Home Sales

Brenwick Realty merges with Keller Williams RealtyRestricted Content

June 22, 2009
 IBJ Staff
The merger will give Keller Williams, which entered the local market five years ago, a foothold in Hamilton County, where Brenwick Realty has been responsible for selling property in Village of WestClay.
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Recession slows the creation of a self-contained Boone County communityRestricted Content

May 18, 2009
Kathleen McLaughlin
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted.
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C.P. Morgan's demise puts 2,000 home sites on market already overwhelmed with landRestricted Content

March 9, 2009
Cory Schouten
The end of C.P. Morgan, the largest central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
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F.C. Tucker forms partnership with home-builder ShoopmanRestricted Content

March 9, 2009
F.C. Tucker Co. has entered into an agreement with Shoopman Home Building Group in which 21 Tucker real estate agents will staff model homes in seven communities Shoopman is developing.
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Housing market may have hit bottomRestricted Content

January 26, 2009
Sam Stall
Here's something that passes as good news for central Indiana's moribund housing market: Prices might hold steady this year, after falling nearly 7 percent from their 2006 peak.
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Davis Homes folds, other builders struggleRestricted Content

December 29, 2008
Cory Schouten
Davis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
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Lease-to-own options becoming more popularRestricted Content

December 8, 2008
Chip Cutter
With credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on a lease-to-own basis.
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Real estate agents struggling from trickling home salesRestricted Content

October 13, 2008
Sam Stall

The downturn in the housing market isn't tough just on people trying to sell their homes. It's also tough on the people who want to help those people sell their homes--real estate agents. Locally, their ranks have thinned as more and more leave the field to search for better prospects.


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Charter Homes builder draws scrutiny for odd sales claims, multiple liensRestricted Content

August 25, 2008
Cory Schouten

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant crime, boarded-up homes and vacant lots. But as he's constructed a slew of homes and carriage houses there, the local builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.

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Davis Homes faces lawsuits; DayMarc out of businessRestricted Content

May 5, 2008
Cory Schouten
A depression in the home-building market has claimed a Fishers builder and continues to hammer locally based Davis Homes LLC--a powerhouse for years that now is facing foreclosure on about 80 home sites.
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Residential real estate market follows nation into slumpRestricted Content

December 31, 2007
Cory Schouten
For most of this decade, the Indianapolis residential real estate market enjoyed a good run. But in 2007 it muddled through the doldrums just like the rest of the country, and builders pulled out all the stops to avoid getting stuck with inventory.
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To weather downturn, housing industry rolls out incentivesRestricted Content

October 1, 2007
Sam Stall
For most of this decade, the Indianapolis residential real estate market enjoyed a very good run. But now it's muddling through the doldrums just like the rest of the country, and builders are pulling out all the stops to avoid getting stuck with inventory.
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Glut of million-dollar houses driving prices downRestricted Content

June 11, 2007
Michael Dabney
Buyers in the market for million-dollar homes can afford to be choosy these days, as the softness in the overall market extends to the high end, real estate agents say. Through the first quarter of this year, home sales in the 13-county Indianapolis area fell nearly 12 percent, according to the Metropolitan Indianapolis Board of Realtors.
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Housing bubble on holdRestricted Content

September 18, 2006
Jennifer Whitson
The inventory of central Indiana homes for sale is piling up, but the backlog so far hasn't caused prices to fall, according to experts and industry statistics.
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MIBOR under scrutiny by FTCRestricted Content

July 24, 2006
Jennifer Whitson
The Federal Trade Commission recently slammed the Austin Board of Realtors for how the Texas organization runs its multiple-listing service, charging that a policy change barring certain homes from Web search engines runs afoul of federal antitrust laws.
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Airport Authority sells 103 homes after sound modificationsRestricted Content

July 17, 2006
Chris O'Malley
The Indianapolis Airport Authority has begun listing at www.indianapolisairport.com homes it acquired under its nearly decade-old "purchase assurance/sound insulation program."
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New law provides Realtors an edgeRestricted Content

July 10, 2006
Tracy Donhardt
A new state law backed by Realtors that critics say stifles cut-rate competition already has prompted a discount brokerage, California-based HomeYeah!, to shutter its operations here.
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