Home builders filed 462 single-family construction permits in the nine-county area last month month, a 15 percent increase over the 403 they filed in September 2015, the Builders Association of Greater Indianapolis said.
Van Rooy Properties purchased the nearly century-old landmark last year and embarked on a $6 million project to bring 40 market-rate units to the site at 1226 Dr. Martin Luther King Jr. St
Indianapolis-based BHI Senior Living is opening part of its 300-acre Hoosier Village campus for 150 deluxe duplex units to be pitched to baby boomers.
Existing-home sales in the 13-county area shot up in August despite a continuing decline in housing inventory.
Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher.
Single-family construction permit filings have risen locally on a year-over-year basis in 12 of the last 13 months.
As the recipient of a $1.1 million city loan, TWG Development has agreed to include public art in its mammoth project on the site of the former Indianapolis Star headquarters.
Developer Chris R. White initially proposed the $300 million project known as Aurora in 2006 but it fell victim to the Great Recession.
Construction of Penrose on Mass, Park at Pulliam Square and the second phase of CityWay will add another thousand units by the end of 2018.
The Indianapolis Housing Agency hopes more landlords will participate in the program.
A federal agency that's preparing to clean up lead-tainted soil around dozens of Indianapolis homes will brief residents on the project next week.
Nationwide prices are increasing more quickly than incomes as buyers compete for the dwindling supply of available homes. The ongoing imbalance in the housing market could stifle sales in coming months.
The work is all part of a long-term university plan that includes more than $130 million in new construction.
Home sales are up 3 percent. Get the stats for the region, plus see what you can buy for $900,000 and what home sold for the most in the past three months.
For the first time in almost a decade, there’s a new group at No. 1 in the IBJ All-Star team ranking: Dennis Nottingham’s Indy Home Pros Team. Meanwhile, there’s a familiar name atop the list of solo agents.
Realtor Joe Shoemaker spends most of his days studying home interiors and exteriors. That’s why he opted for a minimalist approach when he constructed his Fletcher Place abode.
A growing number of pricey new homes are cropping up in the historic Herron-Morton neighborhood, bolstered by the strength of the downtown housing market and the rejuvenation of East 16th Street.
The few areas in which McMansions are gaining value faster than more tasteful housing stock are primarily the Midwest and the eastern New York suburbs that make up Long Island.
A Zillow study found the median home value in Indianapolis is $130,000 this year and the supply of those homes is high. It also found it takes just 11 percent of a buyer’s monthly income to make the average mortgage payment.
The total number of active home listings in central Indiana was down 11.7 percent, from 12,878 a year ago to 11,377 at the end of last month.
