Imagine being asked to speak to a crowd hit by the biggest downturn in its industry in decades, and motivate
them to get back out there and keep selling. Or try to sell.
Thatâ??s what Dan Lappin faces when he speaks…
The squishy Indianapolis-area residential real estate market has come to this: -Sluggish though it is, the region hasn’t been hit as hard as the nation as a whole. -Sellers have the greatest advantage if their house is priced below $75,000 or if the house is in Hendricks County. -Buyers have the most leverage if the […]
Despite the national housing market’s slump, more than three-quarters of U.S. homebuyers remain confident their purchase was at least as good an investment as stocks. That’s according to a new survey released today by the Metropolitan Indianapolis Board of Realtors. “Real estate is a long-term investment. Don’t buy and expect to make a fortune in […]
Average sale prices for central Indiana homes rose slightly in August, but the number of homes sold dropped 18.5 percent from the same month last year, according to a report issued today by the Metropolitan Indianapolis Board of Realtors. Total home sales year-to-date are down about 8 percent from the same period during 2006. The […]
After being forced out of his high-paying job with WellPoint Inc. earlier this year, David C. Colby is now selling his house. Asking price: $1.6 million. The historic home owned by Colby and Angela Doan, who called herself his wife, features six bathrooms, five bedrooms, three fireplaces and a 1.25-acre lot. The brick structure encompasses […]
The average sale price of houses in the 13-county metro area fell 3 percent in July from the same month last year-to $163,612, the Metropolitan Indianapolis Board of Realtors said today. The number of sales slid 6.7 percent, to 2,765. Pending sales-signed but not closed-fell 5 percent. Inventories held steady at 22,270, a sign that […]
Central Indiana home sales fell to 2,577 in April, down 3.8 percent from the same month last year, the Metropolitan Indianapolis Board of Realtors said today. For the year, the sales are off 7.9 percent. New listings for April increased 5.5 percent from a year earlier, and prices held steady despite the slow sales and […]
Shelbyville and Shelby County have launched a marketing campaign in Marysville, Ohio, hoping to attract Honda workers moving to Indiana to work at the automaker’s new plant near Greensburg. The Shelby County Development Corp. began running full and half-page ads in the Marysville Journal-Tribune on March 30. The ads direct readers to a Web […]
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.
Apparently, Dorothy’s still right. There is no place like home, particularly if you are a single woman with good credit. Single women now are significant players in the real estate market. In fact, one out of every five homebuyers nationwide in 2004 was a single woman-and locally the percentage is even higher. According to a 2004 study by the Metropolitan Indianapolis Board of Realtors, almost 25 percent of homebuyers in the area were single women. The national figure, compiled by…
The high-end appliance retailer Clark Appliance Showcase will open a store practically in the back yard of its closest competitor in early March. Does the move signal a turf battle between two local retailers that cater to homeowners willing to pay luxury car prices for a kitchen? Not really. The local market for products such as $10,000 Viking ranges is growing so fast that executives at Clark and H.H. Gregg think there’s room for both on the northeast side. “It’s…
The high-end appliance retailer Clark Appliance Showcase will open a store practically in the back yard of its closest competitor in early March. Does the move signal a turf battle between two local retailers that cater to homeowners willing to pay luxury car prices for a kitchen? Not really. The local market for products such as $10,000 Viking ranges is growing so fast that executives at Clark and H.H. Gregg think there’s room for both on the northeast side. “It’s…
