Pending Home Sales Predicts A Stronger Spring Market
The Pending Home Sales Index rose slightly in December, climbing 1 percent from November.
A Pending Home Sale is a home that is under contract to sell, but not yet sold. It's a figure compiled by the National Association of Realtors® using ...
Posted by Paula Henry on February 3, 2010 in Real Estate News
RealtyTracs 2009 Foreclosure Report Gives Reason For Optimism
Like real estate, it appears that foreclosure activity is a local phenomenon, too. As reported by RealtyTrac.com, more than half of all foreclosure-related activity in 2009 came from just 4 states:
Posted by Paula Henry on January 15, 2010 in Real Estate News
WHY Banks Are Losing Money
This is from the STUPID FILE of things banks do on bank owned properties. There are certainly enough stories to complete a library and yet, just when you thought you read the one to beat all stories, another comes along that makes you scratch your ...
Posted by Paula Henry on September 10, 2009 in Real Estate News
High End Homes Not Selling in Metro Indy
Today, the Hilbert Mansion on 116th Street in Carmel was reduced by another $5,000,000. Originally listed at $25,000,000, the current asking price is less than 40% of the original listed price. You can read the story here.
The volatility of ...
Posted by Paula Henry on September 1, 2009 in Real Estate News
Your New Mortgage Payment Info
What happens to your mortgage payment when the taxes change? We’ll look at my daughter’s changes over the last 18 months. In 2008 when the Indianapolis property tax C-bill came out ( the final bill for 2006), it was much less than the ...
Posted by Paula Henry on August 19, 2009 in Real Estate News
TAXING Times in Indianapolis – Property Taxes, That is!
An email on Friday revealed the answer to the question many have been asking. When will the tax bills go out? Today the Indianapolis Star confirmed the property tax bills for Hendricks County will be mailed out this week.
The time bomb – they ...
Posted by Paula Henry on August 17, 2009 in Real Estate News
Facing Foreclosure in Indianapolis
Losing the American Dream
Buying a home is the 'American Dream' and a huge investment which is normally not taken lightly. I doubt many people who sign their loan documents and open the door to their new home, think 'well, if I can't make it, ...
Posted by Paula Henry on August 2, 2009 in Real Estate News
Indianapolis Foreclosure Statistics 2003 - 2009
Recently, I was asked to provide some data about the state of foreclosures in Indianapolis and how it is affecting the economy. It was an eye-opening excercise, but certainly not surprising.
While the data reveals the state of foreclosures in ...
Posted by Paula Henry on July 19, 2009 in Real Estate News
Certified Deed RipOff
A client recently called to ask whether they need to obtain a 'certified' copy of their deed. She had received a letter from National Deed Service stating she could should get a Certified copy of her deed, how important the document is, since ...
Posted by Paula Henry on May 27, 2009 in Real Estate News
WARNING - You Don't Need Their Help
It is part of my normal routine to contact lenders on behalf of my clients who are in the process of trying to obtain a short sale on their home.
Today, one of the lenders I called had an intro message warning their clients about third parties ...
Posted by Paula Henry on April 1, 2009 in Real Estate News
Refinancing Your Indianapolis Home?
Low interest rates have created an upsurge in the number of homeowners looking to refinance their homes. I don’t have an opinion either way, as I believe it is a personal financial decision everyone needs to make for themselves.
Once you ...
Posted by Paula Henry on January 17, 2009 in Real Estate News
Spinning the Averages
It’s time for all the year end statistics and market reports to be calculated and published. While some will offer doom and gloom, others will paint a rosy picture. Somewhere in between the two is the truth. Everyone has their own spin! ...
Posted by Paula Henry on January 4, 2009 in Real Estate News
What is a Short Sale?
A short sale is the process by which a homeowner sells their home for less than what is owed to the current lender or lenders or when the cost to sell a home does not cover the current balance due the lender. A short sale is one option for ...
Posted by Paula Henry on December 31, 2008 in Real Estate News
Defining Average Vs. Median Home Prices
One of the terms which is least understood and most overused in real estate is “average”. It gets used a lot in news media coverage of the real estate industry; I guess, simply because there is not a more definitive way to ...
Posted by Paula Henry on December 21, 2008 in Real Estate News
Are You Facing Foreclosure?
A Homeowner’s Nightmare
With the economic crisis we are facing in the real estate sector of our economy, many homeowners are realizing their home may not be the investment they thought. The dream of home ownership has turned into a nightmare ...
Posted by Paula Henry on December 10, 2008 in Real Estate News
Indianapolis Tax Estimator for Marion County
Here’s a little knowledge about the tax bills which will soon hit our mailboxes. Remember, you will receive a tax bill for the first half of 2007 in a few weeks, best estimates indicate November 10th. We then expect the last half of 2007 tax ...
Posted by Paula Henry on October 28, 2008 in Real Estate News
Is Hope for Homeowners a Plan for You?
The Hope for Homeowners (H4H) plan went into affect on October 1st. While, I do believe it is a benefit for some, I don’t think it will help or benefit as many as it should. Many of the homeowners I speak to have to weigh the ...
Posted by Paula Henry on October 27, 2008 in Real Estate News
Real BailOut from the Banks
The recent bailout of wall street and banks has many trying to figure out exactly what it means for homeowners who may be facing foreclosure. While I don’t know the specifics about what the bailout means for individual homeowners, there are a ...
Posted by Paula Henry on October 27, 2008 in Real Estate News
Indianapolis Property Taxes - A Homebuyers Story
A Phone Call
A recent phone call from a gentleman about the amount of real estate property tax he had to pay for the reconciliation bill in July made me think about what a mess this whole year has been for homeowners, both those who are buying and ...
Posted by Paula Henry on September 10, 2008 in Real Estate News
Indianapolis Property Taxes - A Question
This is a week of tax questions. If you have been a reader here for any time at all, you know the Indianapolis property tax issue is a favorite of mine
The following question came from someone who is starting their search for a home in Avon a ...
Posted by Paula Henry on September 9, 2008 in Real Estate News