Market News

At the beginning of last week, a threatening pall covered a considerable portion of media financial coverage, with round-the-clock reporting resembling a horserace between Possible Disaster #1 (a collapse in the banking industry) and Possible Disaster #2 (runaway inflation). For the moment, Possible Disaster #3 (recession/depression) had fallen far behind the two favorites. Fortunately, by midweek, reporting on the dual …

For both existing and new homes, last week revealed some preliminary indications that an uptick in activity was underway. The hints worth musing over arrived in the National Association of Realtors®’ latest rundown on U.S. housing activity. Key findings: ·         Existing home sales registered a 14.5% increase in sales. That was the largest monthly increase in percentage since July 2020. …

Monday marks the vernal equinox—the astronomical marker that denotes when the Earth’s axis is tilted neither toward nor away from the Sun. More relevant for area real estate matters, it also signals the start of spring and with it, Fishers’s high season. It’s hard to pin down exactly when Fishers’s busiest real estate season begins (it’s either now or at …

Unsettling developments in the banking industry had been front-and-center in the national press for all of last week, so the headline in Realtor News was definitely effective clickbait. For any Indianapolis house buyer or seller concerned that a financial spillover might disturb their own plans, the promise would have been irresistible: “How 3 Recent Bank Failures Could Impact Housing Market” …

The demise of the precious hour of sleep at 2 AM on Sunday may seem like a wrenching loss, but there is at least one group for whom it provided a slight (very slight) benefit. That is, in addition to the nominal reason for the hour’s loss, which is the postponement of sunsets for an hour. The good fortune came …

Here’s a new real estate riddle: In any Carmel house sale, what is the least expensive element that can also be the costliest? There are many possible answers to the first part of the riddle. If the roof is openly deteriorating, the Carmel house’s sale will usually depend on attending to that—a 5-figure expense in many instances. If the kitchen …

Most people know the answer to a question like, “Will home sales suffer if mortgage rates go up?” The answer is, “DUH! Of course—it’s sure to cut down on sales.” Even though that’s hard to argue with, the obvious cause-and-effect connection can be seriously misleading. It can even lead to an expensive mistake. Everyone acknowledges that the effect of rising …

When a real estate novice makes an initial foray into the world of buying their first Carmel house, the first task is pinpointing how much they can afford. First-time buyers are especially prone to one beginner’s mistake: it’s easy to overlook the bagful of ancillary costs that are part of any home purchase. These peripheral charges carry percentages that may …

When those who deal in area real estate study Indianapolis home design trends, they usually point to the ebb and flow of interior décor choices—like the recent ascension of mixed textural elements or the growing preference for warming neutral colors. But when Homes and Gardens published their list of the “10 interior design trends” that will shape home spaces in …

With mortgage rates on the rise, there’s no getting around it: Fishers housing demand is certainly on the decline…or so is widely assumed. The term “housing demand” doesn’t necessarily refer only to the number of home sales recorded in Fishers. “Demand” can include future sales underway, or indications of the level of buyer interest currently in evidence. Since Fishers is …