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Indianapolis Home Builders Have Good End to 2009

By
Real Estate Broker/Owner with ICON Realty Partners, LLC - Indianapolis

The home builders in metro Indianapolis had the best month of the year in December for 2009.  The Indianapolis Star reported today that permits jumped 33% in December compared to December of 2008. 

While this is great news, the year was down 21% to 3625 homes compared to 2008 and is the lowest of the decade. 

Citing the Builders Association of Greater Indianapolis, the report also states that in Marion County, permits fell 28 percent, to 772, in Hamilton County, permits were down 13 percent to 1,372 and that permits plunged 46 percent in Johnson County, to 241.

Later today, we will be uploading a detailed synopsis of the builder permits pulled in 2009 by county to our Indianapolis Home Builder Guide.