Articles

Home-sale deals tick up in Indianapolis area

Home-sale agreements in the nine-county Indianapolis area rose 3.6 percent in July from the same month a year earlier, marking the third straight month of year-over-year increases after 14 months of declining sales.

Read More

Central Indiana home sales rise for first time in a year

Sales in the Indianapolis area rose 32 percent last month compared with the same time a year ago, reversing a year-long slump in the residential market. But May 2010 home sales were down dramatically after the expiration of a special federal tax credit.

Read More

Local developer seeks bankruptcy protection

Platinum Properties LLC, an Indianapolis upscale residential real estate developer, sought Chapter 11 protection on Monday, listing several huge debts to prominent local businesses and business people.

Read More

Estridge becomes division of national home builder

The Estridge Group, which had operated in the Indianapolis area since 1967, has become part of Houston-based David Weekley Homes. Estridge had struggled in recent months to stay afloat during the severe housing downturn.

Read More

Local home construction plummets again

Home-building permits filed in the Indianapolis area fell by more than 40 percent in February compared with the same month last year. Nationally, builders broke ground last month on the fewest homes in nearly two years.

Read More

Local home sales fall again

Home-sale agreements in the nine-county central Indiana region fell 12.2 percent in January compared to the same month in 2010, the ninth straight month in which year-over-year sales slumped locally.

Read More

Area home sales continue downward spiral

Home-sale agreements in the nine-county central Indiana region dropped 17.5 percent in November compared to the same month a year ago, the seventh straight month that year-over-year home sales have slumped.

Read More