Area home sales tick up
Home-sale agreements in the nine-county Indianapolis area rose 3.3 percent in November, marking the third consecutive month they’ve showed a year-over-year increase.
Residential Real Estate
Articles
Kosene becoming full-service residential brokerage
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
Hansen & Horn insolvent, receivership next step for builder
The president of Hansen & Horn Group Inc. admitted in court Thursday that the troubled home builder is insolvent and agreed
to have a receiver appointed to operate the company.
Attorneys drop troubled home builder Hansen & Horn
Indianapolis-based Hansen & Horn Group Inc. is without legal representation after attorneys defending the troubled
home builder from a slew of lawsuits dropped it as a client.
Rich flocking to real estate
A survey shows wealthy investors are targeting real estate. But what about Indianapolis?
Neighborhood revitalization group calling it quits
BOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
Asking price for Hilbert estate drops below $10M
After more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at
$9.9 million—less than half of the original asking price and a third of the $30
million it was estimated to be worth in 2001.
Troubled homebuilder’s funds frozen after failing to pay judgment
A Marion County judge has frozen certain Hansen & Horn Group Inc. funds after the Indianapolis homebuilder failed to pay
a $183,000 legal judgment. The move sheds light on the severity
of the company’s woes.
U. S. home sales hit highest level since early 2007
The National Association of Realtors said Monday that home resales rose 10.1 percent in October, spurred by a tax credit that
buyers
expected to expire at the end of the month.
Homeownership losing cachet due to housing bust, job losses
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
Home-construction starts, permits plunge unexpectedly
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
Construction under way on downtown condo conversion
The Shelton, a five-story building on Delaware Street, is getting a $3 million makeover.
National, state foreclosure filings fall
Indiana foreclosure filings were down only 1.5 percent in October from the previous month, but have fallen a whopping 18.5 percent from October 2008.
Local man gets 37 months in mortgage-fraud scheme
A federal judge has ordered an Indianapolis man to serve 37 months in prison and pay $1.7 million in restitution for his role in a massive mortgage fraud scheme.
Holding steady on Wawasee
Lake Wawasee, the popular northern Indiana getaway for some of the wealthiest people in the Indianapolis area, is doing fairly
well despite the real estate bust.
Tax credit helps boost area home sales 20 percent
A federal tax credit that benefits first-time homebuyers is helping to bring home sales in the nine-county Indianapolis area
out of their funk.
Van Rooy scoops up troubled complex
Van Rooy Properties plans to spend $5.5 million renovating a 277-unit west side apartment complex that it acquired a month
ago in an unusual deal.
Obama to sign homebuyer, jobless assistance bill
President Barack Obama is set to sign a $24-billion economic stimulus bill providing tax incentives to prospective homebuyers
and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.
IURC conducts review of Centennial’s telecom service
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.
Rating prestigious ZIP codes
A top-selling real estate agent pegs 46032 in Carmel and 46240 in Indianapolis as tops.