Residential Real Estate: Marketplace
Home sales are up 3 percent. Get the stats for the region, plus see what you can buy for $900,000 and what home sold for the most in the past three months.
IBJ Staff
Articles
UPDATE: Feds ban ITT Educational from enrolling students on federal aid
The decision is a potential death blow to Carmel-based ITT, which derives most of its revenue from federal loans and grants. Its stock was halted Thursday after shares fell 35 percent.
2015 All-Star Real Estate Agents
For the first time in almost a decade, there’s a new group at No. 1 in the IBJ All-Star team ranking: Dennis Nottingham’s Indy Home Pros Team. Meanwhile, there’s a familiar name atop the list of solo agents.
Butler communications exec to join Speedway team
Moving from academia, Matt Mindrum’s immediate priorities will include the marketing campaign for the 2017 Indy 500 and promoting the IndyCar series.
Indy top market in nation for first-time buyers, Zillow finds
A Zillow study found the median home value in Indianapolis is $130,000 this year and the supply of those homes is high. It also found it takes just 11 percent of a buyer’s monthly income to make the average mortgage payment.
Indianapolis, Indiana slip in annual startup rankings
An annual ranking that measures startup activity in U.S. states and metropolitan areas found Indiana and Indianapolis dipped in the rankings from 2015 to 2016.
Andy Mohr, Avon schools forge naming-rights agreement
The 10-year sponsorship deal, approved by the Avon School Board of Trustees, names Andy Mohr as the district’s exclusive “automotive partner.”
Former HHGregg chief named CEO at health services firm
Dennis May, who left HHGregg Inc. in February after nearly seven years as CEO of the retail chain, has a taken a new job at a health care company that has plans for regional growth.
Fresh Thyme opening sixth Indy-area grocery
With the new location, fast-growing Fresh Thyme will have 46 stores operating in the Midwest since launching in 2012.
Manufacturer plans $100M Indiana expansion, 100 jobs
Aisin USA, which makes parts for Honda, Chevrolet, Toyota and Lexus models, already employs more than 1,700 full-time workers in Indiana.
Central, Southern Indiana Goodwill affiliates planning merger
The merger will create a group called Goodwill of Central & Southern Indiana that will cover 39 counties ranging from north-central Indiana to the Ohio River.
Indiana State Fair attendance sinks almost 20 percent
This year’s attendance was hampered by excessive heat and nine days of precipitation that brought more than 4 inches of rain, officials said. Sunday, however, brought a record final-day crowd.
Indiana’s unemployment rate falls to 4.6 percent
The jobless rate dropped from 4.8 percent in June and 5 percent in May thanks to surging employment numbers, the Indiana Department of Workforce Development said Friday.
Old National Bank names new local chief executive
Mark Bradford has been named CEO of Old National’s Indianapolis Region, replacing Randy Reichmann, who held the position for more than decade.
Records for Aug. 22-28, 2016
Announcements Strategic Wealth with Matt Dicken, local financial and retirement planning firm, will launch its show on CBS 4 Indy on Sundays at 7 a.m., and on This TV/WXIN channel 249 every Saturday at 8 a.m. and Sundays at 10:30 a.m. Fundraising Prevent Child Abuse to benefit from Voices 4 Children family night on Aug. […]
EDITORIAL: Hogsett budget good first step
To truly put the city on sound financial footing and meet its needs, the Hogsett administration will have to deliver on strategies to raise revenue, primarily by getting more people to locate in Marion County and convincing those already here to stay.
Hall of Fame pledges to refund tickets, parking, hotel for Colts-Packers debacle
The Pro Football Hall of Fame’s decision comes after four fans filed a class-action lawsuit in federal court on behalf of all ticket holders who lost out when the game was canceled.
Poll: Trump, Bayh lead in Indiana; governor’s race tight
Republican Eric Holcomb and Democrat John Gregg are “virtually tied,” said Monmouth University Polling Institute pollsters.
Area home builders see eighth straight month of rising sales
Demand for new homes continued to rise locally last month, according to figures reported Wednesday by the Builders Association of Greater Indianapolis.
Soft pretzel vendor eyes Indianapolis for expansion
Indiana-based franchisor Ben’s Soft Pretzels LLC announced Tuesday that it was seeking franchisees to open 25 locations in the Indianapolis area by 2021.