Happy New Year!! We hope your holidays have been good so far and that you have been able to find at least a little time in all of the hectic pace of this time of the year to slow down and enjoy some time with friends and family. We wish you a happy, healthy and prosperous 2022!!
As you are most certainly aware, the real estate market has been absolutely off the rails the past few years. We are seeing things we have never seen before in history! Needless to say, if you have ever remotely thought about selling your house, give us a call to talk through some options. The comment we usually get is, ‘Steve, I know we can sell our house, but where are we going to go?’ Great comment! Know that we have 4 options for you and we would be happy to discuss them to see what makes the most sense for your situation. Indianapolis has been named as the 2nd hottest real estate market in 2022 in the entire US! Interest rates are expected to rise slightly, but remain very low. Call us today at 317-573-1880 to learn how this all affects you.
Steve and his family traveled to Colonial Williamsburg to spend some time with Brigid’s family between Christmas and New Year’s. They also visited Busch Gardens. A long drive, but worth the time spent together.
Thea traveled to Cleveland to see her family and Michael’s family and enjoyed some downtime.
Patti and Ron stayed local and enjoyed some time off for much deserved downtime as well. Patti tweaked her knee a couple of weeks ago and has been dealing with that as well.
Kylie’s family is all local and they stayed in town for the holidays. She enjoyed a couple of weeks off at the end of the year to recharge with her family.
Thank you to everyone who submitted a nomination for our Christmas family this year. There were so many deserving families. Ultimately, Sheri Buschuk’s nomination was chosen. We were able to visit with her family she nominated and present them with gift cards to use to purchase presents that they need. It was so fun to see the smiles on their faces as they opened the presents! Thank you to Ranj Puthran of Allstate Insurance and to Josh and Missy Wakley of JW Restore for sponsoring our gifts and for helping us to present them to the family. Look for your opportunity to nominate a deserving family next holiday season!
We hope you will join us for our first Happy Hour of 2022 on January 20th from 5-6:30pm at Matt The Miller’s in Carmel. We will have a drawing and as always FREE drinks and food!!
Stay tuned for information on our next call in for our Quarterly Prize Package!! We have been working hard to put together an amazing gift you will not want to miss out. Call us anytime between 10AM-4PM. Look for information on our social media channels, e-mail and our website on how to call in and what our grand prize is.
Because we have received so many questions about this crazy market, Thea is going to host a virtual Buyer Workshop on January 11th from 5:30-6:30pm. She will be talking about this market, what is working for buyers and what isn’t and how you can be competitive if you are thinking of buying a home in 2022. She will cover what the home buying process looks like and will be available to answer any and all questions. Pass this along to friends who may be interested. Check our website and social media for log-in details.
As mentioned previously, our market remains HOT, however it has cooled off a bit for the season, as usual. Below are some stats from MIBOR comparing October 2021 to November 2021:
Median Sales Price=DOWN 1.6% to $251,000
Closed Sales=DOWN 2.4% to 3,421 units
New Listings=DOWN 20.6% to 3,050 units
Pending Sales=DOWN 9.3% to 3,292 units
Days on Market=UP 16.7% to 21 days
Price per s.f.=No change at $149/s.f.
% of Ask Received=DOWN 0.4% to 100.0%
Active Inventory=DOWN 10.5% to 2,412 units
Absorption Rate=DOWN 12.5% to 0.7 months
As you can see, our market has softened as we have entered our slower winter market. If you are thinking of buying before the expected busy spring market hits mid-February, this may be your best time to do so. Call us at 317-573-1880 to talk through your options.
Are you or someone you know thinking about getting into real estate? Give Steve a call at 317-573-1880. He meets regularly with people thinking about making a career change and would be happy to share some thoughts and answer questions.
We wish you a happy 2022 and let’s all hope is it healthier than 2021!
Your friends in real estate,
Steve, Kylie, Thea, and Patti
P.S. Please don’t keep us a secret!
Click here to read our January 2022 newsletter
Click here to visit our website full of resources and information
Thursday, December 23, 2021
Saturday, November 27, 2021
December 2021 Newsletter
Happy Holidays from our families to yours!!! This can be an extremely busy time of the year for many of us and we hope that you are able to take some time to relax and enjoy the reason for the season. It can also be a very lonely time for many people celebrating the holidays alone. If you know someone who is, please consider calling, video-chatting, or visiting them to let them know they are not alone and people do care about them. If you are feeling alone, please give us a call at 317-573-1880. We would LOVE to talk with you and catch up on your life.
We are coming out of the busiest month of events we have all year. Patti who is our Director of Marketing has done a superb job of planning and coordinating all of our events for our clients. We kicked the holiday season off with our last Happy Hour of the year and had a great turnout. It is always so good to see so many happy faces! Don’t forget, we do not host a Happy Hour in December due to busy holiday schedules, but we look forward to seeing you in January to kick the new year off on Thursday, January 20th from 5-6:30pm at Matt The Miller’s in Carmel. If you haven’t joined us yet, please consider dropping by. Drinks and appetizers are always on us! You bring the smile and conversation. ;-)
Our 2nd event of the month was our North Pole Experience featuring Photos with Santa. We had over 450 people come through this year and saw lots of smiles and happy kiddos!! If you had your photos taken with Santa, they will be sent to you via e-mail shortly.
Our 3rd and final event of the month was our 2nd Annual Steve and Mark’s Pie Giveaway. We gave away over 150 pies in 24-hours!!! Not only were we able to help our clients celebrate Thanksgiving with their families, but we also helped a local bakery No Label at The Table that is an entirely allergen-free bakery that employs only young adults on the autism spectrum. It is a wonderful family-owned bakery that has become an amazing partner for us. In addition, we gave away 50 pies to Student Impact so less-fortunate families could have a little sweeter holiday as well. Thank you to our lender partner Mark Kuchik with CrossCountry Mortgage for co-sponsoring this amazing day with us. We hope you enjoyed your pie, if you participated. If you didn’t, please consider doing so next year.
The real estate market has taken its usual slower pace between Thanksgiving and New Year’s, but we are still seeing super-low inventory and lots of buyers looking for homes. This is predicted to be one of the busiest winter markets on record, however with the super-low interest rates still hovering around 3% and many buyers sitting on the sidelines until spring, this is a great time to take advantage of a slight slow down and find your dream home! We would be happy to help you and guide, lead, and protect you throughout your journey. Interest rates will not stay this low forever and we see the window closing, so act now before higher rates make housing less affordable.
Here are some stats from MIBOR comparing October 2021 to September 2021:
Median Sales Price-$255,000-No change
Closed Sales-3,448 units-DOWN 7.0%
New Listings-3,807 units-DOWN 2.6%
Pending Sales-3,784 units-UP 7.7%
Days on Market-19-UP 5.6%
Price per s.f.-$149-no change
% of Ask Received-100.4%-DOWN 0.1%
Active Inventory-2,682 units-UP 0.8%
Absorption Rate-0.8 months-UP 14.3%
You can see a very slight softening of the market, but make no mistake, these are extremely strong numbers posted for what is typically the beginning of the slowing for the year for the real estate market. New listings going down, but pending sales going up is the opposite of what we need right now with such an anemic inventory level. Seeing the active inventory going up slightly is a help, but we need a lot more. If you are considering putting your house on the market now or in the spring, please give us a call, so we can consult with you about your options-317-573-1880. There may be some creative options we can show you to take advantage of this HOT sellers’ market.
We hope you have received your calendar by now as well and that you can proudly display and enjoy it all of next year.
Steve, Thea, Kylie, and Patti are all working until Christmas helping our clients with their real estate needs and then we are all taking a week off to spend time with our families before the crazy spring real estate market starts up in February.
We hope to see you at our January Happy Hour!!! Look for some fun events coming up soon such as our Valentine’s Day prize package giveaway (we have something BIG this year), our spring client appreciation event at Sundown Gardens, and our spring Shred Day.
From our families to yours, we wish you a very happy holiday season filled with laughter, happiness, and some time to spend with your families and friends. Thank you for being such great clients and referral partners!! We are grateful for you!!!
Your friends in real estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret… Click here to read our December newsletter Click here to visit our website Click here to read what others have to say about us Click here to download the most powerful real estate app available Click here to get access to coupons and discounts at places you shop every day
We are coming out of the busiest month of events we have all year. Patti who is our Director of Marketing has done a superb job of planning and coordinating all of our events for our clients. We kicked the holiday season off with our last Happy Hour of the year and had a great turnout. It is always so good to see so many happy faces! Don’t forget, we do not host a Happy Hour in December due to busy holiday schedules, but we look forward to seeing you in January to kick the new year off on Thursday, January 20th from 5-6:30pm at Matt The Miller’s in Carmel. If you haven’t joined us yet, please consider dropping by. Drinks and appetizers are always on us! You bring the smile and conversation. ;-)
Our 2nd event of the month was our North Pole Experience featuring Photos with Santa. We had over 450 people come through this year and saw lots of smiles and happy kiddos!! If you had your photos taken with Santa, they will be sent to you via e-mail shortly.
Our 3rd and final event of the month was our 2nd Annual Steve and Mark’s Pie Giveaway. We gave away over 150 pies in 24-hours!!! Not only were we able to help our clients celebrate Thanksgiving with their families, but we also helped a local bakery No Label at The Table that is an entirely allergen-free bakery that employs only young adults on the autism spectrum. It is a wonderful family-owned bakery that has become an amazing partner for us. In addition, we gave away 50 pies to Student Impact so less-fortunate families could have a little sweeter holiday as well. Thank you to our lender partner Mark Kuchik with CrossCountry Mortgage for co-sponsoring this amazing day with us. We hope you enjoyed your pie, if you participated. If you didn’t, please consider doing so next year.
The real estate market has taken its usual slower pace between Thanksgiving and New Year’s, but we are still seeing super-low inventory and lots of buyers looking for homes. This is predicted to be one of the busiest winter markets on record, however with the super-low interest rates still hovering around 3% and many buyers sitting on the sidelines until spring, this is a great time to take advantage of a slight slow down and find your dream home! We would be happy to help you and guide, lead, and protect you throughout your journey. Interest rates will not stay this low forever and we see the window closing, so act now before higher rates make housing less affordable.
Here are some stats from MIBOR comparing October 2021 to September 2021:
Median Sales Price-$255,000-No change
Closed Sales-3,448 units-DOWN 7.0%
New Listings-3,807 units-DOWN 2.6%
Pending Sales-3,784 units-UP 7.7%
Days on Market-19-UP 5.6%
Price per s.f.-$149-no change
% of Ask Received-100.4%-DOWN 0.1%
Active Inventory-2,682 units-UP 0.8%
Absorption Rate-0.8 months-UP 14.3%
You can see a very slight softening of the market, but make no mistake, these are extremely strong numbers posted for what is typically the beginning of the slowing for the year for the real estate market. New listings going down, but pending sales going up is the opposite of what we need right now with such an anemic inventory level. Seeing the active inventory going up slightly is a help, but we need a lot more. If you are considering putting your house on the market now or in the spring, please give us a call, so we can consult with you about your options-317-573-1880. There may be some creative options we can show you to take advantage of this HOT sellers’ market.
We hope you have received your calendar by now as well and that you can proudly display and enjoy it all of next year.
Steve, Thea, Kylie, and Patti are all working until Christmas helping our clients with their real estate needs and then we are all taking a week off to spend time with our families before the crazy spring real estate market starts up in February.
We hope to see you at our January Happy Hour!!! Look for some fun events coming up soon such as our Valentine’s Day prize package giveaway (we have something BIG this year), our spring client appreciation event at Sundown Gardens, and our spring Shred Day.
From our families to yours, we wish you a very happy holiday season filled with laughter, happiness, and some time to spend with your families and friends. Thank you for being such great clients and referral partners!! We are grateful for you!!!
Your friends in real estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret… Click here to read our December newsletter Click here to visit our website Click here to read what others have to say about us Click here to download the most powerful real estate app available Click here to get access to coupons and discounts at places you shop every day
Sunday, October 24, 2021
November 2021 Newsletter
It’s hard to believe we are only one month away from Thanksgiving and Halloween is next week! It seems like this year has just flown by. We hope this month’s newsletter finds you and those you care about happy and healthy. This is a busy time for our team and events we are organizing for YOU!
Steve and his family enjoyed some down time for Fall Break. Steve and Brigid got away for a long weekend with some agents from his office to Lexington, KY and the Bourbon Trail. We enjoyed a short river cruise followed by some distillery tours and then enjoyed some racing at Keeneland race track. We also were able to see one of Brigid’s former co-workers who owns a horse ranch down there and see his property. Absolutely beautiful!
After coming home for a day, we left for Ft. Meyers, FL, sans Ana who had to stay home as her Fall Break was the following week and is only two days. She enjoyed spending time with Steve’s parents. Tali spent the next few days with Brigid’s parents and then met up with a former neighbor who lives in Miami, FL now while Steve and Brigid took a ferry to Key West for a few days. Steve and Tali flew home and Brigid flew to Charlotte to meet up with Ana and a friend and her mom to do some college visits. They saw Wake Forest, University of South Carolina, Clemson, and UNC-Chapel Hill. She has also toured Purdue and University of Tampa. Right now, Clemson is the front-runner as she wants to study Industrial Engineering and design concept cars and Clemson has the only undergraduate program in the country for that. We will see.
Patti enjoyed a couple of weeks of vacation a few weeks ago down to Florida and we are so happy to have her back working on all of the events we have coming up!!!
Kylie’s birthday was last week and she went to Gatlinburg, TN with her family for a few days to relax and spend time with them. We look forward to her return as well.
Thea is working hard finding buyers homes. She had quite a few weddings to attend this year and her last one is the beginning of November. She is looking forward to staying home for a bit!
The housing market continues to be extremely competitive, although not quite as bad as this spring was. We are still super-short on inventory, however if you or someone you care about is looking for a new home this is a great time to look as competition isn’t quite as fierce and interest rates are still super-low, around 3%. We expect those to continue to creep up.
We continue our 100 videos in 100 days challenge. Hopefully, you have had a chance to watch some of them and like and subscribe to our channel. If not, please visit it here: www.youtube.com/IndyRupp
We had a great October Happy Hour last week with lots of old and new faces. If you haven’t had a chance to join us, please consider doing so for our last Happy Hour of the year in November. You can find us at Matt The Miller’s in Carmel from 5-6:30pm on Thursday, November 18th. Please RSVP to Patti at Patti@Welcome2Indy.com. We would love to see you, and as always, food and drinks are on us. Thank you to our amazing real estate photographer 360-Tours for sponsoring our October Happy Hour.
Then, on Sunday, November 21st from 11AM-3PM, please join us for Pictures with Santa at our office. Last year, Santa wasn’t able to make it due to COVID, but he is BACK this year!!! We will have the Winter Wonderland, Letters to Santa, Professional Photos, Naughty or Nice station and lots of treats. Please join us!!! RSVP to patti@Welcome2Indy.com
Look for more info coming soon for our 4th Quarter Prize Giveaway!! This quarter is focused on pampering. If you need a little self-care, stay tuned as you will not want to miss this prize package! Make sure you like our Facebook page @TheZuluGroup to make sure you don’t miss our announcements for this amazing prize package.
You should have received our Pie Giveaway postcard recently. Since a crowded movie theater isn’t safe yet, we are going to repeat our very popular Pie Giveaway again this year co-sponsored by our lender partner Mark Kuchik with CrossCountry Mortgage. Mark your calendars for Tuesday, November 23rd from 11AM-6PM to stop by our office to pick up your FREE pie. This is our way of saying thank you for being such great clients, referral partners, and friends. The pies are custom made fresh for us and feature apple, cherry (new this year), and a pie made just for this event and was the #1 choice last year- Steve & Mark’s Perfectly Peach Pie. You MUST reserve your pie by 5pm, Friday, November 19th in order to pick it up. These are being made for us by a small local bakery No Label at The Table. It employs young people on the autism spectrum and the pies are gluten, dairy, and nut free, but not taste-free. We challenge you to find a ‘regular’ pie that tastes as good. In addition, we are donating 50 pies to Student Impact of Westfield which will be supplying them to families in need who wouldn’t usually have a Thanksgiving dinner. We absolutely LOVE this event and all of the people it impacts and hope you will stop by and pick up a pie as a part of your Thanksgiving meal.
As stated earlier, the housing market continues to be strong, however it is showing some signs of slowing just a bit. Here are some stats from MIBOR comparing September 2021 to August 2021:
Median Sales Price-UP 0.4% to $254,062
Closed Sales-DOWN 5.7% to 3,645 units
New Listings-DOWN 8.2% to 3,872 units
Pending Sales-DOWN 8.9% to 3,684 units
Days on Market-UP 18.8% to 19 days
Price per s.f.-UP 1.4% to $149
% of Ask Received-DOWN 0.6% to 100.5%
Active Inventory-UP 5.4% to 2,646 units
Absorption Rate-UP 16.7% to 0.7 months
We hope you enjoy Halloween and if we don’t talk with you before, here’s to hoping you are able to relax and enjoy Thanksgiving with your family and friends and are able to give thanks for the many blessings you have. You are one of those blessings we are counting at our table. :-)
Enjoy the Thanksgiving edition of our newsletter! Click here to read it. Hope to see you at one or more of our November events!
Your Friends in Real Estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret…
Steve and his family enjoyed some down time for Fall Break. Steve and Brigid got away for a long weekend with some agents from his office to Lexington, KY and the Bourbon Trail. We enjoyed a short river cruise followed by some distillery tours and then enjoyed some racing at Keeneland race track. We also were able to see one of Brigid’s former co-workers who owns a horse ranch down there and see his property. Absolutely beautiful!
After coming home for a day, we left for Ft. Meyers, FL, sans Ana who had to stay home as her Fall Break was the following week and is only two days. She enjoyed spending time with Steve’s parents. Tali spent the next few days with Brigid’s parents and then met up with a former neighbor who lives in Miami, FL now while Steve and Brigid took a ferry to Key West for a few days. Steve and Tali flew home and Brigid flew to Charlotte to meet up with Ana and a friend and her mom to do some college visits. They saw Wake Forest, University of South Carolina, Clemson, and UNC-Chapel Hill. She has also toured Purdue and University of Tampa. Right now, Clemson is the front-runner as she wants to study Industrial Engineering and design concept cars and Clemson has the only undergraduate program in the country for that. We will see.
Patti enjoyed a couple of weeks of vacation a few weeks ago down to Florida and we are so happy to have her back working on all of the events we have coming up!!!
Kylie’s birthday was last week and she went to Gatlinburg, TN with her family for a few days to relax and spend time with them. We look forward to her return as well.
Thea is working hard finding buyers homes. She had quite a few weddings to attend this year and her last one is the beginning of November. She is looking forward to staying home for a bit!
The housing market continues to be extremely competitive, although not quite as bad as this spring was. We are still super-short on inventory, however if you or someone you care about is looking for a new home this is a great time to look as competition isn’t quite as fierce and interest rates are still super-low, around 3%. We expect those to continue to creep up.
We continue our 100 videos in 100 days challenge. Hopefully, you have had a chance to watch some of them and like and subscribe to our channel. If not, please visit it here: www.youtube.com/IndyRupp
We had a great October Happy Hour last week with lots of old and new faces. If you haven’t had a chance to join us, please consider doing so for our last Happy Hour of the year in November. You can find us at Matt The Miller’s in Carmel from 5-6:30pm on Thursday, November 18th. Please RSVP to Patti at Patti@Welcome2Indy.com. We would love to see you, and as always, food and drinks are on us. Thank you to our amazing real estate photographer 360-Tours for sponsoring our October Happy Hour.
Then, on Sunday, November 21st from 11AM-3PM, please join us for Pictures with Santa at our office. Last year, Santa wasn’t able to make it due to COVID, but he is BACK this year!!! We will have the Winter Wonderland, Letters to Santa, Professional Photos, Naughty or Nice station and lots of treats. Please join us!!! RSVP to patti@Welcome2Indy.com
Look for more info coming soon for our 4th Quarter Prize Giveaway!! This quarter is focused on pampering. If you need a little self-care, stay tuned as you will not want to miss this prize package! Make sure you like our Facebook page @TheZuluGroup to make sure you don’t miss our announcements for this amazing prize package.
You should have received our Pie Giveaway postcard recently. Since a crowded movie theater isn’t safe yet, we are going to repeat our very popular Pie Giveaway again this year co-sponsored by our lender partner Mark Kuchik with CrossCountry Mortgage. Mark your calendars for Tuesday, November 23rd from 11AM-6PM to stop by our office to pick up your FREE pie. This is our way of saying thank you for being such great clients, referral partners, and friends. The pies are custom made fresh for us and feature apple, cherry (new this year), and a pie made just for this event and was the #1 choice last year- Steve & Mark’s Perfectly Peach Pie. You MUST reserve your pie by 5pm, Friday, November 19th in order to pick it up. These are being made for us by a small local bakery No Label at The Table. It employs young people on the autism spectrum and the pies are gluten, dairy, and nut free, but not taste-free. We challenge you to find a ‘regular’ pie that tastes as good. In addition, we are donating 50 pies to Student Impact of Westfield which will be supplying them to families in need who wouldn’t usually have a Thanksgiving dinner. We absolutely LOVE this event and all of the people it impacts and hope you will stop by and pick up a pie as a part of your Thanksgiving meal.
As stated earlier, the housing market continues to be strong, however it is showing some signs of slowing just a bit. Here are some stats from MIBOR comparing September 2021 to August 2021:
Median Sales Price-UP 0.4% to $254,062
Closed Sales-DOWN 5.7% to 3,645 units
New Listings-DOWN 8.2% to 3,872 units
Pending Sales-DOWN 8.9% to 3,684 units
Days on Market-UP 18.8% to 19 days
Price per s.f.-UP 1.4% to $149
% of Ask Received-DOWN 0.6% to 100.5%
Active Inventory-UP 5.4% to 2,646 units
Absorption Rate-UP 16.7% to 0.7 months
We hope you enjoy Halloween and if we don’t talk with you before, here’s to hoping you are able to relax and enjoy Thanksgiving with your family and friends and are able to give thanks for the many blessings you have. You are one of those blessings we are counting at our table. :-)
Enjoy the Thanksgiving edition of our newsletter! Click here to read it. Hope to see you at one or more of our November events!
Your Friends in Real Estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret…
Tuesday, September 28, 2021
October 2021 Newsletter
Happy Fall!! If you are like my daughter, this is your favorite time of the year-football, cooler temperatures, colors galore, fun Fall activities, and pumpkin-spiced everything! We hope you, too are enjoying the Fall colors and everything that goes along with it. One of the things families with children look forward to is Fall Break! If you fall into this category, where are you headed this year, or are you staying local?
Our family is headed to Florida to see Brigid’s family for a bit and then she and I head to the Keys for a few days and then Brigid and Ana head to the Carolina area to do some college tours-Wake Forest, UNC-Chapel Hill, Charlotte, Clemson and maybe a couple of others. We cannot believe how fast the time has flown and in a couple of short years, Ana will be at college.
Ana also has her Learner’s Permit and is doing a good job at driving with us. She continues to be an instructor at Gold Fish Swim School in Carmel and will be picking up more shifts as soccer season ends on October 2nd for her team. She has loved playing soccer for Guerin, but had a concussion for a couple of weeks and missed a couple of games. She will also pick back up with Master Chorale, which is the high school group for The Indianapolis Children’s Choir (ICC). She also volunteers helping the little kids in an ICC group in Carmel and loves spending time with them. She will be inducted into the National Honor Society next month as well, so we are very proud of her!
Tali continues to enjoy 6th grade and her competitive cheer season is getting closer. Her team is working on their routine now and she loves time in the gym.
Brigid still enjoys working for Merck and continues to pursue more advancement opportunities. In her spare time, she has been converting our screened porch into a 4-season sun room. I have been helping her, but this is all her planning and leading. It will really look amazing when it is finished in a couple of weeks…hopefully. The only thing we aren’t doing ourselves is the electrical. We always leave that to the professionals!!! Framing, siding, doors, windows, insulation, trim, flooring is all being done by us. We have learned a LOT!!
Thea is nearing the end of her wedding season. She and Michael have been extremely busy traveling, mostly to Cleveland for family and friends’ weddings and other family events. She is enjoying a slight break from the breakneck pace this spring and summer, but is still staying busy.
Patti and Ron took 2-weeks off to spend time on the beach in Florida. While we really missed her, we are happy they were able to spend some good downtime together.
Kylie is neck-deep in school for the kids and keeping things humming around the office. We are so fortunate to have such a great team to help our clients!!
We hope you were able to attend our September Happy Hour on the 16th. We had beautiful weather and a nice turnout. Thank you to Chris Odle for sponsoring Happy Hour. Chris is a client of ours and is a successful financial planner. Please contact him if you would like to talk about how he can assist with your financial planning-317-842-8200. Please join us for our October Happy Hour on Thursday, October 21st from 5-6:30pm at Matt The Miller’s. We would love to see you and drinks and food are on us!!!
Are you or someone you care about thinking of moving in the next year or two, but haven’t moved in a long time? Come to our next workshop on October 12th from 7-8pm titled The Top 5 Mistakes Smart People Make When Preparing Their Home for Sale. We will cover the preparation process, how to get the most money for your house, what improvements will net you the highest return and what NOT to do prior to a sale. We will also talk about current and projected market conditions and what you can expect. Call Steve at 317-573-1880 in order to register.
We will be doing our Thanksgiving Pie Giveaway again this year on Tuesday, November 23rd all day at our office. Formal invites are forthcoming, but mark your calendars now. We will be getting our pies again from No Label at The Table in Carmel and will also be donating pies to Student Impact in Westfield to underprivileged families. Hope you can drop by and pick up a pie!!
Look for more information coming shortly on our final prize giveaway of the year. This will be a pampering day to relieve stress as you prepare for the hectic pace of the holidays. Call in to register to win!!!! You won’t want to miss it!!!
Our real estate coach has challenged us to get more online presence and we accepted!! We agreed to post 100 videos in 100 days!!! So, what would you like to see us post?? What would you like to learn more about? One thing you can do right now to help us besides some ideas for future episodes, is go to our page and Like and Subscribe. It can be found at www.Youtube.com/SteveRupp Thank you, in advance!
If you are in business and would like to grow your business, learn new ideas, and meet other business professionals, call me at 317-573-1880 and I will put you on the list for a networking gathering at Woodland Bowl Putt-Putt course on October 14th from 5:30-7:30pm. Food and drink are provided as well as the fun times and new connections.
The market continues to be hot, even though it has cooled off a bit. Below are some stats comparing August 2021 to August 2020 courtesy of MIBOR. FYI-interest rates are climbing and are around 3.125% as of today. If you are thinking of buying now is the time to do so and there isn’t nearly as much competition as there was earlier this year.
Median Sales Price-$252,500-UP 10.7%
Closed Sales-3,796 units-UP 1.1%
New Listings-4,187 units-UP 7.4%
Pending Sales-4,222 units-UP 8.8%
Days on Market-17 days-DOWN 41.4%
Price/s.f.-$147-UP 14.0%
% of Ask Received-101.0%-UP 2.0%
Active Inventory-2,493 units-DOWN 16.4%
Absorption Rate-0.7 months-DOWN 12.5%
Thank you for reading this far!!! We hope you enjoy this month’s newsletter full of fun articles, stories, facts, and tidbits. Enjoy your Fall!!!
Your Friends in Real Estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret! Click here to read our October newsletter
Our family is headed to Florida to see Brigid’s family for a bit and then she and I head to the Keys for a few days and then Brigid and Ana head to the Carolina area to do some college tours-Wake Forest, UNC-Chapel Hill, Charlotte, Clemson and maybe a couple of others. We cannot believe how fast the time has flown and in a couple of short years, Ana will be at college.
Ana also has her Learner’s Permit and is doing a good job at driving with us. She continues to be an instructor at Gold Fish Swim School in Carmel and will be picking up more shifts as soccer season ends on October 2nd for her team. She has loved playing soccer for Guerin, but had a concussion for a couple of weeks and missed a couple of games. She will also pick back up with Master Chorale, which is the high school group for The Indianapolis Children’s Choir (ICC). She also volunteers helping the little kids in an ICC group in Carmel and loves spending time with them. She will be inducted into the National Honor Society next month as well, so we are very proud of her!
Tali continues to enjoy 6th grade and her competitive cheer season is getting closer. Her team is working on their routine now and she loves time in the gym.
Brigid still enjoys working for Merck and continues to pursue more advancement opportunities. In her spare time, she has been converting our screened porch into a 4-season sun room. I have been helping her, but this is all her planning and leading. It will really look amazing when it is finished in a couple of weeks…hopefully. The only thing we aren’t doing ourselves is the electrical. We always leave that to the professionals!!! Framing, siding, doors, windows, insulation, trim, flooring is all being done by us. We have learned a LOT!!
Thea is nearing the end of her wedding season. She and Michael have been extremely busy traveling, mostly to Cleveland for family and friends’ weddings and other family events. She is enjoying a slight break from the breakneck pace this spring and summer, but is still staying busy.
Patti and Ron took 2-weeks off to spend time on the beach in Florida. While we really missed her, we are happy they were able to spend some good downtime together.
Kylie is neck-deep in school for the kids and keeping things humming around the office. We are so fortunate to have such a great team to help our clients!!
We hope you were able to attend our September Happy Hour on the 16th. We had beautiful weather and a nice turnout. Thank you to Chris Odle for sponsoring Happy Hour. Chris is a client of ours and is a successful financial planner. Please contact him if you would like to talk about how he can assist with your financial planning-317-842-8200. Please join us for our October Happy Hour on Thursday, October 21st from 5-6:30pm at Matt The Miller’s. We would love to see you and drinks and food are on us!!!
Are you or someone you care about thinking of moving in the next year or two, but haven’t moved in a long time? Come to our next workshop on October 12th from 7-8pm titled The Top 5 Mistakes Smart People Make When Preparing Their Home for Sale. We will cover the preparation process, how to get the most money for your house, what improvements will net you the highest return and what NOT to do prior to a sale. We will also talk about current and projected market conditions and what you can expect. Call Steve at 317-573-1880 in order to register.
We will be doing our Thanksgiving Pie Giveaway again this year on Tuesday, November 23rd all day at our office. Formal invites are forthcoming, but mark your calendars now. We will be getting our pies again from No Label at The Table in Carmel and will also be donating pies to Student Impact in Westfield to underprivileged families. Hope you can drop by and pick up a pie!!
Look for more information coming shortly on our final prize giveaway of the year. This will be a pampering day to relieve stress as you prepare for the hectic pace of the holidays. Call in to register to win!!!! You won’t want to miss it!!!
Our real estate coach has challenged us to get more online presence and we accepted!! We agreed to post 100 videos in 100 days!!! So, what would you like to see us post?? What would you like to learn more about? One thing you can do right now to help us besides some ideas for future episodes, is go to our page and Like and Subscribe. It can be found at www.Youtube.com/SteveRupp Thank you, in advance!
If you are in business and would like to grow your business, learn new ideas, and meet other business professionals, call me at 317-573-1880 and I will put you on the list for a networking gathering at Woodland Bowl Putt-Putt course on October 14th from 5:30-7:30pm. Food and drink are provided as well as the fun times and new connections.
The market continues to be hot, even though it has cooled off a bit. Below are some stats comparing August 2021 to August 2020 courtesy of MIBOR. FYI-interest rates are climbing and are around 3.125% as of today. If you are thinking of buying now is the time to do so and there isn’t nearly as much competition as there was earlier this year.
Median Sales Price-$252,500-UP 10.7%
Closed Sales-3,796 units-UP 1.1%
New Listings-4,187 units-UP 7.4%
Pending Sales-4,222 units-UP 8.8%
Days on Market-17 days-DOWN 41.4%
Price/s.f.-$147-UP 14.0%
% of Ask Received-101.0%-UP 2.0%
Active Inventory-2,493 units-DOWN 16.4%
Absorption Rate-0.7 months-DOWN 12.5%
Thank you for reading this far!!! We hope you enjoy this month’s newsletter full of fun articles, stories, facts, and tidbits. Enjoy your Fall!!!
Your Friends in Real Estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret! Click here to read our October newsletter
Monday, August 30, 2021
September 2021 newsletter
Happy Labor Day and end of summer! It seems like the older I get, the faster summer goes. We hope you had a great summer and were able to make some fun memories with those you care about. For us, that meant some time with Brigid’s family who was all in Indy for about a week. We were able to get some really good family photos set in a park in Brownsburg.
Our BIG news is that our oldest daughter Ana is not only a junior at Guerin, but moreover has her learner’s permit and is driving! Yikes! I still can’t believe we are old enough to have a teen driver. Time just continues to go too fast. I am not at all looking forward to the day Ana goes to college. She is spending Fall Break with Brigid, a friend of hers and her mom to do some college visits to Clemson, UNC-Chapel Hill, Charleston, and Georgia. We will see how those go. Tali is in the thick of preparing for winter cheer competition schedule learning her routines and new stunts and tumbling skills. Her stunt group is one of the best in the gym and she absolutely loves it! Unfortunately, she hurt her heal 2-weeks ago and has been in a walking boot to get better.
Brigid and I are converting our screened porch into a sun room right now and doing everything except for the electrical ourselves. This is a huge project, but we are learning a lot and saving about 75% of the cost than to have a pro do it! We hope to have it complete by our next newsletter. I will let you know how it goes.
Thea is in the heat of weddings this summer and fall as she is at the age of friends getting married and so many were postponed from last year. Lots of traveling. Kylie is enjoying having the kids back in school and being able to work at the office more regularly. Patti is enjoying a 2-week vacation right now in Florida. We hope she is able to relax and enjoy some needed downtime with Ron.
The housing market took its usual summer break around July 4th. That lasts until about mid-August, so we are seeing activity pick up again. There are SO many changes happening right now in our industry it is hard to keep up. Many brokerage consolidations (we are not one of them), new technology, new services, etc. Speaking of new services, we will be offering starting August 30th Keller Offers. This service is an alternative to the ‘traditional’ way of selling your house in which we buy your house for cash and allow you to stay in it for up to 90-days with no showings or work done on your house. Additionally, debuting in Q1 2022, will be Keller Concierge whereby we can advance you an interest-free loan to get your house ready for sale, such as paying for new carpet, paint, updating the kitchen, baths, etc. Stay tuned for more information on these exciting new opportunities for only Keller Williams’ clients.
The Indy housing market remains hot and is predicted to remain so for some time. If you or someone you know is thinking about buying, selling, or building a new home in the future, please call me at 317-573-1880. We would love to help any way we can even if your plans are off in the horizon. It is never too early to start a conversation! Here are the latest market stats from MIBOR comparing July 2021 to June 2021:
Median Sales Price-UP 3.8% to $260,000
Closed Sales-DOWN 4.0% to 3,794 units
New Listings-UP 0.1% to 4,392 units
Pending Sales-UP 3.0% to 4,021 units
Days on Market-No change at 14 days
Price per s.f.-UP 0.7% to $147
% of Ask Received-DOWN 0.3% to 101.6%
Active Inventory-UP 21.9% to 2,498 units
Absorption Rate-UP 40% to 0.7 months
It is interesting to note that the median sales price has increased by 15.6% in the past 12-months alone and days on market is down 54.8% in the same period!
Thank you to everyone who attended Shred/Recycling day in August. We had another incredible turnout and hope to have another one yet this year. Our August Happy Hour also had a great turnout, except that it rained toward the end. We appreciate everyone who stayed and hung out. Don’t miss our next Happy Hour on Thursday, September 16th from 5-6:30pm at Matt The Millers. Please RSVP to Patti at Patt@Welcome2Indy.com.
Enjoy the end of summer and we hope to see you at Happy Hour this month!!!
Your Friends in Real Estate,
Steve, Kylie, Thea, Patti
P.S. Please don’t keep us a secret!!
Click here to read our September newsletter
Our BIG news is that our oldest daughter Ana is not only a junior at Guerin, but moreover has her learner’s permit and is driving! Yikes! I still can’t believe we are old enough to have a teen driver. Time just continues to go too fast. I am not at all looking forward to the day Ana goes to college. She is spending Fall Break with Brigid, a friend of hers and her mom to do some college visits to Clemson, UNC-Chapel Hill, Charleston, and Georgia. We will see how those go. Tali is in the thick of preparing for winter cheer competition schedule learning her routines and new stunts and tumbling skills. Her stunt group is one of the best in the gym and she absolutely loves it! Unfortunately, she hurt her heal 2-weeks ago and has been in a walking boot to get better.
Brigid and I are converting our screened porch into a sun room right now and doing everything except for the electrical ourselves. This is a huge project, but we are learning a lot and saving about 75% of the cost than to have a pro do it! We hope to have it complete by our next newsletter. I will let you know how it goes.
Thea is in the heat of weddings this summer and fall as she is at the age of friends getting married and so many were postponed from last year. Lots of traveling. Kylie is enjoying having the kids back in school and being able to work at the office more regularly. Patti is enjoying a 2-week vacation right now in Florida. We hope she is able to relax and enjoy some needed downtime with Ron.
The housing market took its usual summer break around July 4th. That lasts until about mid-August, so we are seeing activity pick up again. There are SO many changes happening right now in our industry it is hard to keep up. Many brokerage consolidations (we are not one of them), new technology, new services, etc. Speaking of new services, we will be offering starting August 30th Keller Offers. This service is an alternative to the ‘traditional’ way of selling your house in which we buy your house for cash and allow you to stay in it for up to 90-days with no showings or work done on your house. Additionally, debuting in Q1 2022, will be Keller Concierge whereby we can advance you an interest-free loan to get your house ready for sale, such as paying for new carpet, paint, updating the kitchen, baths, etc. Stay tuned for more information on these exciting new opportunities for only Keller Williams’ clients.
The Indy housing market remains hot and is predicted to remain so for some time. If you or someone you know is thinking about buying, selling, or building a new home in the future, please call me at 317-573-1880. We would love to help any way we can even if your plans are off in the horizon. It is never too early to start a conversation! Here are the latest market stats from MIBOR comparing July 2021 to June 2021:
Median Sales Price-UP 3.8% to $260,000
Closed Sales-DOWN 4.0% to 3,794 units
New Listings-UP 0.1% to 4,392 units
Pending Sales-UP 3.0% to 4,021 units
Days on Market-No change at 14 days
Price per s.f.-UP 0.7% to $147
% of Ask Received-DOWN 0.3% to 101.6%
Active Inventory-UP 21.9% to 2,498 units
Absorption Rate-UP 40% to 0.7 months
It is interesting to note that the median sales price has increased by 15.6% in the past 12-months alone and days on market is down 54.8% in the same period!
Thank you to everyone who attended Shred/Recycling day in August. We had another incredible turnout and hope to have another one yet this year. Our August Happy Hour also had a great turnout, except that it rained toward the end. We appreciate everyone who stayed and hung out. Don’t miss our next Happy Hour on Thursday, September 16th from 5-6:30pm at Matt The Millers. Please RSVP to Patti at Patt@Welcome2Indy.com.
Enjoy the end of summer and we hope to see you at Happy Hour this month!!!
Your Friends in Real Estate,
Steve, Kylie, Thea, Patti
P.S. Please don’t keep us a secret!!
Click here to read our September newsletter
Monday, July 26, 2021
August 2021 Newsletter
Welcome to the ‘dog days’ of August! The temperature has finally reached what we expect during the summer and school is about back in session. Where did the summer go? We hope you were able to take some time away and enjoy a vacation or two to get a change in scenery. In my last newsletter, I mentioned we travelled to Jackson, WY to see Yellowstone National Park, which was gorgeous. Later this week, I travel to Cleveland to see my three college roommates from Xavier. Last summer was our 25-year college reunion, which was cancelled and we had all agreed to meet at Xavier to celebrate together. When that was cancelled, we agreed to meet in Cleveland this summer, which is where one of the roommates lives. It has been about 20-years since we have all been together. A LOT has changed since we graduated, but our friendship has remained strong…and we are grateful for that. Hope you are able to reconnect with some old friends, too this year!
Ana is going to be a junior at Guerin this year and is already back in summer soccer practice. She did very well at her first exhibition tournament this weekend not losing one game. Tali is still practicing cheer and moved up in teams so the practices and stunts are getting harder, but she loves it! Brigid is still working from home and will be for the rest of her Merck career. She is grateful for that.
Our team has had a lot of distractions this summer. Kylie’s babysitter has had a death in the family causing Kylie to have to work from home quite a bit lately. Thea had a death in the family that took her home to Cleveland for awhile along with many weddings this summer and fall. Patti was rear-ended in a car accident and has been going to the doctor and dealing with her car and insurance companies. All-in-all, we have had our challenges, to be sure. However, we work so well as a team and have been supporting and covering for each other. We are a strong work family.
We hope you were able to join us for our July Happy Hour. We had a great turnout again and really enjoyed being outside on the patio. Thank you, again for Keith Pemberton with Pemberton Insurance for being our gracious sponsor. He is outstanding if you are looking for a new insurance company. Our August Happy Hour is on Thursday, August 19th from 5-6:30pm at Matt The Miller’s again in Carmel. If the weather cooperates, we will be back outside on the patio as that is a crowd favorite. Bill Maki with The Kaveri Group is back to sponsor again this year-thank you, Bill!!! Bill is an IT and video expert. We have used Bill for our own team work as well as clients and he does an amazing job!! Give me a call if you would like to learn more about Bill and how you might be able to hire him.
Shred Day is back!! Mark your calendars now for Thursday, August 19th (same day as our Happy Hour) from 10AM-noon in our office parking lot. We will also take your recycling items. This is always popular…and it is absolutely FREE.
The real estate market is taking its usual July slow down. We don’t know if this is going to be long-term or short-term, but it is cooling off a bit. Houses are staying on the market longer, we are seeing price reductions for the first time in a LONG time and buyers are appearing more fickle. Check out the stats below from MIBOR. Bottom line, if you are still on the fence about selling, NOW is the time to talk to us. Interest rates have also dropped to below 3% again. Lumber prices, while still high are lowering. Change is coming. Talk with us today to see if the time is right for you to make a move.
Data from MIBOR comparing June 2021 to May 2021:
Median Sales Price-$250,000-DOWN 2% from $255,000
Closed Sales-3,897 units-UP 13.8%
New Listings-4,357 units-UP 11.1%
Pending Sales-4,130 units-UP 5.6%
Days on Market-14 days-DOWN 6.7%
Price per s.f.-$146-UP 0.7%
% of Ask Received-101.9%-UP 0.4% (this is an all-time record!)
Active Inventory-2,018 units-UP 17.3%
Absorption Rate-0.5-No change
This has been an absolutely BRUTAL market this past couple of years. Thank you for your continued trust and confidence in us to GUIDE, LEAD, and PROTECT you through this unprecedented time. Know we are always here for you and those you care about. Who is the next person you know who needs our help?
Enjoy this month’s newsletter! Some fun articles in there about a cool time capsule, employee safety, some great book suggestions, and great info on sunscreen. Let us know what you think!
Click here to read our August newsletter
Your friends in real estate,
Steve, Kylie, Thea, and Patti
The Zulu Group, P.C.
P.S. Please don’t keep us a secret!
Ana is going to be a junior at Guerin this year and is already back in summer soccer practice. She did very well at her first exhibition tournament this weekend not losing one game. Tali is still practicing cheer and moved up in teams so the practices and stunts are getting harder, but she loves it! Brigid is still working from home and will be for the rest of her Merck career. She is grateful for that.
Our team has had a lot of distractions this summer. Kylie’s babysitter has had a death in the family causing Kylie to have to work from home quite a bit lately. Thea had a death in the family that took her home to Cleveland for awhile along with many weddings this summer and fall. Patti was rear-ended in a car accident and has been going to the doctor and dealing with her car and insurance companies. All-in-all, we have had our challenges, to be sure. However, we work so well as a team and have been supporting and covering for each other. We are a strong work family.
We hope you were able to join us for our July Happy Hour. We had a great turnout again and really enjoyed being outside on the patio. Thank you, again for Keith Pemberton with Pemberton Insurance for being our gracious sponsor. He is outstanding if you are looking for a new insurance company. Our August Happy Hour is on Thursday, August 19th from 5-6:30pm at Matt The Miller’s again in Carmel. If the weather cooperates, we will be back outside on the patio as that is a crowd favorite. Bill Maki with The Kaveri Group is back to sponsor again this year-thank you, Bill!!! Bill is an IT and video expert. We have used Bill for our own team work as well as clients and he does an amazing job!! Give me a call if you would like to learn more about Bill and how you might be able to hire him.
Shred Day is back!! Mark your calendars now for Thursday, August 19th (same day as our Happy Hour) from 10AM-noon in our office parking lot. We will also take your recycling items. This is always popular…and it is absolutely FREE.
The real estate market is taking its usual July slow down. We don’t know if this is going to be long-term or short-term, but it is cooling off a bit. Houses are staying on the market longer, we are seeing price reductions for the first time in a LONG time and buyers are appearing more fickle. Check out the stats below from MIBOR. Bottom line, if you are still on the fence about selling, NOW is the time to talk to us. Interest rates have also dropped to below 3% again. Lumber prices, while still high are lowering. Change is coming. Talk with us today to see if the time is right for you to make a move.
Data from MIBOR comparing June 2021 to May 2021:
Median Sales Price-$250,000-DOWN 2% from $255,000
Closed Sales-3,897 units-UP 13.8%
New Listings-4,357 units-UP 11.1%
Pending Sales-4,130 units-UP 5.6%
Days on Market-14 days-DOWN 6.7%
Price per s.f.-$146-UP 0.7%
% of Ask Received-101.9%-UP 0.4% (this is an all-time record!)
Active Inventory-2,018 units-UP 17.3%
Absorption Rate-0.5-No change
This has been an absolutely BRUTAL market this past couple of years. Thank you for your continued trust and confidence in us to GUIDE, LEAD, and PROTECT you through this unprecedented time. Know we are always here for you and those you care about. Who is the next person you know who needs our help?
Enjoy this month’s newsletter! Some fun articles in there about a cool time capsule, employee safety, some great book suggestions, and great info on sunscreen. Let us know what you think!
Click here to read our August newsletter
Your friends in real estate,
Steve, Kylie, Thea, and Patti
The Zulu Group, P.C.
P.S. Please don’t keep us a secret!
Sunday, June 27, 2021
July 2021 newsletter
Welcome officially to summer…and Happy Father’s Day to all of you dads!! This year, both events fell on the same day, June 21st. We hope you enjoyed summer solstice celebrating dad. For us, it was pretty relaxing and was enjoyed by having the family around and also Jack and Mary Anne stopped by for a little celebration as well.
The week prior, we were on our trip to Jackson Hole, WY. We had great weather and really loved being in nature. That is truly God’s country. We saw elk, deer, bald eagles, bison, moose, and bears to name a few. Weather ranged from snow flurries to 90-degrees! Whitewater rafting, swimming, hiking, dirt buggying, ropes courses, and Alpine slides to name a few were enjoyed over the week.
The BIG part of this past month was getting to celebrate Thea’s wedding last year with her reception last week. While delayed a year, we had a grand evening at The Scottish Rite Cathedral eating, drinking and dancing the night away, with both a DJ and Greek musicians. It was a LOT of fun and our team was so incredibly excited to finally celebrate with Thea. She even had a fun open house at her ‘new home’ the next day full of Greek food. Congratulations, again, Thea and Michael!!! We are so incredibly happy for you both!
Summer is here and school is out, so social activities are in full swing. Our kids are enjoying spending more time with friends and relaxing. School will be here before we know it and back to the school year grind we go! Ana is already in soccer practice getting ready for the fall season with Guerin. Tali moved up a level in competitive cheer and is practicing throughout the summer. It never seems to stop.
We truly hope you are able to take some time off this summer to relax and enjoy some downtime. That is truly important.
We had another amazing turnout at our June Happy Hour. Thank you to Shellie Law with Wheaton Van Lines (shellie.Law@WheatonMoving.com) for sponsoring this month and also to Scott Hodgin for winning her drawing for an Amazon gift card! We hope you will join us in July on Thursday, July 16th from 5-6:30pm at Matt The Miller’s again. FREE food and drinks! Feel free to bring a friend.
Thank you to everyone who called in for our FUN quarterly prize package, which was laps at the IMS in a race car and a day of fun at SIK. Look for our 3rd quarter prize giveaway in the coming weeks!
Are you or someone you know thinking about buying, selling, or building a new home? Now, more than ever is critically important to talk with a real estate expert who can guide, lead, and protect you in this absolutely CRAZY market. We have proven tactics, systems and processes to help you navigate these dangerous waters. Call us today!
The real estate market continues to be white-hot. Our inventory shrank again and we only have 0.5 months (two weeks) of inventory! We are starting to see listings stay on the market a little longer and many have had price reductions as well. Is this a sign the market is finally showing signs of a shift back to a buyers’ market? Too soon to tell, but most real estate experts are still predicting a strong sellers’ market until 2023. Below are the most recent stats from MIBOR comparing May 2021 to April 2021.
Median Sales Price-UP 7.2% to $255,000
Closed Sales-UP 9.7% to 3,386 units
New Listings-DOWN 4.4% to 3,889 units
Pending Sales-UP 11.5% to 4,061 units
Days on Market-DOWN 16.7% to 15 days
Price per s.f.-UP 4.3% to $146
% of Ask Received-UP 0.9% to 101.5%
Active inventory-DOWN 8.3% to 1,704 units
Absorption Rate-DOWN 16.7% to 0.5 months (2-weeks)
As you can see, our market keeps getting tighter and tighter. We are seeing lumber prices finally coming down, which will hopefully and eventually ease pressure from out-of-control builder pricing. The summer usually sees a bit of a pull-back in buyer demand as buyers take a break from house-hunting and go on vacations. We will see if that holds true this year or not.
Don’t forget to check out this month’s newsletter which has some interesting articles on Hershey, how to protect your pet, what Sesame Street can teach you about public speaking, and some interesting stats on high school seniors. Please tell us what you think and share your thoughts.
Click here to read our July newsletter
Click here to access coupons and discounts at stores you shop every day
Click here to read what our clients are saying about us
Click here to download the best real estate app available
Your friends in real estate,
Steve, Kylie, Thea, and Patti
P.S. Please don’t keep us a secret!
The week prior, we were on our trip to Jackson Hole, WY. We had great weather and really loved being in nature. That is truly God’s country. We saw elk, deer, bald eagles, bison, moose, and bears to name a few. Weather ranged from snow flurries to 90-degrees! Whitewater rafting, swimming, hiking, dirt buggying, ropes courses, and Alpine slides to name a few were enjoyed over the week.
The BIG part of this past month was getting to celebrate Thea’s wedding last year with her reception last week. While delayed a year, we had a grand evening at The Scottish Rite Cathedral eating, drinking and dancing the night away, with both a DJ and Greek musicians. It was a LOT of fun and our team was so incredibly excited to finally celebrate with Thea. She even had a fun open house at her ‘new home’ the next day full of Greek food. Congratulations, again, Thea and Michael!!! We are so incredibly happy for you both!
Summer is here and school is out, so social activities are in full swing. Our kids are enjoying spending more time with friends and relaxing. School will be here before we know it and back to the school year grind we go! Ana is already in soccer practice getting ready for the fall season with Guerin. Tali moved up a level in competitive cheer and is practicing throughout the summer. It never seems to stop.
We truly hope you are able to take some time off this summer to relax and enjoy some downtime. That is truly important.
We had another amazing turnout at our June Happy Hour. Thank you to Shellie Law with Wheaton Van Lines (shellie.Law@WheatonMoving.com) for sponsoring this month and also to Scott Hodgin for winning her drawing for an Amazon gift card! We hope you will join us in July on Thursday, July 16th from 5-6:30pm at Matt The Miller’s again. FREE food and drinks! Feel free to bring a friend.
Thank you to everyone who called in for our FUN quarterly prize package, which was laps at the IMS in a race car and a day of fun at SIK. Look for our 3rd quarter prize giveaway in the coming weeks!
Are you or someone you know thinking about buying, selling, or building a new home? Now, more than ever is critically important to talk with a real estate expert who can guide, lead, and protect you in this absolutely CRAZY market. We have proven tactics, systems and processes to help you navigate these dangerous waters. Call us today!
The real estate market continues to be white-hot. Our inventory shrank again and we only have 0.5 months (two weeks) of inventory! We are starting to see listings stay on the market a little longer and many have had price reductions as well. Is this a sign the market is finally showing signs of a shift back to a buyers’ market? Too soon to tell, but most real estate experts are still predicting a strong sellers’ market until 2023. Below are the most recent stats from MIBOR comparing May 2021 to April 2021.
Median Sales Price-UP 7.2% to $255,000
Closed Sales-UP 9.7% to 3,386 units
New Listings-DOWN 4.4% to 3,889 units
Pending Sales-UP 11.5% to 4,061 units
Days on Market-DOWN 16.7% to 15 days
Price per s.f.-UP 4.3% to $146
% of Ask Received-UP 0.9% to 101.5%
Active inventory-DOWN 8.3% to 1,704 units
Absorption Rate-DOWN 16.7% to 0.5 months (2-weeks)
As you can see, our market keeps getting tighter and tighter. We are seeing lumber prices finally coming down, which will hopefully and eventually ease pressure from out-of-control builder pricing. The summer usually sees a bit of a pull-back in buyer demand as buyers take a break from house-hunting and go on vacations. We will see if that holds true this year or not.
Don’t forget to check out this month’s newsletter which has some interesting articles on Hershey, how to protect your pet, what Sesame Street can teach you about public speaking, and some interesting stats on high school seniors. Please tell us what you think and share your thoughts.
Click here to read our July newsletter
Click here to access coupons and discounts at stores you shop every day
Click here to read what our clients are saying about us
Click here to download the best real estate app available
Your friends in real estate,
Steve, Kylie, Thea, and Patti
P.S. Please don’t keep us a secret!
Sunday, May 23, 2021
June 2021 Newsletter
Summer is just about here! I don’t know about you, but this year has seemed like it has flown by and also crawled along. My family is ready for a little break along with warmer weather. We are going to take a nice trip to Jackson Hole, WY at the beginning of June for a week to get away and enjoy nature. Brigid and I have been there before our girls were born and loved it! We can’t wait!!! We hope you are looking forward to taking a break as well this summer and taking in some new scenery and a little R and R.
Lots of news to share this month!!
First of all, I was totally surprised and greatly honored to be named the 2020 REALTOR of The Year!! Being recognized by my peers for this honor is beyond flattering and amazing, especially given how many other extremely deserving people were considered. It is always my intention to deliver the highest service and ethics for each client every time. Thank you to each of our clients for the privilege to help you and those you care about during such an important time in your lives. This wouldn’t be possible without the absolute BEST team in the biz!!! Kylie, Patti, and Thea are simply amazing and so good at what they do serving our clients. We are honored.
Our May Happy Hour was extremely well attended as we were able to host it outside last week at Matt The Miller’s. Patty Thornberry with Security Home Inspections was our sponsor and our long-time home inspection partner. If you are thinking of buying, selling, or building, give Patty a call at 317-848-1744 and know her team will take outstanding care of you and those you care about.
Our June Happy Hour will be on Thursday, June 17th from 5-6:30pm at Matt The Miller’s again. We hope you will join us and celebrate the official start to summer!
On June 8th at 7pm is our next How to Sell Your House seminar series. If you or someone you know is thinking of selling and has lived in your house for more than 10-years and don’t know where to start or what has changed since you last bought your house, this is the seminar for you. E-mail me at steve@Welcome2Indy.com and I’ll give you more details.
Our 2nd quarterly prize giveaway is this Wednesday, May 26th from 10AM-3PM. Call us at 317-426-6108. You will automatically be entered into the contest. For every referral you give us, we will give you 5 more entries and there is no limit!!! You are playing for an adrenaline prize package. This is co-sponsored by Rojas Roofing-765-543-4540. If you have any roofing needs, please call them. They can be trusted and go great work at a fair price. You will start the day at the storied IMS track and you and a friend will each get to ride in a 2-seater Indy car driven by a professional driver around the track at speeds over 120mph+. You will then head to SIK for you and 3 of your friends to try your racing skills at some go-kart racing. We will have some swag waiting for you as well. You will enjoy a pizza and drinks for lunch and then try your hand at axe trowing followed by mini bowling. This package is valued at over $1,500!!!! So, call us on Wednesday and get your name entered to win the experience of a lifetime!!
We have been getting lots of calls regarding home valuations. Do you know what yours is? Call me at 317-573-1880 to set up a time to discuss how the market is affecting your house and what some options are if you are looking to make a move.
The real estate market continues to be white hot as you can see from the stats below from MIBOR comparing March 2021-April 2021. Unreal!!!
Median Sales Price-UP 4.8% to $237,500
Closed Sales-UP 7.4% to 3,033 units
New Listings-UP 18.7% to 4,025 units
Pending Sales-UP 12.4% to 3,784 units
Days on Market-DOWN 13.6% to 19 days
Price per s.f.-UP 5.3% to $140
% of Ask Received-UP 0.9% to 100.6%<——————this is HUGE!
Active Inventory-UP 12.9% to 1,825 units
Absorption Rate-No change at 0.6 months (about 2-weeks)
Bottom line, our inventory is almost non-existent and virtually everything that is selling is selling with multiple offers above asking price.
We hope you have a great Memorial Day weekend and are able to enjoy some downtime. Please give us a call when we can help you or someone you care about. Honestly, that is how we stay in business!
Enjoy your June newsletter!! It has some fun articles you are sure you love!!
Your friends in real estate,
Steve, Patti, Kylie, Thea
P.S. Please don’t keep us a secret!
Click here to watch an intro video to this month’s newsletter from Steve
Click here to read the June newsletter
Click here to download the most powerful real estate app available
Click here to watch Steve talk about what is trending in real estate right now
Click here to access coupons and discounts at places you shop every day
Click here to see what our clients have to say about us
Lots of news to share this month!!
First of all, I was totally surprised and greatly honored to be named the 2020 REALTOR of The Year!! Being recognized by my peers for this honor is beyond flattering and amazing, especially given how many other extremely deserving people were considered. It is always my intention to deliver the highest service and ethics for each client every time. Thank you to each of our clients for the privilege to help you and those you care about during such an important time in your lives. This wouldn’t be possible without the absolute BEST team in the biz!!! Kylie, Patti, and Thea are simply amazing and so good at what they do serving our clients. We are honored.
Our May Happy Hour was extremely well attended as we were able to host it outside last week at Matt The Miller’s. Patty Thornberry with Security Home Inspections was our sponsor and our long-time home inspection partner. If you are thinking of buying, selling, or building, give Patty a call at 317-848-1744 and know her team will take outstanding care of you and those you care about.
Our June Happy Hour will be on Thursday, June 17th from 5-6:30pm at Matt The Miller’s again. We hope you will join us and celebrate the official start to summer!
On June 8th at 7pm is our next How to Sell Your House seminar series. If you or someone you know is thinking of selling and has lived in your house for more than 10-years and don’t know where to start or what has changed since you last bought your house, this is the seminar for you. E-mail me at steve@Welcome2Indy.com and I’ll give you more details.
Our 2nd quarterly prize giveaway is this Wednesday, May 26th from 10AM-3PM. Call us at 317-426-6108. You will automatically be entered into the contest. For every referral you give us, we will give you 5 more entries and there is no limit!!! You are playing for an adrenaline prize package. This is co-sponsored by Rojas Roofing-765-543-4540. If you have any roofing needs, please call them. They can be trusted and go great work at a fair price. You will start the day at the storied IMS track and you and a friend will each get to ride in a 2-seater Indy car driven by a professional driver around the track at speeds over 120mph+. You will then head to SIK for you and 3 of your friends to try your racing skills at some go-kart racing. We will have some swag waiting for you as well. You will enjoy a pizza and drinks for lunch and then try your hand at axe trowing followed by mini bowling. This package is valued at over $1,500!!!! So, call us on Wednesday and get your name entered to win the experience of a lifetime!!
We have been getting lots of calls regarding home valuations. Do you know what yours is? Call me at 317-573-1880 to set up a time to discuss how the market is affecting your house and what some options are if you are looking to make a move.
The real estate market continues to be white hot as you can see from the stats below from MIBOR comparing March 2021-April 2021. Unreal!!!
Median Sales Price-UP 4.8% to $237,500
Closed Sales-UP 7.4% to 3,033 units
New Listings-UP 18.7% to 4,025 units
Pending Sales-UP 12.4% to 3,784 units
Days on Market-DOWN 13.6% to 19 days
Price per s.f.-UP 5.3% to $140
% of Ask Received-UP 0.9% to 100.6%<——————this is HUGE!
Active Inventory-UP 12.9% to 1,825 units
Absorption Rate-No change at 0.6 months (about 2-weeks)
Bottom line, our inventory is almost non-existent and virtually everything that is selling is selling with multiple offers above asking price.
We hope you have a great Memorial Day weekend and are able to enjoy some downtime. Please give us a call when we can help you or someone you care about. Honestly, that is how we stay in business!
Enjoy your June newsletter!! It has some fun articles you are sure you love!!
Your friends in real estate,
Steve, Patti, Kylie, Thea
P.S. Please don’t keep us a secret!
Click here to watch an intro video to this month’s newsletter from Steve
Click here to read the June newsletter
Click here to download the most powerful real estate app available
Click here to watch Steve talk about what is trending in real estate right now
Click here to access coupons and discounts at places you shop every day
Click here to see what our clients have to say about us
Sunday, May 02, 2021
May 2021 newsletter
Welcome to the month of May! For Indianapolis, that usually means a busy month centered around the IMS. While as of this writing the race will go on, just with limited attendance, we can start to feel a return to some kind of normalcy that so many of us have craved for over a year now. It also means Mother’s Day!!! We hope you have something special planned to celebrate mom next weekend.
COVID has been rough on everyone. I got it in October 2020. It was a mild case, but not fun. Fortunately, my family somehow escaped it, thank goodness. However, many people have not been so lucky. In fact, I have lost two friends due to COVID. Fortunately, I was able to see both of them shortly before they passed, but it really hits home. Brigid and I received our 2nd vaccine over one week ago. Less than one week until we hit the ‘fully vaccinated’ status. We can’t wait! We hope you and your loved ones have been able to get vaccinated so we all can put the worst part of this behind us.
Two weeks ago, our family was finally able to take a much needed vacation. Like most of us, being cooped up for the past year has taken a toll on us. Brigid and Tali went to Miami, FL for a few days to see some former neighbors as Tali and their daughter are still best friends. They had a blast! Ana was finishing school that week, so she and I stayed home and joined them on Friday where we all drove to Marco Island for several days and spent time with Brigid’s parents, laid by the pool and played on the beach. Absolutely, medicine for the soul! We finished with five days at Universal Studios. We had never been, so it was a real treat. Brigid found an amazing deal allowing us to stay on property, get admission tickets to the park AND get the Unlimited Express Pass as well!! Let me tell you, that was AMAZING. We stood in line no more than 10-minutes the entire time and rode some coasters as many as eight times! Harry Potter World is unbelievable and the kids absolutely LOVED every minute of it. If you have kids and like thrill rides and/or Harry Potter, we highly recommend going, especially during this time of reduced capacity.
Last week was extremely busy for our team. We hope you were able to take advantage of some/all of our events we hosted to celebrate you. We brought back our smashingly successful Shred/Recycle Day on Earth Day last Thursday. We had over 200 cars come through. Hope you were able to stop by. Later that day we hosted our monthly Happy Hour at Matt The Miller’s. We had a great group of clients and referral partners and we are grateful for Rojas Roofing for sponsoring this month. Finally, on Saturday, we hosted about 80 clients at our annual Spring Client Appreciation event at Sundown Gardens in Westfield. We had workshops and gave away free flowers and everyone got a discount on everything in the store!! Hope you were able to join us!
Upcoming events for May-lots going on!!! On Tuesday, May 11th from 7-8:30pm, I am hosting the next step in our 3-part series on How to Best Prepare Your Home for Sale. This is specifically geared to sellers who have lived in their home a long time and don’t know where to start. Regardless of your situation, come and join us. Send me an e-mail to RSVP by May 10th-Events@Welcome2Indy.com.
On Thursday, May 20th from 5-6:30pm is our next Happy Hour at Matt The Miller’s again. Come join us!! Free food and drink! RSVP to Events@Welcome2Indy.com.
On Wednesday, May 26th, we are hosting our Quarterly Prize Giveaway. Call in from 10AM-3PM that day to register to win an amazing racing-themed prize package. Call 317-426-6108. You are playing for laps around the IMS in a 2-seater IndyCar with a professional race car driver, a Karting racing experience at Sarah Fisher’s SIK facility, axe throwing games, mini-bowling games, and lots of swag. If you like speed and adrenaline, you do NOT want to miss this prize package…and right before the Indy 500!! Join us for our May Happy Hour on Thursday, May 20th from 5-6:30pm at Matt The Miller’s in Carmel. Please RSVP by 5pm on May 18th to Events@Welcome2Indy.com. Drinks/food provided and guests are welcome!
You are going to start noticing information we are sending out regarding our ‘What’s Your Home Worth’ campaign. We are getting quite a few calls from clients asking what their home is worth now in this crazy market. The on-line home values like Zillow, etc. are not remotely accurate-some values are super high and others super low. Use this link to schedule a quick 15-minute call with me to find out what your house is truly worth right now https://calendly.com/steverupp/15min. There is a short form to complete and provide some basic info so we can be prepared for our conversation.
What is YOUR number??? If I were to show up on your door step with a cash buyer who wanted to buy your house, what number would have to be on the offer to make YOU move? Send me an e-mail (or schedule a meeting-see link above) and tell me what your ‘make me move’ number is. We will make a note of it and tell our many buyers that if they are interested in your house, the conversation starts at that number. We already have many clients in our database who have given us their number. E-mail me today at steve@Welcome2Indy.com to give me yours!
Check out our new video series Raw and Real where I talk about commonly-asked questions and relevant real estate topics in a short and fun video. Check out our first one here. I discuss what fair market value is and how it directly impacts our market and the price of your house.
Finally, our market update for March compared to February 2021. Our market is WHITE HOT. Inventory continues to shrink and builders can’t keep up with demand. Some builders sold ALL of their 2021 inventory in January!!! There are still more homes selling than are coming on the market, even though there were more than 1,100 additional homes that came on the market in March versus February, so that is good. Below are the numbers from MIBOR comparing March 2021 to February 2021:
Median Sales Price-$226,500-UP 1.6%
Closed Sales-2,775 units-UP 21.7%
New Listings-3,351-UP 52.0%
Pending Sales-3,509 units-UP 42.1%
Days on Market-23 days-DOWN 25.8%
Price per s.f.-$133-UP 2.3%
% of Ask Received-99.7%-UP 0.9%
Active Inventory-1,562 units-DOWN 1.5%
Absorption Rate-0.6 months-DOWN 14.3%
As you can see, inventory is getting worse, not better. Interest rates are helping to keep housing affordable still at around 13%. This means 13% of people’s gross monthly income is going toward their mortgage payment. This is still the 2nd lowest of all time. As long as interest rates stay low, we will continue to see this hot market. I do not see a contraction for some time. Most experts agree that 2023 is the earliest we will start to see a contraction. On average, homeowners have seen a 12% increase in their appreciation YTD. This is unprecedented. If you have ever given ANY thought to moving, NOW is your window to CASH OUT on the equity in your house. We have some effective options/strategies many of our clients have successfully used regarding their next home, so give us a call TODAY to talk through your options to see if NOW is a good time for you to take advantage of this historic housing market-317-573-1880.
Happy Mother’s Day to all moms! We hope you are loved on and pampered on your special day. We truly appreciate you and everything you do for us!!!
Click below to read our fun May newsletter as well as some other fun links:
Click here to watch a short video from Steve discussing events this month
Click here to read our May newsletter
Click here to read what clients have to say about us
Click here to get access to coupons and discounts at places you shop every day
Click here to download the most powerful real estate app available to search any home anywhere
Your Friends in Real Estate,
Steve, Kylie, Thea, and Patti
P.S. Please don’t keep us a secret!! Who is the next person you care about who needs our help? Give us a call TODAY at 317-573-1880 so we can get in touch with them and consult with them about their options. Thank you!
COVID has been rough on everyone. I got it in October 2020. It was a mild case, but not fun. Fortunately, my family somehow escaped it, thank goodness. However, many people have not been so lucky. In fact, I have lost two friends due to COVID. Fortunately, I was able to see both of them shortly before they passed, but it really hits home. Brigid and I received our 2nd vaccine over one week ago. Less than one week until we hit the ‘fully vaccinated’ status. We can’t wait! We hope you and your loved ones have been able to get vaccinated so we all can put the worst part of this behind us.
Two weeks ago, our family was finally able to take a much needed vacation. Like most of us, being cooped up for the past year has taken a toll on us. Brigid and Tali went to Miami, FL for a few days to see some former neighbors as Tali and their daughter are still best friends. They had a blast! Ana was finishing school that week, so she and I stayed home and joined them on Friday where we all drove to Marco Island for several days and spent time with Brigid’s parents, laid by the pool and played on the beach. Absolutely, medicine for the soul! We finished with five days at Universal Studios. We had never been, so it was a real treat. Brigid found an amazing deal allowing us to stay on property, get admission tickets to the park AND get the Unlimited Express Pass as well!! Let me tell you, that was AMAZING. We stood in line no more than 10-minutes the entire time and rode some coasters as many as eight times! Harry Potter World is unbelievable and the kids absolutely LOVED every minute of it. If you have kids and like thrill rides and/or Harry Potter, we highly recommend going, especially during this time of reduced capacity.
Last week was extremely busy for our team. We hope you were able to take advantage of some/all of our events we hosted to celebrate you. We brought back our smashingly successful Shred/Recycle Day on Earth Day last Thursday. We had over 200 cars come through. Hope you were able to stop by. Later that day we hosted our monthly Happy Hour at Matt The Miller’s. We had a great group of clients and referral partners and we are grateful for Rojas Roofing for sponsoring this month. Finally, on Saturday, we hosted about 80 clients at our annual Spring Client Appreciation event at Sundown Gardens in Westfield. We had workshops and gave away free flowers and everyone got a discount on everything in the store!! Hope you were able to join us!
Upcoming events for May-lots going on!!! On Tuesday, May 11th from 7-8:30pm, I am hosting the next step in our 3-part series on How to Best Prepare Your Home for Sale. This is specifically geared to sellers who have lived in their home a long time and don’t know where to start. Regardless of your situation, come and join us. Send me an e-mail to RSVP by May 10th-Events@Welcome2Indy.com.
On Thursday, May 20th from 5-6:30pm is our next Happy Hour at Matt The Miller’s again. Come join us!! Free food and drink! RSVP to Events@Welcome2Indy.com.
On Wednesday, May 26th, we are hosting our Quarterly Prize Giveaway. Call in from 10AM-3PM that day to register to win an amazing racing-themed prize package. Call 317-426-6108. You are playing for laps around the IMS in a 2-seater IndyCar with a professional race car driver, a Karting racing experience at Sarah Fisher’s SIK facility, axe throwing games, mini-bowling games, and lots of swag. If you like speed and adrenaline, you do NOT want to miss this prize package…and right before the Indy 500!! Join us for our May Happy Hour on Thursday, May 20th from 5-6:30pm at Matt The Miller’s in Carmel. Please RSVP by 5pm on May 18th to Events@Welcome2Indy.com. Drinks/food provided and guests are welcome!
You are going to start noticing information we are sending out regarding our ‘What’s Your Home Worth’ campaign. We are getting quite a few calls from clients asking what their home is worth now in this crazy market. The on-line home values like Zillow, etc. are not remotely accurate-some values are super high and others super low. Use this link to schedule a quick 15-minute call with me to find out what your house is truly worth right now https://calendly.com/steverupp/15min. There is a short form to complete and provide some basic info so we can be prepared for our conversation.
What is YOUR number??? If I were to show up on your door step with a cash buyer who wanted to buy your house, what number would have to be on the offer to make YOU move? Send me an e-mail (or schedule a meeting-see link above) and tell me what your ‘make me move’ number is. We will make a note of it and tell our many buyers that if they are interested in your house, the conversation starts at that number. We already have many clients in our database who have given us their number. E-mail me today at steve@Welcome2Indy.com to give me yours!
Check out our new video series Raw and Real where I talk about commonly-asked questions and relevant real estate topics in a short and fun video. Check out our first one here. I discuss what fair market value is and how it directly impacts our market and the price of your house.
Finally, our market update for March compared to February 2021. Our market is WHITE HOT. Inventory continues to shrink and builders can’t keep up with demand. Some builders sold ALL of their 2021 inventory in January!!! There are still more homes selling than are coming on the market, even though there were more than 1,100 additional homes that came on the market in March versus February, so that is good. Below are the numbers from MIBOR comparing March 2021 to February 2021:
Median Sales Price-$226,500-UP 1.6%
Closed Sales-2,775 units-UP 21.7%
New Listings-3,351-UP 52.0%
Pending Sales-3,509 units-UP 42.1%
Days on Market-23 days-DOWN 25.8%
Price per s.f.-$133-UP 2.3%
% of Ask Received-99.7%-UP 0.9%
Active Inventory-1,562 units-DOWN 1.5%
Absorption Rate-0.6 months-DOWN 14.3%
As you can see, inventory is getting worse, not better. Interest rates are helping to keep housing affordable still at around 13%. This means 13% of people’s gross monthly income is going toward their mortgage payment. This is still the 2nd lowest of all time. As long as interest rates stay low, we will continue to see this hot market. I do not see a contraction for some time. Most experts agree that 2023 is the earliest we will start to see a contraction. On average, homeowners have seen a 12% increase in their appreciation YTD. This is unprecedented. If you have ever given ANY thought to moving, NOW is your window to CASH OUT on the equity in your house. We have some effective options/strategies many of our clients have successfully used regarding their next home, so give us a call TODAY to talk through your options to see if NOW is a good time for you to take advantage of this historic housing market-317-573-1880.
Happy Mother’s Day to all moms! We hope you are loved on and pampered on your special day. We truly appreciate you and everything you do for us!!!
Click below to read our fun May newsletter as well as some other fun links:
Click here to watch a short video from Steve discussing events this month
Click here to read our May newsletter
Click here to read what clients have to say about us
Click here to get access to coupons and discounts at places you shop every day
Click here to download the most powerful real estate app available to search any home anywhere
Your Friends in Real Estate,
Steve, Kylie, Thea, and Patti
P.S. Please don’t keep us a secret!! Who is the next person you care about who needs our help? Give us a call TODAY at 317-573-1880 so we can get in touch with them and consult with them about their options. Thank you!
Saturday, March 27, 2021
April 2021 Newsletter
Welcome, Spring!!!! Well, not officially, but it sure feels like it! Regardless what the calendar says, we will take it! We hope you are enjoying some absolutely beautiful weather and are getting outside for some ‘vitamin D therapy’. We all can use some outside time after this past winter. Spring Break is just around the corner for most school systems. Unfortunately, Ana and Tali don’t have the same weeks off. Tali starts next Friday and Ana starts the following Friday. Brigid is taking Tali to Miami a week from Tuesday to see a neighbor who moved down there last year. Ana and I head down to Florida Friday of that week. We are headed for a few days to Marco Island and then on to Universal Studios to enjoy some much-needed R and R.
If you celebrate Easter, we are fast-approaching the most important holiday for many religions. We hope that you are able to enjoy Easter services this year with family, if you are able to do so safely. Hopefully, it will be beautiful weather to be out and about and have some fun Easter egg hunts-always my favorite!
Do you follow NCAA basketball? If so, did you fill out a bracket? If you did, my guess is it got busted faster that ever this year…at least mine did!!! There were more upsets this year than I can remember. Heck, my Xavier Musketeers didn’t even make the tournament this year, and that is rare. Only one Indiana team made it and that didn’t even go too well. At least Indianapolis is able to play host to every team and see some life back in downtown Indy. I am sure the hotels, restaurants and event venues are ecstatic!!!
Speaking of downtown Indy, Tali had two cheer competitions downtown over the past few weeks. It was nice to see people down there again, but boy, is Circle Centre Mall a shadow of itself. It is so sad to see 75% of the stores gone and the mall so empty. I remember vividly when it was THE place to go. Very sad. Tali had her last competition a couple of weeks ago in Sevierville, TN. They did very well and had a great time around Gatlinburg and the water park where we stayed. The season is over, but they are already preparing for next season.
Ana is already starting pre-season weight training for soccer at Guerin this fall. Both girls are doing extremely well in school and working hard. Ana is also working toward getting confirmed in the Catholic Church in May and is excited about that. She is also working on her driver’s ed course, too. Where did time go???
Patti has been working hard on some brand new marketing programs we have as well as a Relocation Guide for people moving to Indy. They look amazing and full of great content. If you or someone you know could use one, please let us know. We can e-mail or snail mail you a package.
Kylie continues to work hard improving our systems and processing our transactions. She is consistently THE go-to person in our office of over 275 people for systems/transaction/organization questions. She is what keeps our high level of service consistent!
Thea has been enjoying her puppy Ella and is going CRAZY with buyers in this HOT sellers’ market. There are FAR too many buyers chasing FAR too few houses for sale. Some builders have closed entire communities because they sold an ENTIRE year’s worth of inventory in JANUARY!!! Can you believe that? Never in my over two-decade career have I seen anything close to this.
Like so many of us (me included), we are watching our house value climb each month really making us think hard about whether we should sell in this unprecedented HOT market with super-low interest rates (around 3% as of this writing). Are you or someone you know tossing around the idea of selling? Fact-we have more buyers right now than we care of think about actively looking for homes. Could YOURS be a good fit for one of our many buyers? What is your ‘Make Me Move’ number? C’mon, just think about it. If I were to come to your house this week with a signed purchase agreement to buy your house and a check, what number would have to be on that check for you to say, ‘SOLD!’? Let us worry about where you are going next. We have some options for you that are working VERY well in this market. Seriously consider what YOUR number is and let us know. We are keeping a spreadsheet for all of our clients and when we have a buyer that matches your criteria, we will tell them the conversation starts at your ‘Make Me Move’ number. You save BIG money on commission and selling expenses and make your DREAM number you thought you could never get, and you don’t even have to put your house on the market and deal with a bunch of strangers roaming through your house. It is a win-win for everyone. Call me TODAY at 317-573-1880 and tell me YOUR number and we will see if any of our many buyers match your criteria and if not, we will make a note of it for the many future buyers we have coming to us for the beginning of the busy spring market.
Okay, now for some fun stuff!! You know we love to LOVE on our clients! :-) Here are THREE April events you don’t want to miss:
1) April Happy Hour. Due to spring break, we are pushing it back a week from usual. Come join us Thursday April 22 from 5-6:30pm at Matt The Miller’s in Carmel. RSVP to patti@Welcome2Indy.com. Food and drink provided. Thank you to Lisa Orecchio with 2-10 Home Warranty for sponsoring our March Happy Hour. We had a great turnout and lots of fun!! Our April Happy Hour is sponsored by Rojas Roofing. Chris Rojas is the owner and also a client of ours. They do an awesome job for our clients and you can TRUST them. Call me at 317-573-1880 if you would like their contact info.
2) SHRED Day-Also on Thursday, April 22. Back by popular demand, SHRED Day returns from 10AM-12PM in our office parking lot. Bring any documents you want securely destroyed as you wait and any electronic equipment you no longer need and we will safely and responsibly recycle it. Absolutely FREE to you!!! Spring Client Appreciation Event-Saturday, April 24 from 10AM-12PM at Sundown Gardens in Westfield. Come and get your spring plants and flowers and get an exclusive Zulu Group discount on all purchases as well a free gifts and prizes and refreshments. Landscape architects and Garden Center experts will be on hand to answer questions and provide FREE workshops on how to get the most out of your yard this season.
3) THANK YOU for being our client and/or trusted referral partner! We truly appreciate you and we know we couldn’t do what we love without your trust and support. Please call us anytime we can help you or someone you care about to get the absolute BEST service and knowledge of anyone in the city. We are proud to be serving the 3rd generation of some of our clients!
Below you will find the February 2021 vs. January 2021 real estate stats for Indy courtesy of MIBOR:
Median Sales Price-UP 5.4% to $223,500
Closed Sales-UP 8.2% to 2,243 units
New Listings-DOWN 8.9% to 2,178 units
Pending Sales-DOWN 6.8% to 2,584 units
Days on Market-DOWN 13.2% to 33 days
Price/s.f. Received-UP 3.2% to $130/s.f.
% of Ask received-UP 0.6% to 98.8%
Active Inventory-DOWN 17.8% to 1,577 units
Absorption Rate-DOWN 22.2% to 0.7 months
Your friends in real estate,
Steve, Kylie, Patti, Thea
P.S. Please don’t keep us a secret
Click here to watch an intro video to this months’ newsletter by Steve
Click here to read this month’s newsletter
Click here to download the most powerful real estate app available
Click here to read what our clients have to say about us
Click here to get coupons and discounts at places you shop every day
If you celebrate Easter, we are fast-approaching the most important holiday for many religions. We hope that you are able to enjoy Easter services this year with family, if you are able to do so safely. Hopefully, it will be beautiful weather to be out and about and have some fun Easter egg hunts-always my favorite!
Do you follow NCAA basketball? If so, did you fill out a bracket? If you did, my guess is it got busted faster that ever this year…at least mine did!!! There were more upsets this year than I can remember. Heck, my Xavier Musketeers didn’t even make the tournament this year, and that is rare. Only one Indiana team made it and that didn’t even go too well. At least Indianapolis is able to play host to every team and see some life back in downtown Indy. I am sure the hotels, restaurants and event venues are ecstatic!!!
Speaking of downtown Indy, Tali had two cheer competitions downtown over the past few weeks. It was nice to see people down there again, but boy, is Circle Centre Mall a shadow of itself. It is so sad to see 75% of the stores gone and the mall so empty. I remember vividly when it was THE place to go. Very sad. Tali had her last competition a couple of weeks ago in Sevierville, TN. They did very well and had a great time around Gatlinburg and the water park where we stayed. The season is over, but they are already preparing for next season.
Ana is already starting pre-season weight training for soccer at Guerin this fall. Both girls are doing extremely well in school and working hard. Ana is also working toward getting confirmed in the Catholic Church in May and is excited about that. She is also working on her driver’s ed course, too. Where did time go???
Patti has been working hard on some brand new marketing programs we have as well as a Relocation Guide for people moving to Indy. They look amazing and full of great content. If you or someone you know could use one, please let us know. We can e-mail or snail mail you a package.
Kylie continues to work hard improving our systems and processing our transactions. She is consistently THE go-to person in our office of over 275 people for systems/transaction/organization questions. She is what keeps our high level of service consistent!
Thea has been enjoying her puppy Ella and is going CRAZY with buyers in this HOT sellers’ market. There are FAR too many buyers chasing FAR too few houses for sale. Some builders have closed entire communities because they sold an ENTIRE year’s worth of inventory in JANUARY!!! Can you believe that? Never in my over two-decade career have I seen anything close to this.
Like so many of us (me included), we are watching our house value climb each month really making us think hard about whether we should sell in this unprecedented HOT market with super-low interest rates (around 3% as of this writing). Are you or someone you know tossing around the idea of selling? Fact-we have more buyers right now than we care of think about actively looking for homes. Could YOURS be a good fit for one of our many buyers? What is your ‘Make Me Move’ number? C’mon, just think about it. If I were to come to your house this week with a signed purchase agreement to buy your house and a check, what number would have to be on that check for you to say, ‘SOLD!’? Let us worry about where you are going next. We have some options for you that are working VERY well in this market. Seriously consider what YOUR number is and let us know. We are keeping a spreadsheet for all of our clients and when we have a buyer that matches your criteria, we will tell them the conversation starts at your ‘Make Me Move’ number. You save BIG money on commission and selling expenses and make your DREAM number you thought you could never get, and you don’t even have to put your house on the market and deal with a bunch of strangers roaming through your house. It is a win-win for everyone. Call me TODAY at 317-573-1880 and tell me YOUR number and we will see if any of our many buyers match your criteria and if not, we will make a note of it for the many future buyers we have coming to us for the beginning of the busy spring market.
Okay, now for some fun stuff!! You know we love to LOVE on our clients! :-) Here are THREE April events you don’t want to miss:
1) April Happy Hour. Due to spring break, we are pushing it back a week from usual. Come join us Thursday April 22 from 5-6:30pm at Matt The Miller’s in Carmel. RSVP to patti@Welcome2Indy.com. Food and drink provided. Thank you to Lisa Orecchio with 2-10 Home Warranty for sponsoring our March Happy Hour. We had a great turnout and lots of fun!! Our April Happy Hour is sponsored by Rojas Roofing. Chris Rojas is the owner and also a client of ours. They do an awesome job for our clients and you can TRUST them. Call me at 317-573-1880 if you would like their contact info.
2) SHRED Day-Also on Thursday, April 22. Back by popular demand, SHRED Day returns from 10AM-12PM in our office parking lot. Bring any documents you want securely destroyed as you wait and any electronic equipment you no longer need and we will safely and responsibly recycle it. Absolutely FREE to you!!! Spring Client Appreciation Event-Saturday, April 24 from 10AM-12PM at Sundown Gardens in Westfield. Come and get your spring plants and flowers and get an exclusive Zulu Group discount on all purchases as well a free gifts and prizes and refreshments. Landscape architects and Garden Center experts will be on hand to answer questions and provide FREE workshops on how to get the most out of your yard this season.
3) THANK YOU for being our client and/or trusted referral partner! We truly appreciate you and we know we couldn’t do what we love without your trust and support. Please call us anytime we can help you or someone you care about to get the absolute BEST service and knowledge of anyone in the city. We are proud to be serving the 3rd generation of some of our clients!
Below you will find the February 2021 vs. January 2021 real estate stats for Indy courtesy of MIBOR:
Median Sales Price-UP 5.4% to $223,500
Closed Sales-UP 8.2% to 2,243 units
New Listings-DOWN 8.9% to 2,178 units
Pending Sales-DOWN 6.8% to 2,584 units
Days on Market-DOWN 13.2% to 33 days
Price/s.f. Received-UP 3.2% to $130/s.f.
% of Ask received-UP 0.6% to 98.8%
Active Inventory-DOWN 17.8% to 1,577 units
Absorption Rate-DOWN 22.2% to 0.7 months
Your friends in real estate,
Steve, Kylie, Patti, Thea
P.S. Please don’t keep us a secret
Click here to watch an intro video to this months’ newsletter by Steve
Click here to read this month’s newsletter
Click here to download the most powerful real estate app available
Click here to read what our clients have to say about us
Click here to get coupons and discounts at places you shop every day
Wednesday, March 10, 2021
March 2021 Home News
March 2021 Newsletter
Welcome to March and, hopefully MUCH better weather than February!! Hopefully, you survived ‘snowmageddon’ a couple of weeks ago. Brigid and Tali had to drive through that snow storm all the way from a cheer competition in Wisconsin and Brigid said that was the most difficult and nerve-wracking trip she has taken in her life. Hope you stayed safe and warm and are glad that is behind us now.
Along those lines, we had to cancel our February Happy Hour due to Matt The Miller’s not having any heat for several days. We are looking forward to welcoming you all back in March on Thursday, March 18th from 5-6:30pm. Maybe we will still be wearing some green from St. Patrick’s Day! :-)
Hope you were able to participate in our first Quarterly Prize Drawing last month. We had a TON of people call in. Congratulations to Debbie Golan for being our winner! She won an overnight stay at the brand new Autograph Collection Hotel Carmichael in Carmel. She stayed in the Presidential Suite, was greeted with champagne, chocolate-covered strawberries, cupcakes, balloons, banners, streamers, bath bombs, a charcuterie board, a gift card to Vivante (their French fine-dining restaurant) and top-notch service. Debbie celebrated her birthday and her daughter’s last weekend and had a blast!!! Our next drawing will be in May, so be sure and follow us on social media and watch your e-mail for your next chance to call in and win.
Congratulations to Tali for winning her cheer competition last weekend!! Their team came in first place and they are so excited. They have been invited to Nationals in April and will be traveling to Gatlinburg, TN this weekend for their final regular-season competition. Our entire family will be going to cheer her on. Go, Tali!!
Brigid has been in her new job at Merck for over two months now and absolutely loves it! She is busier than ever, but is enjoying doing something different and learning something new every day.
Ana finished her 2nd trimester at Guerin last week and got almost all A’s. She is starting to train for soccer next season, so she is ready to go. She just recorded her next concert for Indianapolis Children’s Choir and we are looking forward to seeing it soon. We can’t wait to be able to watch them live.
Jack and Mary Anne received their 2nd shot of the COVID vaccine about 3 weeks ago and promptly left to visit friends in Florida. They had a great time and are glad to be home again, but enjoyed finally being able to leave their house.
Patti is doing an amazing job continuing to market our team and coming up with creative ideas to better market our clients. She is becoming known as the social media and video queen around the office.
Kylie is hard at work keeping us organized and processing the seemingly endless paperwork that exists in our industry. She is regularly sought after by office staff for how to do something or organize something. Her son Jackson is in pre-school for the first time and loving it and her older son Trey is enjoying still being live at his school.
Thea is keeping very busy with all of the buyers she is working with and when not helping them find the perfect home is in the middle of training her new dog Ella.
Do you or someone you know have plans to sell your house this year or next? Come join Steve as he breaks down the selling process and shares pro-tips and secrets on how to best plan and prepare your house to go on the market in these crazy times. His next presentation is on Tuesday, April 13th at 7pm. Thea will be the presenter that evening. E-mail us and let us know if you can join us at steve@Welcome2Indy.com.
The real estate market is beyond crazy right now. Indy is seeing record-low inventory levels of fewer than 4 weeks and Hamilton County is fewer than 2 weeks! Some builders are so busy that they are no longer taking contracts in some neighborhoods. In my 21+ years in real estate, I have never seen anything like this! Suffice it to say, sellers are getting record prices for their houses right now. The biggest issue sellers have is not knowing where they are going to go. We do have some proven strategies that work in this market. If you or someone you care about would like to know what your house is worth, give us a call-317-573-1880. I guarantee you the online value estimators are not accurate and can’t begin to keep up with this market and they certainly don’t know the condition of your house. We would be happy to give you an up-to-the minute valuation on your house that is accurate and professional and interpret this market and how it specifically affects YOU and YOUR unique situation and how to best leverage your advantages. With interest rates around 3% right now, you are in an historically good time to sell.
Here are the latest stats from MIBOR comparing January 2021 to December 2020. Look at the number of pending sales compared to new listings. This is an indictor that our market is going to continue to shrink, however we ARE seeing more houses coming on the market really starting on Thursday of last week.
Median sales price-DOWN 4.5% to $212,000
Closed sales-DOWN 39.7% to 2,042 units
New listings-UP 13.7% to 2,362 units
Pending sales-UP 26.6% to 2,886 units
Days on market-UP 15.2% to 38 days
Price per s.f.-DOWN 1.6% to $126
% of ask received-DOWN 0.2% to 98.2%
Active inventory-DOWN 20.6% to 1,908 units
Absorption rate-UP 28.6% to 0.9 months
Happy St. Patrick’s Day!!
Your friends in real estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret!
Click here to watch Steve’s intro video to the March newsletter
Click here to read our March newsletter
Click here to access coupons and discounts at places you shop every day
Click here for a 1-minute market update
Click here to read what others have to say about us and our service
Click here for the most advanced real estate app available
Welcome to March and, hopefully MUCH better weather than February!! Hopefully, you survived ‘snowmageddon’ a couple of weeks ago. Brigid and Tali had to drive through that snow storm all the way from a cheer competition in Wisconsin and Brigid said that was the most difficult and nerve-wracking trip she has taken in her life. Hope you stayed safe and warm and are glad that is behind us now.
Along those lines, we had to cancel our February Happy Hour due to Matt The Miller’s not having any heat for several days. We are looking forward to welcoming you all back in March on Thursday, March 18th from 5-6:30pm. Maybe we will still be wearing some green from St. Patrick’s Day! :-)
Hope you were able to participate in our first Quarterly Prize Drawing last month. We had a TON of people call in. Congratulations to Debbie Golan for being our winner! She won an overnight stay at the brand new Autograph Collection Hotel Carmichael in Carmel. She stayed in the Presidential Suite, was greeted with champagne, chocolate-covered strawberries, cupcakes, balloons, banners, streamers, bath bombs, a charcuterie board, a gift card to Vivante (their French fine-dining restaurant) and top-notch service. Debbie celebrated her birthday and her daughter’s last weekend and had a blast!!! Our next drawing will be in May, so be sure and follow us on social media and watch your e-mail for your next chance to call in and win.
Congratulations to Tali for winning her cheer competition last weekend!! Their team came in first place and they are so excited. They have been invited to Nationals in April and will be traveling to Gatlinburg, TN this weekend for their final regular-season competition. Our entire family will be going to cheer her on. Go, Tali!!
Brigid has been in her new job at Merck for over two months now and absolutely loves it! She is busier than ever, but is enjoying doing something different and learning something new every day.
Ana finished her 2nd trimester at Guerin last week and got almost all A’s. She is starting to train for soccer next season, so she is ready to go. She just recorded her next concert for Indianapolis Children’s Choir and we are looking forward to seeing it soon. We can’t wait to be able to watch them live.
Jack and Mary Anne received their 2nd shot of the COVID vaccine about 3 weeks ago and promptly left to visit friends in Florida. They had a great time and are glad to be home again, but enjoyed finally being able to leave their house.
Patti is doing an amazing job continuing to market our team and coming up with creative ideas to better market our clients. She is becoming known as the social media and video queen around the office.
Kylie is hard at work keeping us organized and processing the seemingly endless paperwork that exists in our industry. She is regularly sought after by office staff for how to do something or organize something. Her son Jackson is in pre-school for the first time and loving it and her older son Trey is enjoying still being live at his school.
Thea is keeping very busy with all of the buyers she is working with and when not helping them find the perfect home is in the middle of training her new dog Ella.
Do you or someone you know have plans to sell your house this year or next? Come join Steve as he breaks down the selling process and shares pro-tips and secrets on how to best plan and prepare your house to go on the market in these crazy times. His next presentation is on Tuesday, April 13th at 7pm. Thea will be the presenter that evening. E-mail us and let us know if you can join us at steve@Welcome2Indy.com.
The real estate market is beyond crazy right now. Indy is seeing record-low inventory levels of fewer than 4 weeks and Hamilton County is fewer than 2 weeks! Some builders are so busy that they are no longer taking contracts in some neighborhoods. In my 21+ years in real estate, I have never seen anything like this! Suffice it to say, sellers are getting record prices for their houses right now. The biggest issue sellers have is not knowing where they are going to go. We do have some proven strategies that work in this market. If you or someone you care about would like to know what your house is worth, give us a call-317-573-1880. I guarantee you the online value estimators are not accurate and can’t begin to keep up with this market and they certainly don’t know the condition of your house. We would be happy to give you an up-to-the minute valuation on your house that is accurate and professional and interpret this market and how it specifically affects YOU and YOUR unique situation and how to best leverage your advantages. With interest rates around 3% right now, you are in an historically good time to sell.
Here are the latest stats from MIBOR comparing January 2021 to December 2020. Look at the number of pending sales compared to new listings. This is an indictor that our market is going to continue to shrink, however we ARE seeing more houses coming on the market really starting on Thursday of last week.
Median sales price-DOWN 4.5% to $212,000
Closed sales-DOWN 39.7% to 2,042 units
New listings-UP 13.7% to 2,362 units
Pending sales-UP 26.6% to 2,886 units
Days on market-UP 15.2% to 38 days
Price per s.f.-DOWN 1.6% to $126
% of ask received-DOWN 0.2% to 98.2%
Active inventory-DOWN 20.6% to 1,908 units
Absorption rate-UP 28.6% to 0.9 months
Happy St. Patrick’s Day!!
Your friends in real estate,
Steve, Kylie, Patti, and Thea
P.S. Please don’t keep us a secret!
Click here to watch Steve’s intro video to the March newsletter
Click here to read our March newsletter
Click here to access coupons and discounts at places you shop every day
Click here for a 1-minute market update
Click here to read what others have to say about us and our service
Click here for the most advanced real estate app available
Sunday, January 24, 2021
February Zulu Group Home News
Welcome to 2021! We hope you enjoyed some time with your friends and family as best you could during this difficult time. We sincerely hope that 2021 is much healthier and happier for everyone! We also hope that you are able to get out and about again to see more friends and family and also to travel. I know our family is extremely eager to get back to traveling and exploring again.
Happy Valentine’s Day as well!! Keep reading for an amazing prize package we are giving away that can be used as a super-cool Valentine’s Day present or any other day you choose. Entering is as simple as a phone call! Here is how it works-on Monday, February 1st from 1-4pm, simply call 317-426-6108. One of our team (Steve, Kylie, Patti, or Thea) will answer and we will get you registered. If you get our voice mail, we will call you right back. Everyone can enter one time by calling. If you want to increase your odds of winning significantly, give us the name and contact information of someone you care about whom we can help buy, sell, or build a new home. You will receive FIVE additional entries for EACH referral you give us when you call on February 1st. There is no limit!
The prize package is an overnight stay at the brand new 5-star Hotel Carmichael in Carmel in one of their luxury suites. It also includes a gift card for dinner for two at Vivante-the French fine dining restaurant on property. Additionally, you will be welcomed with champagne and chocolate-covered strawberries in your suite along with several other surprises upon your arrival. This price package is worth over $500!!! Call 317-426-6108 on February 1st between 1-4pm to enter and don’t forget to include a referral to earn five additional entries for EACH referral you include. Good luck!!
We hope you enjoy playing our Fun Day Monday quiz contest each month. Thank you to everyone who has played and congratulations to Veronica M. for being selected as this month’s winner!! Be sure and play next month for your chance to win a $25 Amazon gift card.
Thank you to everyone who attended our socially-distanced Happy Hour at Matt The Miller’s last Thursday. We had a great group and a lot of fun. We appreciate everyone for wearing masks and following the social distance guidelines. Our winner for a gift card this month in our Happy Hour drawing was Bill B. Congrats, Bill!! We also want to thank Johna Cripe with Harmony Relocation for sponsoring Happy Hour and our drawing this month. Johna owns Harmony Relocation. They specialize in helping seniors move from their home to their next residence. They also provide Staging services for all of our clients. Johna has helped many of our clients in the past and they have been extremely happy with the results! Give her a call at 317-201-5193 to schedule a consultation.
Please consider joining our socially-distanced Happy Hour for February on Thursday, February 18th from 5-6:30pm at Matt The Miller’s. We will be upstairs again to allow for social distancing. Feel comfortable bringing a significant other or friend. We would love to meet them! Our sponsor for February is Jonathan Walla with Walla Painting. Jonathan has been our go-to painter for several years and they do both interior/exterior work. They have painted for countless clients of ours as well as my personal residence. Jonathan has over 500 A-reviews on Angie’s List and does an outstanding job. As such, he books up fast, so give him a call today to reserve your spot on his schedule before the spring painting season arrives in a few short weeks-317-999-8124.
After taking its usual ‘breather’ for the holidays, our spring market is already starting to heat up! As you will see below, our inventory has once again shrunk to its lowest level in history at 0.7 months or 3-weeks! 6-months is considered a balanced/normal market. House appreciation was the highest on record in Indy at 17.3% last year! Prices are continuing to surpass all-time highs and interest rates are at all-time lows. Even with the high prices, the historic low interest rates, high appreciation, low inventory and tax advantages, this is perhaps the best time to buy a new home. Call us today at 317-573-1880 to discuss your specific situation and how we can help. Our goal is to guide, lead, and protect by helping 92 families this year and we are counting on our friends and clients to help us get there. :-) Who is the next person you know who is thinking about buying/selling/building a new home? Contact us today!
Below are numbers from MIBOR comparing November 2020 to December 2020.
Dr. Elliot Eisenberg, an internationally acclaimed economist and public speaker says, “Looking into 2021, despite job growth stalling, household spending sliding, and Covid-19 spreading, I believe that economically speaking, 2021 is shaping up well. Exceptionally expansive fiscal policy is and will be critical, as will the unprecedented promise of low rates for much longer from the Fed. We should see the economy take off once Sars-Cov-2 is defeated. I expect to see total 2021 GDP growth in the vicinity of 4.25%, after what will probably be a pretty weak 21Q1. Moreover, firms are adopting new technologies, which will boost productivity, keeping inflation away, while unemployment should end 2021 at about 5%.”
Median Sales Price-DOWN 0.6% to $222,900
Closed Sales-UP 2.6% to 3,333 units
New Listings-DOWN 24.4% to 2,062 units
Pending Sales-DOWN 17.1% to 2,438 units
Days on Market-UP 9.7% to 34 days
Price per s.f.-no change at $128
% of Ask Received-DOWN 0.1% to 98.4%
Active Inventory-DOWN 16.6% to 2,396 units
Absorption Rate-DOWN 22.2% to 0.7 months
Check out Steve’s video introduction to this month’s newsletter here
Watch a short video from Steve introducing our first prize package giveaway here
Read the February newsletter here
Get exclusive access to coupons and discounts at places you shop every day here
Watch a short 1-minute market update video here
Read and watch what our clients have to say about working with us here
Your Friends in Real Estate,
Steve, Kylie, Thea, Patti
Happy Valentine’s Day as well!! Keep reading for an amazing prize package we are giving away that can be used as a super-cool Valentine’s Day present or any other day you choose. Entering is as simple as a phone call! Here is how it works-on Monday, February 1st from 1-4pm, simply call 317-426-6108. One of our team (Steve, Kylie, Patti, or Thea) will answer and we will get you registered. If you get our voice mail, we will call you right back. Everyone can enter one time by calling. If you want to increase your odds of winning significantly, give us the name and contact information of someone you care about whom we can help buy, sell, or build a new home. You will receive FIVE additional entries for EACH referral you give us when you call on February 1st. There is no limit!
The prize package is an overnight stay at the brand new 5-star Hotel Carmichael in Carmel in one of their luxury suites. It also includes a gift card for dinner for two at Vivante-the French fine dining restaurant on property. Additionally, you will be welcomed with champagne and chocolate-covered strawberries in your suite along with several other surprises upon your arrival. This price package is worth over $500!!! Call 317-426-6108 on February 1st between 1-4pm to enter and don’t forget to include a referral to earn five additional entries for EACH referral you include. Good luck!!
We hope you enjoy playing our Fun Day Monday quiz contest each month. Thank you to everyone who has played and congratulations to Veronica M. for being selected as this month’s winner!! Be sure and play next month for your chance to win a $25 Amazon gift card.
Thank you to everyone who attended our socially-distanced Happy Hour at Matt The Miller’s last Thursday. We had a great group and a lot of fun. We appreciate everyone for wearing masks and following the social distance guidelines. Our winner for a gift card this month in our Happy Hour drawing was Bill B. Congrats, Bill!! We also want to thank Johna Cripe with Harmony Relocation for sponsoring Happy Hour and our drawing this month. Johna owns Harmony Relocation. They specialize in helping seniors move from their home to their next residence. They also provide Staging services for all of our clients. Johna has helped many of our clients in the past and they have been extremely happy with the results! Give her a call at 317-201-5193 to schedule a consultation.
Please consider joining our socially-distanced Happy Hour for February on Thursday, February 18th from 5-6:30pm at Matt The Miller’s. We will be upstairs again to allow for social distancing. Feel comfortable bringing a significant other or friend. We would love to meet them! Our sponsor for February is Jonathan Walla with Walla Painting. Jonathan has been our go-to painter for several years and they do both interior/exterior work. They have painted for countless clients of ours as well as my personal residence. Jonathan has over 500 A-reviews on Angie’s List and does an outstanding job. As such, he books up fast, so give him a call today to reserve your spot on his schedule before the spring painting season arrives in a few short weeks-317-999-8124.
After taking its usual ‘breather’ for the holidays, our spring market is already starting to heat up! As you will see below, our inventory has once again shrunk to its lowest level in history at 0.7 months or 3-weeks! 6-months is considered a balanced/normal market. House appreciation was the highest on record in Indy at 17.3% last year! Prices are continuing to surpass all-time highs and interest rates are at all-time lows. Even with the high prices, the historic low interest rates, high appreciation, low inventory and tax advantages, this is perhaps the best time to buy a new home. Call us today at 317-573-1880 to discuss your specific situation and how we can help. Our goal is to guide, lead, and protect by helping 92 families this year and we are counting on our friends and clients to help us get there. :-) Who is the next person you know who is thinking about buying/selling/building a new home? Contact us today!
Below are numbers from MIBOR comparing November 2020 to December 2020.
Dr. Elliot Eisenberg, an internationally acclaimed economist and public speaker says, “Looking into 2021, despite job growth stalling, household spending sliding, and Covid-19 spreading, I believe that economically speaking, 2021 is shaping up well. Exceptionally expansive fiscal policy is and will be critical, as will the unprecedented promise of low rates for much longer from the Fed. We should see the economy take off once Sars-Cov-2 is defeated. I expect to see total 2021 GDP growth in the vicinity of 4.25%, after what will probably be a pretty weak 21Q1. Moreover, firms are adopting new technologies, which will boost productivity, keeping inflation away, while unemployment should end 2021 at about 5%.”
Median Sales Price-DOWN 0.6% to $222,900
Closed Sales-UP 2.6% to 3,333 units
New Listings-DOWN 24.4% to 2,062 units
Pending Sales-DOWN 17.1% to 2,438 units
Days on Market-UP 9.7% to 34 days
Price per s.f.-no change at $128
% of Ask Received-DOWN 0.1% to 98.4%
Active Inventory-DOWN 16.6% to 2,396 units
Absorption Rate-DOWN 22.2% to 0.7 months
Check out Steve’s video introduction to this month’s newsletter here
Watch a short video from Steve introducing our first prize package giveaway here
Read the February newsletter here
Get exclusive access to coupons and discounts at places you shop every day here
Watch a short 1-minute market update video here
Read and watch what our clients have to say about working with us here
Your Friends in Real Estate,
Steve, Kylie, Thea, Patti
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