Many new real state investors are getting into real estate investing and are bombarded with many terms and terminologies they don’t understand. Continue reading What type of investment property is for me?
Tag Archives: Real Estate investing
Buying homes through a tax sale
There are many different ways to invest in real estate. The more common known due to some of the DYI shows on TV are the rehabbers/flippers and the income/rental properties.
Another way to invest in real estate is tax sales. Continue reading Buying homes through a tax sale
Things to consider when you and your REALTOR holds an open house
The house is listed. It is online with the MLS and various other websites. The sign and informational box is in the yard. You are planning for your open house. Continue reading Things to consider when you and your REALTOR holds an open house
Settles Report for the week of 08/18/2014 – 8/25/2014
Last week had a drop of new listings. Properties that where pending (in escrow), and had been sold in all three Counties, we have been tracking. Continue reading Settles Report for the week of 08/18/2014 – 8/25/2014
Settles Report for the week of 08/11/2014 – 08/18/2014
Every week we pull information for the Central Indiana real estate market and look at the last week’s market condition for central Indiana. To simplify the process we are pulling the information for three counties that are part of the Central Indiana real estate market.
Continue reading Settles Report for the week of 08/11/2014 – 08/18/2014
Settles Report for 7/21 to 7/28/2014
During this week Marion County Indiana has picked up steam with their active listings. They had 418 new listings that were made available to the public compared to Hamilton County who slowed down and only had 145 properties that were made available. Compared to last week Hamilton County had a drop in new listings of over 50%. Johnson County had 82 new listings that were made available to the public which was about the same number as last week.
Marion County Indiana new rental proposals
Be aware Proposal 195 which is being introduced to create a Marion County Indiana landlord registry. Landlords have to re-resister themselves on an annual basis as a landlord. The reason given for this registry is that many properties in disrepair and vacant are owned by investors. About 50% or more of them are owned by owner occupants who no longer can pay for their mortgage.
The Settles Report
Every week we pull information for the Central Indiana real estate market and look at the last week’s market condition for central Indiana. To simplify the process we are pulling the information for three counties that are part of the Central Indiana real estate market.
We used Marion, Hamilton and Johnson County for our report that is for 07/14 – 07/21/2014.
That week Marion County had 361 new listings with an average list price of $132,731. Hamilton County had 349 new listings with an average list price of $237,182 and Johnson County had 85 new listings that were made available with an average list price of $184,623.
Clay Township, within Hamilton County, had the most listings that were made available with 54. Taylor Township was not far behind with 35 new listings. In Johnson County Pleasant Township had the most new listings with 34. Right behind is White River township area with 31. Marion County had the most new listings in the Washington Township area with 61 and right behind it was Warren Township with 54.
During that same week Hamilton County had 125 properties where the sale is now pending (in escrow). Johnson County had 42 properties that the sale is now pending (in escrow) and Marion County had during the same week 229 properties that have a pending sale offer (in escrow).
Marion County during that same week had the most closings with 281. The average sold price for Marion County was $113, 645 for that week and the average marketing time was 85 days. Johnson County had 63 properties that closed during that week and the average sold price at that time was $191,972 with an average of 81 days of marketing time. Hamilton County had the fasted marketing time of 45 days with an average sold price of $236,427 during that week.
When you are looking for a real estate firm who understands their clients and the market, contact the Settles Team. We are here to assist our clients in fulfilling their real estate dream.
Settles Report
For this report we looked at the active, pending (in escrow), and sold stats for Marion, Johnson, and Hamilton Counties for the week of June 30th to July the 6th.
Marion County was the county having the most properties offered for sale during that week. There were 389 properties listed with an average list price of $129,680. Washington and Lawrence Townships were the leading townships with 62 new listings each. The average list prices for Washington and Lawrence Townships were $218,531 and $213,983 respectively. During that same week, the entire county had 189 properties having an accepted offer (pending sale, in escrow) with an average 67 days of time on the market. 335 other listings closed that week.
Hamilton County had 176 homes entering the market that week. The average list price for Hamilton County was $299,368. Clay Township had the most properties offered for sale through the local BLC. The average list price for Clay Township that week is $322,314. Clay Township led the county with 44 new listings. Noblesville followed with 41 new listings. The average list price for Noblesville was $289,037. During this time Hamilton County had accepted offers on 100 properties (pending sale, in escrow) with an average marketing time of 66 days. 194 made it to the closing table.
Johnson County had 67 new properties entering the market through the local Central Indiana BLC. The average list price during this time was $231,843. Pleasant Township had the most new listings with 25 and White River Township is following with 22 new listings. Pleasant townships average list price that week was $124,680 and White River Township was $263,185. Johnson County had 38 accepted offers (pending sale, in escrow) after 105 days of marketing. 58 properties closed during that week.
For more detailed information on sales within your area contact the Settle Team for more information.
2014 Home-A-Rama, Westfield IN
Just as in previous years, Home-A-Rama 2014 again has some great custom builders showcasing their craftsmanship. This time they are in the Brookside Neighborhood by Langston Development located in Westfield IN.
Brookside is one of Westfield’s premier neighborhoods with a variety of custom homes. Due to the variety of custom builders building in this Neighborhood you never will have a house that looks the same as your neighbors.
This year the Home-A-Rama 2014 features G&G Custom Homes, Bedrock Builders, Hoss Homes, M/I Homes – Showcase Collection, and Heartwood Custom Homes.
The Brookside neighborhood itself is a very diverse and stylish neighborhood with home prices ranging from $600,000 to $1.7 million. Just minutes away from all major conveniences like recreation, shopping, and schools. Brookside is located on 161th Street East of US 31.
Every one of the builders being showcased at the 2014 Home-A-Rama had a very unique style. I found that high vaulted ceilings and open floor plans are still popular.
Even when you have an open floor plan you still can find corners that will be quite enough for conversation or relaxing. Hideaway spaces like a hidden game room or reading /play room found itself into their design as well.
Pocket and barn doors have finally made their way back into the Midwest building style. It makes a stylish addition to a home and also will make room for other amenities. Clean lines and simple but stylish décor design helped showcase the builder’s craftsmanship.
For more information about this or other neighborhoods, the builders, or the area in general contact the Settles Team.
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