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Residential Real Estate For Buyers and Sellers

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Housing Supply and demand

www.LordRealEstateGroup.com Posted on October 17, 2021 by adminOctober 17, 2021
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Posted in Market Reporting | Leave a reply

Indy Snapshot – September 2021

www.LordRealEstateGroup.com Posted on October 17, 2021 by adminOctober 17, 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 →

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Home Sales Forecast for 2022

www.LordRealEstateGroup.com Posted on October 17, 2021 by adminOctober 17, 2021

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 →

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Indy Snapshot – June 2021

www.LordRealEstateGroup.com Posted on July 9, 2021 by adminJuly 13, 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 →

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Indy Snapshot – May 2021

www.LordRealEstateGroup.com Posted on July 7, 2021 by adminJuly 7, 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 →

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Domino Theory

www.LordRealEstateGroup.com Posted on July 7, 2021 by adminJuly 7, 2021

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 →

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Short Sale Story

www.LordRealEstateGroup.com Posted on July 7, 2021 by adminJuly 7, 2021

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 →

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Things That Will Make Your House More Attractive to Buyers

www.LordRealEstateGroup.com Posted on July 7, 2021 by adminJuly 7, 2021

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 →

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Recent Sales

Highest price ever for a condo in the community
31 offers, one $40,000 over list price. 80 percent of the offers were cash and 78 percent were over list price. Sold in one day.
9 offers, one $23,500 over list price, 47 showing requests, sold in one day
Sold in 8 days, 23 showings and 5 offers
Sold in 10 days for $5,000 over list price
Sold in 13 days
93 showing requests, 15 offers, one offer was $37,500 over list price, sold in 3 days
4 condos in one sale
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