This category currently has 31 blog entries.
Wed, Dec 17, 2008
If you have used our search function lately you may have noticed we did some upgrades to our Indianapolis MLS search and details pages. Our unmatched custom search functions now allow you to search homes for sale in Indianapolis with an unprecedented amount of detail. One of the major things we added to the search page is the “step 6” advanced options. Clicking on this will reveal a whole myriad of options that you may be looking for in your home search.
For example, I can now search in such detail I could easily create the following search: 4 bedroom home in Carmel, walkout basement, 3000+ square feet, at least .5 acres, master bedroom downstairs, cul-de-sac lot, and a neighborhood with a community pool. How cool is that? You...
99 Views, 4 Comments.

I am proud to announce that Rebate Real Estate is offering the area’s first Indianapolis Foreclosure bus tour August 2nd, 2008 at 1PM. We will be taking the first 20 - 25 people who use our registration form to sign up for the bus on Indianapolis’ one and only foreclosure bus tour. The bus tour will include hand picked foreclosures in the Indianapolis area that represent great deals for buyers.
The tour is free and space is limited so Register Now or you will be left out! We have not even officially announced this and we already have several seats taken.
The participants will not only get to view the hand picked 10 – 15 foreclosed homes, but will also have the opportunity to hear the pros and cons of buying a foreclosed home...
331 Views, 0 Comments.

More good news for Indianapolis real estate, check out this link. The article does a comparison of the top 30 real estate markets and projects that Indianapolis real estate will see 2.3% increase in the average sales price by the third quarter of 2008. Compared to Las Vegas right below us on the list that is projected to post a 23% decrease in 2008, a 2.3% increase is like winning the lottery. Will Indianapolis bounce back from the housing slump before the rest of the country? I think so: based on the affordability and Indianapolis’ consistent and stable market I believe we will see a turnaround before the majority of other areas. It only makes sense; we did not see a giant spike in price like other areas of the...
266 Views, 3 Comments.

I hear it all the time…”I really want to move and take advantage of this buyer’s market to get into a bigger and better home but I have a home to sell first and can’t afford to sell it at today’s prices.” This is a problem many many people are facing and I believe a large part as to why the market is stagnate. People want to move up into nicer homes but cannot afford to take a beating on their current home. IMHO, one of the most pragmatic things to do with current Indianapolis real estate market is to either rent your current home or do a lease option with it. If you rent out your current home, you can wait out the current market and then sell it in a couple of years once the market has fully turned around and you can get a...
256 Views, 2 Comments.

If you are under contract with Davis Homes in the Indianapolis area, walk no run away from your contract before it ends up costing you thousands of extra dollars. Davis Homes is getting its new homeowners slapped with liens on their brand new homes that Davis built and failed to pay all of their contractors. I have bogged about some nasty rumors about Davis Homes and also a bone head marketing move regarding their website, but nothing like this. Davis Homes appears to be on the verge on disaster and they are taking unwitting homeowners along with them. I have spoken with several homeowners in the Hamilton County area that have been served with these liens and have court documents to support their claims. The liens that...
4532 Views, 66 Comments.

The Indy Star has put together another cool tool to check the new tax assessment for Marion County. Check it out here. You put in just your street name and nothing else, if you want to compare your assessment with your neighbors.
259 Views, 0 Comments.

If you a Hoosier you already know this unless you have been living under a rock, but the lovely Indiana lawmakers have finally passed some meaningful property tax reform. What they have is essentially what they have been talking about the entire time with Mitch Daniel’s 3-2-1 proposal. Here are the major changes taking place: - This year property taxes will be reduced by an average of 30% due to increased homestead exemptions. - Next year the property taxes will be capped at 1.5% of the assessed value - In 2010 and after taxes will be capped at 1% of the assessed value - Rentals and Farms are capped at 2% and businesses are capped at 3% Of course they have to make up that money somewhere else so the state sales...
327 Views, 2 Comments.

Well after 2 months of development and many hang ups the new Indianapolis MLS search is now unleashed on the website. It has been up for a few weeks and seems to working great. The beautiful thing about this is that it is 100% customizable so if a client wants to see a new feature or a new tool, it can be done. So take a look and let me know what you think. I am always looking for feedback and suggestions to make it better.
263 Views, 1 Comments.