Market News

And just like that…

And just like that, the Seller’s Market has cooled. As I said last week, the days of multiple offers with crazy bidding wars have ended. Inspections are thankfully back! And it’s giving the Buyers some time to breathe and think about one of the largest purchases in their lifetime. ALL GREAT NEWS FOR TODAY’S BUYER.

The average house in the Indianapolis area is now listed at $300K. And the ones listed above are New Builds. We are getting long lists each week from area builders of their inventory – Ready to Move in’s and Soon to be Ready! Also, Good for the Buyer; Builders are throwing in lots of extras to entice you.

If you are ready to jump back in, call me at (317) 325-0655. Inventory is plentiful!

ATTENTION BUYERS: It’s happening ….

Did you know that for the first time in three years, there are as many new listings coming on the market as there were as many price drops!

THIS IS GREAT NEWS FOR CURRENT BUYERS!

This past week, we listed this beauty in Hendricks County, and within four days, it had a very solid offer at asking price. From the Buyer’s perspective, it was close to stress-free as it could be compared to what the market looked like a few months ago. No crazy Bidding Wars. An Offer with an Inspection! And enough TIME to really think about it. Are you thinking what I am thinking??? It was a BUYER’S DREAM!

If you have been holding off on buying due to the housing market, it may be time to start looking again. Call me at (317) 325-0655.

If It Sounds Too Good to Be True, Trust Your Real Estate Agent, Not an iBuyer

When you’re selling your house, MY GOAL is for you to make as much money as you can, as quickly as possible, and with the least amount of interruption to your life. Your goal, too, right??

So when you come across an “iBuyer” company that offers to buy your house for fair market value without putting it on the market and not paying real estate commissions, it can sound super appealing.

The problem is that going that route doesn’t necessarily make you as much money as possible!

The Federal Trade Commission (FTC) has confirmed all of that and more when they took action and imposed a $62 million fine against the online home buying firm Opendoor Labs, Inc., for misleading sellers and “tricking them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process.”

If you are considering this, let me give you my two cents. It can save you a lot of headaches.

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