M.S.WOODS REAL ESTATE BLOG

  When the recently expired federal tax credit for new home purchases ripped the heart out of real estate markets in several central Indiana cities many wondered when, or if, a rebound might occur. For many of those markets, the answer was June, 2010. For the Greenfield real estate market, unfort...

  The good news was that sales in Franklin, Indiana were up 2.9 percent. Tempering this news, however, is the fact that “2.9 percent”, in this case, translates into exactly 1 more sale than the previous month. Woohoo!!! Seriously though, any positive movement in this statistical category is good...

  Whereas the number of pending sales dropped 52.3 percent in May, there was a less severe drop of just 17.2 percent in June. Extrapolating from the trajectory of our line graph it’s conceivable that all negative growth will cease in the coming weeks, and possibly turn positive thereafter. Atten...

  The Indianapolis real estate market took a serious blow in May following the expiration of the federal tax credit for new home purchases. Pending sales totals in all townships were sent hurtling downward in what appeared to be the beginning of a new slump, and when the market would recover was...

  An economic development agreement, approved by the Fishers Town Council on March 31, 2010, will allow Butler Automotive Group to build a $19 million auto mall which will accommodate up to 5 auto dealerships and be situated along the west side of State Road 37. According to Butler, the final de...

  The Danville real estate market didn’t look so hot in June, 2010 as evidenced by the 3 fundamental indicators of total sales, total pending sales and total homes for sale. Starting with pending sales, there was a 46.7-perent drop, from 15 in May to just 8 in June. Relative to June of 2009 this...

If you fall into the category of someone who isn’t sure whether now is a good time to buy a home then I have just three words for you: Get out there! With interest rates at historic lows and with a great selection of Indianapolis homes for sale the state of current market is almost the very defi...

Things were not as bad for the Carmel real estate market in June compared to May, when total pending sales shrank by 45 percent. Perhaps still feeling the effects of the recently expired federal tax credit for new home purchases, in June, 2010 total pending sales fell just 10 percent from the pr...

  In one of the most important areas of measurement—total pending sales--the Brownsburg real estate market showed significant improvement in June, 2010. After nose-diving from 81 to 21 the previous month, total pending sales were up 114.3 percent in June, with 45 total pending sales making their...

  You can’t lose two-thirds of your pending sales one month and expect everything to be fine the next month. This was partly true for the Avon real estate market in June, 2010. While total pending sales in Avon, Indiana did rebound from the worst 1-month drop in 15 months, total closed sales wer...