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Articles

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.

Existing-home sales see small rise in 2018 despite tough December

January 25, 2019

Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market.

Existing-home sales creep up slightly in Indianapolis area

December 28, 2018

Average home prices continued to rise in November in the 15-county area amid tight inventories.

Central Indiana existing-home sales show monthly increase

November 27, 2018

Sales and prices for existing homes were both on the rise in October in the 15-county area, according to the latest data from the MIBOR Realtor Association.

Central Indiana existing-home market showing signs of weakness

October 25, 2018

Existing-home sales in central Indiana fell in September, the third month of declining sales out of the last seven, amid subpar home-buying conditions.

Teachers union spends big on Indianapolis Public Schools in election

October 22, 2018

The political arm of Indiana’s largest teachers union is spending heavily on some of the candidates vying for seats on the board this November in the Indianapolis Public Schools board election.

Area builders stay on hot streak, but study says pace won’t meet demand

October 21, 2018

A new report from the Builders Association of Greater Indianapolis and MIBOR Realtor Association says builders have a long way to go if they want to keep up with the area’s future demand for new housing.

Indianapolis-area home sales jump despite less-than-ideal buying conditions

September 26, 2018

Housing affordability is at a 10-year low, but home sales are still on the increase in central Indiana.

Race on for Indianapolis Public Schools to get voters to OK tax hikes

September 19, 2018

With less than two months until Election Day, the effort to pass two referendums to increase funding for Indianapolis Public Schools is gaining momentum.

Builder proposes moderately priced housing project for Westfield

September 12, 2018

Indiana-based Olthof Homes has filed plans to build 430 new homes in Westfield, including townhouses that would start at $150,000.

Existing-home sales jump 7 percent in Indianapolis area

August 28, 2018

Sales rebounded in July even though prices continued to rise and inventory continued to shrink.

IPS’ big ask: What a $220 million referendum means for the district and its taxpayers

August 23, 2018

The district says that, to keep its main priority on the table—raising money for salary increases for teachers and staff—it made tradeoffs that could leave it financially vulnerable down the road.

focus-ips-referendum-millions-bp450.jpg

Area home sales decline amid escalating prices, lower inventory

July 23, 2018

It was a rare off-month for the market, which has experienced year-over-year sales increases in 27 of the past 32 months.

IPS could reduce potential tax request by half-billion dollars, consultants say

July 11, 2018

In a plan unveiled Wednesday, the Indy Chamber is proposing sweeping cuts to save Indianapolis Public Schools nearly $500 million over eight years—and drastically slash the amount the district would seek from taxpayers in referendums.

big-pic-ips-042312-2col.jpg

Buyers must make good offers quickly to snag homes in sizzling market

June 27, 2018

An especially low inventory of homes for sale is driving up prices and requiring buyers to take unusual steps to secure the places they want.

focus-hot-housing-market-open-house1-bp450.jpg

Area home sales still climbing amid escalating prices, fewer choices

June 27, 2018

The total number of active home listings in the 15-county central Indiana region dropped 25 percent from the end of May 2017 to the end of last month.

Existing-home sales rise in Indianapolis area amid shrinking inventories

May 30, 2018

The market rebounded from an off-month in March, when sales dropped 7.5 percent on a year-over-year basis—the first decline in seven months.

Estridge Homes proposes high-end subdivision in Westfield with 125 homes

May 9, 2018

Homes in the 80-acre neighborhood are expected to sell from $500,000 to $750,000 and would vary from 1,800 to 3,500 square feet.

INDOT says I-70/I-65 work downtown can’t wait for independent study

May 3, 2018

Community groups have been advocating for an outside look at whether alternatives for the massive north split interchange project could spur economic development and improve downtown.

Existing-home sales decline in Indianapolis area as inventories plummet

April 30, 2018

It was the first month sales have fallen since July and only the fourth month they’ve declined on a year-over-year basis in the past 29 months.

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