Welcome Spring!!! While Mother Nature may not cooperate entirely, it is nice to see temps consistently above freezing. Let's see how long that lasts!
While Mother Nature is making up her mind as to whether it is time to heat up or not, the real estate market sure isn't. In many cases (certainly not all), houses are selling in days or even hours! It is most certainly a sellers' market. See the stats below (courtesy of MIBOR):
New listings-DOWN 19.9%
Pending sales-DOWN 12.5%
Closed sales-DOWN 12.9%
Median sales price-UP 7.8% to $124,900
Average sales price-UP 4.1% to $153,772
Percent of original list price received at sale-UP 3.5% to 91.6%
Total active listings available at month end-DOWN 11.1%
Months of available inventory-DOWN 21.3% to 4.3 months
From January 2013 to January 2014, Indianapolis housing appreciated 3.8% according to MIBOR.
This is a great time to sell a house, so if you have been on the fence, this might be the time to seriously give it another thought.
As I write this, our family is in Tampa visiting Brigid's parents for our spring break. Enjoying the warm sun certainly is nice and very therapeutic after one of the most awful winters I can remember. Hopefully, you have been able to escape from the strong grasp winter has had on Indy.
After the holidays, Brigid and I made a commitment to each other that we would start and finish the Extreme Home Workout program P90X. For those of you who have tried/completed it, you know how hard that is. For those of you who don't know much about it, it is quite a commitment of 60-90 minutes of intense workouts 6-days/week for 13-weeks. It is VERY hard. Friday evening marked our successful conclusion of this program and we are now P90X graduates! We couldn't be happier-and more fit. We both agreed that having each other to go through the program and push us to keep going was the key to finishing each day without missing one, even though there were many days we were sick as a dog, too busy, too late, too early, or just plain 'dogging it' that day. There was always an excuse NOT to exercise each day, but the commitment we made to ourselves and each other was stronger and we promised each other we wouldn't let us down. It was therapeutic for us far and above the physical improvements we noticed.
In an age when family members and spouses are many times passing in the night, when was the last time you and your spouse actually set a lofty goal together and worked together as a TEAM to accomplish it? If it has been awhile, may I suggest doing just that? You might find it has a multitude of benefits over and above the obvious.
Talia started gymnastics this month and absolutely LOVES it! Ana has already started spring soccer. She is now playing at Grand Park in Westfield. If you have never seen Grand Park, take an afternoon/evening and check it out. It is already booked for the entire year and has had over 31,000 visitors in the past 30-days and it isn't even officially open or fully functional! It is being touted as the best sports facility in the US and every team who has visited agrees. We are honored to call it our home field. By the year 2020, it is expected to have brought 1 BILLION dollars to the central IN economy!
We hope you enjoy your spring and are looking forward to the warmer weather it inevitably will bring.
Click here to read our April Newsletter.
Click here for access to our exclusive coupons & discounts at stores you visit every day.
Your Personal Real Estate Consultants...for Life!
Steve & Jack Rupp
While Mother Nature is making up her mind as to whether it is time to heat up or not, the real estate market sure isn't. In many cases (certainly not all), houses are selling in days or even hours! It is most certainly a sellers' market. See the stats below (courtesy of MIBOR):
New listings-DOWN 19.9%
Pending sales-DOWN 12.5%
Closed sales-DOWN 12.9%
Median sales price-UP 7.8% to $124,900
Average sales price-UP 4.1% to $153,772
Percent of original list price received at sale-UP 3.5% to 91.6%
Total active listings available at month end-DOWN 11.1%
Months of available inventory-DOWN 21.3% to 4.3 months
From January 2013 to January 2014, Indianapolis housing appreciated 3.8% according to MIBOR.
This is a great time to sell a house, so if you have been on the fence, this might be the time to seriously give it another thought.
As I write this, our family is in Tampa visiting Brigid's parents for our spring break. Enjoying the warm sun certainly is nice and very therapeutic after one of the most awful winters I can remember. Hopefully, you have been able to escape from the strong grasp winter has had on Indy.
After the holidays, Brigid and I made a commitment to each other that we would start and finish the Extreme Home Workout program P90X. For those of you who have tried/completed it, you know how hard that is. For those of you who don't know much about it, it is quite a commitment of 60-90 minutes of intense workouts 6-days/week for 13-weeks. It is VERY hard. Friday evening marked our successful conclusion of this program and we are now P90X graduates! We couldn't be happier-and more fit. We both agreed that having each other to go through the program and push us to keep going was the key to finishing each day without missing one, even though there were many days we were sick as a dog, too busy, too late, too early, or just plain 'dogging it' that day. There was always an excuse NOT to exercise each day, but the commitment we made to ourselves and each other was stronger and we promised each other we wouldn't let us down. It was therapeutic for us far and above the physical improvements we noticed.
In an age when family members and spouses are many times passing in the night, when was the last time you and your spouse actually set a lofty goal together and worked together as a TEAM to accomplish it? If it has been awhile, may I suggest doing just that? You might find it has a multitude of benefits over and above the obvious.
Talia started gymnastics this month and absolutely LOVES it! Ana has already started spring soccer. She is now playing at Grand Park in Westfield. If you have never seen Grand Park, take an afternoon/evening and check it out. It is already booked for the entire year and has had over 31,000 visitors in the past 30-days and it isn't even officially open or fully functional! It is being touted as the best sports facility in the US and every team who has visited agrees. We are honored to call it our home field. By the year 2020, it is expected to have brought 1 BILLION dollars to the central IN economy!
We hope you enjoy your spring and are looking forward to the warmer weather it inevitably will bring.
Click here to read our April Newsletter.
Click here for access to our exclusive coupons & discounts at stores you visit every day.
Your Personal Real Estate Consultants...for Life!
Steve & Jack Rupp
