Country club land along White River to be preserved in $2.7M deal
Club directors chose to sell 12.5 acres to the Central Indiana Land Trust after considering an offer from a local developer who wanted to build homes on the property.
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Residential Real Estate: Marketplace
Housing Sales March 1 – May 31 MORE FROM IBJ Click here. The housing market is hot but the challenge is a lack of inventory, said F.C. Tucker Co. President Jim Litten. Currently, there are about 9,000 listings in central Indiana, although about 20 percent of those are under contract with an agent accepting […]
Turnarounds rebound as home flippers get back in gear
Locally, the number of homes flipped in 2015 jumped 9 percent from the previous year. Nationally, 2015 marked the first annual increase in the percentage of homes flipped following four straight years of decreases
Homes selling at strongest pace nationally since 2007
Americans snapped up houses in May almost as soon as properties were listed, fueling the strongest sales rate in nearly a decade.
Existing-home sales surge in central Indiana
Existing-home sales in central Indiana jumped 18.6 percent in May as average sale prices ticked up and inventory dropped significantly.
Ten years after housing’s peak, U.S. more of a renter nation
Renters accounted for all of the 8 million-plus net households the United States added in the past decade. Home ownership has dipped to 63.5 percent, near a 48-year low.
New homes selling rapid fire at former Fort Ben
Builder David Weekley Homes is launching the second phase of its 74-lot Residences at Lawrence Village project more quickly than expected.
Existing-home sales, prices climb in central Indiana
Existing-home sales in central Indiana jumped 12.4 percent in April as average sale prices rose slightly and inventory dropped significantly.
Indianapolis-area home builders stay on growth streak
Indianapolis-area residential builders filed 546 single-family construction permits in the nine-county area last month, their best April since 2007.
Pittman family properties in $2.4M estate could be auctioned
Heart surgeon John Pittman’s offspring have been feuding in court since September about how to handle real estate in Carmel and Zionsville.
Home sales surge in March as inventory remains tight
Home closings in 13 central Indiana counties climbed 9.2 percent compared with the same month last year, while average sale prices rose 3.4 percent.
Existing homes sales still falling in tight market
Sales of existing homes in central Indiana showed a 2.5 percent decline in March, marking the 11th monthly decrease in the last year.
U.S. home prices rising faster than average incomes
U.S. home prices climbed at more than double the rate of incomes in January, a trend driven by tight supplies that could ultimately create affordability challenges.
Residential Real Estate: Marketplace
See what you can buy for $650,000 plus get the details on the most expensive house that sold in the past few months.
Area home builders have best February since 2007
Indianapolis-area home builders had their best February in almost a decade last month with a big surge in new-home buying.
Area existing-home sales continue to slide
Sales of existing homes in central Indiana are off to a slow start this year after falling in February, marking the 10th decline in 11 months.
Area home sales slumped in January after strong 2015
Sales of existing homes in central Indiana plunged nearly 10 percent in January as the number of properties on the market tumbled by an even greater percentage.
New-home buyers start off 2016 just like last year
Builders in the nine-county area filed the same number of single-family construction permits last month as they did in January 2015.
U.S. home purchases rebound as 2015 sales reach 9-year high
Steady job growth and low mortgages drew more buyers into the market, causing both sales and prices to climb steadily.
Indy-area home sales rebounded in 2015
Sales of existing homes in the nine-county area experienced their most robust performance since before the Great Recession, while prices continued to rise, F.C. Tucker said Wednesday.