Selling

Thank you 2019 and Hello 2020

As with each New Year, it is important to take a moment to reflect on the previous year. For Indy’s Choice, 2019 was a fantastic year, one of our very best. As I am sure many are saying, the year flew by; how can it be 2020 already?

By the numbers below, we were super busy all year long, and for that, we are incredibly grateful. What I am most thankful for is our repeat clients. It means a lot to me because it shows that we did our job “well,” and we have become their trusted advisors in this crazy business that I absolutely love. So again, thank you for such a wonderful 2019, and we look forward to serving you in 2020. Don’t be a stranger!

Housing Data for Indiana Counties Just Released! 2020 is looking bright

Housing data was just released by the MIBOR BLC® listing service, which provides a market analysis of the 16 central Indiana counties. It compares November 2018 to November 2019.

  • Increase in Median Sales Price of 4.6 percent to $187,250
  • Decrease in Closed Sales of 4.5 percent to 2,592
  • New Listings decreased 3.8 percent to 2,443

If you want to see what is happening in your particular IN county, let me know. For example, Marion County saw an increase of 7.3% YTD in Median Sales Prices.  That’s great news for our Sellers! Is 2020 the year to begin a new adventure?? Click here to find out what your home is worth.

How Do You Purchase a House in a Seller’s Market

It’s no doubt a Seller’s Market here in the Indianapolis area.  And has been for the last couple of years.

What does this exactly mean? Well, the Home Supply is low, and there is not enough inventory to meet Buyer Demand.

How do we know this?

 

 

 

 

 

 

What does this actually mean for you, the buyer?

  • You’ll face stiff competition
  • You might need to offer more than asking price
  • You may need to make concessions or waive contingencies
  • You’ll have fewer homes to choose from
  • It could take a while to buy a home
  • You may be outbid or see your offers rejected

You can still get into your dream house! Our past clients can attest:

“Bob was great and very swift with every response! From start to finish, he made the home buying process very easy and helped me through it.”

“Bob was great to work with. He went above and beyond for me and my family. Very smooth process. Highly recommend. And will return to him if I’m ever shopping for another new house.”

“We appreciate all of the work you did in such a short time for us. We will definitely recommend you anytime anyone we know is looking for a realtor. Thanks again.”

When you are ready, let’s talk! I can be reached at (317) 625-0655