Virtual Tour for the Week Ending June 27, 2013.

This week saw an increase in home inventory with 24 homes coming on the market, two of which now have offers and only 17 closed sales.  However to get a true reading of what is going on we would have to look at the total number of homes on the market vs. those with pending offers. An assessment of that data shows that there are currently 253 homes listed as active in the 46032 area and 171 with offers waiting to close.

New homes on the market this week:
421 Springwood Drive, 12900 Clay Center Road, 3550 Sedgemoor Circle, 3509 Sedgemoor Circle, 1820 Millford Street, 13836 Coldwater Drive, 10764 Kings Mill Drive, 12550 Pembrooke Circle, 12447 Glendurgan Drive, 1391 N Claridge Way, 318 107th Street, 12192 Teal Lane, 3741 Carwinion Way, 13707 Autumn Lake Overlook, 2272 Moon Shadow Lane, 444 Twin Oaks Drive, 2264 Mood Shadow Lane, 490 Smokey Row Road, 818 Ivy Lane, 14561 Saddleback Drive, 754 Bennett Road and 14035 Sedona Court.  

If  you are interested in having a private showing of any of these homes, please contact me at 317.442.9786.

New to the market with offers:
644 E Main Street and 11559 Woodview Drive.

Properties that closed this week:
934 Deer Lake Drive, 12974 Regent Circle, 10669 Crown Court, 12521 Branford Street, 11397 Royal Circle, 354 Terrents Court, 12826 Shelborne Road, 1367 Hinault Way, 11510 Perkins Street, 590 Burr Oak Drive, 235 Legacy Lane, 2962 Weatherstone Drive, 111 Blairsden Ave, 11213 Arborwood Trail, 330 2nd St SW, 574 Hunters Drive West, and 12517 Timber Creek Drive.

This is the latest market news for this week. Be sure to check back for my latest on the May stats for Hamilton County and don't forget, you can subscribe to this blog to have the latest news delivered to your inbox.

Your Virtual Tour for the Week Ending June 20

Market activity has remained steady this week with 17 new listings, three of which received offers the first week. Be on the look out for my monthly market update for all of Hamilton County coming in the next few days.

New homes on the market this week:
11140 Ditch Road, 13168 Dumbarton Street, 13671 Brookstone Drive, 1192 Angelique Court, 11574 Westbury Place Drive, 689 Edison Way, 12916 Tradd Street, 2141 E 106th Street,  763 Grace Drive, 726 Woodview Drive North, 11542 Applewood Circle, 874 Rosalind Place, 137 9th Street NW, and 944 Rosalind Place.
 
Homes listed that already have offers:
10889 Weston Drive, 1346 Holden Court, and 1371 Holden Court.

Homes that closed on the sale this week:
10450 Windemere Blvd, 2444 Hopwood Drive, 1307 Clay Spring Drive, 13921 Silver Stream Circle, 1446 Clearwater Court, 12824 Clifford Circle, 2030 Hamilton Lane, 12761 Forsyth Street, 840 Bennett Court, 11522 Perkins Street, 425 Autumn Drive, 220 1st Ave SE, 862 Rosalind Place, 11221 Basswood Court, and 582 Hunters Drive West.

As always, if you are interested in more information or to see any of these homes, please contact me for your private viewing.  And did you know that you can subscribe to this blog and have the posts delivered to your inbox each and every time there is new information? Just click the subscribe link at the end of this post.

That's all for this week....see you next time!

Virtual Tour For the Week Ending June 13, 2013

The market just keeps on keeping on!  We continue to see a number of new homes come on the market and go just as quickly.  Here is your virtual tour for the week ending June 13th.

Can we say, the market is hopping???

New homes on the market for the week:
1514 Preston Trail, 653 W 141st Street, 1395 Queens Way, 1905 W Main Street, 2993 Topaz Lane, 10737 Stratton Circle, 9894 Summerlakes, 12511 Glendurgan Drive, 1245 Helford Lane, 321 W. Main Street, 2114 Renegade Court, 3205 Tantara Bend, 13906 Stonemill Circle, 13674 Oliver Lane, 855 S Park Trail Drive, 11512 Blossom Way, 12848 Clifford Circle, 1370 Bentley Way, 787 Grace Drive, 9618 Shelborne Road, and 2994 Weatherstone Drive.

Those new on the market with offers:
10910 Trumbull Circle, 804 Woodview Drive North, 421 Lexington Blvd, 429 Thornberry Drive, 519 E 116th Street, 12029 Leighton Court, 371 Patoka Place, 2884 Brook Vista Drive, 12951 Tuscany Blvd, 2118 Burning Tree Lane, 9748 Sawgrass Court, 13756 Roswell Drive, 10706 Jordan Road, and 10424 Fergus Ave.

Home sales that closed this week:
2119  Finchley Road, 696 Suffolk Lane, 3795 Barnstable Road, 12894 Brighton Circle, 12708 Brandenburg Drive, 12734 Moonseed Drive, 3584 Inverness Blvd, 2896 Brook Vista Drive, 3626 Patriot Court,  544 Village Drive East, 136 Park View Road, 2000 Rhettsbury Street, 3582 Seminole Drive, 2243 Glebe Street, 100 Harmony Road, 593 Burr Oak Drive, 461 American Way South, and 745 Hickory Drive.

What It Take to Compete as a Buyer In today's Market

The real estate market in Central Indiana has settled firmly into seller’s market territory.
 

The newest report from the Metropolitan Indianapolis Board of REALTORS notes the increased activity on the housing market is creating somewhat of a frenzy, with “buyers eager for available properties compet(ing) like they haven’t in years.”

For sellers, this is a great thing.

But for buyers, it might take a bit more effort than in the previous few years to land the home you’re longing for. Here are a few tips to help buyers compete in this seller’s market:

1. Know What You’re Looking For. Determine your needs and your wants in a potential home, all before you’ve even started looking. This way, the moment new homes come on the market, you (and your agent) will know which ones are up for consideration and which ones aren’t worth pursuing, all based on your predetermined parameters.
2. Get Financing Squared Away. Plain and simple: Unless you plan to pay with cash, get preapproved for a loan. Otherwise, you’ll get left in the dust by buyers who have proof that they have the means to purchase the home in question, all while you’re still working to get finances squared away. Money talks; give sellers your word with a loan preapproval.
3. Prepare Yourself For A Bidding War. Be prepared to be outbid by other buyers competing for the same home. You can combat this issue by shopping for homes below your price range; in the case that a bidding war ensues, you’ll be able to up your offer and still stay within your budget. Note that if you’re only shopping for homes at the top of your price range, you’ll need to mentally prepare yourself for disappointment if you can’t keep up with higher offers from competing buyers.
4. Be Prepared To Make Decisions Quickly. In this market, homes change hands in short order. If you’re serious about a particular property, be ready to make decisions regarding purchase quickly. Tarry, and the home will likely get picked up by someone else in no time.

If you or someone you know is planning to buy or put their home on the market, contact me today, so I can get you started on this process.  Homes are moving fast and it's a great time to be a seller. 

Just The Facts!

I've been reporting over the past several weeks about the uptick in the housing market for the 46032 area.  I just wanted to give you some perspective as to how all of this is actually breaking down when we look at the numbers.

I pulled the data and here is what we have. From March 1 this year, 487 homes have closed in the 46032 area compared to 443 for the same period last year.  Median price per square foot was $115 vs. $106 for this period last year and the median Days On Market was 49 vs. 68 for 2012.

Sounds like you need to be IN the market, and not just a by-stander!  Contact me TODAY and let's get it started!

June 7th Virtual Open House

Activity has been brisk in the 46032 area and we continue to see improvement in the housing market.  The next three months should see a frenzy of activity as buyers and sellers work to position themselves where they want to be by the time that school begins and cooler weather arrives.  

With the increase in market activity and increase in prices we have also seen an increase in interest rates.  While they are still at historically low levels we are seeing some increases.  If you're considering buying or selling and haven't jumped into the market yet, what are you waiting for??  Call me TODAY so we can get moving on this before all the good deals are gone!

I would be happy to show any of these homes that were just listed to you: 1764 Halifax Street, 1336 N Claridge Way, 12363 Amethyst Circle, 2513 Sutton Place Drive South, 9761 Colonial Drive, 3790 Lattice Court, 12953 N Fleetwood Drive, 823 Ivy Lane,  13461 Winamac Court, 1363 Bentley Way, 643 Marana Drive, 31 Manchester Court,  600 Melark Drive, 11725 Brockford Court, 10424 Charter Oaks and 550 Hunters Drive West.

New to the market but already under contract are 9726 Innisbrook Blvd, and 10427 Connaught Drive.

Look for new neighbors in these homes: 3261 Whispering Pines Lane, 2365 Steffee Drive, 12732 Brandenburg Drive, 11599 Newbridge Court, 10441 Bosahan Court, 10305 Tammer Drive, 824 N Bennett Road, 10743 Putnam Place, 1786 Harvard Lane, 9732 Innisbrook Blvd,  616 Lexington Blvd, 12475 Carmel Garden, 640 1st Ave NE, 230 5th Street NE and 11720 Brockford Court.  

If you are interested in keeping up to date with the new listings on the market subscribe to my blog and have my posts delivered directly to your inbox.

Interested in listings in the other areas of Carmel?  I can help with that.  Just email me at cbreneman@prudentialindiana.com and tell me what you're looking for and they will be delivered to your inbox each morning. 

How Do These People Sleep At Night?

From time to time we hear of local real estate scams going cropping up. Most of the time they are of the nature of something to do with repairs to homes, especially when summer storms roll through.  More often than not, the victims are unassuming elderly individuals who have been convinced that the services are needed. When I hear of such reports I wonder how these individuals can sleep at night? 

The following alert was sent out by the office of Attorney General Greg Zoeller.  Apparently there have been numerous complaints regarding this.  While this "service" is not illegal it is highly unethical.  

If you ever have questions regarding anything to do with property you own please feel free to contact me.  I am your trusted resource for all matters Real Estate!

"Watch out for mailings offering copies of deeds"

News reports and consumer calls confirm that the “Property Deed Scam” is still hitting

home with Hoosiers.  The mailing is often from a private company, with a government-

like name, offering certified copies of your land deed for an excessive fee – up to $87.

Property deeds are public records and your county recorder can provide you a copy for free or at a nominal cost, often times a $1 per page.  Attorney General Greg Zoeller said that while the property deed service is not necessarily illegal, the solicitation can often mislead consumers into believing they need a copy. Homeowners are not required to have copies even when they sell a property.

Zoeller asks consumers to disregard the mailings and help warn family and friends –

especially senior citizens. If you have any doubts about a mailing offering a government-provided service, contact the entity directly to confirm the solicitation’s

legitimacy. If you have paid for this service, but did not receive your deed copy you can

file a complaint with the Attorney General’s Office by visiting www.IndianaConsumer.com or requesting a complaint form be mailed to you by calling

1.800.382.5516.

Your Virtual Open House for the last week of May

We are now starting to see the number of homes closing each week match the new listings.  These are the homes that were snatched up with the market started to ramp up several weeks ago.  That is great news for the market!  Not so good news if you are looking to buy.  While inventory is still somewhat constrained, there are still good homes out there to choose from.

Here are the new homes to choose from:
3555 Sedgemoor Circle, 1011 W 116th Street, 10345 High Grove Drive, 4217 W 131st Street, 12933 Horbeck Street, 12925 Horbeck Street, 1180 Angelique Court, 231 2nd Avenue NE, 3790 Cole Court, 11809 Harvard Lane, 13703 Thistlewood Drive, 11477 Scheel Lane, 1250 Bentley Way, 812 Bennett Court, 9659 Avenel Court, 993 Orlando, 11899 Salerno Court, and 9742 Jupiter Pass.

Also of interest are 12791 Truman Court, 748 Woodview Drive and 783 Greenford Trail which were listed this past week and received offers.

Congratulations to the new homeowners at 13792 Coldwater Drive, 10525 Trebah Circle, 2276 Glebe Street, 1339 Clay Springs Drive, 3328 Kilkenny Circle, 363 Mallard Court, 2905 S Gadsen Circle, 3329 Kilkenny Circle, 9690 Sunwood Way, 328 Spring Mill Court, 504 Kent Lane, 341 Alden Way, 815 Grace Drive, 325 Alden Way, 2529 Grafton Street, 596 Melark Drive, 10905 Timber Lane, 72 Park View Drive, 105 Belden Drive, 12468 Brookline Street, 1909 W 136th Street, 200 Guilford Road, and 12950 University Crescent.

Please contact me TODAY at 317.442.9786 to schedule your private viewing of any of these homes or for a FREE Market Analysis on your current home.