Residential Real Estate: Marketplace for October 30, 2017
The housing market remains strong—and sales could surpass last year’s record—despite the low inventory of homes for sale, says F.C. Tucker President Jim Litten.
IBJ Staff
Articles
Central Indiana homes sales tick up amid tight inventories
The total number of active central Indiana home listings dropped 12.9 percent, from 11,013 a year ago to 9,589 at the end of last month.
Formstack acquires Fast Forms business from Toronto firm
The acquisition provides Formstack the rights to the Fast Forms software application, one of the more popular apps on the Salesforce AppExchange.
Muncie bank buying smaller competitor for $66M
Muncie-based MutualFirst Financial’s purchase will give it additional locations in the Indianapolis market, where it currently has only one office.
Indiana’s unemployment rate jumps to 3.8 percent
Indiana’s unemployment rate jumped three-tenths of a percentage point for the second month in a row in September.
Cummins’ Indy HQ captures annual Monumental Award
Cummins Inc.’s global distribution headquarters building in downtown Indianapolis took home the highest honor at the Indy Chamber's annual Monumental Awards gala Thursday night.
First Internet sees record profit, big loan growth
The Fishers-based parent of First Internet Bank also saw big increases deposit growth and net interest income.
North-side barbecue restaurant closes after 25 years
GT South’s Rib House was founded by Georgia native Gerald Travis South in June 1992 and remained in the South family after his death in 2005.
IU med school wins $7.6M grant to study Alzheimer’s disease
The study will focus on early-onset Alzheimer’s disease, which are about 5 percent of patients.
Caine wins Watanabe award
Caine Dr. Virginia Caine, director of the Marion County Health Department, has been named Watanabe Life Sciences Champion of the Year, an honor named after the late Dr. August Watanabe, former chairman of BioCrossroads, an Indianapolis-based life-sciences organization that presents the award. Caine was honored for advocating for better health care and leading efforts to […]
Anthem to build 21-story tech center in Atlanta
Construction is set to begin in January and the building should be complete in two years.
IU Health gets new imaging machine
The machine, manufactured by Germany-based Siemens, will be used at IU Health’s Neuroscience Center at 16th Street and Capitol Avenue, primarily for oncology and neuroscience patients.
EDITORIAL: Firms must address abuse
It’s long past time that executives in every company across the country take the issue of sexual harassment seriously.
Area home builders experience rare dip in demand
Single-family construction permits in the nine-county area fell last month, marking the first decline since February.
Trump considers former Lilly exec for HHS post
Before joining Eli Lilly and Co., Alex Azar served as the general counsel and deputy secretary of Health and Human Services Administration under President George Bush.
Billionaire Cook slips on Forbes 400 list despite boost in wealth
Carl Cook, Indiana’s richest resident, has added to his $7.2 billion net worth from last year, but the Forbes 400 has dropped him lower in its list of richest Americans. Two other Hoosiers are on the list.
Insurance provider to open Indianapolis call center, hire 150
The center will be devoted to CareSource’s Life Services program, which helps its members overcome barriers to finding and maintaining employment.
Cummins to acquire Oregon-based battery-pack developer
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
Channel 13 returns for DirecTV, U-verse subscribers
Local subscribers to the services lost access to the channel’s programming in early September as the parties negotiated on a contract.
Indiana venture capital activity picks up in third quarter
Venture capitalists have been on a spending spree so far in 2017, but have been investing more money in fewer companies, national surveys show.