New-home sales suffer through frigid February
February’s record-cold temperatures apparently put a chill on new-home buying in central Indiana, the Builders Association of Indianapolis reported Thursday.
Residential Real Estate
Articles
Subdivision could replace golf course in Westfield
A new subdivision with 315 homes could displace a golf course in Westfield, but so far city officials and residents aren’t sold on the plan.
Loftus and Robinson making splash in development
Young team making a splash parlayed a painting job into projects extending to redeveloping the train station in Fishers.
Indy-area home sales perk up
Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.
Area homebuilding off to strong start in 2015
Builders filed 318 single-family permits in the nine-county metropolitan area last month, a 6-percent increase from the previous January.
PulteGroup amasses 270 acres in Plainfield to build homes
PulteGroup is embarking on a large residential development in Plainfield that provides one of the clearest signals yet that the local housing market is on the mend.
2015 Forty Under 40: Justin Moffett
Justin Moffett, 35, partner in Old Town Design Group, has found strong demand for his company's craftsman-style homes.
2015 Forty Under 40: Micah Hill
Micah Hill, 38, is director of for-sale marketing at Milhaus Development, and has added the role of builders association president.
U.S. home sales fall off on decline of first-time buyers
The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month. But over the course of the entire year, sales fell 3.1 percent.
Boyce promoted to chief exec at Defender Direct
Indianapolis-based Defender Direct Inc. has promoted president Jim Boyce to president and CEO, the residential security company announced Wednesday. Founder and CEO David Lindsey becomes chairman of the board.
U.S. homebuilders have best year since 2005
For all of 2014, U.S. builders started construction on 1.01 million new homes and apartments. It was the first time construction has topped 1 million since the height of the housing boom in 2005.
Area home sales suffer first annual slide since 2010
Existing home sales in the Indianapolis area fell 2.6 percent in 2014, breaking a string of three straight annual increases, real estate agency F.C. Tucker Co. said Thursday morning.
Central Indiana homebuilders have best year since 2007
Homebuilding activity slowed slightly in December, but 2014 still turned out to be the busiest one for builders in the area in seven years.
Blight-elimination bill targets tax-sale investors
Sen. Jim Merritt hopes that his bill would make tax sales a less attractive haven for investors, who he said lack incentives to maintain abandoned and vacant property.
Fire tears through $35M Fishers apartment project
Hamilton County firefighters battled a major blaze Tuesday morning that spread through a $35 million apartment complex that's under construction in Fishers at State Road 37 and 131st Street.
U.S. home sales dropped sharply in November
The combination of higher home prices and relatively stagnant incomes has reduced affordability and restrained buying activity.
Residents uneasy as violations stack up at park
The mobile home community has received more complaints than any other neighborhood in Johnson County, according to county health department administrator John Bonsett.
Local homebuilders have best November since 2007
Builders filed 386 single-family building permits in the nine-county metro area last month. That’s the highest number in November since 500 permits were filed seven years ago.
Sales of existing homes take November slide
The number of sale agreements for existing homes in the nine-county area in November fell 2.8 percent. A shrinking inventory led to higher sale prices.
Flaherty & Collins plans Kokomo apartments aimed at commuters
The Indianapolis-based developer has attracted city and state subsidies to build an upscale apartment development in Kokomo that will cost more than $20 million.