Residential Real Estate: Marketplace for March 30, 2018
Pending home sales in the central Indiana dipped 0.7 percent last month compared to the previous year, although prices are up 5.3 percent so far this year, to nearly $194,000.
IBJ Staff
Articles
Longtime WTHR-TV anchor Stehr announces retirement
John Stehr, 59, took a leave of absence from anchoring duties last year after undergoing heart surgery for an aneurysm but he returned in October.
EDITORIAL: IPS must do a better job selling $725M tax-hike plan
Taxpayers are willing to pay more for better schools, but they aren’t pushovers. IPS must make a compelling case for the money.
Indianapolis-area home sales jump as inventories tighten, prices rise
The total number of active home listings in the region plummeted 19.4 percent, from 8,489 at the end of February 2017 to just 6,845 at the end of last month.
Two manufacturers plan new plants in Whitestown, nearly 200 jobs
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.
Indianapolis receives World Trade Center designation
The World Trade Centers Association announced the decision Monday morning after an application and approval process that lasted more than a year.
Local tax business accused of filing fraudulent returns in federal suit
The U.S. Department of Justice is accusing a tax preparation business with two locations in Indianapolis of reporting false information on federal income tax returns. It is seeking to shut down the business.
Indiana’s unemployment rate eases down to 3.2 percent
Private sector employment grew by 5,200 over the month and is up 28,200 over the past year, the state said.
Songbook Foundation takes another step in museum pursuit
While it weighs what to do with its multimillion-dollar Asherwood donation, the Great American Songbook Foundation has been selected to participate in the American Alliance of Museum’s Museum Assessment Program.
Simon Property’s CFO to retire after 30 years with company
Andrew Juster joined the Indianapolis-based company in 1989 when it was known as Melvin Simon & Associates.
EDITORIAL: How can a supermajority fail? Ask Indiana Republicans
Voters should be frustrated with GOP leadership—or lack thereof—at the Legislature. But at least they can now dull their distress with beer they buy on Sundays.
Securing venture capital remains central Indiana issue
Six technology leaders and entrepreneurs took part in IBJ’s Technology Power Breakfast at the JW Marriott. Here’s some of what they had to say.
ClearScholar signs two new clients
Indianapolis-based ClearScholar, which provides app-based software to communicate with and engage students, recently announced deals with New Castle School of Trades in New Castle, Pennsylvania, and North American Trade Schools, a private vocational school in Baltimore. The two organizations are using ClearScholar’s platform “to attract new students and create deeper connections with prospective and current […]
Driverless car company partners with Indy 500 winner
Dario Franchitti, winner of three Indianapolis 500 races, including this one in 2012, is helping Coast Autonomous understand how cars respond to drivers. (Photo courtesy of Indianapolis Motor Speedway) Coast Autonomous, a Pasadena, California-based self-driving-vehicle technology company, has hired three-time Indianapolis 500 winner Dario Franchitti as a consultant as it continues to develop its autonomous-vehicle […]
Kelley School launching manufacturing research center at IUPUI
In addition to conducting research, the IU Kelley School Center for Excellence in Manufacturing is expected to “provide strategic and leadership training” for MBA and undergraduate students.
Veteran weather reporter Brewer leaving WISH-TV for new gig
Ken Brewer, a meteorologist at WISH-TV Channel 8 for more than 17 years, will be joining his former boss in the private sector.
Three firms founded at Launch Fishers planning to add 82 jobs
Three fledgling businesses that trace their roots to co-working space Launch Fishers announced growth plans Tuesday that are expected to lead to $2 million in capital investments in Fishers.
Area home builders have busiest February since 2006
Builders filed 481 single-family construction permits in the nine-county area in February, a 37 percent increase over the 351 permits they filed in 2017.
Governor makes utility regulatory leadership moves
Gov. Eric Holcomb on Monday appointed former state representative David Ober to an open spot on the Indiana Utility Regulatory Commission and promoted interim IURC chairman Jim Huston to chairman.