Bank gives Indy $1.4M to settle discrimination complaint
The settlement results from a complaint that alleged Wells Fargo's properties in white neighborhoods were much better maintained and marketed than properties in minority areas.
The settlement results from a complaint that alleged Wells Fargo's properties in white neighborhoods were much better maintained and marketed than properties in minority areas.
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in each of the first four months of the year.
Shela Amos, 57, led victims in Indianapolis to believe they were legitimately purchasing vacant homes that Amos did not actually own.
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
The housing market has spiked so much in some places that real estate agents are turning to Facebook and going door-to-door looking for prospective sellers because of a shortage of houses for sale.
Indianapolis-area statistics on home sales, demographic trends and more.
A confluence of circumstances has led to a spurt of sales that sometimes occur within days.
Purchase agreements for existing homes totaled 2,034 in February, up from 1,882 in the same month a year earlier, Indianapolis-based real estate agency F.C. Tucker Co. Inc. reported.
Home-sale agreements in the nine-county Indianapolis area spiked 17.2 percent in January compared to the same month a year earlier, suggesting last year's housing recovery continues to gain momentum.
Home-sale agreements in the nine-county Indianapolis area jumped 12.2 percent in December, marking a 20th straight month of gains and capping off a strong year for residential real estate.
Home-sale agreements in the nine-county Indianapolis area jumped 14.2 percent in November, marking the 19th straight month the number of pending sales has increased.
The number of single-family building permits filed in the nine-county area climbed 43 percent in November, the fifth straight month of year-over-year increases, according to the Builders Association of Greater Indianapolis.
Home-sale agreements in the nine-county Indianapolis area rose 20.6 percent in October, the 18th straight month of year-over-year improvement in sales contracts.
Omaha-based Berkshire Hathaway Inc., through its HomeServices of America unit, bought a majority stake in the Prudential and Real Living real estate franchises from Brookfield Asset Management.
Home-sale agreements in the nine-county Indianapolis area rose 3.8 percent in September, the 17th consecutive month of improvement in sales contracts.
Purchase agreements in the nine-county area totaled 2,151 during the month, a 5-percent increase from August 2011. Year-to-date sales are up 14 percent compared with the same time last year.
Builders in the nine-county Indianapolis area filed 408 construction permits in August, a 15-percent increase from the same month a year earlier, according to the Builders Association of Greater Indianapolis.
Encore Sotheby’s local office represented seller in the $3.8 million sale to a local buyer.
Purchase agreements in the nine-county Indianapolis area tracked by F.C. Tucker Co totaled 2,219 in July, a 9.7-percent increase over the same month last year. Overall year-to-date sale prices for the nine-county area increased by 2.5 percent, to $154,975.