Carmel-based real estate tech firm Realync acquired
Realync, whose platform allows apartment managers to offer virtual property tours, has been acquired by Texas-based Grace Hill Inc.
Residential Real Estate
Articles
Ohio company expands ‘Courtyards’ offerings aimed at 55-plus in northern suburbs
The communities offer ranch-style houses with open floor plans ranging from about 1,500 to 4,000 square feet, individual private courtyards and two-car garages.
Residential Real Estate: Marketplace stats for Sept. 27, 2024
In August, 992 homes were sold or pending in the Indianapolis metro area, according to Rocket Homes. That’s 11.3% fewer than were sold or pending in July.
Holladay Properties plans $21.4M conversion of downtown Angi building
The South Bend-based developer plans to convert the 12-story Angi Inc. headquarters on East Washington Street in downtown Indianapolis into a 180-unit apartment building.
Two Chicks District Co. store closing in Noblesville
Sunday is planned as the final day of operations at the Two Chicks District Co. store founded by “Good Bones” star Mina Starsiak Hawk.
Applications for new homes rise for 14th straight month in central Indiana
Led by big surges in applications in Hancock and Johnson counties, demand for new homes in the Indianapolis area continued to grow in August.
Developer planning 186-home community next to golf course in Westfield
Carmel-based Old Town Cos. is looking to build the residential development in Westfield adjacent to Wood Wind Golf Club, which the city plans to purchase and turn into a municipal golf course.
For home shoppers, Fed’s big rate cut is small step toward affording a home
While lower rates give home shoppers more purchasing power, a mortgage around 6% is still not low enough for many Americans struggling to afford a home.
Central Indiana existing-home sales see 6.8% August decline
After experiencing a rare month of rising transactions in July, central Indiana saw another down month for existing-home sales last month, according to the latest data from the MIBOR Realtor Association.
Proposed $250M Noblesville development calls for 650 homes near Morse Reservoir
Morse Village would have 250 high-end single-family houses, 150 town houses, 250 multifamily residences and 30,000 square feet of commercial space and restaurants.
Westfield announces plans for $27M downtown redevelopment project
Plans call for Ambrose on Main to feature 87 apartments, 6,000 square feet of plaza and courtyard areas, a 2,000-square-foot rooftop patio, 12,000 square feet of commercial space and a restaurant with outdoor seating.
Lennar planning two southeast-side subdivisions with 355 homes
The Franklin Township projects, Eagle Creek and Crescent Ridge, will collectively occupy nearly 200 acres.
This year’s Home-A-Rama features high-end dwellings at Promontory of Zionsville
This year’s Home-A-Rama Home Show, which gets underway Thursday in the Promontory of Zionsville neighborhood, features five high-end dwellings from five different builders.
Pulte planning to expand Kimblewick neighborhood in Westfield by 225 homes
The 108-acre project would represent the third phase of the Kimblewick development, which first received approval in 2019.
U.S. antitrust case alleges rent collusion enabled by tech firm’s software
The lawsuit is among the Justice Department’s first major enforcement actions in which software is being alleged as the primary means of collusion.
Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months
The recent pullback in mortgage rates overall has sparked a pickup in applications for home refinancing loans, which are 23% higher than a month ago, according to the Mortgage Bankers Association.
Applications for new homes continue to rise in Indy area
While home construction hit a downturn nationally in July, builders continued to see growing demand for new homes in central Indiana.
Central Indiana existing-home sales rise for second time in last 30 months
Closed existing-home sales in the 16-county area climbed 3.4% from July 2023 to July 2024, according to the latest data from the MIBOR Realtor Association.
McCormick releases property tax plan with targeted relief, cap on increases
Jennifer McCormick’s plan follows the release of Republican frontrunner Mike Braun’s tax plan in an election in which property tax relief continues to emerge as a top priority.
Westfield City Council rejects West Fork Whiskey’s 26-acre development plan
West Fork and M/I Homes Inc. had proposed building more than 100 town houses, a whiskey-aging warehouse, a pond, an outdoor concert venue, a dog park and more north of Grand Park Sports Campus.