Indiana Home Sales Fall in August

Existing single-family residential home sales were down 14.5 percent statewide (.pdf) in August of this year versus August of 2008, according to the Indiana Association of Realtors. However, the median sales price declined only 4.5 percent.

In northern Indiana, unit sales and media prices declined across the board, but the size of that decline varied widely (data from Starke County was not included in the report):

County Units Sold Median Price
Newton -29.5% -0.2%
Jasper -24.0% -10.8%
Porter -21.4% -1.8%
St. Joseph -21.3% -1.1%
Lake -15.2% -18.9%
LaPorte -8.3% -10.4%
Total Indiana -14.5% -4.5%

Notes: College Football Hall of Fame Leaving South Bend

The College Football Hall of Fame is leaving South Bend for Atlanta, but the city will still be paying for the building long after the Hall is gone.

Porter-Starke Services is moving forward with a new $1.5 million facility in Portage.

New York Blower in LaPorte has laid off 14 more workers, bringing the total number of people the company has let go since October 2008 to 104.

The Porter County lawsuit over the Regional Development Authority will move to Jasper County.

Indiana is a logistics hotbed.