Westfield Market Statistics 
This is the Westfield Market Statistics blog category for IndyHomeSpecialist.com. This is your one stop shop to research relevant news and insight about Westfield pending and closed sales, housing permits, and market conditions.
There are currently 7 blog entries related to this category.
Indianapolis Most Affordable Major Housing Market
Monday, November 22nd, 2010 at 9:56am. 863 Views, 0 Comments.
Indianapolis reclaimed the top spot as the most affordable major housing market in the United States. Per the National Association of Home Builders / Wells Fargo Housing Opportunity Index, Indianapolis reclaimed the top spot it held for five years before Syracuse earned it last quarter.
"In Indianapolis, 93.3 percent of all homes sold were affordable to households earning the area's median family income of $68,700."
NAHB Chairman Bob Jones, a home builder from Michigan cited interest rates and low housing prices as reasons for housing affordability. "With interest rates remaining at historically low levels, and house prices starting to stabilize, homeownership is within reach of more households than it has been for almost 20 years. …
Westfield Indiana Symphony Project Being Scaled Down
Wednesday, October 20th, 2010 at 7:30am. 902 Views, 0 Comments.
The Estridge Companies 
had planned a 1,400-acre Symphony in Westfield, Indiana, but have announced recently that they will be scaling down the project by approximately two-thirds. Also, instead of completing the project all at once, the developer will now proceed with the project in a number of phases.
The company’s president, Paul Estridge, says the decision comes in light of the feeble state of the residential housing market. In a recent IBJ News article, Estridge told reporters that the weak economic climate and feedback from community residents contributed to his decision to go with a different development plan. What had originally been a 1,400 acre project will now be only 463 acres.
In addition to this news, Estridge also recently…
Top 10 Indianapolis New Home Building Sub Markets in 2009
Thursday, April 15th, 2010 at 11:12am. 476 Views, 0 Comments.
So where was all the building activity in 2009? Below is a breakdown of the top home building sub markets of Indianapolis. Not surprisingly, Fishers leads the way due to it's low cost of entry and many already estrablished communities with paved lots to build on.
Top 10 Indianapolis New Home Building Markets Based on 2009 Permets
| Sub Market |
Total Permits |
| Fishers | 478 |
| Noblesville | 398 |
| Franklin | 259 |
| Hendricks Co |
205 |
| Carmel | 204 |
| Boone Co |
192 |
| Westfield | 187 |
| Avon | 156 |
| Johnson Co |
128 |
| Brownsburg | 122 |
Click here for information about the Top Homebuilders in 2009
Top 10 Indianapolis Home Builders in 2009
Thursday, April 15th, 2010 at 10:36am. 973 Views, 1 Comments.
A lot has changed in the last year to the top builders in metro Indianapolis. You won't find CP Morgan or Davis Homes on this list and if you add Centex and Pulte permits together (since they merged in 2009), they would be the #2 builder. Additionally, this year, we will see the addition of Ryan Homes to the top 10 list. Below is a list of the top producing home builders in Indianapolis,
Top 10 Builders by 2009 Permits
| BUILDER | 2009 TOTAL PERMITS | MARKET SHARE |
| Beazer | 584 | 18.4% |
| Westport | 362 | 11.4% |
| Ryland | 346 | 10.9% |
| Arbor | 307 | 9.7% |
| Pulte | 233 | 7.4% |
| MI | 196 | 6.2% |
| Estridge | 165 | 5.2% |
| Centex | 154 | 4.9% |
| Drees | 86 | 2.7% |
| Paul Shoopman |
59 | 1.9% |
Please check out our Home Builder Guide and call us…
Hamilton County Building Permits up 111% in January
Tuesday, February 23rd, 2010 at 9:03am. 329 Views, 0 Comments.
Last week, we received some great news from the Builders Association of Indianapolis about building permits in Hamilton County. Permits were up 111% in January 2010 compared to 2009. In 2009, builders pulled 53 permits compared to 112 this year.
One of the biggest city gainers was Carmel with a 280% gain from 10 in 2009 to 38 this year. The other big gainer was Noblesville that went from 13 permits to 30 for a 130% gain. Fishers builder permits grew modest 18%.
We have spoken with a few of our builder contacts that say there is still a few weeks left to get a home started so you can take advantage of the home buyer tax credit and STILL have it close by the end of June.
Please contact us anytime if you are intersted in building a new house…
Indianapolis Home Builder Permits: December Best Month in 2009
Tuesday, January 19th, 2010 at 7:03pm. 277 Views, 0 Comments.
Per the Builders Association of Greater Indianapolis via the Indianapolis Star, the home builders in metro Indianapolis had the best month of the year in December for 2009. Permits jumped 33% in December compared to December of 2008.
While permits were down for the whole year, the report suggests that after a dismal year for homebuilders, things may be turning around. In addition, homebuilders continue to run some fantastic promotions on top of selling homes at the lowest prices in years.
Our team has a great deal of experience in new home sales and would be happy to assist you in purchasing a new home with a custom or production builder. Feel free to contact us any time and visit our Home Builder Guide for more…
"Get Local" Information about any Listing
Wednesday, October 28th, 2009 at 6:57am. 300 Views, 0 Comments.
Schools, amenities, and neighborhood information are now just a click away when visiting any listing on IndyHomeSpecialist.com. We are proud to announce that our new "Get Local" feature has gone live for every home listed throughout the metro Indianapolis.
When viewing a listing, above the picture, where you can also view maps, directions, and birds eye views, you can now click on "Get Local". Once there, you can toggle between "Nearby Amenities", "Nearby Schools", and "Neighborhood Amenities".
The "Nearby Amenities" tab shows you a map with the listing with the closest golf courses, churches, pizza restaurants, etc. The "Nearby Schools" tab shows you all the schools for that particular listing. Lastly, the "Neighborhood Information" tab shows you…
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