home selling: Inventory Free-Fall Continues in Hendricks County
- 08/12/16 02:46 AM
Inventory Free-Fall Continues in Hendricks County I've compiled data on the number of active existing homes for sale in the six Hendricks County school districts that show an increasing lack of inventory from which home buyers can choose. The numbers are pretty startling. Take a look at this graph:
Across the school districts, the number of homes for sale has fallen an average of 59% since 2006, and over 26% since just August of last year. Here's the kicker - In this same period, average sale price has increased twenty percent since 2006 - this includes the housing bubble years (and its popping). And get this: in … (2 comments)
Sure, it can be a hassle to have an inspection done before you put your house up for sale, but the plusses can certainly out-weigh the minuses as it relates to the marketability of your house, and as you are negotiating a sale with your home buyer. There was an article that appeared years ago in The Indianapolis Star which explained this very nicely. I was fortunate enough to get the author's approval to reprint it.
The full article can be found on my website, here.
… (0 comments)
home selling: Real Estate Agents Fail Home Sellers Over Carrying Cost
- 01/29/13 10:53 PM
Real Estate Agents Fail Home Sellers Over Carrying Cost. Where do I even begin here? Real estate agents say they’re all about doing right by their seller clients, but far too many times they are only setting them up to fail. This isn’t about marketing style or convincing a seller that an agent or her company is the biggest and the best. Home sellers, this is about your money. On the selfish side, a lot of agents will say anything to secure a listing from a home seller. From showering them with nothing but compliments about their home to giving them … (75 comments)
home selling: The Housing Bubble Pops in Central Indiana
- 01/25/13 07:53 AM
The housing bubble pops in Central Indiana. How devastating was it? Housing, in “normal” times, wants to appreciate at around 3% per year. It might deviate above or below that, but in the long run, that’s what one should expect. Most economists will say that the bubble started sometime in the second half of 2002. That’s about right. The economy had just come out of a recession caused by the technology stock bubble of the late 1990′s. Here is a bit about it from a great book, Crash Boom!, by OwnAmerica founder, Greg Rand: You might expect that financial disaster to have … (1 comments)
Inventory Free-Fall Continues in Hendricks County
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