Wednesday, January 30, 2013

Weekly Rate and Real Estate Update, 1.30.13

Strong week! Mortgage rates tick up a bit…

Dan’s activity this week:

Well, the purchase agreement from my buyers of last week fell apart, so we are back on the hunt! 

The showings from last week paid off.  One of my listings received an offer and we have a deal!  We’ll be closing in late February and now we are out whittling down the homes that they want to buy.  We’ll probably submit an offer on a property by the end of the week.  That will minimize the amount of time they are in limbo!

Another listing had 3 showings over the weekend which is great, although tracking down the feedback hasn't been as easy!  Yesterday we also lowered the price on that home so that should help get some more eyes on it.  It’s a good reason to contact the agents from previous showings and let them know of the price change to stir more activity.

So on Monday I prepped for 3 new listings!  For each of the next 3 weeks I’ll have a new listing going live on Tuesdays…I’d like to make it 4 or 5 weeks in a row, so give me a call.  I do have two appointments booked that just might keep the streak alive, but I wouldn't mind listing 1 new home a week throughout the Spring!!  Housing inventory in the market is low and I just sold one of my listings, but I always have the capacity to handle more business!!

   Rates for the week
From the IBJ... The average rate for 30-year mortgages rose from 3.60 percent to 3.66 percent in the week ended Jan. 23, according to The rate for 15-year mortgages rose from 2.89 percent to 2.94 percent.

Sunday, January 27, 2013

Unique Finds at the 2013 Indy Home Show!

Dan and I had the opportunity to attend a "Realtor Preview Night" hosted by Fischer Homes last Thursday, January 24th.  We were able to walk the gorgeous model home and get a sneak peak at the layout and decor.  It still amazes me how they can construct a home and take it down inside year after year.  My favorite question to ask those around me has become, "This is great, but did you see the basement?"  I got a few people on that one!

This year's theme was a vintage, repurposed design decor.  I took pictures of some unique finds so I could remember them and I thought I'd share them with you.  To see the entire home, you'll have to visit the show from January 25th-February 3 at the Indiana State Fairgrounds.  

A sneak peak at the rooms and overall decor!

Hard to see, but these are salvaged mantles with mirrors inserted and hung over each vanity.

Baseboard with antique mirror

Rustic tin board as functioning as the family's calendar

Salvaged window

Ladder used as a picture frame holder

Salvaged door on the hall closet

Shutters as window treatments

Porch pediment as wall decor

Drying rack as paper/magazine holder in the mud room

Old gate for holding pictures

Drying rack in the laundry room

Great finds and ideas this year at the 2013 Indianapolis Home Show!  
Let us know if you go!

Wednesday, January 23, 2013

Weekly Rate and Real Estate Update, 1.23.13

Buyers & Sellers…

Dan’s activity this week:

It’s been cold outside this week, but things are heating up in the real estate world!

We have an accepted agreement on a purchase for one of my buyers!  They got a great deal in an established Carmel neighborhood.  It's a home that “fits” the family and will treat them well for a long time!

 We've had a couple of showings on my listings this week and I am starting to see that online activity translates into through-the-door activity, which is always good.

New listings are getting prepped for the market: cleaned out, painted, some new carpet installed and some elbow grease.   Meanwhile, it looks like another client is ready to get their house on the market, although they aren’t quite sure which direction they want to go after they sell, but that is half the fun…right?

  Rates for the week
From the IBJ... The average rate for 30-year mortgages fell from 3.67 percent to 3.60 percent in the week ended Jan. 16, according to The rate for 15-year mortgages fell from 2.92 percent to 2.89 percent.

Friday, January 18, 2013

Foreclosure Friday, 1.18.13

Times are hard and many people have lost their homes due to the challenges in the economy. "Foreclosure Friday" is our way of bringing awareness to the availability and potential of distressed properties in the Central Indiana area. Buying a distressed home, whether if it's in Short Sale or already Bank Owned, is a great way to help stimulate the economy.

Here Are A Few Of Our Reasons Why:

-Sellers/Banks are able to depart from their current home
-Jobs are created for REALTORS®, Contractors, and Suppliers
-Neighborhood home values can be regained
-Buyers may get a positive equity position
-Lonely homes get happy homeowners!

Our short list of distressed properties below are currently active on the market in the Indianapolis area. DM Irish does not own, nor have these properties listed, but rather is being a resource for what's available to purchase.

Stay tuned as we pass along homes in the area that might be a good match for you!  Need more info on one that catches your eye or want helping searching for any home in the area?

Email REALTOR® Dan Irish Here!

Home A

   Fishers, Hamilton Southeastern Schools, Foreclosure, 3490 sf, with a 885 sf unfinished basement, 5 bedrooms, 3 full baths, 1 half bath, 3 car side load garage, 0.42 acres, it has been on the market for 32 days, this home has the master bedroom on the main level and was built in 1996, there is granite counters in the kitchen and the 3 upstairs bedrooms are large along with the upstairs bonus room!

 Home B

 I highlighted this home in last month’s edition as well but a 30k price drop recently prompted me to repost it!; Fishers, Hamilton Southeastern Schools, Foreclosure, built in 1996 this home has 3141 sf above ground and a 1418 sf in the finished basement, 4 bedrooms, 3 full bath and one ½ bath, .35 acres, 1 fireplace, 3 car side load garage, home has only been on the market for 65 days as a foreclosure and may more as a short sale, it will need a few updates and minor repairs (and tree trimming!), great location and neighborhood though

 Home C

  Carmel, Carmel Clay Schools, Foreclosure, 2818 sf, with a 682 sf finished basement, 5 bedrooms, 2 full baths and 1 ½ bath, 2 car garage, 0.33 acres, 1 fireplace, now on the market for 52 days, the neighborhood has a pool and tennis courts, this is a great rate find…5 bedrooms, finished basement in Carmel for under 235k are you kidding me! 

 Home D 

 Fishers, Hamilton Southeastern Schools, Foreclosure, probably as good a find than the home above, 2713 sf on a 644 sf finished basement with windows, 4 bedrooms, 2 full baths and 1 ½ bath, 3 car front load garage, .45 acres, 1 fireplace, great neighborhood, mature trees and a fully fenced back yard which helps with the road behind the home, this home has been on the market for 44 days
Home E

 Carmel, Carmel Clay Schools, Foreclosure, 2208 sf with a 1151 sf basement, 4 bedrooms, 2 full baths and 1 half bath, .35 acres, 2 car side load garage, this foreclosed home has been painted and has new carpet and is ready to move in, home is in a classic Carmel development and was built in 1980, the home as been on the market for 19 days.

 Home F

 Fishers, Hamilton Southeastern Schools, Foreclosure, built in 2001 this home has 2760 sf above ground on a crawl space, 4 bedrooms, 2 full baths and 1 half bath, large corner lot of .32 acres, 2 car front load garage,  has only been on the market for 2 days!, Great opportunity for to be in HSE schools for the mid 150s!

Wednesday, January 16, 2013

Weekly Rate and Real Estate Update, 1.16.13

“Calm” before the Storm

Dan’s activity this week:

The bump in warmer temperatures around here last week let the buyers get out to see homes without being impeded by snow and fridge temps.  Hopefully the rest of this winter is mild as well and we can start off 2013 selling!

I also took around a couple of buyers this last week to look at homes and I have another buyer who will be getting "back in the game" here in late January/early February.

 Again, the online traffic of listings is starting to explode, but I've yet to see the commensurate through the door activity. It usually takes a week or two for a bump in online activity to translate into real showings.

So since last week I’ve signed two client listings going live on Feb 12th and 19th!  I’ve also have a listing appointment set for Feb 9th and that should go live so there after and a few other meetings set to have clients start the selling process.

So, here I sit in the “calm” before the storm…the “calm” keeps me busy behind the scenes as 2013 ramps up…all these listings, buying and selling are just the result of months or years of doing my best at consistently good habits! 

 Rates for the week
From the IBJ... The average rate for 30-year mortgages rose from 3.58 percent to 3.67 percent in the week ended Jan. 9, according to The rate for 15-year mortgages rose from 2.88 percent to 2.92 percent.

Wednesday, January 9, 2013

Weekly Rate and Real Estate Update, 1.9.13

Welcome Spring here yet?

Dan’s activity this week:

Well, the buyers are starting to come back…slowly but surely.  My buyers are ready to buy and I've been out a few times in the last week with different clients looking at a number of homes, with more scheduled for this weekend.

My listings are starting to see their online activity pickup and a few showings are starting to pop up here and there.  Hopefully, we’ll find the right combo of maximizing the sales price and that one perfect buyer (and a successful bank appraisal, of course!!!)

I’ve got more clients that are getting ready for the Spring selling season.  So things are starting to shape up!

Last night I received an email from a new client who needs to sell their family home.  So I’m meeting with the children tomorrow night at the home.  I’m excited to help them through this process and see the home, a circa 1919 home just off Meridian Street downtown!

 Let’s make 2013 twice as nice as 2012!!!

Rates for the week
From the IBJ... Mortgage rates were steady in the week ended Jan. 2, according to The average rate for 30-year mortgages dropped from 3.59 percent to 3.58 percent. The rate for 15-year mortgages rose from 2.87 percent to 2.88 percent.

Email me here to start your home sale or purchase process!

Tuesday, January 8, 2013

January 2013 "Color of the Month"!

Each month we highlight HGTV's "Color of the Month".  Many of us are looking for ways to make changes around the home and what better way than to use suggestions, pictures, and color input from industry leading pros at HGTV who know homes inside and out!  
Watch monthly as we put our spin on their info and pass it on to you!


Gold is great for all seasons and can be dressed up or down in any setting.  Anything metallic is really hot these days and how can you go wrong when you can combine this with EVERY color already in the home?!  I really think a tasteful gold print on wallpaper would look fabulous in a powder bath, too.  Who's in for gold?!