Existing home sales in area slide as inventory shrinks, prices rise
Existing-home sales in central Indiana fell 3 percent in May, marking only the second monthly decline in the past 19 months.
Home Sales
Articles
Mansion formerly owned by fraudster Durham on market for $3.5M
The 14,480-square-foot home was once a party pad for the infamous financier. The Fishers couple who bought it in 2015 is now selling after making several improvements.
Residential Real Estate: Marketplace for June 26, 2017
The number of active listings in the metro area has inched up—but not nearly enough to eliminate the seller’s market that now exists.
St. Clair Place neighborhood aims to mix it up
Most of the homes not-for-profit NEAR develops in the area are priced below market and sold to lower-income buyers. But it has constructed a handful of houses aimed at market-rate buyers, demonstrating the faith it and other builders have in the neighborhood.
Indianapolis-area home construction permits hit 10-year high
Filings to build new homes in central Indiana hit their highest monthly level in nearly 10 years last month, according to the latest numbers from the Builders Association of Greater Indianapolis.
Lawsuit targets local rent-to-own housing operator
An Indianapolis business that has purchased and rented out hundreds of houses in the city is being sued by a not-for-profit housing group and four former customers over what they are calling a “predatory and unlawful rent-to-own scheme.”
Sales of existing homes still rising locally amid shrinking inventory
Existing-home sales in central Indiana ticked up 1.4 percent in April while rising for the 17th month out of the last 18.
Sales of existing homes in the Indianapolis area jump 19 percent
Existing-home sales in central Indiana soared in March while rising for the 16th month out of the last 17.
Permits might be required for short-term home rentals
House Bill 1133, which would prevent local governments in Indiana from banning Airbnb-style businesses, would give municipalities the ability to require short-term rental hosts to pay for a permit in order to host guests.
Residential Real Estate: Marketplace
The mild winter has meant more home sales at the beginning of the year than usual, said F.C. Tucker President Jim Litten.
Central Indiana home sales fall after 15 straight months of increases
February’s decrease in existing-home sales came amid a steep increase in prices and a big decline in housing inventory.
Big Car launches affordable home-ownership program for artists
Approved artists would co-own the renovated homes in the Garfield Park neighborhood and only pay half the cost of the property.
Central Indiana home sales rise for 15th straight month
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
North-side Pittman properties sell at auction for nearly $2M
The properties, in Carmel and Zionsville, had been owned by the late Dr. John Norman Pittman and were sold in three separate transactions.
Central Indiana home sales rise for 14th straight month
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
Indianapolis-area home builders see busiest year since 2007
The 2016 permit number marks the fifth straight year of rising sales, but still pales when compared with the single-year high for permits in this century.
Housing developer proposes 265-acre project next to Grand Park
Drexler Woods would include 490 single-family homes spread across 185 acres, as well as attached residential units and land for business use. Westfield officials will take a closer look at the project on Monday.
Central Indiana existing-home sales on the rise
Existing-home sales in central Indiana rose 3.6 percent in October amid rising prices and a continuing decline in housing inventory.
East-side St. Clair Place surging to housing revival milestone
With assistance from Near East Area Renewal, the neighborhood has seen 90 new or refurbished homes come on the market since 2010. And that number is expected to grow to 100 next year.
Central Indiana existing-home sales jump 8.5 percent
Existing-home sales in the 13-county area shot up in August despite a continuing decline in housing inventory.