Indiana foreclosure prevention program expanding
State officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion of a federally funded foreclosure prevention program.
Residential Real Estate
Articles
Construction begins on $16M downtown apartment project
The property at 800 N. Capitol Ave. is receiving a total rehab from two local developers that are retrofitting the building with 111 apartments.
Growth in area home sales hits March slowdown
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
Area homebuilding permits jump 10 percent
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
Existing-home sales market surging 15 percent across Indiana
The housing market has spiked so much in some places that real estate agents are turning to Facebook and going door-to-door looking for prospective sellers because of a shortage of houses for sale.
Developer closing in on Ironworks anchor tenant
Hendricks Commercial Properties is set to break ground on the $30 million mixed-use development on the southwest corner of 86th Street and Keystone Avenue on Wednesday.
Will suburban apartment market stay hot?
Marah Development’s plans for a 491-unit multifamily housing project in Noblesville’s Corporate Campus aren’t surprising, given the red-hot apartment market in central Indiana.
Noblesville OKs $40 million upscale apartment project
The vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there. City officials hope it will attract more businesses.
Pedcor moving ahead with $13M Central State apartments
The Retreat on Washington would be the developer’s second project at the former psychiatric hospital campus on Indianapolis’ west side.
Whitsett bids to redevelop Star headquarters
One of the city’s most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters to redevelop the property into apartments or condominiums.
Boomerang comes back with plans for Noblesville subdivision
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
Veteran residential launches own real estate firm
Joe Everhart, who had spent 20 years at the Sycamore Group, opened his own business at 716 Massachusetts Ave.
Land prices creeping up after collapsing in bust
Ultra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
At Home Quarterly: Marketplace
Indianapolis-area statistics on home sales, demographic trends and more.
Architect designs home to grow with his family
Architect Chris Lake’s Zionsville home is a work in progress, and probably always will be.
Desirable homes selling fast in Indianapolis area
A confluence of circumstances has led to a spurt of sales that sometimes occur within days.
Area home sales rose 8.1 percent in February
Purchase agreements for existing homes totaled 2,034 in February, up from 1,882 in the same month a year earlier, Indianapolis-based real estate agency F.C. Tucker Co. Inc. reported.
Monthly home-building permits still on the rise
Area home-building activity continues to improve as the number of single-family permits filed in February jumped 30 percent from the same period last year.
Local housing projects get $3.4M boost from tax credits
The Indianapolis developments include new apartments for seniors, the developmentally disabled and homeless veterans, using sites such as Fort Harrison and the former Central State grounds.
Stonegate Mortgage raising new round of funding
Fast-growing Indianapolis company is pushing to fill a vacuum in the housing market.