval by the end of the year.
Developer, neighbors reach last-minute deal on $61M apartments project north of Broad Ripple
The agreement between J.C. Hart Co. and residents of the Oxbow Estates and Spirit Lake condominiums cleared the way for the City-County Council to unanimously approve a rezoning of the former Willows Event Center property.
NBA weekend could be All-Star shot for downtown
Brokers are filling vacant retail spaces with corporate parties, personal events and an assortment of fan-focused pop-ups. They hope the crowds will want to return later for a fun night, a nice dinner or even office or residential space.
Developers planning 188-unit apartment project in Whitestown
Brown Capital Group and Strategic Capital Partners previously partnered to develop Greenview Apartments, a 216-unit development adjacent to the future site of The Grove.
Housing affordability near record low hits Black buyers particularly hard
Almost half of Black home buyers in 2022 were first-time buyers, and newcomers haven’t benefited from the rising home equity that could help defray swelling sale prices and lending costs.
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.
Last year was slowest for U.S. home sales in nearly 30 as high mortgage rates frustrated buyers
The sharply higher home loan borrowing costs limited home hunters’ buying power on top of years of soaring prices. A dearth of homes for sale also kept many would-be homebuyers and sellers on the sidelines.
Average long-term mortgage rate falls to lowest level since May
Home loan borrowing costs have been mostly coming down since late October, after the average rate on a 30-year mortgage surged to 7.79%, the highest level since late 2000.