Sales of existing homes in Indy area slumped 18% in 2023
Mortgage rates escalated for the first 10 months of last year. No surprise: Existing-home sales in the 16-county area dropped from 35,876 in 2022 to 29,483 in 2023.
Mason King
Articles
IBJ Podcast: New play about Oscar Robertson, historic Crispus Attucks team to debut in Indy
Playwright Laura Town and director Deborah Asante discuss the production and the achievements of Robertson and his teammates, who excelled despite having no home court—and some being displaced from their actual homes.
IBJ Podcast: Pete the Planner bullish on 2024 stocks, housing market (with a Constitutional caveat)
IBJ’s personal finance columnist believes the U.S. economy will start hitting on all cylinders this year—as long as the political climate in America remains at its usual low boil.
IBJ Podcast: ‘We’re survivors’—how the founders of Clancy’s Hamburgers and Grindstone Charley’s evolved to The Fountain Room
The story of Clancy’s Hospitality in many ways is the story of the central Indiana restaurant industry.
IBJ Podcast: Former drag racer Morgan Lucas now in driver’s seat at Lucas Oil Products
In this week’s edition of the IBJ Podcast, Lucas recounts what it was like growing up with hard-charging entrepreneurs as parents, the value of sponsoring Lucas Oil Stadium, and the decision to relocate the firm’s HQ from California to Indianapolis.
IBJ Podcast: How Westfield resident Joey Chestnut makes a good living in competitive eating
Chestnut is the first to admit that competitive eating is a little weird, but he has a natural affinity for it, and it allows him to make hundreds of thousands of dollars a year.
IBJ Podcast: Pete the Planner on the 5 things everyone should know about their financial life
Pete Dunn and podcast host Mason King also discuss how to deal with the unwelcome revelation that you and your family are spending more money than you’re making.
IBJ Podcast: From humble beginnings, apartment developer built $500 million firm in 10 years
Eric Garrett grew up in Evansville below the poverty line. In the latest edition of the IBJ Podcast, he discusses launching The Garrett Cos. from a barn in his backyard in Greenwood and the strategy that created the 37th largest private company in Indiana in less than 10 years.
IBJ Podcast: Indy anesthesiologist quit career to become whiskey-making entrepreneur
Juliet Schmalz, CEO of Fortune’s Fool Whiskey, explains what possessed her to leave a lucrative and respected profession to make spirits for a living.
Ascent, Crosstrek, Legacy and Outback models by Subaru of Indiana Automotive Inc.
Subaru of Indiana Automotive is the only Subaru manufacturing facility outside Japan, and it accounts for about half of all Subaru vehicles sold in North America.
IBJ Podcast: Debby Knox hopes to lose news ‘addiction’ in second shot at retirement
The legendary local broadcaster shares a wide-angle view of her career, including the most difficult and most rewarding days on the job.
IBJ Podcast: Carmel filmmaker, 23, prepares to air 8-hour JFK documentary on History Channel
Ashton Gleckman lays out the reasons he thought the world—and in particular its post-Kennedy generations—needed a deep dive into the life and legacy of the 35th president.
WFMS morning host Jim Denny riding into sunset after 35 years at station
Denny was inducted into the Nashville, Tennessee-based Country Radio Hall of Fame in 2014. He announced Friday morning that he had decided to retire.
IBJ Podcast: Phish fan, philanthropist builds huge wireless retail business, branches into cannabis
After building Fishers-based Round Room into one of the biggest private companies in Indiana, Scott Moorehead sniffed out cannabis as a simpatico business opportunity in Michigan.
IBJ Podcast: On the frontlines of adopting revolutionary AI as firms ask, ‘What’s in it for me?’
Businesses hear warnings that they need to take advantage of artificial intelligence or else drift into irrelevancy. But when cheerleaders say AI can make businesses more productive, what does that look like exactly?
IBJ Podcast: Restaurateur Cunningham on Pacers’ Commission Row, other new concepts for Indy
The founder of Vida, Livery, Bru Burger Bar, Rize and more than a dozen other concepts says Cunningham Restaurant Group could grow from about 40 eateries to as many as 60 in three years.
Dining institution Bonge’s Tavern changes hands after 24 years
Jake Burgess, a restaurateur and chef who owns several eateries northeast of Indianapolis, told IBJ on Monday that he closed on the purchase of Bonge’s Tavern after a final walk-through that morning.
Plainfield taking plunge with $8.4M expansion of Splash Island
Town officials want to add three water slides, a splash pad and rental cabanas to the water park in time for its opening next spring.
Upscale steakhouse chain planning downtown Indy entry
Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.
Local coffeeshop chain planning aggressive U.S. expansion
Owner Sajjad Shah Shah self-funded the first four MOTW shops without any debt or investors, but the company is working to clear hurdles to become eligible for franchising as well.