Area home construction permit filings rise for 4th month in row
Six of the area’s nine counties saw a year-over-year increase in single-family building permit filings in October.
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U.S. home sales slumped to slowest pace in more than 13 years in October
Surging mortgage rates and rising prices are keeping many prospective homebuyers on the sidelines.
Sales of existing homes in Indy area fall for 21st consecutive month
Meanwhile, the median sales price for a house in the 16-county area in October jumped 3.9%, to $299,000, from the same month a year ago.
Jury awards $1.8 billion in Realtor case, finds groups conspired to inflate commissions
The decision involves a sale’s commission, which hovers around 5% to 6% of the home sale price and is paid by the home seller both to the sellers agent and the buyers agent.
Prices for existing central Indiana homes still rising amid sinking sales
Sales of existing homes in the 16-county area have fallen for 20 straight months.
Central Indiana existing-home sales fall for 19th straight month
Existing homes in the 16-county area are spending much more time on the market than a year ago, from an average of 22 days in August 2022 to 31 days last month.
Central Indiana existing-home sales see 21% June drop
Sales dropped for the 17th straight month on a year-over-year basis as inventories continued to tighten.
U.S. home sales inch up amid record-low inventory, biggest annual drop in prices since 2011
The U.S. housing market has yet to emerge from a slump that started a little more than a year ago, when the average rate on a 30-year mortgage began to climb from ultra-low levels.
Central Indiana existing-home sales fall for 16th straight month
The amount of time homes are spending on the market in the Indianapolis area is soaring compared with a year ago, but median sales prices are still on the rise.
Central Indiana existing-home sales fall for 15th straight month
Homes are spending much more time on the market than they did a year ago, but median prices are still on the rise.
Indy-area home sales slumped in first quarter while prices climbed
The median sales price in the 16-county central Indiana area for the first quarter of this year was $275,000, up 7.9% from $254,000 in the same period of 2022.
Sales of existing homes still slumping in central Indiana
Residential real estate sales in the 16-county area have fallen on a year-over-year basis for the past 13 months and have seen double-digit percentage decreases for eight straight months.
Area residential builders get off to slow start in 2023
Filings for single-family building permits in central Indiana have fallen on a year-over-year basis for the past 13 months and in 16 of the past 18 months.
All-cash home purchases on the increase nationwide
The share of homes bought without mortgages in the United States is now at levels not seen since 2014, when the housing market was on the rebound after the foreclosure crisis and the Great Recession.
Central Indiana sees 10.2% decline in existing-home sales in 2022
Sales of existing homes in the area have now fallen on a year-over-year basis for the past 11 months and have seen double-digit percentage decreases for six straight months.
Central Indiana existing home sales continue to slide
Sales have now fallen on a year-over-year basis for the past 10 months and have seen double-digit percentage decreases for five straight months.
Higher interest rates will lower winter home sales more than usual, experts say
The cold months pretty much always herald a drop in residential real estate sales. It just isn’t a great time to schlep around looking at houses. This season, however, is expected to bring a lower dip than in recent years.
Central Indiana existing home sales continue downward slide
In Marion County—the most active market in central Indiana—closed sales of existing homes in September were down 16.1% on a year-over-year basis.
Average long-term U.S. mortgage rates continue to climb
The National Association of Realtors said Thursday that sales of previously occupied U.S. homes fell in September for the eighth month in a row.
Existing-home sales sink 12.1% in central Indiana
Median prices of homes sold in central Indiana ticked down slightly from June to July, but are still significantly higher than they were a year ago.