House Calls

Central Indiana Home Sales Beat National


You’ve got to be careful if you get your news from a national media outlet.  While January national home sales were the weakest in years, Central Indiana continued on a very strong path.  Pundits blamed rising mortgage rates and low inventory as the reasons for the weaker national sales.  It’s true that rates have been…

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2017 The Year in Review


* Central Indiana sales were up 4% * But new listings were down 1% * Put those two figures together and you get 20% less selection per buyer * And prices up 6.5% By all indications the New Year is off to a rousing start. Houses in good shape and location, and priced to sell…

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Housing posts BIG October!!!


MIBOR just released numbers for October, and sales were BIG— up 11% over last October and running +5% for the past 12 months.  Meanwhile, new listings continue to be flat.  So, add in ultra low mortgage rates, and those factors have combined to push the median average price up 7% to $164,000.  There are 9,066…

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