Wednesday, April 13 2011
Market Watch
If you remember the Market Watch I sent in December, I made several specific predictions about how our local real estate market would perform the first several months of this year compared to last year. Those predictions have been accurate to-date but what is probably more telling is how we are doing compared to 2009. As I have mentioned before the homebuyer tax credits in the first half of last year distorted sales. There were no homebuyer tax credits in the first half of 2009. Closed sales in the first three months of 2011 were up 11.7% in units and up 18% in total sales dollars compared to the corresponding period in 2009. The local housing market has improved and will continue to get better.
The number of active listings on the market continues to stay at historically low levels. Housing affordability which is influenced primarily by the price of homes and interest rates is at historically high levels. If you are thinking about buying, waiting will inevitably mean you pay more for your home, either in terms of price, interest rates or both. If you are thinking about selling, it is better to get your house on the market now before inventory levels begin to rise.
If you are selling your home, it is important to understand that buyer behavior has changed significantly in the past few years. Now virtually all buyers look at homes online before physically visiting a house. In other words showings happen online. Today the number of times a home is viewed online is as, or more important than the number of physical showings and is a better barometer of buyer interest. Seller reporting at FCTuckeremge.com provides sellers a realistic picture of marketing activity. This tool allows you to know when and how often potential buyers are looking at your home online. Call me if you have additional questions about this valuable program.
Let me know if I can help you with any of your real estate needs and please enjoy the beautiful spring weather that has finally arrived. You can reach me at 812-499-9234 or Kathy at 812-499-0246. Monday, July 19 2010
Local realtors say they're selling more homes this year than last.
Sunday, March 21 2010
Official State of Indiana website: www.in.gov For information about obtaining an Indiana drivers license, registration and/or title: www.state.in.us/bmv BMV Locations: For information on voter registration: To establish water & sewer service, as well as trash pick up: To establish electric & gas service: For bus service: To establish local telephone service: To establish cable service: To contact local school districts: Catholic Diocese of Evansville To locate the nearest post office: Evansville Public Library www.evpl.org
Chamber of Commerce www.ccswin.com Evansville Convention & Visitors Bureau www.evansvillecvb.org | |||||||
 |
|
The Trentini Team
PRIVACY POLICY
The Trentini Team is the sole owner of the information collected on this site. Neither The Trentini Team nor the team associates will sell, share, or rent this confidential information to others. Your privacy is the primary issue for The Trentini Team. CONTACT POLICY By submitting personal information such as name, address, phone number, email address and/or additional data, the real estate client/prospect consents that The Trentini Team or their authorized representative may contact client/prospect by phone, U.S. Postal System, or e-mail whether or not client/prospect is participating in a state, federal or other "do not contact" program of any type. Copyright© 2007 The Trentini Team, REALTOR®, All Rights Reserved.
|
