Recent Posts
Thu, Jul 17, 2008
Recently, Hamilton County has been showered with recognition from the national media as a top notch place live and raise a family. CNN lists Fishers as the #10 best places to live the U.S. and Forbes recently ranked all of Hamilton County as the #1 best places in the entire country to raise a family.
If you live in Indy you already know that Hamilton County offers stellar schools, almost non existent crime, relatively easy commutes, and bargain home prices compared to the rest of the country. In addition, Hamilton County offers one of the most family friendly environments in the entire area and apparently the entire nation according to Forbes.
All of this affects real estate in a big way. It has been proven that homes that are...
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Wed, Jul 16, 2008
If you read this post, you know we are having a foreclosure bus August 2nd in the Indianapolis and surrounding areas. While I am certainly not the first one to come up with this idea, it is the first of its kind in the Indianapolis area. Turns out we were able to generate some interest from the local media. Take a look at the story from Rafael Sanchez on Channel 6 and no, he is not coming after me, he does do regular interviews as well:
What is crazy is the response we got from this story. I have not done any other advertising and within 24 hours of this story the bus is full, even after upgrading to the bigger bus. I am still waiting for a few call backs to confirm and I imagine we will have a few cancellations, so
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Tue, Jul 01, 2008
INDOT and the city of Carmel are very seriously considering making US-31 or Meridian a freeway from I-465 in Carmel to Westfield. An open house last week drew almost 200 attendees to the meeting to hear the proposal and comment on the project. As to be expected, there were opponents and proponents of the project.
The opponents point to cost and lost acreage of woods that currently buffer the highway from neighborhoods. Proponents of the project say the cost and aggravation of the construction will be worth it.
This project is far from a reality but the main idea behind it is to create a freeway with little or no traffic signals from Carmel to Westfield. Another idea that is being kicked around is installing an exit ramp...
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Thu, Jun 26, 2008
Fishers real estate is and will likely remain some of the best selling real estate in the Indianapolis area. The two charts below show what the Fishers real estate market has done as far as number of homes sold and the average selling price YTD for 2008:
# of Fishers Homes Sold
2007
2008
% Change
Jan.
90
65
-28%
Feb.
...
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Fri, Jun 20, 2008
The department of Housing and Urban Development (HUD) has recently announced that they will temporarily changing their policy when it comes to the sale of foreclosed properties.
Many people, public and real estate agents alike, don’t know this but you could not purchase a home with a FHA loan if the property had changed hands in the 90 days prior to your contract date. This has created havoc for people trying to buy foreclosed homes with a FHA secured loan because sometimes the banks take possession and list the property in a matter of weeks. When this does come up, usually way too far into the transaction, it causes buyers to either scramble to find another loan program or cancel the contract and start the home search over.
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