The Appraisal Gap
It happens from time to time. The home appraisal comes in LOW 📉😱 With how quickly this market is appreciating, comparable sales can be lagging, which causes what we call an “appraisal gap.” What can you do in … Continue reading →
Housing Supply and demand
Indy Snapshot – September 2021
The housing market is one of the largest and most important sectors of the U.S. economy. To understand the trends within the market one must analyze activity both month-over-month and year-over-year. In this Market Insights Report, MIBOR REALTOR® Association (MIBOR) … Continue reading →
Home Sales Forecast for 2022
In May 2021, 5.8 million existing single-family homes were sold in the U.S. That’s a 45% increase over the 4 million homes sold in May 2020! 😮 But thanks to rising prices and a shortage of available properties, May … Continue reading →
Indy Snapshot – June 2021
Here is what MIBOR (Metropolitan Indianapolis Board of Realtors) has to say; After analysis of the June 2021 data, this is what our experts are saying: “In June we saw an increase in month-over-month active listings, however with only 2,018 … Continue reading →
Indy Snapshot – May 2021
Here is what MIBOR (Metropolitan Indianapolis Board of Realtors) has to say; After analysis of the May 2021 data, this is what our experts are saying: “Despite this tight market, the Indianapolis region saw a gain in closed sales by … Continue reading →
Domino Theory
In the real estate business, we occasionally run across a situation where a seller needs to sell their house and get the profits from it before they can buy a new house. In a perfect world, a Realtor can set … Continue reading →
Short Sale Story
Recently I had a listing that was a short sale. A short sale is where the market value of the house is lower than what is owed to the lender on the mortgage. The owner contacts the lender and asks … Continue reading →
Things That Will Make Your House More Attractive to Buyers
1. Curb appeal – This is the first impression. A well-manicured yard with no overgrown bushes or trees makes it look like the seller really cares for their property. Make sure the gutters are not clogged and overflowing with leaves. … Continue reading →