real estate: The Smart Sellers Are Not Waiting Until Spring
- 02/12/15 01:22 AM
The total inventory of homes available for sale fell for the first time in 16 months. The months supply is already low at 4.4 months. More inventories are needed, not less. Or else, home prices could re-accelerate...Lawrence Yun, NAR's Chief Economist
We need more people that are in homes right now, to get their homes on the market, to move up to their dream home.
Since 2008, homeowners have been staying in the same home for an average of 10 years, instead of the normal average of 6 years that we saw for many years. This was (4 comments)
real estate: Sign A Lease Or A Contract To Buy?
- 01/11/15 04:59 AM
Rents have soared by the fastest pace in six years and the supply of rental housing remains constrained. Could 2015 be the tipping point, pushing more renters to home ownership? Young Americans may prefer the flexibility of renting, however with the current price of renting, home ownership is becoming more enticing, financially. Fannie Mae and Freddie Mac recently announced new low-down payment loans, mortgage rates are still very attractive, and renting is just more expensive than owning in many markets. One of the biggest barriers to home ownership today is that renters are paying so much to their landlords, (2 comments)
real estate: 2014's Most Expensive Homes SOLD In Tippecanoe County
- 01/04/15 07:35 AM
The most expensive home SOLD in 2014.... Located in Kingswood Estates and Tippecanoe School Corp. (Wabash Township) This 7 year old luxury home features 7,560 sq. ft. of finished living space on 1.30 acres, 7 bedrooms, 5 full baths, 2 half baths, finished basement, and a 3 car attached garage. It SOLD in December for $731,000, was originally listed for $789,900, was on the market for 158 days before going pending.
Located in Scandia S/D and Tippecanoe School Corp. (Wea Township) This 9 year old luxury home features 5,348 sq. ft. of finished living space (0 comments)
real estate: 4 Most Expensive Homes SOLD In Tippecanoe County In November 2014
- 12/12/14 10:34 PM
Located in Julius Spring S/D and William Henry Harrison School Corp. (Fairfield Township) This 7 year old custom designed luxury home features 5,200 sq. ft. of finished living space on 10 acres, 4 bedrooms, 3 full baths, 1 half bath, finished walkout basement, and an attached 5 car garage. It SOLD for $660,000, was originally listed for $699,900, and was on the market for only 53 days before going pending.
Located in Harrison Highlands S/D and (1 comments)
real estate: 4 Most Expensive Homes SOLD In Howard County In November 2014
- 12/09/14 05:17 AM
Located in Rural Howard County and Western School District (Harrison Township) This 14 year old luxury home features 5,877 sq. ft. of finished living space on 7.77 acres, 5 bedrooms, 6 full baths, 2 half baths, finished walkout basement, and a large attached garage. It SOLD for $549,900, was originally listed for $549,900, and was on the market for only 3 days before going pending.
Located in Walnut Estates and Western School Corporation (Harrison Township) This 9 year stand alone condo features 3,710 sq. ft. of finished living space on .23 acres, 3 (1 comments)
real estate: The Skinny On FHA Loans
- 11/25/14 08:27 PM
The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes and has insured tens of millions of properties since it was created in 1934. It’s important to note that the Federal Housing Administration does not issue the home loan – this is done by your mortgage lender. However, if you default or stop making your mortgage payments, your home loan lender receives financial recourse from the FHA, therefore reducing the lenders' risk and making them more willing to loan money, while also keeping borrowers' costs down. (0 comments)
Located in Arbor Chase S/D and Tippecanoe School District (Wabash Township) This 2 year old luxury smart home features 8,400 sq. ft. of finished living space on .70 acres, 6 bedrooms, 7 full baths, 1 half bath, theater room, sunroom, full finished basement, and a 3 car attached garage. It SOLD for $649,000, was originally listed for $849,000, was on the market for 85 days before going pending.
Located in Farmstead S/D and Tippecanoe School District (Wabash Township) This 11 year old home features 3,138 sq. ft. of finished (0 comments)
Located in Bicycle Bluffs and Delphi School District (Tippecanoe Township) This 21 year old home features 2,038 sq. ft. of finished living space on 1.20 acres, 4 bedrooms, 2 full baths, 1 half bath, and a 2 car attached garage. All very nicely updated. It SOLD for $183,000, was originally listed for $185,000, and was on the market for 6 days before going pending.
Located in Monticellos Bridgeview Subdivision (HOA) and Twin Lakes School District (Jefferson Township) This 1 year old home features 1,504 sq. ft. of finished living space on .29 acres, (0 comments)
real estate: Risky Business
- 10/14/14 04:32 AM
It's a truth widely accepted that being an entrepreneur is hard work. Work, though, that they are willing to do, to get to where they desire to be later in their lives. As entrepreneur Lori Greiner stated, "Entrepreneurs are willing to work 80 hours a week to avoid 40 hours a week of working for someone else." The working for someone else part, only gets you so far in life. The hours you put in, the ideas you come up with on your job, and the promotions you get... they benefit most the person you work for. No matter what you (1 comments)
real estate: The 4 Most Expensive Homes Sold In Tippecanoe County In September
- 10/14/14 03:04 AM
Located in West Lafayette and William Henry Harrison School District (Tippecanoe Township) This 11 year old home features 4300 sq. ft. of living space on over 10 acres, 5 bedrooms, 3 full baths, 1 half bath, full finished basement, and a 3 car attached garage. It SOLD for $495,000, was originally listed for $599,000, and was on the market for 123 days before going pending.
Located in West Lafayettes Arbor Chase Subdivision and William Henry Harrison School District (Wabash Township)
This 2 year old home features 4460 sq. ft. of living space on almost half (0 comments)
This 52 year old residential bed and breakfast features a total of 10 bedrooms, 9.5 baths, 6 fireplaces, and a 4 season solarium all on 9.2 acres. It SOLD for $435,000, but was originally listed for $599,900.
Located in Timber Valley Subdivision and Western School District (Harrison Township)
This 22 year old home features 4 bedrooms, 2 full baths, 2 half baths, 3 car attached garage and over 4,800 sq. ft. It SOLD for $363,300, was originally listed for $389,400, and was on (5 comments)