Home Sales

Indianapolis-area homes sales decline 10 percent

July 12, 2010
 IBJ Staff
However, average home-sale prices for the area sprouted 7 percent from the same month a year earlier, to more than $159,000.
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RUBENSTEIN: New law may put limits on residential seller financingRestricted Content

June 26, 2010
Clifford Rubenstein
A new federal law intended to enhance consumer protection and reduce fraud in the residential loan market may put the kibosh on seller financing of residential properties. This has huge implications for owners of rental housing.
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Fort Ben home, condos fail to sell at auction

June 24, 2010
Cory Schouten
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old Army base.
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National new-home sales plunged to record low in May

June 23, 2010
Bloomberg News
Purchases of new homes in the United States fell in May to a record low as a federal tax credit expired, showing the market remains dependent on government support.
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Area home sales took big hit in May as credit expires

June 9, 2010
Pending home sales fell 31.5 percent last month, following expiration of the federal home-buyer tax credit.
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Fort Ben home, condos headed to auction

June 8, 2010
Tom Harton
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
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New monthly event aims to recruit downtown residents

May 18, 2010
Cory Schouten
Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate brokers say interest in available homes is picking up.
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Tax credits help boost April home sales in central Indiana

May 10, 2010
 IBJ Staff
Home-sale agreements surged 33.8 percent in the Indianapolis area in April as buyers rushed to beat the deadline for federal tax incentives.
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Central Indiana home sales up slightly in first quarter

April 27, 2010
Homes sold in the first three months of the year totaled 4,634, a 1-percent increase from the 4,593 in the same period last year. However, total sales volume jumped 12 percent, to $637 million.
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Higher-priced home sales on the rise

April 19, 2010
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.
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Lender suffers own painful loss after homeowner's deathRestricted Content

April 17, 2010
Greg Andrews
A home that fetched $1.6 million in 2005 fetched a mere $370,000 when the lender sold it last year.
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Area home sales, prices continue to improve

April 12, 2010
Scott Olson
Sales agreements in the nine-county area rose last month by 10.6 percent, compared with the same month last year, while prices jumped 12.1 percent.
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Tax-break deadline spurs spec homes in Parade

March 29, 2010
Scott Olson
This spring's Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking chances on more spec homes.
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Local luxury home sales jumped in February

March 15, 2010
Kathleen McLaughlin
Luxury home sales in central Indiana surged in February despite an overall decline in home sales, Re/Max of Indiana reported Monday morning.
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Carpenter Realtors trots out smart phone technology

March 13, 2010
 IBJ Staff
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
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Area home sales, prices show increase

March 11, 2010
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
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Report says Indiana home sales, prices on rise

January 25, 2010
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties reported sizable slides.
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F.C. Tucker predicts modest rally for residential market

January 19, 2010
Cory Schouten
Central Indiana's housing market is on track to notch gains in the number of homes sold and the average sales price in 2010.
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Cincinnati-area builder Fischer expands to Indianapolis

January 12, 2010
Cory Schouten
Home builder hopes to sell as many as 200 houses in region this year. Fischer, which entered the Columbus, Ohio, market in 2008 after buying subdivisions from retreating builders, is using the same strategy to establish a foothold in Carmel, Westfield, Zionsville and Avon.
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Giant Heartland Crossing housing development hangs on

December 19, 2009
Kathleen McLaughlin
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
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Area home sales tick up

December 9, 2009
Scott Olson
Home-sale agreements in the nine-county Indianapolis area rose 3.3 percent in November, marking the third consecutive month they've showed a year-over-year increase.
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Homeownership losing cachet due to housing bust, job losses

November 21, 2009
Cory Schouten
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
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Tax credit helps boost area home sales 20 percent

November 10, 2009
Scott Olson
A federal tax credit that benefits first-time homebuyers is helping to bring home sales in the nine-county Indianapolis area out of their funk.
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Fewer home-building permits signal weakness ahead

October 20, 2009
Associated Press
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
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First-time buyer tax credit isn't moving pricier homesRestricted Content

October 17, 2009
Cory Schouten
The incentive has not generated a hoped-for boost in sales of homes at higher price-points. About 30 percent of the sales eligible for the tax credit are foreclosures, meaning the seller likely won’t buy another home.
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