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Higher-priced home sales on the rise

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Sales of higher-priced homes in central Indiana jumped by double digits in March, Re/Max of Indiana said Monday morning.

A total of 242 homes in the nine-county area sold for at least $250,000 last month, an increase of 23.5 percent from the same time last year, when 196 homes in the higher-priced segment sold.

Overall homes sales in March were up 6.7 percent from the previous year, to 1,997.

Dan Breault, regional director of Re/Max of Indiana, said in a written release that the federal homebuyer tax credit may have spurred more activity.

“We hope to see both sales and pricing continue to reflect a robust real estate market as the April 30 tax credit deadline approaches and we enter the traditionally busy spring home-buying season,” he said in the statement.

Other housing data reported by Re/Max in March included:

—A total of 5,041 homes came on the market, a 22-percent increase compared with March 2009, and a 44-percent surge from the previous month.

—Pended sales, or listings expected to close within the next 30 days, totaled 2,502, or 10.3 percent higher than at the same time last year.

—The average home price in the nine-county area was $140,104, up 10 percent from a year earlier.
 

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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