Welcome to Fall (unofficially) and back to school! Ana is now in 4th grade and Tali is in Pre-K, both of whom are at Maple Glen Elementary in Westfield, which we absolutely love!! With the cooler temperatures we have experienced this summer, it hasn't felt like a hot, humid and oppressive Indiana summer. We hope you have been able to take some time off to wind down and enjoy a vacation or two, or maybe even a 'staycation'. For our family vacation this summer we traveled to Boston to see Brigid's brother, wife and daughter whom we haven't seen in a while. We traveled by way of the Canadian side of Niagra Falls, which I haven't seen since I was a kid. What an awesome sight! I wouldn't recommend going to the Canada side, however-far too much traffic and hassle with Immigration.
Boston was a LOT of fun and so full of history. We had both been there previously, but it was great going with the kids and following Freedom Trail, celebrating our niece's birthday, seeing where Uncle Jimmy & Aunt Steph work, and enjoying walking around Harvard and other parts of Boston. On the way back, we stopped at Hershey, PA and took tours of the Chocolate Factory, which the girls absolutely loved! Highly recommend, if you are there.
The real estate market has been rather unpredictable lately. Normally, June & July are rather robust, but this year, they have been lackluster, to say the least. Fast-forward to today and it has picked up, but is still gaining steam. Here are some stats courtesy of the July MIBOR Monthly Indicators Report:
• New Listings-UP 2.2%
• Pending Sales-DOWN 3.6%
• Closed Sales-DOWN 8.5%
• Median Sales Price-UP 0.1% to $145,000
• Average Sales Price-Up 2.2% to $183,449
• Percent of Original List Price Received at Sale-UP 0.7% to 94.2%
• Total Active Listings Available at Month End-UP 2.7% to 14,165
• Months Supply of Inventory-UP 4.8% to 5.9 months
As you can see, real estate values are going up, but so in inventory and at the same time closings are down. We expect to see a more robust Fall and have already seen an uptick in activity.
If you or anyone you care about has any questions at all about where our market is or where we predict it is going, feel comfortable giving us a call. We are always happy to share information so you can make informed decisions. Enjoy the start of the football season, and if you are in the Indy-area, we hope you are enjoying the calendar magnets so you don't miss any Colts, ND, IU, or PU football games. Go, Colts!!
Thank you for all of your trust and support over the years! We are extremely grateful for our amazing clients! Enjoy this month's newsletter!!
Click here to read the September Newsletter
Click here for exclusive access to our coupon and discount savings site at companies you frequent every day.
Your Personal Real Estate Consultants...for Life!
Steve & Jack Rupp
Boston was a LOT of fun and so full of history. We had both been there previously, but it was great going with the kids and following Freedom Trail, celebrating our niece's birthday, seeing where Uncle Jimmy & Aunt Steph work, and enjoying walking around Harvard and other parts of Boston. On the way back, we stopped at Hershey, PA and took tours of the Chocolate Factory, which the girls absolutely loved! Highly recommend, if you are there.
The real estate market has been rather unpredictable lately. Normally, June & July are rather robust, but this year, they have been lackluster, to say the least. Fast-forward to today and it has picked up, but is still gaining steam. Here are some stats courtesy of the July MIBOR Monthly Indicators Report:
• New Listings-UP 2.2%
• Pending Sales-DOWN 3.6%
• Closed Sales-DOWN 8.5%
• Median Sales Price-UP 0.1% to $145,000
• Average Sales Price-Up 2.2% to $183,449
• Percent of Original List Price Received at Sale-UP 0.7% to 94.2%
• Total Active Listings Available at Month End-UP 2.7% to 14,165
• Months Supply of Inventory-UP 4.8% to 5.9 months
As you can see, real estate values are going up, but so in inventory and at the same time closings are down. We expect to see a more robust Fall and have already seen an uptick in activity.
If you or anyone you care about has any questions at all about where our market is or where we predict it is going, feel comfortable giving us a call. We are always happy to share information so you can make informed decisions. Enjoy the start of the football season, and if you are in the Indy-area, we hope you are enjoying the calendar magnets so you don't miss any Colts, ND, IU, or PU football games. Go, Colts!!
Thank you for all of your trust and support over the years! We are extremely grateful for our amazing clients! Enjoy this month's newsletter!!
Click here to read the September Newsletter
Click here for exclusive access to our coupon and discount savings site at companies you frequent every day.
Your Personal Real Estate Consultants...for Life!
Steve & Jack Rupp
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