M.S.WOODS REAL ESTATE BLOG

  Congratulations are in order to Fishers, Indiana for making CNN Money’s list of the “100 Best Places to Live in America” (2010 edition). With its very low crime and booming economy Fishers claimed the #8 spot on this list of America's best small cities. While most residents would likely disagr...

  What stands out most from the Westfield real estate data is the reverse directions of lines representing total listings and total sales, with the latter heading in a negative direction for the first time in 4 months. Maybe this had something to do with the recently expired federal tax credit f...

  The town of Zionsville, Indiana was indeed in the minority in the category of total sales. The total number of homes sold rose 27.3 percent, from 33 in April to 42 in May, 2010. Compared to a total of 49 sales in May of 2009, however, this was a 14.3 percent decrease. Still, this is not bad pe...

  There are two things that really stand out in the above graph: pending sales and close sales, both of which are interrelated. Starting with pending sales, there was a 59.1-percent drop from 22 the previous month to just 9 in May. Compared to May of 2009 this was a 25-percent drop. This signifi...

  Not surprisingly, the total number of pending sales in Greenfield, Indiana dropped significantly in May, 2010. In fact, May’s total of 30 pending sales was exactly half that of the previous month. While this is a large drop it is nevertheless a 7.1-percent increase versus last May’s total of 2...

  The total number of Greenwood homes sold rose 21 percent, from 119 in April to 144 in May, 2010. Compared to 117 closed sales in May of 2009 this was a 23.1-percent increase. By extension, the total months of inventory based on closed sales dropped from 5.8 in April to 4.9 in May. Each 1-perce...

  While there were more homes for sale there were fewer actual sales in Martinsville, Indiana in May, 2010. While this is a good statistical combination if you’re a buyer, it’s probably not such a good one for sellers. The total number of Martinsville homes for sale rose 1.4 percent, from 296 li...

  The total number of Mooresville homes for sale rose 10.5 percent, from 19 in April to 21 in May, 2010. Compared to last May’s total of 158 this was an increase of 7.6 percent. Also on the rise—barely—was the total number of Mooresville homes for sale, from 169 in April to 170 in May. Compared ...

  If you were a real estate professional working in Noblesville in May, 2010 chances are you weren’t entirely thrilled with what happened to your pipeline. That’s because the total number of pending sales—i.e., those things that eventually turn into commission checks, thereby enabling you to sur...

  The Indianapolis real estate market cooled a bit during May, 2010. Considering that every single township in the city experienced a drop in total pending sales, the question is not whether this key stat dropped but by how much. The total number of pending sales city-wide dropped 54.4 percent, ...