Recent Posts
Tue, Feb 12, 2008Brookshire Golf Club Can Sell Alcohol by Mike Taylor
A special council for the Carmel Redevelopment Commission decided that it can use its liquor license to sell wine, beer, and liquor at the Brookshire Golf Club. The Redevelopment Commission received the license after buying the golf course for $2.6 million in December of 2006. Weather or not this was a good move or a bad move on the city’s part is debatable, but at least they are moving in the right direction.
This should hopefully spark some new interest in the golf course which has fallen into disrepair. While the city tries to figure out what to do and how much to spend, this is a good move. Golf courses that don’t serve alcohol loose their allure for casual golfers. Who goes golfing and doesn’t enjoy a nice cold beer on a...
207 Views, 1 Comments.
Fri, Feb 01, 2008
Davis Homes Indianapolis Website by Mike Taylor
If are looking for information on Davis Homes, your really need to read this blog post about mechanic's liens.
I just went to Davis homes website and they now require you to log in to just see the home page. Who made that decision? This is either just a really bad decision or an act of desperation to capture more email addresses. People who are searching the internet are reluctant to give their personal information unless you show them some value first. Requiring a log-in just to view the home page is a terrible blunder IMHO. I think I will beef up my own Davis Homes Indianapolis page next week so I can capture some of their frustrated buyers who don’t want to log-in just to see a home page. That way when people see my...
847 Views, 8 Comments.
Thu, Jan 24, 2008
Indianapolis New Home Permits Down 23%!!! by Mike Taylor
New home permits were down 23% in 2007 in the greater Indianapolis area!!! Believe it or not this GREAT news for the general Indianapolis real estate market. It means Indianapolis new home builders have started coming to their senses and building homes at much more reasonable and sustainable level. It is my belief that new home builders are major reason we are where are today in the housing market.
Overbuilding, keeping too many spec homes, then slashing prices to get from under them has only served to help usher in the housing slump we are seeing. This downturn in permits represents hope for us and will with any luck they will emerge as much more sane and healthy new home industry.
Below is a table from the Builder...
339 Views, 0 Comments.
Thu, Jan 24, 2008
How Indianapolis Mortgage Rates are Affect by the ... by Mike Taylor
In short...there not.
I am sure most of you have heard about the Fed recently cutting interest rates drastically. What many don’t understand is that the Fed rate does not have a direct correlation to mortgage rates. It is quite complicated actually, but the mortgage rates are more affected by bonds and speculation about inflation more than anything else. Here is a good article that over simplifies it a bit but explains it in a pretty clear manner.
Despite the lack of cause and effect from the Fed’s rate cut, mortgage rates are still very very low right now. Couple this with high inventory and now represents a great time to buy some Indianapolis real estate. While the much of the rest of the country will still be dealing...
288 Views, 0 Comments.
Tue, Jan 22, 2008
Indianapolis Real Estate Statistics December 2007 by Mike Taylor
Here is a quick breakdown of the major cities around Indianapolis fared for the month of December versus the same time last year:
# of Homes Sold Average Sales Price 2006 2007 % Change 2006 2007 % Change Avon Real Estate ...
256 Views, 0 Comments.
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