Real Estate Broker in Indianapolis, IN

Member of National Association of Realtors | Indiana Association of Realtors | Metropolitan Indianapolis Board of Realtors

House Calls

Local Market Bucks National News

2019-01-21

Metropolitan Indianapolis Board of Realtors just released final numbers for the year 2018.  Here’s how home sales fared: Sales bucked the national trend and were positive.  Up 1% over 2017 New listings were slower in December, but still up 3% on the year Prices ended the year up 7% over the previous New Year, with…

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How to Combat Rising Rent Costs

2019-01-18

A recent headline from CNBC’s real estate correspondent, Diane Olick, stated: “Rents are rising at the fastest pace in almost two years.”  And she’s not alone in letting everyone know the rental market is getting more expensive.  A quick Google search brings a flurry of similar headlines.  I’m going to skip what’s causing the recent…

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New FHA Mortgage Limits

2019-01-06

HUD announced in December that FHA mortgage loan limits will increase for all Indiana counties.  In 2018 the loan limits ranged from $294,515-322,000.  Corresponding limits in the new year will run from $314,827-343,850.  FHA mortgage loans are insured by the federal government.  In most cases, they require a minimum cash down payment of 3.5% of…

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