Indianapolis Real Estate & Homes For Sale | Indianapolis, Indiana - Toll Free 888-611-3912 » Shelbyville Real Estate http://www.yourindyhouses.com Toll Free 888-611-3912 Tue, 26 Apr 2011 23:55:23 +0000 en hourly 1 http://wordpress.org/?v=3.1 Indianapolis Area Homes Sales UP! http://www.yourindyhouses.com/indianapolis-area-homes-sales-up/ http://www.yourindyhouses.com/indianapolis-area-homes-sales-up/#comments Mon, 25 Jan 2010 15:56:22 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=534 Yet Another Related Posts Plugin.]]> Friday, 22 January 2010 11:58 FOR IMMEDIATE RELEASEIndianapolis Area Markets Benefited From Tax Credits, Low Interest Rates, and Favorable Prices in ’09

Major Factors Still In Place—But Clock Is Ticking

INDIANAPOLIS, IN–(January 19, 2010)–The housing market came through the past year in rather better shape than might have been expected; home sales were down only 4 percent (969) from 2008. In the past year we experienced instability in financial markets and the subsequent sharp contraction in the economy, and some dynamics in the market remain: unemployment and buyer confidence. 

The 4th quarter housing market in the Indianapolis area flourished with homes posting a dramatic rise.  Home sales were up 15 percent from 4th quarter 2009 versus 4th quarter 2008.  Buying activity in nine counties surrounding Indianapolis indicates that improved affordability is prompting many first-time buyers to get off the fence, out of their rentals, and into the market. 

A look at county-by-county increases in 2009 home sales from October to December provides some of the details:

  • Boone       UP    56%   to      211
  • Johnson     UP   31%   to      477
  • Hamilton   UP   28%   to   1,131
  • Shelby       UP   27%   to     109
  • Hendricks  UP   16%   to     449
  • Marion      UP   15%   to   2,811
  • Madison    UP   15%   to     330
  • Hancock    UP   14%   to     229
  • Morgan      UP   11%   to     186

 

Average Price of Homes Sold in the Indianapolis area December, 2009 vs. December, 2008: 
$142,010    December, 2009
$128,479    December, 2008

Dan Breault, Regional Director, RE/MAX of Indiana states “purchasers are clearly taking advantage of affordable prices and rock bottom interest rates.  Those who missed the boat in years past have found that sitting on the sidelines could be a costly move.  Prices are on the upswing and inventory levels are tightening, so the push toward homeownership is expected to continue throughout the spring of 2010.”

December pended home sales (those homes expected to close within the next 30 days) were up 11 percent in December, 2009, compared to December, 2008  The December, 2009 total = 1,530 pended home sales.

Article provided by RE/MAX of Indiana  

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]]> http://www.yourindyhouses.com/indianapolis-area-homes-sales-up/feed/ 0 Property Tax Caps for Indiana http://www.yourindyhouses.com/property-tax-caps-for-indiana/ http://www.yourindyhouses.com/property-tax-caps-for-indiana/#comments Wed, 20 Jan 2010 02:58:59 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=524 Yet Another Related Posts Plugin.]]> PROPERTY TAX CAPS
Earlier today, the Senate handed Hoosiers the right to vote on permanently capping property taxes. By a vote of 35 to 15, the full Senate gave final passage to a joint resolution that would constitutionally cap property tax rates at 1 percent for owner-occupied homes, 2 percent for other residential and agricultural properties and 3 percent for businesses. To change the Constitution, an amendment must be passed by two separately elected General Assemblies and then approved by voters statewide. In the immediate aftermath of the 2007 property tax crisis, both chambers passed the property tax caps in 2008. The Republican-led Senate kept the momentum for the caps and public referendum going by passing it again in 2009, but it failed to receive a vote in the Democrat-controlled House of Representatives. This election year, the measure was considered in the House where it passed by a vote of 75 to 23. Today’s historic Senate passage completed legislative involvement — other than advocacy among voters who will now have the final say.

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]]> http://www.yourindyhouses.com/property-tax-caps-for-indiana/feed/ 0 Hud Homes – $100 Dollars Down http://www.yourindyhouses.com/hud-homes-100-dollars-down/ http://www.yourindyhouses.com/hud-homes-100-dollars-down/#comments Wed, 13 Jan 2010 23:19:49 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=512 Yet Another Related Posts Plugin.]]> If you are looking for a distressed property in and around the Indianapolis area, now is a great time to buy a HUD property. Not only does HUD offer an option for $100.00 down payment financing for Owner Occupants but they will pay some closing costs up to 3% of the selling price.

This is a great option for a first time home buyer. Why pay rent when you can purchase a home for a $100.00 down and get up to an $8,000 dollar tax credit from the government?

Need more information or to see how to qualify, contact us today.

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]]> http://www.yourindyhouses.com/hud-homes-100-dollars-down/feed/ 1 Indianapolis Real Estate & Homes For Sale – Happy New Year 2010 http://www.yourindyhouses.com/indianapolis-real-estate-homes-for-sale-happy-new-year-2010/ http://www.yourindyhouses.com/indianapolis-real-estate-homes-for-sale-happy-new-year-2010/#comments Sat, 02 Jan 2010 01:20:41 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=450 Yet Another Related Posts Plugin.]]> Happy New Year to all of our Loyal Clients and Website Visitors!  Here is to a great 2010!
We will be here for all your real estate needs in 2010.

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]]> http://www.yourindyhouses.com/indianapolis-real-estate-homes-for-sale-happy-new-year-2010/feed/ 0 Cyber Monday Deals http://www.yourindyhouses.com/cyber-monday-deals/ http://www.yourindyhouses.com/cyber-monday-deals/#comments Mon, 30 Nov 2009 23:07:20 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=363 Yet Another Related Posts Plugin.]]>

Article about …..Indiana

U.S. retailers launch

Cyber Monday deals

Star and news services reports
Posted: November 30, 2009 on Indystar.com

After shoppers gave retailers a somewhat encouraging start to the holiday shopping season, stores today are turning their attention to the online promotions known as Cyber Monday. And while it’s easy to click on nationally known Web sites, keep an eye out for deals from local merchants.

A year after suffering the biggest sales decline in four decades, the nation’s merchants have pulled out all the stops in stores and online to keep the momentum going, further blurring the lines between their Web-based and land-based businesses.

http://www.indystar.com/article/20091130/BUSINESS/91130001

 

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]]> http://www.yourindyhouses.com/cyber-monday-deals/feed/ 0 Detailed info of Tax Credit for First Time & Repeat/Existing Homeowners….are you ready to buy? http://www.yourindyhouses.com/detailed-info-of-tax-credit-for-first-time-repeatexisting-homeowners-are-you-ready-to-buy/ http://www.yourindyhouses.com/detailed-info-of-tax-credit-for-first-time-repeatexisting-homeowners-are-you-ready-to-buy/#comments Mon, 09 Nov 2009 15:43:57 +0000 Indianapolis Real Estate http://www.yourindyhouses.com/?p=292 Yet Another Related Posts Plugin.]]> Contact us today to find out answers to the most Frequently Asked Questions
About the First-Time Home Buyer Tax Credit and/or Find out answers to the most Frequently Asked Questions About the Move-Up/Repeat Home Buyer Tax Credit or check out the link below and then let us assist you to finding the home to fit your needs.  If you have a home to sell first…think about getting it on the market NOW.  Deadline is April 30, 2010 for all contracts must close by June 30,2010.

http://www.federalhousingtaxcredit.com/

 

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