Carmel Indiana home builders pulled 280% more permits in January 2010 that they did in Janaury 2009.
This is great news for builders and the market as buyers continue to take advantage of the first and second time buyer tax credit. In January 2009, which seems to be around the bottom for builders in Carmel, builders pulled 10 new homebuilding permits. That compares to 38 new permits pulled last month.
Most production builders and a few custom builders had the ability to sell a new (from the ground up) home in Janaury and have it finished before the tax credit expires in June. Some builders still say they can sell and complete a new home in Carmel house in enough time.
If you are considering a newly built home in Carmel, check out our Carmel real estate and Indianapolis Home Builder Guide website and give us a call. We have 16 years on new home construction experience.
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