Recent Posts
Mon, Nov 12, 2007
If you found this blog post, you are no doubt concerned about Davis Homes going bankrupt. Read this post, then you must also read the most up to date post about Davis Homes getting homeowers strapped with mechanic's liens.
At this point it is pure rumor and speculation, however, word on the street is that Davis Homes in Indianapolis is going down. Knowing quite a few people in the industry, the consensus seems to be that Davis Homes is struggling and may be headed towards bankruptcy. I have heard a few unverified stories about people writing contracts and not having the home started for months. Supposedly, some of the vendors that deal with Davis homes are on a COD basis and won’t deliver anything until they get...
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1555 Views,
9 Comments.
Sat, Nov 10, 2007
Downtown Fishers could look very different if the new preliminary plans to rebuild the area go through. Fishers Town Council recently gave the go ahead to start the process of rebuilding its downtown area. The project would cost about $100 million dollars but they are basically claiming that it will pay for itself. Weather or not that is true, I don’t know; what I do know is that Fishers downtown is long overdue for something like this. Plus, all the cool kids both locally and nationally are rebuilding their downtowns and Fishers can’t be left out.
Seriously though, the project would cover about 70 acres along 116th street and would require the developer to purchase about 125 homes and businesses to make way for the...
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212 Views,
0 Comments.
Wed, Nov 07, 2007
Well, as promised here are the numbers for Pike Township real estate in Indianapolis. Pike Township did better and worse than the overall Indianapolis market; with the average number of homes sold down 39% and the average selling price down 2.67%. As you can see we have had a decrease in both the number of homes sold and the average selling price for three months straight.
Number of Homes Sold
Average Selling Price
Days on Market
SP/LP
Oct. 2007
...
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217 Views,
1 Comments.
Tue, Nov 06, 2007
While I do think that reporting numbers for something as broad as Indianapolis real estate can be misleading, it does give us a general idea of what is happening in the market and something to compare more local statistics to. I will be following this post up with some more localized reports broken down by township so you can see how you local market is faring compared with Indianapolis as a whole. Here are the numbers for all Indianapolis homes that sold in October 2007 under $500,000:
Number of Homes Sold
Average Selling Price
Days on Market
SP/LP
...
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239 Views,
3 Comments.
Mon, Nov 05, 2007
Although the majority of my leaves have already fallen, the Indianapolis Department of Public Works has started its annual leaf collection. Starting Monday, November 05 through Friday November 30th you can put up to 40 bags to be collected each week. I really feel sorry you if you are putting 40 bags out a week. You can still only put up to 10 bags of regular household trash out to be collected. In order to keep things efficient the DPW asks residents to do the following:
- Place leaves in plastic or paper bags
- Have leaves out by 7am
- Clearly identify the bags of leaves from regular trash. Either put them 3 feet away from regular trash or put them in a different colored trash bag.
The...
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244 Views,
0 Comments.
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