Market Updates

Dec. 1, 2022

2023 Central Indiana Foreclosure Update

Some of the most asked questions I get asked in recent years are "when is the market going to crash again?" Or how is the "real estate housing market?" With the run up on home prices in the past two years a lot of people are looking for signs that ...

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Posted in Buying, Market Updates
Nov. 15, 2022

Last Call for New Construction - Vandalia by Del Webb

The popular Vandalia by Del Webb community is almost sold out of new construction homes. This popular community in Plainfield is probably the most popular 55+ community in Hendricks County. While the remaining new construction homes are close to being sold out, there are always existing homes that come available ...

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Posted in Buying, Market Updates
Nov. 11, 2022

Greystone Community Brownsburg - Builder Incentives

The Greystone subdivision in Brownsburg is opening new sections, offering buyers more new construction opportunities. Given the shift in interest rates, all builders are offering significant incentives to home buyers now to help offset the interest rates increases. While the higher rates make payments higher, buyers finally have the ability ...

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Oct. 19, 2022

Short Sale Homes - Hendricks County Real Estate Update

In the last several years short sale homes have been rare, but as the market shifts the need for short sales will inevitably rise. Many people buy their homes expecting to stay for the foreseeable future, but things can change; job change, health issues, job loss, divorce, etc. If you ...

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Posted in Market Updates, Selling
Sept. 20, 2022

Indianapolis Area iBuyer Update - September 2022

A little over a year ago we saw Opendoor and Offerpad move into central Indiana with heavy advertising to establish themselves. The prices these buying companies were offering were aggressive and pretty competitive with market values (minus the service fee/repairs). Over this time I would say both companies bought ...

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Posted in Market Updates, Selling
July 29, 2021

Are Opendoor and Offerpad legit? Here is my experience in Central Indiana

In recent months the iBuyers have started to move more aggressively into Central Indiana giving homebuyers more options for selling. We already have Opendoor and Offerpad, but Zillow Offers is also expected to start moving into our market at some point as well. If you are not familiar with the ...

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April 24, 2020

COVID-19 - How Will It Impact Real Estate Prices?

What will happen to Hendricks County and Central Indiana real estate as 2020 progresses? Let me start off by saying this is not like 2008 where we had the housing and mortgage crisis that caused that recession. The last few years we have had a housing shortage, which has caused ...

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Feb. 16, 2020

Is it time to refinance?

If you have not looked into refinancing lately, it might be a good idea. Rates continue to decline, and refinancing could save you a lot of money if you plan to stay in your house for the next several years. The other effect of low interest rates rates is that ...

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Posted in Market Updates
Jan. 20, 2020

"I'm Waiting Until the Next Recession to Buy"

I had somewhat of this mindset also a few years ago. I kept thinking stocks and home prices are getting high and it has to stop sometime, but it hasn't, and there isn't much sign of any slowdown. However, at some point stocks will see a sizable pull ...
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Jan. 11, 2019

What will happen with local Real Estate in 2019?

We're just a few days into 2019, but you might be wondering what's in store for the New Year in Real Estate? The last several months we've been seeing shift in home prices leveling off. Hendricks County has a lot of new housing communities in development which ...

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