Featured Carmel Real Estate, Homes for Sale

Carmel Indiana Permits | Down in April | Up for Year

Carmel Indiana Home for Sale

Carmel Indiana housing permits were down in April 2010 but were up for the year when compared to 2009.  Carmel had 21 new permits in April compared to 30 in 2009.  That said, total permits for the year are up from 79 in 2009 to 140 this year.  That’s good news because builders seem to see the light at the end of the tunnel.  The problem though, is that there is a glut of inventory in Carmel that doesn’t seem to be moving at the $500+ price point.  While there was a nice push at the beginning of the year, it cannot all be from the tax credit because you couldn’t buy a new home and still have it finish in time for the credit.