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home selling: Valparaiso and Porter County Single Family Home Market Report for July 2010 - 08/12/10 10:29 AM
The July reports from the Greater Northwest Indiana Association of REALTORs (GNIAR) MLS are in and mixed results are evident. The end of the homebuyer tax credit seems to have had a negative effect on median home sales that had before seen extremely high volume of sales.  Good news is seen in months supply of inventory above median categories of $200K-$500K, where sales decreased inventories.  Homes under $100K still remain the hottest with only 4.4 months-supply.  
Luxury home sales continue to struggle in the region, where high supply and low demand has kept inventories at high levels. With historically low interest rates, and an improving consumer … (0 comments)

home selling: Valparaiso, Indiana Home Market Nearly "Balanced" Under $200,000 - 07/06/10 07:06 PM
The market for homes in the Northwest Indiana town of Valparaiso is showing signs of balance at some prices.  Based on the single family stats thru June 2010 on the GNIAR MLS, and based on inventory as of July 6, the months supply of inventory under $100,000 is just 4.4 months, and from $100,000 to $200,000 the range in months supply falls between 7.0 and 7.6 months.  A truly balanced market, where supply and demand is most equal is 6 months supply of inventory. 
For the year long period ending June 30, 2010, single family house sales in Valpo were at 844 units … (0 comments)

home selling: Porter County Home Buyer and Home Seller Seminar in Valparaiso, Indiana on December 10 - 12/04/09 09:47 AM
Keller Williams Realty agents Matt Evans and Kimberly Genovese, along with Jeff Svantner of Sistar Mortgage are hosting a home buyer and home seller seminar. The professionals will cover some of the industry's hottest topics, including the new $6,500 home seller credit, the renewed $8,000 home buyer credit, and how to get the most money selling your home in today's market. They also plan to discuss various loan options for homebuyers, the challenges and opportunity of buying distressed properties, and will offer current market data on home values in Porter County.
The "Buy Low, Sell High, and Cash-In" Real Estate Seminar … (0 comments)

home selling: Northwest Indiana Year-to-Date Home Sale Trends - 11/22/09 11:21 AM
The year-to-date home sales data in Northwest Indiana reflect some stability in the market.   
According to the reports generated from the GNIAR MLS and Rappatoni system thru October 12, 2009, Porter County and Valparaiso home sales are both holding firm at the median house price levels. While Valparaiso's median house price dropped slightly from $187,000 to $183,700 from 2008 to 2009, Porter County's median price was statistically unchanged at $168,000. 
Sellers still need to show patience with the selling process and price right from the start, as Days on the Market are going up in all price ranges.  The number of single family detached home … (0 comments)