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
