Wednesday, November 27, 2019

December Steve & Jack's Home News

Happy Thanksgiving!!! We hope you are looking forward to spending some quality time with friends and family this holiday weekend and that, if you are traveling, you return home safe.

Steve and his family are hosting Thanksgiving this year and Jack and Mary Anne will be joining them. The rest of Brigid's family will be staying put this year as we will get together over Christmas. Steve's sister Michelle is heading to her sister-in-law's house in Kentucky for a couple of days, but her husband Steve will be staying here as he is an RN at Community North Hospital and has to work Wednesday and Thursday evenings.

Thank you to everyone who joined us for our last Happy Hour of 2019 last Thursday!! We had a great group and had a lot of fun!!! Please mark your calendars for our first Happy Hour of 2020 on Thursday, January 16th from 5-6:30PM at Matt The Miller's in Carmel. We would love to see you!!!

Also, thank you to everyone who attended our 6th Annual Photos with Santa on Sunday! We had a record-breaking crowd of over 400 people join us and kick off the holiday season. If you did get your picture taken, look for your photos next week. It isn't too early to plan to attend our 2020 event on Sunday, November 22nd. Come join us!!!

Finally, we hope you have RSVP'd for our 7th Annual VIP Client Appreciation Event next Saturday, December 7th at 8:30AM. If not, please e-mail Patti TODAY at Patti@Welcome2Indy.com with the number of adults and number of children attending. We will be showing the newly released blockbuster Frozen 2. Coincidentally, Frozen was the first movie we showed 7 years ago! We will have food and drinks, photo opps, a caricature artist, and fun trivia before the movie starts. We truly hope you can join us as we thank you for your business and friendship over the years.

The real estate market has definitely slowed down a bit for the holidays, however there is more activity than usual for this time of the year. We are still in a severe housing shortage and will be for the foreseeable future. Interest rates are hovering around 3.75%. Winter is a great time to buy a house as there aren't nearly as many buyers in the market and competition isn't nearly as fierce as it will be again in the spring. Thinking of buying or selling?? Give us a call at 317-573-1880!! We are working through the holidays and would be happy to help!

New market stats haven't been released for November yet, so here are the stats from October 2019 comparing them to October 2018 for the Greater Indy area:

Median sales price UP 6.2% to $190,050
Closed sales DOWN 1.3% to 30,024 units
New listings DOWN 2.2% to 37,333 units
Pending sales FLAT at 31,684 units
Days on market DOWN 8.5% to 43 days
Price per s.f. UP 5.7% to $112/s.f.
% of asking price received DOWN 0.1% to 97.7%
Active inventory DOWN 5.8% to 6,499 units
Absorption rate DOWN 8.7% to 2.1 months

Happy Thanksgiving, once again to you and your family! We hope to see you on December 7th!

Click here to read our December newsletter
Click here to download the most powerful real estate app available
Click here to read what some of our clients are saying about us
Click here to watch a short 1-minute market update video
Click here to read about our Senior Advantage Program
Click here to access coupons and discounts at places you shop every day

Your friends in real estate,

Steve, Jack, Kylie, Patti, & Thea

P.S. Please don't keep us a secret.

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