The Home Price Index Shows Some Regions Up, Some Regions Down
Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December. Thursday, the public-sector Home Price Index showed the same.
Publishing on a 2-month lag, the Federal Home Finance ...
Posted by Paula Henry on February 26, 2010 in Market Statistics
Indianapolis Listed in the Top 10 Housing Markets
Indianapolis Real Estate seems to always be making the news. Through the bad times and the good times, we are nationally known. When we ranked in the top ten for foreclosures, the nation knew.
We are known as having the most affordable ...
Posted by Paula Henry on February 25, 2010 in Real Estate News
Housing Starts Soar To 6-Month High In January... Or Do They?
Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high. A “Housing ...
Posted by Paula Henry on February 19, 2010 in Market Statistics
Country Club Place Home for Sale
SOLD!! You want a home with style, space and ready to move into; look no further! This beautiful 2 story traditional home with basement offers you all this and more.
4 large bedrooms with great closet space
Formal living and ...
Posted by Paula Henry on February 15, 2010 in Homes for Sale | Listings
Eagledale Home - 3132 Voigt Dr
Newly remodeled and updated home for sale in Eagledale in Indianapolis. Perfect first home priced at only $69,700. Home sits on a wooded fenced lot overlooking the creek.
Features include new kitchen, laminate flooring, remodeled bathroom, ...
Posted by Paula Henry on February 14, 2010 in Homes for Sale | Listings
The Severity Of The Foreclosure Crisis Depends On Where You Live
Foreclosures stories dominate the national housing news. It seems at least one foreclosure-related story makes its way to the front page or the nightly news every week. But for as much as the foreclosure filing statistics can be astounding -- over ...
Posted by Paula Henry on February 14, 2010 in Real Estate News
Mortgage Approvals Are Getting More And More Scarce
The economy's improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening. The data comes from the Federal Reserve's quarterly survey to its member banks....
Posted by Paula Henry on February 13, 2010 in Mortgage News and Info
Indianapolis Real Estate Market Update 2008-2009
Comparing the Indianapolis real estate market from 2008 - 2009 indicates signs of recovery on the horizon. As we track the number of home sales, the first half of 2009 was well below the number of sales of 2008.
In July, the sales equaled 2009 and ...
Posted by Paula Henry on February 12, 2010 in Market Statistics
Separating FHA Fact From Fiction : Mortgage Insurance Premiums
The mortgage lending landscape changes a lot. Rates and guidelines are in constant flux, and it creates preparedness challenges for buyers in Indianapolis that aren't paying in cash.
The loan you get today won't always be the loan you ...
Posted by Paula Henry on February 10, 2010 in Mortgage News and Info
7 Ways To Protect Your Credit Score For Better Mortgage Rates
As mortgage lenders tighten approval standards in Indiana and nationwide, the importance of a good credit score is rising. Credit scores not only make the difference between a mortgage approval and mortgage turn-down, but they also ...
Posted by Paula Henry on February 5, 2010 in Mortgage News and Info
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
First Time Home Buyers Down Payment Assistance
INDIANA HOUSING DOWN PAYMENT ASSISTANCE PROGRAM
If you are a first time home buyer in Indianapolis, you should know your financing options. The Indiana Housing Program for first time home buyers who are creditworthy, but may not have the initial ...
Posted by Paula Henry on February 3, 2010 in Mortgage News and Info
Simple Real Estate Definitions : Short Sale
A 'Short Sale' is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff.
By way of example, a Short Sale may be appropriate for ...
Posted by Paula Henry on February 2, 2010 in Real Estate Terms