Sales of existing homes in central Indiana slip for 26th straight month
The exceptions to the trend were Boone and Hendricks counties, where closed sales increased 24.1% and 9.8% over March 2023.
The exceptions to the trend were Boone and Hendricks counties, where closed sales increased 24.1% and 9.8% over March 2023.
Stehr has jumped into the job with a big-picture vision for addressing how to develop the land just south of Zionsville’s gingerbread-like downtown.
Combined with a nearly 44% increase in the national median sale price of previously occupied homes between 2019 and 2023, elevated mortgage rates have made buying a home less affordable for many Americans.
Members of the Noblesville City Council heard introductions for the four projects totaling $266 million in investment at the council’s meeting on Tuesday night.
The cooperative endeavor agreement signed by Indianapolis Mayor Joe Hogsett and U.S. Department of Housing and Urban Development Principal Deputy Assistant Secretary Richard Monocchio sets off a multi-year process of evaluation and reorganization of the agency.
Platinum Properties Management Co. plans to build Ravinia on 80 acres near West 166th Street and Eagletown Road and Winterburg on 205 acres about two miles west of Grand Park Sports Campus.
A local developer plans to spend more than $12 million to build a trio of walk-up style apartment buildings along Delaware Street, just south of Fall Creek.
Councilors plan to take a closer look at a proposal after criticism was made against the developer. The Indianapolis-based company has been accused of mismanaging three west-side apartment properties—allegations that it denies.
The charges are related to a high-profile case in which the landlord of the four affordable apartment properties in Indianapolis collected money from tenants but failed to pay Citizens Energy Group for services from October 2019 to April 2022.
Carmel’s housing options mostly fit into two opposite categories: single-family detached houses in subdivisions and multifamily apartment buildings in the downtown core. City officials want to explore a third category: the “missing middle.”
Applications for new home construction in central Indiana have risen on a year-over-year basis for eight straight months.
The West Fork District plan calls for as many as 150 townhomes, along with a whiskey-aging warehouse, a pond, an outdoor concert venue, dog park and various other neighborhood amenities, as well as future commercial development.
360 Market Square is among downtown’s most expensive apartment properties, with an average rent of $2,365 per month.
The building sits on land that Israel Traub, a German-Swiss immigrant, purchased in 1854 for a grocery store he opened in 1866, according to the St. Joseph Historic Neighborhood Association.
Experts say this year will see a continuation of the same pattern that’s governed the market since before the pandemic—too many buyers chasing not enough listings—with higher interest rates complicating the picture.
Sales in the 16-county area decreased in February amid higher prices and a declining inventory.
Residential builders Epcon Communities and M/I Homes of Indiana presented plans to the Noblesville City Council for two neighboring developments.
Plans call for the Star Brick Village retail and residential development to be built on 72 acres along East 146th Street, just north of Fishers.
After years of prioritizing large homes, the nation’s biggest and most powerful home builders are finally building more smaller ones, driving a shift toward more affordable housing.
The school intends to demolish an existing residence and build the new house before late 2026, which coincides with the end of President James Danko’s contract with the school.