Indianapolis Real Estate - Indianapolis Homes

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Wed, Jun 17, 2009

Carmel Indiana Real Estate - Market Report May 200... by Mike Taylor

Here is a look at the Carmel real estate market report for the month of May for 2008 vs. 2009:

2008 2009 % Change Active N/A 7469 Homes Sold 133 95 -29% Average Selling Price $330,225 ...

590 Views, 0 Comments.

Wed, Jun 17, 2009

Indianapolis Real Estate - Market Report - May 200... by Mike Taylor

Here is a look at the Indianapolis real estate market report for the month of May for 2008 vs. 2009:

2008 2009 % Change Active N/A 7469 Homes Sold 1157 871 -25% Average Selling Price $113,581 $111,850 -2% Days on Market 88 97 10% Price Per Square Foot $65 $64 -2%

This is the worst month so far this year as far as the number of homes sold in Indianapolis, but the best month this year as far as the average sales price as compared to last year. Here are the YTD...

285 Views, 0 Comments.

Thu, Jan 22, 2009

Fishers Becoming a City? by Mike Taylor

Residents for the town of Fishers Indiana have been discussing the option of become a city once again. The idea of becoming a city gained momentum back in 1998 when a ballot referendum was ultimately voted against that would have made Fishers a city.

Since 1998, the population of Fishers has ballooned and forecasts call for even more explosive growth. With the increase in population, the interest and support of becoming a city has also increased. A political action committee with the objective of making Fishers into a city, City Yes, is actively seeking signatures for their petition. They currently have about ½ of the needed signatures needed to hold a special election to decide if the state’s 8th largest community should become...

1688 Views, 8 Comments.

Wed, Dec 17, 2008

Upgrades To Our Indianapolis MLS Search by Mike Taylor

If you have used our search function lately you may have noticed we did some upgrades to our Indianapolis MLS search and details pages. Our unmatched custom search functions now allow you to search homes for sale in Indianapolis with an unprecedented amount of detail. One of the major things we added to the search page is the “step 6” advanced options. Clicking on this will reveal a whole myriad of options that you may be looking for in your home search.

For example, I can now search in such detail I could easily create the following search: 4 bedroom home in Carmel, walkout basement, 3000+ square feet, at least .5 acres, master bedroom downstairs, cul-de-sac lot, and a neighborhood with a community pool. How cool is that? You...

1966 Views, 13 Comments.

Wed, Dec 03, 2008

BIG Rate Drop by Eric McMillan

For all of you who may be sitting on the fence about buying or refinancing a home, now may be the time to jump. Last week, the Fed announced they will insure trillions of dollars of mortgages created by Fannie Mae and Freddie Mac. Investors absolutely loved this news and there was a huge rush to buy Mortgage Backed Securities (MBS). The more money invested in MBS, the higher the yield for the banks. The higher the yields, the lower interest rates get. As a result of all of this, rates dropped down to 5.5% on a 30 year Conventional or FHA loan. We have lost a bit of steam the first part of this week, but rates are still at a historically low 5.75%. If you have followed mortgage rates over the past several months, you have noticed...

847 Views, 8 Comments.

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