Census surprises
An Indiana University demographer outlines predictions on Latinos, homeownership and populations of unincorporated areas.
Residential Real Estate
Articles
Buckingham tapped to develop mixed-use project near IUPUI
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
Home prices rise nationally for fifth straight month
The recovery continues to be uneven, with only 11 of the 20 metro areas tracked by the index showing gains.
Housing meltdown claims at least one homebuilder
Two more local homebuilders fell victim in 2009 to the prolonged meltdown of the housing market. Carmel-based
C.P. Morgan Communities LP closed in February, and Indianapolis-based Hansen & Horn Group Inc. is teetering on the edge
of bankruptcy.
AIMCO rethinks sale of four apartment complexes
A Denver-based company that just sold its largest Indianapolis apartment complex has taken its four remaining local properties
off the market.
Giant Heartland Crossing housing development hangs on
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
Housing construction jumps
The Commerce Department said Wednesday morning that construction of new homes and apartments rose 8.9 percent in November.
Local home builder placed in receivership
A receiver appointed to manage the assets of financially troubled Hansen & Horn Group Inc. will recommend whether the Indianapolis-based
home builder should remain in business.
Area home sales tick up
Home-sale agreements in the nine-county Indianapolis area rose 3.3 percent in November, marking the third consecutive month they’ve showed a year-over-year increase.
Kosene becoming full-service residential brokerage
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
Hansen & Horn insolvent, receivership next step for builder
The president of Hansen & Horn Group Inc. admitted in court Thursday that the troubled home builder is insolvent and agreed
to have a receiver appointed to operate the company.
Attorneys drop troubled home builder Hansen & Horn
Indianapolis-based Hansen & Horn Group Inc. is without legal representation after attorneys defending the troubled
home builder from a slew of lawsuits dropped it as a client.
Rich flocking to real estate
A survey shows wealthy investors are targeting real estate. But what about Indianapolis?
Neighborhood revitalization group calling it quits
BOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
Asking price for Hilbert estate drops below $10M
After more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at
$9.9 million—less than half of the original asking price and a third of the $30
million it was estimated to be worth in 2001.
Troubled homebuilder’s funds frozen after failing to pay judgment
A Marion County judge has frozen certain Hansen & Horn Group Inc. funds after the Indianapolis homebuilder failed to pay
a $183,000 legal judgment. The move sheds light on the severity
of the company’s woes.
U. S. home sales hit highest level since early 2007
The National Association of Realtors said Monday that home resales rose 10.1 percent in October, spurred by a tax credit that
buyers
expected to expire at the end of the month.
Homeownership losing cachet due to housing bust, job losses
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
Home-construction starts, permits plunge unexpectedly
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
Construction under way on downtown condo conversion
The Shelton, a five-story building on Delaware Street, is getting a $3 million makeover.