Area builders see 2nd straight bump in permit filings
Area home builders saw an 8-percent increase in buyers in September, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
Area home builders saw an 8-percent increase in buyers in September, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
Home-sale agreements in central Indiana dropped for the fifth straight month in August, according to a report released Monday by real estate agency F.C. Tucker Co.
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The share of the U.S. population who own homes has slid to a 48-year low. The typical first-timer now rents for six years before buying a home, up from 2.6 years in the early 1970s.
Home-sale agreements in central Indiana fell 4.5 percent in July, marking the fourth time in five months that deals have decreased on a year-over-year basis.
Wet weather and a shortage of lots contributed to a 17-percent decrease in permit filings in the nine-county metropolitan area in July.
Central Indiana home-sale agreements slid 4.8 percent in June, the third time in four months that deals have fallen, according to a report released Tuesday by real estate agency F.C. Tucker Co.
The country club on the northwest side foresees 46 houses on 25 acres and using money from the sale of the land to make crucial improvements to the private retreat.
More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level since 2006. Signed contracts, however, were down in the Midwest.
The blue-collar neighborhood adjacent to Fountain Square suddenly is becoming hip among first-time homebuyers.
Home transactions in Hamilton County posted the biggest decline. But central Indiana sales for the first five months of the year are still up 9 percent from the same period last year.
Area home-sale agreements are up 8.9 percent through the first four months of the year compared with the same time period last year.
Transactions involving existing homes fell in March by 1.8 percent, after rising the first two months of the year.
Central Indiana home transactions were on the rise for the third straight month in February, a positive sign for the residential real estate industry after a disappointing year in 2014.
City officials on Monday approved rezoning 150 acres along Southeastern Parkway for a 277-unit development with homes from $275,000 to $450,000.
February’s record-cold temperatures apparently put a chill on new-home buying in central Indiana, the Builders Association of Indianapolis reported Thursday.
Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.
The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month. But over the course of the entire year, sales fell 3.1 percent.