Fishers District residential community sold to Virginia-based company
The upscale Slate at Fishers District was developed at a cost of about $63 million on 25 acres east of Ikea, with construction completed in May 2024.
Residential Real Estate
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Uncertainties under Trump trouble housing providers
Frozen grants, delayed allocations and terminated funds are all examples of what Indianapolis housing providers and builders face as President Donald Trump’s administration slashes federal programs and jobs.
Homebuilders prepare for proposed tariffs that could raise material costs, erode margins
The National Association of Home Builders projected that current tariffs could raise the cost to build a single-family house in the United States $7,500 to $10,000.
Developer planning nearly 300 new homes on west side of Westfield
If the development is built according to its current plan, it would feature 296 single-family houses and town houses, and commercial space.
Developers present plan for 242 apartments in North End project in Carmel
Carmel-based Old Town Cos. LLC and Indianapolis-based Avenue Development are seeking to build the apartments on 10.4 acres in the $100 million North End development.
Q&A with Onyx+East CEO Kelli Lawrence on embracing unique housing types
Onyx+East, which was spun off in 2016 from Indianapolis-based Milhaus Development LLC, got its footing in downtown Indianapolis, and Lawrence has led the company as it has put a focus on the suburbs.
New-home applications in central Indiana fall for second straight month
Meanwhile, the Builders Association of Greater Indianapolis this week welcomed its first new CEO in 29 years.
Existing-home sales in central Indiana continue to slide
Closed existing-home sales in the 17-county area fell for the third time in four months in February, but sales prices continue to climb.
Developer planning 360-unit apartment complex on west side of Carmel
Edward Rose & Sons wants to build seven apartment buildings and a commercial/retail building at the former site of Resort Condominiums International’s North America office.
MIBOR opposes Fishers plan to cap single-family rentals in city
Chris Pryor, chief advocacy officer for the MIBOR Realtor Association, said organization leadership is concerned that the proposed ordinance would restrict property rights, limit housing options in Fishers and interfere with the free market.
Mortgage rates have declined but could stay at level that makes it tough to afford home
The average rate on a 30-year mortgage in the U.S. has declined six weeks in a row, according to mortgage buyer Freddie Mac.
Homebuilder preparing for town house project near Nickel Plate Trail in Fishers
Nickel Row will consist of 35 town houses along the Nickel Plate Trail, south of East 116th Street.
New-home applications in central Indiana see first drop since mid-2023
Single-family building permit filings in the nine-county area had risen on a year-over-year basis for 19 straight months prior to January.
New year opens with fewer existing-home sales, higher prices
Home sales in central Indiana got off to a slow start in 2025, with a January snowstorm likely cooling off the pace of transactions.
Pulte Homes looking to build more homes near Spyglass Falls in Fishers
The proposed development would feature ranch and two-story houses with average sales prices ranging from $500,000 to $650,000.
City staffers seek more details on contentious Devington Plaza revamp, recommend denial of rezoning
The company’s current proposal calls for a two-phase, $100 million overhaul including more than 500 apartments, 35,000 square feet of retail and restaurant space, townhouses and a hotel.
Fishers City Council hears plan for cap on single-family rentals, registration program for landlords
The plan calls for limiting the percentage of single-family rental units per subdivision and require landlords to register rental houses and town houses with the city.
HUD cuts expected to worsen America’s housing crisis, staffers say
HUD’s entire workforce is projected to drop by about half—from about 8,300 employees to just over 4,000—with deep cuts in field offices nationwide.
US existing-home sales drop back again with mortgage rates at 7%
The drop in sales comes after the longest stretch of gains since late 2021, which offered some hope that home buyers and sellers were getting used to high mortgage rates.
Home developer Onyx+East requests abatement for $17.5M project along Monon
The $17.5 million project, known as Monon 21, is expected to bring townhomes and single-family dwellings to the 3.5-acre site at 2060 Yandes St.