Happy Spring!! Hopefully, you have enjoyed the beautiful weather lately and have been able to get outside. If you have school-aged children and participated in the annual pilgrimage to somewhere warmer, we hope your travels were fun, relaxing, and most of all, safe. If you celebrated Easter or Passover this past week, we hope your celebrations were fun and filled with family and friends.
Brigid and the girls visited their grandparents who live in St. Pete, FL for spring break. Steve stayed home due to being busy with work, Kylie being out on maternity leave, and finally and sadly, his Uncle Dick passed away. This was Jack's only sibling, which made it especially hard. We all drove out to Boone, NC to meet up with family to celebrate Uncle Dick's life. Although a short time together, it was nice seeing everyone again and saying a final goodbye to the patriarch of our family.
Unfortunately, Brigid and the girls got caught up in the Delta debacle and were supposed to be home on Thursday, but didn't make it in until Sunday...thanks to Southwest and flying into Chicago where Steve had to pick them up! Delta wasn't able to get them home until Tuesday at the earliest, which wasn't an option as Brigid had to work and the girls had school. A few extra days in St. Pete aren't the end of the world, but not the way you want to end your vacation. We are curious, did you experience any travel delays/glitches???
Jack & Mary Anne are doing well, all things considered. We were happy to spend Easter with them as well as Brigid's parents, her brother/his wife, Steve's sister and her family.
Steve is anxiously awaiting Kylie's return from maternity leave next Wednesday. Spending time with your newborn is so important, but having her gone is tough as she does so much for Steve & Jack and their clients. She is truly amazing and always leaves a huge void when she is taking time off.
This continues to be an extremely busy spring market with prices continuing to increase and houses selling in hours with multiple offers above list price. Interest rates also continue to rise, so if you or someone you care about is thinking of moving this year, now is the time to do it as the price of money is getting more expensive and so is the price of housing.
Thank you to Butler University for inviting us back, once again to share a presentation on The Top Ten Things That Suck The Value from Your House. We had a great group and excellent questions. If you have a company/group that would like to do a lunch and learn, please let us know. We have a considerable library of topics on which we can present. It is fun, interactive, and educational.
Take a look below at the most recent market stats courtesy of MIBOR comparing February 2017 to February 2016.
New Listings-3,120-DOWN 0.8%
Pending Sales-2,550-UP 4.3%
Closed Sales-1,984-No change
Median Sales Price-$152,000-UP 12.6%
Average Sales Price-$187,893-UP 10.4%
Percent of Original List Price Received at Sale-94%-UP 1.2%
Total Active Listings Available at Month End-8,489-DOWN 17.2%
Months Supply of Inventory/Absorption Rate-2.9 months-DOWN 23.7%
**This is one of the lowest levels of inventory we have ever seen. We need more listings to offset some of the demand. Know of anyone we could help??? Thinking of building or know someone who is?? Give us a call so we can help you/them through the maze of decisions to make things as easy as possible. As always, the builder pays our fee!
Don't forget about our monthly Happy Hour tomorrow from 5-6:30PM at Matt The Miller's in Carmel. We have a good group planning on attending. Please join us!!!
Click here to read the May newsletter.
Click here to get coupons & discounts at places you shop every day.
Click here to download the most powerful real estate app available.
Enjoy your spring!!!
Your Friends in Real Estate,
Steve, Jack, & Kylie
Brigid and the girls visited their grandparents who live in St. Pete, FL for spring break. Steve stayed home due to being busy with work, Kylie being out on maternity leave, and finally and sadly, his Uncle Dick passed away. This was Jack's only sibling, which made it especially hard. We all drove out to Boone, NC to meet up with family to celebrate Uncle Dick's life. Although a short time together, it was nice seeing everyone again and saying a final goodbye to the patriarch of our family.
Unfortunately, Brigid and the girls got caught up in the Delta debacle and were supposed to be home on Thursday, but didn't make it in until Sunday...thanks to Southwest and flying into Chicago where Steve had to pick them up! Delta wasn't able to get them home until Tuesday at the earliest, which wasn't an option as Brigid had to work and the girls had school. A few extra days in St. Pete aren't the end of the world, but not the way you want to end your vacation. We are curious, did you experience any travel delays/glitches???
Jack & Mary Anne are doing well, all things considered. We were happy to spend Easter with them as well as Brigid's parents, her brother/his wife, Steve's sister and her family.
Steve is anxiously awaiting Kylie's return from maternity leave next Wednesday. Spending time with your newborn is so important, but having her gone is tough as she does so much for Steve & Jack and their clients. She is truly amazing and always leaves a huge void when she is taking time off.
This continues to be an extremely busy spring market with prices continuing to increase and houses selling in hours with multiple offers above list price. Interest rates also continue to rise, so if you or someone you care about is thinking of moving this year, now is the time to do it as the price of money is getting more expensive and so is the price of housing.
Thank you to Butler University for inviting us back, once again to share a presentation on The Top Ten Things That Suck The Value from Your House. We had a great group and excellent questions. If you have a company/group that would like to do a lunch and learn, please let us know. We have a considerable library of topics on which we can present. It is fun, interactive, and educational.
Take a look below at the most recent market stats courtesy of MIBOR comparing February 2017 to February 2016.
New Listings-3,120-DOWN 0.8%
Pending Sales-2,550-UP 4.3%
Closed Sales-1,984-No change
Median Sales Price-$152,000-UP 12.6%
Average Sales Price-$187,893-UP 10.4%
Percent of Original List Price Received at Sale-94%-UP 1.2%
Total Active Listings Available at Month End-8,489-DOWN 17.2%
Months Supply of Inventory/Absorption Rate-2.9 months-DOWN 23.7%
**This is one of the lowest levels of inventory we have ever seen. We need more listings to offset some of the demand. Know of anyone we could help??? Thinking of building or know someone who is?? Give us a call so we can help you/them through the maze of decisions to make things as easy as possible. As always, the builder pays our fee!
Don't forget about our monthly Happy Hour tomorrow from 5-6:30PM at Matt The Miller's in Carmel. We have a good group planning on attending. Please join us!!!
Click here to read the May newsletter.
Click here to get coupons & discounts at places you shop every day.
Click here to download the most powerful real estate app available.
Enjoy your spring!!!
Your Friends in Real Estate,
Steve, Jack, & Kylie
