Market Trends

Thinking Outside of the Box

MIBOR released last month’s housing numbers which showed inventory up 13% from the previous month. That’s excellent news as we continue to make dreams come true in this crazy market!

I just put a deal together where the Buyer was afraid to put their house on the market for fear of not finding something suitable.  With inventory at record lows, this was a “very real” situation. We worked together to eliminate some typical sticking points.

Happy to say that everyone is moving forward with Confidence. In times like these, Gotta’ Think Outside The Box to create Win-Win situations!!! Want more details on how this specific deal worked? Email me at Bob@indyschoice.com.

Remember, experience matters in this biz! Your realtor is critical in this process and can help you get creative to get the best property for the best price.  Ready to talk? Call me at 317-625-0655

Local Market Review – April 2021

Housing data released by the MIBOR BLC® comparing April 2020 to April 2021 shows:

  • An increase in Median Sales Price of 13.1 percent to $237,500
  • An increase in Closed Sales of 17.1 percent to 3,033
  • New Listings increase 40.8 percent to 4,025

The market remains RED HOT.  Great to see some new inventory!

Looking for Specifics in your County, Call Me at (317) 625-0655

How to Make Opportunities

This is just what we do…..

A few months back, I get a call from a 93-year old widow telling me, “It’s time.” She needs to downsize from the 3-story house that she has cherished for over 46+ years. You can imagine the stories she told me as I  walked the property (inside and out), giving my two cents on what improvements could/should be done to yield a quick sale as well as sell for the most money.

After hearing me out, she got started on an EXTENSIVE 30-day project remodel. And I mean extensive. The house had some good bones though it needed to be updated to appeal to today’s buyer. The first thing to go was the red shag carpet 😊. All new hardwoods went in with a brand-new kitchen. New appliances, new granite countertops, new lighting features! I think she had second thoughts on moving when it was all said and done. LOL

I am happy to announce the home SOLD within days, and the remodel yielded an additional $30K than anticipated.

Now, not all homes that go on the market need an extensive remodel though you need the right advice on what to do (or not to do) to sell in today’s market. Give me a call or text at 317-625-0655 and let me help!