Indianapolis Real Estate Market Report - December 2008
There are currently 7620 homes for sale in Indianapolis in Marion County. Sales were up in December compared to November, with 100 more homes sold in December.
There were 803 homes sold in December which represents 10.5% of the ...
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Posted by Paula Henry on January 31, 2009 in Market Statistics
Danville Indiana Real Estate Market Report - December 2008
For the month of December, there were 7 homes sold and closed in Danville compared to 9 homes sold in November. Of the 9 homes sold in November, 1 home was a distressed property sales.
The average price of all ...
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Posted by Paula Henry on January 31, 2009 in Market Statistics
Eagle Creek Real Estate Market Report - December 2008
There were no single family homes sold in Eagle Creek in December. There are currently 22 homes available for sale in Eagle Creek, ranging in price from $194,899 to 1,275,000.
There were two condo sales at Cobblestone:
One was a two bedroom, one ...
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Posted by Paula Henry on January 28, 2009 in Market Statistics
Plainfield Indiana Real Estate Market Reports - December 2008
For the month of December, there were 17 homes sold and closed in Plainfield compared to 27 homes sold in November. Of the 17 homes sold in December, 5 were homes which were distressed sales; all bank owned sales.
The ...
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Posted by Paula Henry on January 28, 2009 in Market Statistics
Traders Point Real Estate Market Report - December 2008
For the month of December, there were 5 homes sold and closed in Traders Point compared to 10 homes sold in October. Of the 15 homes sold in December, 3 homes were distressed property sales.
The average price of all ...
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Posted by Paula Henry on January 28, 2009 in Market Statistics
Fishers Indiana Real Estate Market Reports - December 2008
For the month of December, there were 83 homes sold and closed in Fishers compared to 75 homes sold in November. Of the 75 homes sold in December, 6 homes were distressed property sales.
The average price of ...
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Posted by Paula Henry on January 28, 2009 in Market Statistics
Carmel Indiana Real Estate Market Reports - December 2008
For the month of December, there were 90 homes sold and closed in Carmel compared to 64 homes sold in November. Of the 90 homes sold in December, 15 homes were distressed property sales.
The average price of ...
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Posted by Paula Henry on January 26, 2009 in Market Statistics
Zionsville Indiana Real Estate Market Report - December 2008
For the month of December, there were 26 homes sold and closed in Zionsville compared to 15 homes sold in November. There were no distressd property sales in Zionsville in December.
The average price of all homes sold ...
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Posted by Paula Henry on January 26, 2009 in Market Statistics
Brownsburg Indiana Real Estate Market Report - December 2008
For the month of December, there were 40 homes sold and closed in Brownsburg compared to 35 homes sold in November. Of the 40 homes sold in December, 8 were homes which were distressed sales; 7 were bank owned and ...
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Posted by Paula Henry on January 26, 2009 in Market Statistics
Avon Indiana Real Estate Market Report - December 2008
For the month of December, there were 46 homes sold and closed in Avon, compared to 49 homes sold in November. Of the 46 homes sold in November, 17 were homes which were distressed sales; 17 were bank owned and none ...
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Posted by Paula Henry on January 26, 2009 in Market Statistics
Great News for First Time Homebuyers in Indianapolis
Indiana Housing and Community Development Authority (IHCDA) announced a much anticipated drop in their rates. Okay, it may only be me who was anticipating it; somehow, I think not. In October, Indiana Housing rates started moving up and have ...
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Posted by Paula Henry on January 26, 2009 in Mortgage News and Info
Seller Beware of Short Sale Scams
The Call
Today, a real estate investor called me to ask about a home for sale, which he thought I was the agent for. I don’t have the home listed, he was using my Indianapolis Homes search site to find homes and assumed I was the ...
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Posted by Paula Henry on January 24, 2009 in Seller Information
Move-Up Homebuyers Face New Lending Challenges This Spring
When a homeowner sells his home and decides to buy a new one, there are 3 basic options for the residence -- sell it, keep it, or rent it. Unfortunately, no matter which path they choose, move-up home buyers in need of a new conforming mortgage ...
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Posted by Paula Henry on January 23, 2009 in Mortgage News and Info
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 ...
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Posted by Paula Henry on January 17, 2009 in Real Estate News
Numbers, Numbers, Numbers
Ever wonder why words packaged in threes make more sense. I don’t have the answer, but the title would not sound the same if I stopped at two. Now that’s out of the way – here’s the start for the NUMBERS. By the end of the ...
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Posted by Paula Henry on January 14, 2009 in Market Statistics
No Carpet, No Kitchen, No Loan!
In light of the changes in conventional financing guidelines, FHA loans have once again become a popular choice for home buyers. In the good ol days, (heck, that was just a few years ago) almost anyone could get 100% financing on practically ...
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Posted by Paula Henry on January 11, 2009 in Mortgage News and Info
Indianapolis Home Sales - Comparing Foreclosure Sales 2007-2008
Soon, I’ll start pulling together the information for both December 2008 market reports and the year on year comparisons. Last month I started a comparison report for 2007 vs. 2008 of home values and percentages of foreclosures versus the ...
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Posted by Paula Henry on January 6, 2009 in Market Statistics
Vacation Thoughts of Home
Vacations are made for getting away; a time of refreshment and relaxation. I usually take time away around the Holidays as a time of reflection, also. Looking back on the previous year without a calendar contolling my time gives me fresh eyes ...
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Posted by Paula Henry on January 4, 2009 in Random Thoughts
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! ...
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Posted by Paula Henry on January 4, 2009 in Real Estate News