I get a feel for what’s going on in the market because I can watch the numbers from a lot of different sources, but mainly I see it in the faces and hear comments from customers and other real estate professionals. If you are currently trying to sell your home or have sold a home recently…or if you are looking for a home or have purchased a home recently, then you know a lot more than most about the current market. But for a lot of people, their information comes from homogenized, generalized versions as presented in newspapers, television and major-media generated information websites. That’s why I’ve dedicated a monthly post called Market Watch, which contains a link to my monthly newsletter of the same name. By looking back at the previous months statistics, it provides a snapshot of real numbers and an honest look at just what is going on out there in central Indiana.
The residential real estate market here in central Indiana in a word is stable. For our area, residential sales are almost exactly at the same levels as they were this time last year. Several counties are even reporting an increase as compared to this same time. For more in depth information including charts and statistics and analysis, please take a look at my Market Watch Newsletter for this month.
If you would like a copy of MarketWatch emailed to you every month, just send a request and your address will be added to our Newsletter subscription mailing list. Subscriptions may be started or stopped at any time.
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What a great idea Richard! It is nice to see how the hard local data looks instead of hearing about the troubling times nationwide.