Expensive homes selling quickly in Indianapolis area
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
Home Sales
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Home-sale agreements continue disappointing trend
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
Central Indiana home sales start year on chilly note
Home-sale agreements plummeted 31 percent in January, likely due to the record snowfalls and cold temperatures.
Lilly Endowment awards $6.3M to Indy housing group
The Indianapolis Neighborhood Housing Partnership will use the funds to help qualified residents purchase homes and revitalize their neighborhoods.
Strong year for home sales ends on 4-month skid
Home-sale agreements in central Indiana plummeted 18.6 percent in December, as the market continued a downward trend.
Homebuilders see second straight drop in permit filings
Despite the monthly decline, year-to-date permit filings are up 18 percent over 2012. This year’s number through 11 months has already exceeded 2012’s full-year total.
Area home sales fall for third straight month
Although area sales of existing homes are up 15.4 percent through the first 11 months of the year, the trend has reversed in recent months. Year-over-year sales have fallen in four of the last five months.
Indianapolis-area home sales take nosedive
Although area sales are up 16 percent through the first 10 months of the year, the trend has slammed into reverse in recent months amid higher mortgage rates and tighter inventories.
Tireless agent Bif Ward closing in on $1B milestone
For 34 years, Ward has been selling homes in the Indianapolis area, often to the city’s elite, racking up 12-hour days during her busiest times.
Area home sales show signs of cooling off
Home-sale agreements in central Indiana fell for the second time in three months in September amid higher mortgage rates and tighter inventories.
Stonegate Mortgage IPO a test of housing recovery
Stonegate Mortgage—potentially the first company in Indianapolis to go public since ExactTarget in 2012—plans to entice investors with a nationwide expansion, a diversified income stream, and the prospect that federal reforms will benefit such loan aggregators.
Boomers face downsizing dilemma in Indianapolis
Changing tastes, economic uncertainty could crimp sale prices for boomers wanting to move into smaller quarters.
U.S. home sales hit six-year high, but could slow soon
August sales reflect contracts signed in June and July, when mortgage rates were rising steadily. A Realtors group cautioned that buyer traffic dropped off significantly in August. That points to fewer sales in the fall.
Area home sales creep up after faltering in July
The 3-percent bump last month was cause for relief after pending agreements in July broke a two-year streak of gains.
New homebuilders take root in Indy after downturn
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
Area home sales decline for first time in 2-plus years
The pace of home-buying has fallen due to higher mortgage rates, rising prices and lower inventories.
Housing market strong in the northern ‘burbs
Halfway through the year, home sales are up in Hamilton and Boone counties. So are average purchase prices. Get the details.
Area home-sale agreements on the rise again
Home-sale agreements in the nine-county Indianapolis area were up nearly 10 percent in June compared to the same month a year ago.
Second-home sales rebounding with broader market
Buyers coming into the market range from retirees to wealthy executives and even modest earners.