Houses across central Indiana continue to sell quickly, with the average property on the market just 27 days until closing. That’s 13% faster than a year ago, which already was considered a seller’s market.
Indianapolis-based KCG Cos. hopes to build as many as 200 apartment or townhome units for working-class residents, which would be adjacent to a new home for Mt. Paran Baptist Church on Franklin Road.
The Fishers City Council on Monday approved two economic development deals that are expected to lead to a combined $96 million in investment.
Although redlining—discrimination in banking and lending based on someone’s race or where they live—has been illegal since the Fair Housing Act passed in 1968, analysts at Indiana University’s Public Policy Institute found that inequities in home-loan lending still exist.
The monthly sales increase was the third in a row after a three-month streak of declining sales in the market brought on by the pandemic.
An open-concept room is seemingly free of convention or traditional discipline. It is for this reason that one should tread cautiously when decorating.
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
At least 26 such lawsuits have been filed by property owners this year, claiming that the national eviction moratorium unfairly strains their finances and violates their property rights.
Even though rezoning for the proposed 290-home Grantham neighborhood on the east side of Fishers was denied this week, a new version of the project might be built anyway, the developer said.
Permit filings are up 12% so far this year compared with the first eight months of 2019, despite the pandemic.
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
The pandemic turned the entire nation into homebodies. Now, architects, builders and interior designers are addressing the pain points that emerged when our homes became our offices, schools and entertainment venues.
Sales of existing single-family homes rose in central Indiana in August despite a huge decline in available houses and another record in prices.
Indianapolis-based Cityscape Residential’s plans to ask the city for an $8 million TIF bond to help support its 287-unit luxury apartment complex. The project is also slated to feature a potential three-story, 30,000-square-foot office building.
Asked to suggest an option that homeowners could do themselves, one expert said that a general rule of thumb is “the easier the install, the more maintenance the walkway is going to be.”
The town homes—all of which are expected to have three-bedrooms—would be available for lease to individuals and families with modest incomes, with an option to eventually buy the units.
Residential builders Drees Homes and Epcon Communities presented plans to the Westfield City Council on Monday for three different developments in the city.
A shortage of moderately priced single-family homes and pent-up demand stemming from the COVID-19 lockdown this spring have caused home prices to rocket higher.
Developers remain optimistic about multifamily developments in general across the city, but some believe additional affordable housing—and associated incentive deals—is needed.
The funding will serve 350 people or families currently living in non-congregate shelters, especially those at risk of contracting COVID-19 and dying, and 150 unsheltered households that face high barriers to find housing.
