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Articles

Real estate agents, home sellers, buyers adjust to social-distancing norms

April 17, 2020 | Mickey Shuey

Local brokers have made big changes in the way they sell houses in an effort to protect buyers and sellers during the coronavirus outbreak. It’s not clear yet whether or how much the changes will hurt home sales—in the short term or long term.

Area existing-home sales took off in March despite pandemic limitations

April 10, 2020 | IBJ Staff

Sales of existing single-family homes increased dramatically in central Indiana in March despite a global pandemic that limited house shopping. Meanwhile, tight inventories helped propel the median home price in the region to a record.

Sales of existing homes surge in central Indiana amid lower rates

February 21, 2020 | IBJ Staff

Closed sales in central Indiana have risen on a year-over-year basis in four of the last five months after falling in seven of the previous eight months.

Central Indiana existing-home sales finish 2019 with surge

January 27, 2020 | IBJ Staff

Sales of existing single-family homes rose in three of the last four months of 2019 in central Indiana, capping off a sluggish year for transactions amid rising prices and low inventories.

New Hamilton County sign rules take second shot at banning election placards

December 30, 2019 | Kurt Christian

The new ordinance is intended to reduce election-related clutter near unincorporated roadways, but it also puts a crimp in the way real estate agents use signs.

election campaign signs

Area existing-home sales drop on rising prices, low inventory

December 24, 2019 | IBJ Staff

Sales of existing single-family homes decreased 4.5% in central Indiana in November—ending a two-month streak of increases.

Area existing-home sales tick up for second straight month

November 18, 2019 | IBJ Staff

Sales are still down in the area on a year-to-date basis amid tight inventories and rising prices.

Area existing-home sales tick up amid declining inventories

October 23, 2019 | IBJ Staff

Sales of existing single-family homes rose 1.8% in central Indiana in September—only the second month of increased sales this year on a year-over-year basis.

Area existing-home sales fall for eighth time in past nine months

September 20, 2019 | IBJ Staff

On a year-to-date basis, closed sales are down 1.5% in the 16-county central Indiana area, to 23,631.

Mayoral candidate Merritt releases plan to combat city crime

September 4, 2019 | Lindsey Erdody

Republican mayoral candidate Jim Merritt’s proposal, announced Wednesday morning, includes creating a metro homicide unit and implementing the “swarm” technique, which would send 10-15 patrol vehicles at one time to “hot spots” in the city.

How to be a buyer in a seller’s market

August 30, 2019 | Lesley Weidenbener

This summer, houses in central Indiana sold after being on the market an average of just one month, half the time of homes sold in 2015. And that’s the average of all houses. Those that are move-in-ready and in desirable neighborhoods—the kinds of homes most buyers are looking for—are often sold within hours or, at most, a few days.

Area existing-home sales break out of seven-month slump

August 16, 2019 | IBJ Staff

The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.

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Area homes sales fall for 7th straight month amid rising prices

July 22, 2019 | IBJ Staff

Median home prices in central Indiana reached an all-time high in June amid tighter inventories and fewer new listings.

Home prices keep rising but experts say there’s no bubble in sight

June 26, 2019 | Mickey Shuey

“Our area’s price points are not out of control” like other parts of the country, said Rachel Burt, a broker with F.C. Tucker.

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Sales of existing homes fall for sixth straight month in central Indiana

June 21, 2019

On a year-to-date basis, closed sales of existing homes in the 16-county Indianapolis area are down 3%, to 12,731.

Sales of existing homes fall for fifth straight month in central Indiana

May 29, 2019

On a year-to-date basis, sales of existing single-family homes are down 3.8 percent in the area, to 9,249.

Sales of area existing homes fall for fourth straight month

April 24, 2019

Marion County, however, saw a 4.7 percent increase in closed home sales in March amid rising inventories.

Existing-home sales in central Indiana fall for third straight month

March 29, 2019

Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market. And colder-than-usual weather last month didn’t help.

Existing-home sales in central Indiana fall for second straight month

February 28, 2019

One encouraging sign for future months was pending home sales, which rose 17.1 percent in January.

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U.S. home sales slip in January to worst pace in 3-plus years

February 21, 2019

Would-be homebuyers are increasingly priced out of the market as years of climbing prices and strained inventories have made ownership too costly.

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