Habitat for Humanity plans 84-acre neighborhood
A Habitat for Humanity group is planning to build possibly hundreds of homes on an 84-acre site in Bloomington.
Residential Real Estate
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East-side housing project part of city’s effort to retain teachers
Teachers’ Village in the St. Clair Place neighborhood will consist of 21 new or rehabbed houses priced below market, with the help of about $3.1 million in subsidies.
Efforts to remake Brownsburg’s downtown in progress
Four projects totaling about $85 million, including three already under construction, will bring apartments, offices and retail space to a key stretch of Green Street.
Indianapolis house flipping company files for bankruptcy
The company says it doesn’t have the assets to repay clients and other creditors, leaving more than 120 parties who bought or sold homes through the firm in limbo.
Wi-Fi-enabled devices automate more houses
Smart-home products are poised to become a $60 billion global industry, according to research firm MarketsandMarkets. Yet consumers need spend only a few hundred dollars on each item to make their lives more automated.
IU’s first couple act as ‘stewards’ of presidential home
IU President Michael McRobbie and his wife, Laurie Burns McRobbie, don’t live at Bryan House but it’s still a busy place.
Counties populated with Democrats losing population
High housing costs in blue counties is the biggest factor contributing to the population loss, Redfin said.
Equicor developing Reagan Park extension
Equicor Real Estate LLC’s plans call for 165 single-family homes to be constructed by CalAtlantic Homes of Indiana, as well as 98 senior apartments and 40 assisted-living units.
Residential Real Estate: Marketplace for October 30, 2017
The housing market remains strong—and sales could surpass last year’s record—despite the low inventory of homes for sale, says F.C. Tucker President Jim Litten.
Central Indiana homes sales tick up amid tight inventories
The total number of active central Indiana home listings dropped 12.9 percent, from 11,013 a year ago to 9,589 at the end of last month.
Area home builders experience rare dip in demand
Single-family construction permits in the nine-county area fell last month, marking the first decline since February.
Apartment developer Milhaus lands $245M in equity investments
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
U.S. homebuilder sentiment hits highest mark since May
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs.
UIndy building spree continues with $20M dormitory project
As enrollment swells, the south-side university is working with a local developer to construct two four-story buildings with capacity for 300 students.
After overcoming abundance of obstacles, 360 Market Square nears completion
The $120 million building will become yet another signature structure in the new Market East district, a section of downtown that until recently featured a sea of parking lots and ramshackle buildings.
Developer sets upscale rents for 27-story apartment tower downtown
Although the largest units in 360 Market Square will top out at more than $2,000 a month, the rates compare favorably with other new downtown projects, according to one apartment expert.
Archer’s property could start domino of development on south side of 116th
Since 2014, developers have invested nearly $90 million between three projects on the north side of 116th Street in Fishers. Now, the south side—mostly lined with small, one-story retail buildings and parking lots—could see a similar boom.
Central Indiana homes sales, prices rise amid tight inventories
Existing-home sales in central Indiana rose 3.7 percent in August despite rising prices and an ongoing decline in housing inventory.
Indianapolis-area builders see solid demand for new homes
Overall, single-family construction permits in the nine-county area are up 7 percent so far this year compared with the first eight months of 2016.
Grand plan on ropes to redevelop Simon estate
The residential redevelopment of the sprawling Simon estate on Ditch Road known as Asherwood that local homebuilder Paul Estridge Jr. announced late last year might not happen after all.