Indiana Real Estate News Blog

Open Houses – Necessary or a Waste of Time?

These days, homebuyers are tempted to think that open houses are no longer a necessary part of the home selling process. In today's world of 3-D video tours and listings that include every type of information you could possibly want on a home, you might feel like actually seeing the place doesn't really matter that much to potential buyers. This, however, could not be further from the truth. Homes are the biggest purchase that most people make in their entire life. When choosing the place you're going to make your home with your spouse or family, buying sight-unseen happens extremely rarely. Most people want to walk through Indianapolis homes for sale and get a sense of the character of the space as well as how it will feel once they are living in it. Open houses are an excellent opportunity to let potential buyers see the aspects of your home that can't be put into words. You should plan to have as many open houses as it takes to find the right buyer who will pay as much or maybe even more than you're asking for.

Make the Most of Your Open House by Partnering with an Experienced Realtor

Due to the fact that open houses are so important to the financial success of your home sale, you want to find a realtor who can really help you make the most of each of your open house opportunities. Make sure that your realtor has great experience talking to potential buyers and showing them the aspects of your home that really make it stand out. It's also important to make...

Indianapolis Real Estate Market Review

MIBOR released its 2013 Indianapolis housing data today and it shows a very strong month for July 2013 and for the 2nd quarter 2013.  New listings in the area show increase of 15.8 percent ending in July 2013 that is a prior year increase of 4.2 percent from same time in 2012.  Pending sales are also up to a staggering 18.5 percent from the prior year ending in July.  The median sales price in the Indianapolis Real Estate market has increased 7.3 percent to 144900 compared to the previous year.  The report shows that active listings have decreased 11.9 percent from the previous month which again shows that inventory levels are down and right now is a good time to list your home....

Is Now the Time to Sell Your Home?

If you find yourself in a situation where a move might be a good thing for your family, you're probably wondering whether now is the right time to sell your home. It may be that you have a new job that you'd like to move closer to, or you've had another child and your current home simply isn't big enough. Whatever your reason for moving, you can rest assured that the current Indianapolis real estate market is on the mend and now is actually a great time to consider selling your home. Every indicator is pointing toward growth and prosperity in the Indianapolis housing market. According to real estate website Trulia.com, the median sales price of Indianapolis homes between April 13 and June 13 was $124,864. That price point represents a 37.6% increase compared to the previous quarter and a 64.3% increase compared to the previous year. Imagine if your stocks went up that much in a single year! It seems likely that home prices will continue to go up over the next few years, but you never quite know what's going to happen with the housing market, so if you're thinking about selling now, you can feel confident that you're making a wise decision.

Multiple Bids, Higher Asking Prices

Across the nation, people are receiving multiple offers on homes and are frequently selling for their asking price or even a little bit more. With the right realtor on your team, you can assess the current value of your home and have a good chance of selling for...