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Basilicious

Posted on July 18th, 2011 by Richard. Categories: Cuisine & Restaurants

The basil plants are thriving again this year in the garden. They don’t need that much care and hold up well even in hot weather and sun as long as they get some water now and then.

I remember when I didn’t care that much for it especially, but my tastes have evolved. Now I’m using it wherever I can while it’s in season. Like last night… Some fresh basil with slices of tomatoes and fresh mozzarella cheese, a little red onion and garlic, splashed with some extra virgin olive oil. It’s been warm so I’ve been trying to think of things that keeps the heat out of the kitchen inside. And something really heavy doesn’t sound very appealing. So a  light, cool summer salad with crispy baguette…it’s a meal.

I smile every time I pass the fresh herb section at the grocery and look at the prices.

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Market Watch – July 2011 edition

Posted on July 16th, 2011 by Richard. Categories: Market Conditions, Market Watch

Market activity fluctuates here more than some areas of the country because they are not affected by climate and seasonal influences quite as much. If you graphed activity here for a year, the curve normally has a bell-shaped appearance, with the greatest amount of activity in the summer, slower in spring and fall, and the lowest amount in the coldest winter months. To put market activity in a proper perspective, the best way is compare the same month with the corresponding month from another year.

A look back at residential real estate market activity for central Indiana for last month shows a market that greatly outpaced the corresponding month last year. And the difference between the number of homes on the market vs the number of sales continues to tighten, showing the market is increasingly more balanced between buyers and sellers than before. Both of these are good signs for homeowners and the economy in general.

For an in-depth analysis of last months market activity, including real numbers, charts and graphs, take a look at the latest edition of my Market Watch newsletter.

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Buca di Beppo Indianapolis

Posted on July 14th, 2011 by Richard. Categories: Cuisine & Restaurants, Downtown

Buca di Beppo lets you feel like you are experiencing the warm hospitality of a local family run restaurant even though it is a franchised operation. This location at 35 N. Illinois St. is one of three here in the Indy and a wonderful fit in this section of downtown where quite few colorful restaurants have located.

Their name itself is distinctive and kind of fun just to say. Probably like a lot of people I was curious about it and so I asked once where it originated. As explained to me, Beppo is a shortened nickname for Giuseppe, and the name translated means Giuseppe’s Basement.

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Monument Upgrade

Posted on July 12th, 2011 by Richard. Categories: Downtown, Public Buildings & Sites

Its been almost four months since restoration work began on Monument Circle. The massive crane which was used to remove the statue “Victory” from the top of it sits idle, waiting for the job of hoisting her up again after being restored, and construction barricades keep away the normal foot traffic and visitors from gathering around. Won’t it be nice to have it back, all spruced-up and shining? All of the work is scheduled to be completed in November, just in time for the annual holiday lights and Superbowl visitors shortly after.

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Second Showing

Posted on July 10th, 2011 by Richard. Categories: For Home Buyers, For Home Sellers

When an agent wants to set an appointment to show my listing, they contact my scheduling service and shortly afterwards I get an email notification from the service with information about the appointment time and the agent who is showing it. The service can tell if the agent has shown this property before, and if so, asks them if it’s a second showing. If it is, the email I receive will say “2nd Showing” someplace on it. That’s semi-interesting to know as it means there might be deeper interest from a prospect that saw it before. A lot of times, buyers come back at least once again before moving forward with a written purchase agreement. But if a property is special and in a highly desirable area then it could be gone if they take their time trying to decide. As a listing agent, it’s good when there’s a second showing, but long ago, when I was just starting in the business, I excitedly told a seasoned agent that there was a showing on my listing and they remarked “showin’ ain’t sellin”… translated, a showing means nothing unless there’s a written offer, and one that is accepted. To prove that point, I’ve had homes listed that received over 50 showings, several of them second showings, without an offer. If so, 99% of the time that means it’s a desirable home but the market feels it’s way overpriced.

If I’m on the other side, working with a buyer, then the most important thing is that they feel comfortable with any decision, so accompanying them to look at a home several times is perfect with me. But if the home is very close to the description of what they are looking for and a desirable property on the market, it’s in their interest for me to remind them that it could be gone if they take their time making a decision. I’ve seen people loose a home they really wanted because their offer was minutes later than another one that the seller just accepted.