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Indianapolis Real Estate Blog

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First time home buyer tax credit Fishers and Indianapolis 2010

Friday, February 5th, 2010 at 7:50am. 15 Views, 0 Comments.

I have LOTS to talk about in terms of real estate and homes for sale in the Fishers and Indianapolis area and too little time.   Today, I wanted to touch base on the upcoming expiration of the first time home buyers tax credit.   As you probably know, the current credit now applies to both first time home buyers and existing home owners but you must be under contract by April 30th 2010.  Here are a few good resources with all the details of the program:

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

http://www.irs.gov/newsroom/article/0,,id=204671,00.html

http://www.federalhousingtaxcredit.com/home.html


As we saw with the expiration of the last tax credit buyers are flooding the market and homes are selling quickly,…

Carmel Indiana Real Estate - Year End Report 2009

Friday, January 22nd, 2010 at 6:17am. 70 Views, 0 Comments.


I don’t want to bore my readers to death with yearend reports, but I find them very interesting and a good indicator of how the market is doing. So, today we will look at the Carmel real estate yearend report. First though, I always like to look at the month of December:

  2008 2009 % Change Active N/A 649
Homes Sold 79 87 10% Average Selling Price $361,035 $327,086 -9% Days on Market 79 95 20% Price Per Square Foot $114 $113 -1% Sales Price / List Price 94% 95% 1% …

Indianapolis Real Estate - Year End Report 2009

Wednesday, January 20th, 2010 at 8:21am. 57 Views, 0 Comments.


Let’s take a look and see how the Indianapolis real estate market did in 2009. Before we dive into the yearend numbers let’s see how December turned out:

  2008 2009 % Change Active N/A 6844 Homes Sold 818 768 -6% Average Selling Price $90,113 $103,039 14% Days on Market 95 86 -9% Price Per Square Foot $50 $56 12% Sales Price / List Price 89% 94% 6%

 

Now we can look at the yearend numbers for Indianapolis real estate for some perspective:

Fishers Real Estate - End of Year Report 2009

Monday, January 11th, 2010 at 2:03pm. 80 Views, 0 Comments.


It time to look back at the Fishers real estate market and see how it compared to 2008. First though, let’s take a look at the month of December:

  2008 2009 % Change Active N/A 544
Homes Sold 92 75 -18% Average Selling Price $212,469 $204,072 -4% Days on Market 85 59 -31% Price Per Square Foot $91 $90 -1% Sales Price / List Price 94% 97% 3%


Now for the year end info for Fishers homes:

  Number of Homes Sold
Average…

Fishers Indiana Foreclosures

Monday, December 28th, 2009 at 3:58pm. 137 Views, 0 Comments.

Since everybody is always so interested in Fishers foreclosures and Fishers Indiana short sales, I thought it might be interesting to do a side by side comparison of active, pending, and sold homes in Fishers vs. foreclosures, short sales etc. On the left will be all Fishers homes and on the right will be all homes in Fishers that are distressed (bank owned, short sales, HUD, and VA) and the solds will be from 6/1/2009 to today:

  All Fishers Real Estate Distressed # Active homes 568 73 Average asking price $291,119 $287,381 Asking $/ Sq. Ft. $107 $91 # Pending homes 107 31 # Sold 876 101 Average…

Brooks Chase Fishers | Market Update | Homes For Sale

Thursday, December 24th, 2009 at 7:25am. 120 Views, 0 Comments.

We will take another more in depth look at Brooks Chase in Fishers after the year end to see how one of Fishers most popular subdivisions did in 2009 but for now let’s take a quick snapshot of what is going on:

- There are 19 homes for sale in Brooks Chase right now with an average asking price of $139,958

- There are 7 homes pending with an average price of $129,528

- 42 homes in Brooks Chase have sold this year with an average sales price of $127,727

- The average selling price per square foot was $58

- Average list price to sales price was 98%

- Average days on the market for Brooks Chase was 67

Brooks Chase Fishers is one of the area’s top performing subdivisions because of its location and it affordability. After the first of the year, we will…

Noblesville Real Estate Update November

Tuesday, December 15th, 2009 at 1:42pm. 100 Views, 0 Comments.


Here is the November numbers for the Noblesville Indiana real estate market:

  2008 2009 % Change Active N/A 644
Homes Sold 54 90 67% Average Selling Price $195,713 $161,463 -18% Days on Market 74 72 -3% Price Per Square Foot $86 $80 -7% Sales Price / List Price 95% 97% 2%


Here are the YTD number for Noblesville homes:

  Number of Homes Sold
Average Sales Price             …

Fishers Indiana Market Update - November

Monday, December 14th, 2009 at 3:59pm. 89 Views, 0 Comments.


Here are the number for Fishers IN homes that sold in November 2009:

  2008 2009 % Change Active N/A 593
Homes Sold 73 100 37% Average Selling Price $208,846 $194,448 -7% Days on Market 84 66 -21% Price Per Square Foot $91 $94 3% Sales Price / List Price 96% 97% 1%


As always I like to include YTD numbers for some perspective:

  Number of Homes Sold
Average Sales Price           …

Carmel Real Estate Market Update

Friday, December 11th, 2009 at 11:15am. 81 Views, 0 Comments.


Here is market update for the Carmel Indiana real estate market for November 2009 compared to November 2008:

  2008 2009 % Change Active N/A 680
Homes Sold 65 101 55% Average Selling Price $307,559 $330,595 7% Days on Market 71 92 30% Price Per Square Foot $112 $115 3% Sales Price / List Price 95% 96% 1%

 

For a little perspective, here is a YTD look at the Carmel homes market:

  Number of Homes Sold
Average Sales…

Hansen and Horn Out of Business

Monday, December 7th, 2009 at 7:39am. 302 Views, 0 Comments.

going_out_of_business_425If you have not heard the latest drama for new homes in Indianapolis, Hansen and Horn is officially out of money.  Rumors have been swirling for months now that they were not paying their subcontractors and problems home owners have been having but now it is official.  You can read the Indy Star story here but the gist is they are out of money and going into receivership which means someone else is taking over and going to try to pay off their debts. 


I have to give credit to Paula Henry who runs Hometoindy.com her Indianapolis real estate website and blog for pointing this out, but take a look at this: https://secure.in.gov/sos/bus_service/online_corps/view_details.aspx?guid=19AC7BA0-EE43-473C-8C2C-E3F5749F928A

This is a separate entity…

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