I ran into two real estate professionals this morning (from Team Tezak) , and inevitably our conversation moved to the state of the real estate industry in northwest indiana. The comment though that jumped out at me was "I just heard the tax credit is going to be extended."
No, it's not law yet, still to be voted by the Senate and then the House and must be signed into law by the President. Looks like an extension until the end of June 2010 for closings, End of April for purchase agreements of the $8,000 and a new credit of $6,500 for people who buy a home and have owned their home for more than 5 years.
In my estimation, all good thoughts, if this credit costs the country $10 Billion it will probably create more jobs than the entire ill-fated and ill-advised stimulus bill and continue to build on the real estate value momentum we're already seeing in NW Indiana.
It seems like every day we are working to get that really great interest rate for a customer, only to find that they are paying way too much on their homeowners insurance. I'm working with a new website called Northwest Indiana Insurance Quotes, which will work to get our customers and thousands more in the region better rates and save them money.
If you are a homebuyer or homeowner looking to finance your home, check out this handy site and let them do the legwork to help you lower your rates.
If you are a Northwest Indiana Real Estate Professional, you may find this a very handy resource as well.
For the first time in quite a while a new housing project will go to the Porter County Commissioners for review. Grand Oaks will feature upwards of 400 homes and lots of green space. This will also be a test of Commissioner Bob Harpers supposed focus on green-friendly development.
Our team is excited about the Real Estate recovery in Northwest Indiana, real estate professionals and mortgage lenders are reporting good statistics every week. Call us today for a pre-qualification as you head out to look for your home. 219-762-7200
I write on this blog about Northwest Indiana Real Estate and Mortgages, that's my own personal industry and profession. But today a quick set of links to a friend and associate with an opportunity in Colorado.
Often the first thought of a vacation in Colorado immediately brings up skiing, and for sure that's a great option at this Steamboat Springs Vacation Condominium. But as I can attest from having visited Jackson Hole Wyoming a few summers back, a su
My biggest complaint is the almost non-existence of Realtors on the list. I'll be frank, some of you live in communities with real estate professionals who really work social media hard. So far, northwest indiana has a bunch of real estate professionals that may have signed up for a site, but don't use them and don't engage.
Jeff and Grace Safrin are the exception to this of course, they get it. A few mortgage people get it, but all in all our industry too is under-represented by actual social types ... and more often than not people who joined because someone told them they needed a profile.
One perfect example, is that in the Top Ten Active Rain members in Porter County, only three are RE agents. Now what in the world does that tell you? Sorry to be negative, but it's time for real estate professionals to step it up in the Region.
Let's be honest, this was a real question submitted by a reader, but they knew my thoughts on the matter. YES, there has never been a better time to purchase a home in Northwest Indiana. Real estate values have completed a small correction over the last two years, and are actually leveled or even increasing in some areas.
I wrote that post a couple hours ago on my personal outside blog, Northwest Indiana Mortgages and Real Estate, and now the Case Schiller Home Price Index is released substantiating the same:
Report shows home prices in metro markets were down 18.1% last year, which was a reduction in the slide of values, and an indicator of recovery and leveling off. GOOD NEWS!
A few years back I was a lot more active here on Active Rain, working with some great real estate professionals and learning every step of the way. Thanks to all of you who have been true friends. I am spending most of my time on mortgage lending these days, although still building a home once in a while. Here is a list of links to my mortgage sites, most still in fledling stage but I'd like to do your loan.
During the last campaign cycle Indiana politicians were seen to be using a little bit of social media, a blog here and there, and I think a few of them even played around with twitter. Over the last month I've noticed that a few more have migrated to twitter, so I went on a hunt this morning for twitter profiles for politicians. If you have more that I've missed, please submit in comments and I'll update.
I'll do a separate post on party officials on twitter, yes both parties.
Alright Indiana tweeps, I'm sure I am missing some, or maybe this post will get some of the existing political crop to at least hold their own names so squatters don't grab them.
Many politicians start out assigning their social media work to a staffer, and although this may work on facebook and blogs, twitter really demands a little bit of personality. Staffer generated tweets are pretty quickly dismissed as broadcast media and not worth engaging. A word of recommendation, if you are an elected official at any level in Indiana and see the potential to engage your constituents on twitter, do so yourself. Even one personal tweet a day and you'll be amazed the following.
You may think you're busy, but last I checked Newt Gingrich and Karl Rove are both personally tweeting from their blackberries, you aren't more busy than they are.
Here's what I found today, I'll keep comments to a minimum so you can read quickly:
School Closings due to extreme cold weather - one editorial suggesting the schools are waiting too long to let people know, we all knew it would be 2 below this morning and Valpo Schools waited till 5 a.m. to decide. Kudos to Portage and Chesterton for calling it early.
Sorry if the whole list is too busy to read, leave links to great news and posts related to NW Indiana in the comments section too. We welcome the extra input.
I'll be the first to admit I was a bit ticked when I tried to read the ranking and found that I needed a subscription, just seemed "old world" paradigm to me. I've tried to interact with Howey a couple times, but he seems to favor a few of you guys in Indy over hyper local reporting from the Region. When we posted a series of three articles on the Gary Distressed Unit Board filing, with a writer in the room posting live, he seemed to find the Indy Star reporting 24 hours later better.
Now, what the scoop on this article by Advance Indiana and peppering Howey with ridicule for his Power 50 list? I'm sure there's a back story, love to hear it. How about a Hoosier Access poll on most influential people in Indiana Josh? My nominations: Mitch Daniels, Pat Bauer, Pete Visclosky, Mike Pence, G'wood Mayor Henderson for huge annex grab, Chair of Distressed Unit Board Kitchel, CEO of Mittal Steel, Todd Rokita (where's he going next?) ... Just thinking out loud.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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