Tuesday, January 24, 2017

February 2017 Steve & Jack's Home news

Dear Steve & Brigid,

Happy Valentine's Day! If you have someone special in your life, we hope you will take some time to celebrate each other. Although Valentine's Day is a very commercial holiday, hopefully it at least encourages people to spend quality time with each other away from computers, TVs, and other electronics. We don't know about you, but it seems more and more people are losing or not learning interpersonal communication skills with all of the social media and technology. As an example, the next time you are at a restaurant, look around to see how many people are not communicating with the person/people sitting at the table with each other, but rather are busy texting on their phones. Try this, the next time you are out with a significant other or friends, agree to put your phones turned off in the center of the table and not touch them. The first person who reaches for their phone before the meal is over picks up the tab! Have you tried this before? If so, how did it go????

The Rupps have been busy, as usual with Brigid working her day job at Merck and then coming home at night and on the weekends and making items to sell at craft fairs and on her Etsy page. She has very cool photos of European vistas, sweaters, shrugs, very cool wood and acrylic keychains and high-end pens among other items. She made all of these by herself from scratch! Talented she is and she has fun doing it. If you would like to see some of the things she makes, click here.

Ana is 11, in 6th grade and still practices several times/week for Indianapolis Children's Choir and will be traveling to NYC to sing in Carnegie Hall this summer and see a Broadway play as well as take a workshop taught by a Broadway actor. She is so excited!! She also just got cast for one of the lead roles in her school musical again as well as taking dance lessons and playing the trumpet. To say she is busy is an understatement!!

Natalia turns 7 on Thursday and is competing this year for the first time with her gymnastics team. She practices several days/week and can't get enough.

Jack & Mary Anne are looking forward to several trips this year and still volunteer quite a bit and are active at St. Pius X Church.

Kylie is gearing up to deliver her baby in mid-March. She is such an integral part of our team that it is almost unthinkable to imagine doing without her. We are actively interviewing people to fill in for her for about 3-months. If you or someone you know would be interested in learning more, please call Steve at 317-339-7698. He would love to talk with you!

The market keeps getting tighter and tighter for any homes under $200,000. Unless it is new construction, homes over $300,000 are selling much slower and slower still the higher you go. Interest rates have held fairly steady around the low 4% range, but will likely move up as the year progresses. If you are thinking of selling, THIS is the year to do it! Give us a call to see what the market is doing in your neighborhood so you can make an informed decision. Below are the market statistics from the Indy greater metro area comparing December 2016 to December 2015 courtesy of MIBOR:

New Listings-DOWN 4.6% to 1,884 houses
Pending Sales-DOWN 1.5% to 1,913 houses
Closed Sales-UP 4.2% to 2,765 houses
Median Sales Price-UP 6.3% to $153,000
Average Sales Price-UP 6.0% to $194,462
% of Original List Price Received at Sale-UP 0.8% to 93.6%
Total Active Listings Available at Month End-DOWN 13.9% to 8,946
Months Supply of Inventory-DOWN 23.1% to 3.0 months

Take a look at that last statistic. Inventory went DOWN 23.1% in 12-months and is now at 3 months. That is 50% of a 'healthy' real estate market. Bottom line, we need more inventory. If you are thinking of selling, NOW is the time to do it. Give us a call.

Check out this month's newsletter for some fun and interesting articles such as:
Why are barns painted red?
Who invented the lightning rod system?
How to Kickstart your brain in the morning.
Do you need a spending fast?
Lots, lots more.

Do you like the newsletter? Let us know. We would love to hear from you!!!

Would you do us a favor? If we have helped you in the past year and you haven't given us a great review on Angie's List, would you mind clicking here and doing it right now? It would mean the world to us and we would be most appreciative!! Thank you, in advance!!!

Have you attended one of our monthly Happy Hours? If not, why not plan to join us this month on Wednesday, February 15th from 5-6:30PM at Matt The Miller's in Carmel. Feel free to drop by for part or all of the time. We have a great group of people who would love to meet you and appetizers and drinks are on us! Come join us!!!

Click here to read the February newsletter

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Thanks for reading!!!

Your friends in real estate,

Steve, Jack, & Kylie