Jim's Blog on Real Estate and Other Issues in Muncie and Delaware Co. IN

On the Golf Course Overview Maps Photos Features Description Neighborhood $114,900 Single Family HomeFor Sale Main Features 2 Bedrooms2 Bathrooms1 UnitInterior: 1524 sqftLot: 0.62 acre(s) Location 100 Lakeview DriveHartford City, IN 47304 Jim Kouns Coldwell Banker Lunsford(765) 289-2228 x 116jkr...

The first quarter of 2010 is now history and some of our real estate market results may be surprising, especially to those who follow the media. In Delaware Co, IN our units sold were up 10.33 % from 2009 and were the highest in the past 3 yrs. Median sale price was up over 9%, and average days o...

We've all been bombarded by the headlines, "Existing Home Sales Skid" (USA Today),"Housing Market Reaches New Low" (AP), "Foreclosures Continue" (Muncie Star Press), "Home Sales Plunge" (AP). Now we're starting to see things going in the other direction, "Home Sales Rise 9.4% Last Month" (AP). Wh...

Real estate practitioners, lenders, consultants, and NAR big shots often comment on the state of the "Housing Market." I put this in quotes because they refer to a supposedly national market. I read just such a post this morning from someone in GA who calls himself The Housing Guru." He was makin...

2009 was a challenging year but there were many bright spots in east central IN. The inventory of homes for sale is lower than it has been in years and interest rates remain in the low-5% range. The inventory of homes over $300,000 has been cut in half with just over a 12 month supply remaining. ...

Looking at my invoice for 2010 dues, I think we should reallocate the $35.00 public awareness charge. Let's keep $30.00 for the public awareness campaign and use the remaining $5.00 to buy everyone at NAR a Christmas gift. The gifts I have in mind are signs for every door and plaques for every de...

At the risk of being trite, here are some of the things for which I'm especially thankful. I'm thankful that I can sit at my computer and write pretty much anything I wish without fear of sensorship or reprisal. The majority of the people of the world do not have the education, the means, or the ...

I was amazed by the number of comments on my Condition, Condition, Condition post. Most of you agreed that condition is very important in today's highly competitive market and I enjoyed reading some of the "war stories." There were a number of comments, however, that can be sumarized as follows. ...

If "Location, Location, Location" are the three most important words in real estate, the three second most important have to be "Condition, Condition, Condition." I was reminded of this again last week when I was working with a relocation buyer and over the course of two days, looked at 25 upscal...

The Muncie-Delaware Co, IN market has been stable through the first 3 quarters with average sale price up slightly and unit sales up about 1%. Looking forward, Pendings are up 46% at the end of Sept. vs a year ago and the DOM of Pendings is falling. I expect to end 2009 with about a 13% increase ...