The number of households receiving emergency rental assistance has increased steadily in recent months, with no major increase in evictions despite the expiration of the federal eviction moratorium, the Treasury Department said.
Three developments have opened this fall: one just south of Indianapolis International Airport, one on the near-east side, and one in Fishers. A fourth is planned for Whitestown.
Despite the September decline, single-family building permit filings are still on pace to have their biggest year since 2005.
Sales in central Indiana fell for the second time in three months last month as prices continued to escalate and inventories remained low.
On a year-to-date basis, closed sales in central Indiana are up 6.6%, to 25,349, compared with 23,776 in the first eight months of 2020.
Westfield-based Henke Development Group had its development plan for a nearly 79,000-square-foot clubhouse featuring a slew of golf- and non-golf-related amenities approved this week by the Zionsville Plan Commission.
Denver-based RE/MAX LLC and RE/MAX Integrated Regions LLC filed a complaint in federal court last month against James “Jimmy” Dulin and The Hamilton Group Inc., which does business as RE/MAX Ability Plus.
Despite a slight decline in August, single-family building permit filings are still on pace to have their biggest year since 2005.
Indianapolis-based Onyx+East, Arbor Homes and St. John-based Olthof Homes presented plans to the Noblesville City Council on Tuesday for a slew of new residential projects featuring 129 single-family, 123 townhouses and 62 two-family homes.
A nine-member task force created by the Indiana Supreme Court will help landlords and tenants resolve their disputes and access federal rental assistance resources.
Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price index climbed a record 19.1% in June from a year ago.
Indianapolis-based Front Porch, founded in 2014 by owner and former Tucker agent Jim Perry, has four offices in Indianapolis and one in Paoli, Indiana.
The region’s hot real estate market cooled slightly in July but continued at a rapid pace. The number of single-family home and condo sales in 16 central Indiana counties dropped 2.9% from June to 4,071 in July.
John and Solveig Fiene’s Zionsville home has high ceilings, plenty of light streaming in the windows and a big, welcoming front porch, the perfect place to sit and talk to people walking by.
San Francisco-based Opendoor and Phoenix-based Offerpad both announced in recent weeks that they were bringing their internet-driven real estate services to homeowners in central Indiana. They allow homeowners to request a cash offer on their homes—usually available within 24 hours.
Three veteran real estate agent teams retained the top three places in IBJ’s All-Star team rankings, with Dennis Nottingham’s Indy Home Pros Team claiming the No. 1 spot. Jennil Salazar of RE/MAX Ability Plus made it a three-peat as the top IBJ All-Star solo agent.
The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in the next two months.
Lawmakers approved $46.5 billion in rental assistance earlier this year, but only $5.1 billion had been been distributed by states and localities through July.
So far this year, 6,539 single-family building permits have been filed in the Indianapolis area, up 39% over the first seven months of 2020.
Smaller landlords with fewer than four units, who often don’t have the financing of larger property owners, were hit especially hard by the pandemic, with as many as 58% having tenants behind on rent, according to the National Association of Realtors.
