Friday, June 03, 2022

June 2022 Home News

Happy summer!!! We made it!! As I write this, my youngest Natalia has been out of school for a week and is now a 7th grader. My oldest Anastasia just finished her last final today and is now a senior at Guerin. Where did the time go?? We truly hope that you are able to create some fun memories this summer and make up for some missed ones over the past few years.

Along with finishing yet another school year, our family has had some exciting happenings. Ana was hit by an inattentive driver a few weeks ago. Everyone is okay, but her car did sustain some damage. The other driver fully admitted fault, so we are good there, but body shops are booked up for MONTHS. It is crazy. So, if you see her driving around with a damaged door, that wasn’t her fault!!! :-)

Natalia made the next level up for her competitive cheer team and she is so excited! She also made the school cheer team and competitive cheer team, so she will be doing a LOT of cheering this next year, but she absolutely loves it!!!

Brigid is still enjoying her promotion at work and has made her first two hires of her career and now will be a manager for the first time ever. She is excited and can’t wait to have some help as she has been doing the job of three people lately.

I am so excited that I get to take Ana next week to a second campus visit to Clemson. That is her #1 school by far. After that I am taking her to the BMW Performance Center where I went in February and she is taking a 2-day Teen Driving School course. We have heard nothing but rave reviews about it and Ana couldn’t be any more excited!!!

Kylie is enjoying her favorite pastime in the summer of laying out by the pool. She loves the sun and her kids love the water. They are also doing some remodeling of their house and she can’t wait until that is finished.

Patti took a vacation last week and knocked out many items on her To Do list. She enjoyed the time off to relax and unwind before our busy summer.

Thea continues to keep busy with her buyers and is doing such a great job getting offers accepted in this HOT market. If you or someone you know is thinking about buying, you need to talk with Thea as she is the best in the biz!

Thank you to everyone who attended our May Happy Hour!! We had a great turnout and a lot of fun as usual!!! Please plan to attend our June Happy Hour on June 16th from 5-6:30pm at Matt The Miller’s. As always, drinks and appetizers are included. You bring the smiles!

Check our website and social media channels for our Father’s Day giveaway. We have some very cool gifts for dad, including a huge gift basket full of beer, grilling equipment, gift cards to 18|8 men’s salon and from a med spa for fixing hair loss, or wrinkles. This prize package is worth $500!!! You don’t have to call in. Just like and follow our social media channels and/or give us a great review on Google and we will enter you into the contest. We will give a review for each new follow/review.

Save the date for a brand new event called A Day in The Park. We are finalizing details now, but look for your invite. We will have food, drinks, prizes, a magician, caricature artist, Kona Ice, games, and a live band!! It is going to be so much fun!!! Reserve August 14th so you can join us!!

I was honored as the Chair-elect of the Westfield Chamber of Commerce and sponsor of one of three scholarships the chamber awards each year to present at the Westfield High School Scholarship and Awards Night. Three Westfield High School students won an essay contest we promote as to what new business you think would be a good addition to the Westfield community and why. It is always so amazing to see what these kiddos have accomplished at such a young age.

The real estate market has been making headlines yet again. Let me cut to the chase. THERE IS NO REAL ESTATE BUBBLE. There is 6-7 years supply shortage right now and too much demand. Inflation and rising interest rates have certainly tempered the market to an extent, but we are still seeing multiple offers above listing price on most houses going on the market. If you or someone you care about are thinking about selling, buying, or building, PLEASE call me-317-573-1880. I would love to talk with you and learn more about your situation so you can be armed with the most relevant and specific information tailored to your situation. I cannot stress this enough. Also, come to my next workshop on June 14th at 7pm titled, ‘The Top 10 Dumbest Mistakes Smart People Make When Selling Their House And How to Avoid Them’. Call/e-mail/text me and I will register you and give you more details. It is a great way to get all of your questions answered in a fun and relaxed environment.

Here are the latest stats from MIBOR comparing March 2022 to April 2022 for the entire Indy Metro area in all price points:
Median Sales Price-$275,000-UP 3.8%
Closed Sales-2,987 units-UP 5.6%
New Listings-3,870 units-UP 7.0%
Pending Sales-3,580 units-UP 4.6%
Days on Market-15 days-DOWN 21.1%
Price per s.f.-$162-UP 4.5%
% of Ask Received-102.1%-UP 0.9%
Active Inventory-1,979 units-UP 23.5%
Absorption Rate-0.7 months-UP 16.7%

Pay close attention to the last two lines. Inventory is UP almost 25%! That is HUGE. Yes, prices continue to increase, but so do closed sales, new listings, and pending sales. Call me if you would like to discuss what these numbers mean to you and your specific situation.

We hope that you enjoy the summer weather and are able to get out and have some fun!! Thank you for being our client and referral partners. We truly appreciate you and couldn’t do what we love without you!!!

Your Friends in Real Estate,

Steve, Kylie, Thea, and Patti

Click here to read our June newsletter.

P. S. Please don’t keep us a secret.

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