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Home-sale agreements rise in Indianapolis area

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Home-sale agreements in the nine-county Indianapolis area rose 7 percent in August compared with the same month last year, marking the fourth straight month of year-over-year increases.

Sales agreements climbed to 1,896 last month, an increase of 131 over August 2010, according to a report released Friday by F.C. Tucker Co.

Though higher than a year ago, sales in August were about 17 percent below what they were in the same month of 2009, when 2,213 home-sale agreements were reached.

Year-to-date sales agreements are down 4.2 percent compared to the same period of 2010.

Marion County saw a 3.6-percent increase in August sales agreements from a year earlier, from 796 to 825. The number of Hamilton County deals rose 3.4 percent, from 351 to 363. Hendricks County saw a 5-percent increase, from 160 to 168.

Available homes for sale in the nine-county region dropped 12 percent in August, with 15,208 homes on the market. Marion County’s inventory dropped 14.2 percent.

Year-to-date sale prices are up 1.6 percent in 2011, from $150,257 to $152,687.

 

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  1. Why should I a home owner pay for this"car sharing" ????

  2. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  3. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  4. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  5. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

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