A New Year, a new broker! The Home to Indy Team is excited to announce our affiliation with Sycamore Group Associates in Carmel - Indianapolis. This move was a natural extension of our dedication to client care combined with our commitment to ...
Posted by Paula Henry on January 3, 2012 in Real Estate News
Does Indianapolis Offer the Most Affordable Homes?
The third quarter statistics quoted in a recent article about housing costs and affordability of homes in Indianapolis led me to my own research. I'm not the type of person who takes this information as the final word. I always run my own numbers to ...
Posted by Paula Henry on November 28, 2011 in Real Estate News
How Property Taxes Affect the Purchase of Your Indianapolis Home
Property taxes are generally a huge consideration for homebuyers. In Indianapolis, and the State of Indiana, property taxes are set at 1% of gross assessed value for owner occupied properties. This isn’t the price you pay for the home, it is ...
Posted by Paula Henry on November 4, 2011 in Buyer Resources
5 Tips for first time home buyers in Indianapolis
In the current real estate market, many people are taking advantage of home prices in Indianapolis, coupled with low interest rates to become first time home buyers. When you compare the cost of renting versus buying, it makes perfect sense for many....
Posted by Paula Henry on September 28, 2011 in Buyer Resources
The Home Price Index Shows Home Values Lower Broadly, But Not Specifically
Home values fell again in January, according to the Federal Home Finance Agency's Home Price Index. Values were reported down 0.6 percent, on average.
We say 'on average' because the Home Price Index is a national report.
It doesn't capture the ...
Posted by Paula Henry on March 26, 2010 in Real Estate News
CNNMoney.com Predicts The Best And Worst Real Estate Markets For 2010
CNNMoney.com recently published its 2010 forecast and projections for home prices in the country's largest metro markets. Listed as 'Top 25' and also comprehensively by state, CNNMoney.com's home price forecasts puts Santa Rosa, California at the ...
Posted by Paula Henry on March 23, 2010 in Real Estate News
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
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
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
Banks Raise Mortgage Qualification Standards
Despite the economy's improvement and prodding from Congress, banks don't seem ready to open their purse strings just yet. Nationally, mortgage approval . The data comes from a quarterly survey the Federal Reserve sends to its member banks....
Posted by Paula Henry on November 29, 2009 in Mortgage News and Info
The Home Price Index Shows Home Values Increasing. Case-Shiller Agrees.
It's official -- home prices are no longer in free fall.
According to the Federal Housing Finance Agency, the Home Price Index posted its since 2007 last quarter.
The news was reported Tuesday.
The Home Price Index is an interesting ...
Posted by Paula Henry on November 27, 2009 in Market Statistics
Is Hansen and Horn the Next Casualty of The Indianapolis Real Estate Market
Will Hansen and Horn Home Builders be the next casualty of the Indianpolis real estate market?
The talk on the street indicates it is probable. It was first reported on WishTV.com the Indianapolis home builder was having problems paying bills and is ...
Posted by Paula Henry on November 25, 2009 in Community 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
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
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
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
All Real Estate is Local
Stories on TV about the national real estate market are misleading to Americans. This is because there is no such thing as a 'national real estate market'. Consider the latest American Housing Survey. It found that there are ...
Posted by Paula Henry on September 1, 2008 in Real Estate News
Average Home Price in Indianapolis
Once again, Indianapolis Real Estate has led the nation in most affordable housing for the 12th straight quarter. That’s 3 years of consistently offering the most affordable housing to the residents of Indianapolis. The article at CNN ...
Posted by Paula Henry on August 23, 2008 in Real Estate News