Real Estate Broker in Indianapolis, IN
Member of National Association of Realtors | Indiana Association of Realtors | Metropolitan Indianapolis Board of Realtors
2017 The Year in Review
* Central Indiana sales were up 4% * But new listings were down 1% * Put those two figures together and you get 20% less selection per buyer * And prices up 6.5% By all indications the New Year is off to a rousing start. Houses in good shape and location, and priced to sell…Read more »
Housing posts BIG October!!!
MIBOR just released numbers for October, and sales were BIG— up 11% over last October and running +5% for the past 12 months. Meanwhile, new listings continue to be flat. So, add in ultra low mortgage rates, and those factors have combined to push the median average price up 7% to $164,000. There are 9,066…Read more »
Homes Are Shrinking In The US
Bloomberg reports that for the first time in over three decades the size o1000x-1f the average new built home is shrinking. After climbing by half for three decades the square footage of the average house topped out at 2520 square feet in 2015. Through June of this year, the national average has been but 2420.…Read more »