Area homebuilding permit filings down in July
Permit filings for home construction in central Indiana fell 5 percent last month, the first decline the market has seen since January.
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Second city Land Bank defendant pleads guilty
A second defendant in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty, and a judge has moved a trial for three remaining defendants to early 2015.
Contracts to buy homes decrease nationally
Sales have been slowed by a mix of meager wage growth, rising home prices, and mortgage rates that rose steadily through the end of last year.
Indy home sales likely slowing to ‘new normal’
Home-sale agreements tumbled 14.9 percent in the nine-county Indianapolis area in June, the tenth straight month deals have decreased, according to F.C. Tucker Co.
Study: U.S. millennials buying homes later in life
The number of first-time homebuyers in May was near record lows at 27 percent, versus a historic average of 40 percent.
At-Home Quarterly Marketplace
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
Home buyer tastes have shifted since housing bust
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
Sales of U.S. existing homes up 4.9 percent in May
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
Area home-construction permit filings flatten out
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
Existing home sales continue dismaying trend
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
Existing-home sales sink for eighth straight month
Home-sale agreements dropped nearly 20 percent in the nine-county Indianapolis area in April. Home prices continued to rise as inventories shrank.
Sales of U.S. existing homes sink to 20-month low
The sharpest sales increase occurred among homes priced at $1 million or above. Sales fell in nearly every other price group.
Existing-home sales slide for seventh straight month
Home prices rose, however, as inventory dwindled. The average area home price in March was $161,191, an increase of 6.1 percent compared with the same month of 2013.
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-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.