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monroe county housing statistics: Monroe County Homeowners Taking Advantage of Government Stimulus - 03/25/09 04:59 AM
Federal credit market stimulus is clearly evident when examining mortgage recordings in Monroe County in the first two months of 2009. What is also apparent are those parts of the market that are not benefiting from any government action.
The 729 total mortgages securing loans between $50,000 and $500,000 are the most in this dollar range in the first two months of any of the last seven years. Mortgages in this range tend to be overwhelmingly residential first mortgages. I believe that this increased activity is indicative of the fact that Monroe County homeowners are taking advantage of the lower interest … (2 comments)

monroe county housing statistics: Monroe County Indiana Market Statistics for 2008 - 01/30/09 06:11 AM
We just distributed our 2008 year-end Monroe County Statistical Package to our clients. Monroe County, although not immune to the effects of national mortgage and home price ills, fared well in 2008 all things considered.
The total number of recorded deeds representing a sale transaction fell to 2178 - a drop of 22.5 percent from 2007, which may seem bad but is much better than most markets in Indiana and around the country. This is the fifth year in a row that sales transactions declined. (I'm hoping to live long enough to once again face the challenges of managing in an improving market.)
(4 comments)

 

John Bethell

Bloomington, IN

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John Bethell Title Company, Inc.

Address: 329 South Walnut Street, Bloomington, IN, 47401

Office Phone: (812) 339-8434

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