Friday, August 01, 2014

August 2014 Steve & Jack's Home News


Can you believe summer is almost over? Some schools have already started and the rest are starting in about 2-weeks. Where has the time gone? We hope you have enjoyed some family time and some time away in a vacation or even staycation and just take a break from the hectic lives we all lead.

At the end of June, we took a family vacation to Colonial Williamsburg and a short two-day stop in DC. We saw many of the monuments there as well as the original Constitution, Bill of Rights, & Declaration of Independence. Our highlight was getting a tour of the White House. We all really enjoyed touring it room by room and seeing where so many of our Presidents live and work. Secret Service agents are in each room to answer questions and make sure all visitor 'behave'. Apparently, the rooms are used 2-3x/week by the President and First Lady, which made seeing them even more meaningful.

Colonial Williamsburg was very hot, but the kids really loved seeing all of the buildings and talking with the actors. A really neat game they encourage kids to play is called RevQuest where you are shown a movie and given a booklet and sent on a quest to decipher codes and solve clues. I think the adults had as much fun as the kids had playing it! What a fantastic resource we have available to us only a few hours away...and for an even closer destination, Conner Prairie, while much smaller is such a great asset to our very own community. If you haven't been to Williamsburg, we can't recommend it highly enough!

Here are some notable numbers collected by MIBOR for its June Monthly Indicators Report. As stated by MIBOR, “Central Indiana has all of the right ingredients including a diversity of housing stock and prices. Builders are active again for the first time in a few years and that adds new product to our market every month.
“Housing experts say sales are inching up, price growth is becoming more sustainable and housing inventory is increasing slowly. The market continues to stabilize overall, but a need for more people participating on both the buyer and seller side is evident.”
•New Listings-UP 6.5%
•Pending Sales-DOWN 2.5%
•Closed Sales-DOWN 1.4%
•Median Sales Price-UP 3.5%
•Average Sales Price-UP 6.9%
•% of Original List Price Received at Sale-UP 1.4% to 94.3%
•Total Active Listings Available at Month End-UP 1.9%
•Months’ Supply of Inventory-5.6 months-no change

Thank you, again for your continued support and introductions of new clients! Referrals and repeat clients are how we stay in business! Enjoy the rest of your summer, which always concludes for us with a visit to the State Fair!

Click here to read our August newsletter.

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Steve & Jack