Home Sales

Central Indiana housing market enjoys strong May

June 12, 2012
Scott Olson
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
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Sales of existing homes up nationally in April

May 22, 2012
 IBJ Staff and Associated Press
Modest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy market.
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Central Indiana home-sale agreements up in April

May 11, 2012
Purchase agreements of existing homes in the nine-county area tracked by F.C. Tucker Co. hit 2,252 last month, a 3.3-percent increase over April 2011. Year-to-date home sales were up 12 percent.
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Pulte snaps up, repositions stalled Avon housing development

April 24, 2012
Tom Harton
Pulte is tossing out the prior builder's playbook, which called for duplexes aimed at buyers 55 and older. Pulte rezoned the land to allow for single-family homes on larger lots. The resulting 123 home sites will accommodate ranch-style homes starting in the low $100,000 price range.
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Area homes sales rise for 11th straight month

April 13, 2012
Purchase agreements in the nine-county area increased 4.9 percent over March 2011. Existing home sales were up 13.3 percent in the first quarter of 2012 and have recorded year-over-year improvements for 11 straight months.
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Builders betting on brighter U.S. housing market

March 21, 2012
Associated Press
Residential building permits are being filed nationally at about half the rate considered healthy by most economists, but builders have grown more confident over the past six months after seeing more people express interest in buying a home.
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Area home sales stay on upward path in February

March 12, 2012
 IBJ Staff
Purchase agreements in the nine-county area tracked by F.C. Tucker hit 1,728, a 14.7-percent increase over February 2011. The increase marked the 10th straight month of year-over-year improvement.
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New-home construction off to mild start

February 23, 2012
Scott Olson
Building permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the same time last year. But industry leaders are cautiously optimistic.
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Home-sale agreements for Indy area jump in January

February 13, 2012
Sales of existing homes in the Indianapolis area are off to a strong start in 2012, with the number of sales agreements increasing 13.4 percent in January compared with the same month a year earlier.
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Central Indiana home sales improved slightly in 2011

January 24, 2012
Closed sales last year inched up 1.2 percent in 13 area counties and jumped 18.3 percent from July through December, bolstered by a 7.2-percent increase during the last month of 2011.
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Daniels' chief of staff purchased parcel from BalesRestricted Content

January 21, 2012
Cory Schouten
The chief of staff to Gov. Mitch Daniels, Earl A. Goode, bought a residential lot from the real estate broker John M. Bales about two years after an agency led by Goode awarded Bales a contract to handle state leasing.
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Falling home inventory suggests market is firming upRestricted Content

January 21, 2012
Cory Schouten
About 12,000 homes were listed for sale at the end of December in the nine-county central Indiana market, a roughly 18-percent drop from a year earlier.
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Indianapolis-area home sales close year on the rise

January 13, 2012
Home-sale agreements increased 7.9 percent in the nine-county Indianapolis area in December, helping the region eke out an annual gain of less than 1 percent.
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Metro home-building activity sinks again in 2011

January 11, 2012
Scott Olson
New-home construction in the Indianapolis area slid in 2011, marking six straight year-over-year declines in residential building. The 3-percent decrease in building permits, however, was the smallest decrease since 2006.
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Area home-sale deals make November jump

December 12, 2011
The 7.2-percent increase last month in Indianapolis home-sale agreements marks the seventh straight month of year-over-year increases, according to a report from F.C. Tucker Co.
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Area home-sale deals show another monthly increase

November 10, 2011
In the nine-county metropolitan area, sale agreements for existing homes climbed nearly 12 percent, to 1,541, in October, an increase of 163 from the same month last year.
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Indy's housing market posts strong September

October 14, 2011
Scott Olson
In the nine-county metropolitan area, the number of home-construction permits filed last month increased 22 percent from the same month in 2010, while home-sale agreements rose 5.1 percent.
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Home-sale agreements rise in Indianapolis area

September 12, 2011
Pending home sales in the nine-county metropolitan area climbed 7 percent in August compared with the same month a year ago, marking the fourth straight month of year-over-year increases.
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Ward, Kucic take top All-Star Agent spotsRestricted Content

August 27, 2011
For the third year in a row, Bif Ward has taken the top spot on IBJ’s annual list of All-Star Agents.
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Home-sale deals tick up in Indianapolis area

August 11, 2011
 IBJ Staff
Home-sale agreements in the nine-county Indianapolis area rose 3.6 percent in July from the same month a year earlier, marking the third straight month of year-over-year increases after 14 months of declining sales.
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Home sales pick up for second straight month

July 12, 2011
 IBJ Staff
Sales agreements climbed to 1,967 last month, up from 1,694 in June 2010, according to a report released Tuesday by F.C. Tucker Co.
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Central Indiana home sales rise for first time in a year

June 15, 2011
Scott Olson
Sales in the Indianapolis area rose 32 percent last month compared with the same time a year ago, reversing a year-long slump in the residential market. But May 2010 home sales were down dramatically after the expiration of a special federal tax credit.
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Area home sales slump for 12th straight month

May 16, 2011
Indianapolis-area home-sale agreements fell 36.4 percent in April compared to the same month last year, marking 12 consecutive months in which year-over-year sales have fallen.
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Local developer seeks bankruptcy protection

April 29, 2011
Scott Olson
Platinum Properties LLC, an Indianapolis upscale residential real estate developer, sought Chapter 11 protection on Monday, listing several huge debts to prominent local businesses and business people.
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Estridge becomes division of national home builder

April 26, 2011
Scott Olson
The Estridge Group, which had operated in the Indianapolis area since 1967, has become part of Houston-based David Weekley Homes. Estridge had struggled in recent months to stay afloat during the severe housing downturn.
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