Saturday, December 22, 2018

January 2019 Steve & Jack's Home News

Merry Christmas and Happy New Year!!!

We hope you and your family are able to enjoy some time away from the hustle and bustle of the holiday season to spend together and reflect on the blessings you have. With the new year comes new beginnings. While we look back and reflect on 2018, we look forward to the new opportunities 2019 will bring.

The Rupps all stayed in town for the holidays and family came to us, which is nice. Steve's sister Michelle started a new job as an activities director for an assisted living community here in Indy and had to work around Christmas. Her husband Steve is an RN and had to work Christmas Eve night and New Year's Eve night. He and Michelle are both really enjoying their jobs.

Thank you to everyone who attended our 6th Annual VIP Client Appreciation Event at the movies on December 1st!!! New this year was our caricature artist who was a big hit!! Thank you for all of your support over the years and we hope that you enjoyed being pampered a bit. We hope to see you again next year for our next movie event.

We also hope to see you at our first Happy Hour of the new year from 5-6:30PM on Wednesday, January 16th at Matt The Miller's. See you there!!!

Kylie and Julia are enjoying some much-needed time off during the holidays and Julia celebrated her birthday on 12/21.

The housing market has taken its customary 'breather' during the holiday season and we expect it to pick back up again in the spring, as we edge closer to a contraction in the market. Mortgage interest rates have held fairly steady recently, but are certainly up from 12-months ago. If you or someone you care about is thinking of buying, selling, or building, please give us a call so we can consult with them about their options and help them make the very best decision for their specific situation.

Here are the latest stats from MIBOR comparing November 2017 to November 2018:
New Listings-UP 4.2% to 2,702 units
Pending Sales-UP 4.8% to 2,491 units
Closed Sales-UP 0.4% to 2,828 units
Median Sales Price-UP 8.6% to $179,000
Average Sales Price-UP 9.3% to $219,288
Percent of Original List Price Received at Sale-UP 0.1% to 94.9%
Total Active Listings Available at Month End-DOWN 5.7% to 7,841 units
Months Supply of Inventory-DOWN 7.4% to 2.5 months

Enjoy this month's January newsletter with some pretty interesting articles you are sure to love. Read it here.

Click here for the most powerful real estate app available

Click here for coupons and discounts at places you shop every day (why not save money?)

Click here for a 1-minute market update video

Click here to read some client testimonials

Click here to learn about our Senior Real Estate Program

Merry Christmas and Happy New Year!!!

Your Friends in Real Estate,

Steve, Jack, Kylie, & Julia

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