Home Sales

Indy housing market stumbles to glum milestone

September 15, 2014
Mason King
Home-sale agreements in August declined 9.6 percent, marking the 12th consecutive month of declining deals for houses in the nine-county Indianapolis area.
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Bank to give homebuyers $15K for down payments

September 5, 2014
Jared Council
Wells Fargo is unveiling a $4.5 million program in Indianapolis that would provide a huge chunk of up-front money for eligible homebuyers.
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Simon estate in Carmel hits market for $25 million

September 2, 2014
Mason King
The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.
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New U.S. homes sales fall unexpectedly to 4-month low

August 25, 2014
Bloomberg News
Sales declined 2.4 percent in July, to a 412,000 annualized pace, the fewest since March and weaker than economist predictions.
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Wynkoop is top real estate agent in 2014

August 23, 2014
Scott Wynkoop placed first among all-star agents a third year in a row.
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At-Home Quarterly MarketplaceRestricted Content

August 23, 2014
Look here for statistics on Indianapolis-area home sales, the most expensive local sale, and a map showing population density.
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Central Indiana home sales continue to trail 2013

August 18, 2014
 IBJ Staff
Home-sale agreements declined 13.8 percent in the nine-county area in July, the 11th straight month deals have decreased.
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Area homebuilding permit filings down in July

August 13, 2014
Permit filings for home construction in central Indiana fell 5 percent last month, the first decline the market has seen since January.
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Second city Land Bank defendant pleads guilty

August 6, 2014
Cory Schouten
A second defendant in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty, and a judge has moved a trial for three remaining defendants to early 2015.
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Contracts to buy homes decrease nationally

July 28, 2014
Associated Press
Sales have been slowed by a mix of meager wage growth, rising home prices, and mortgage rates that rose steadily through the end of last year.
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Indy home sales likely slowing to 'new normal'

July 16, 2014
 IBJ Staff
Home-sale agreements tumbled 14.9 percent in the nine-county Indianapolis area in June, the tenth straight month deals have decreased, according to F.C. Tucker Co.
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Study: U.S. millennials buying homes later in life

July 15, 2014
Associated Press
The number of first-time homebuyers in May was near record lows at 27 percent, versus a historic average of 40 percent.
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Home buyer tastes have shifted since housing bust

June 28, 2014
Scott Olson
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
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At-Home Quarterly Marketplace

June 28, 2014
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
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Sales of U.S. existing homes up 4.9 percent in May

June 23, 2014
Associated Press
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
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Area home-construction permit filings flatten out

June 17, 2014
 IBJ Staff and Associated Press
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
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Existing home sales continue dismaying trend

June 16, 2014
 IBJ Staff
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
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Existing-home sales sink for eighth straight month

May 14, 2014
 IBJ Staff
Home-sale agreements dropped nearly 20 percent in the nine-county Indianapolis area in April. Home prices continued to rise as inventories shrank.
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Sales of U.S. existing homes sink to 20-month low

April 22, 2014
Associated Press
The sharpest sales increase occurred among homes priced at $1 million or above. Sales fell in nearly every other price group.
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Existing-home sales slide for seventh straight month

April 16, 2014
 IBJ Staff
Home prices rose, however, as inventory dwindled. The average area home price in March was $161,191, an increase of 6.1 percent compared with the same month of 2013.
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Expensive homes selling quickly in Indianapolis areaRestricted Content

March 29, 2014
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
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Home-sale agreements continue disappointing trend

March 17, 2014
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
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Central Indiana home sales start year on chilly note

February 17, 2014
Scott Olson
Home-sale agreements plummeted 31 percent in January, likely due to the record snowfalls and cold temperatures.
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Lilly Endowment awards $6.3M to Indy housing group

January 20, 2014
 IBJ Staff
The Indianapolis Neighborhood Housing Partnership will use the funds to help qualified residents purchase homes and revitalize their neighborhoods.
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Strong year for home sales ends on 4-month skid

January 14, 2014
Mason King
Home-sale agreements in central Indiana plummeted 18.6 percent in December, as the market continued a downward trend.
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