Builder confidence in the market for condominiums continued to fall in the second quarter of 2008, according to the Multifamily Condo Market Index (MCMI), released today by the National Association of Home Builders (NAHB). The latest decline pushed two of the three components of the MCMI to their lowest levels since NAHB created the index [...]

Davis Homes, one of Central Indiana’s largest neighborhood developers and homebuilders will stop its normal business operations on July 23 due to a severe downturn in the housing market. Started in 1985, the local, family-owned company built more than 12,000 homes in more than 80 neighborhoods across Central Indiana but was hit hard by the [...]

Builder confidence in the market for newly built single-family homes fell for a third consecutive month in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI fell below its previous record low of 18 in June to a new record low of 16 in July, [...]