Home Prices Won’t Solve the ‘Super Rich’ Dilemma

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If you follow the Wall Street Journal’s “Luxury Home” features you are familiar with the properties in U.S. metropolises that sell for more than $100 million. Although the number of such sales has been surpassing that mark, they are still rarities. Fishers median home prices don’t regularly carry that kind of price tag which could be why—like everyone else—most local …

Zombies Stand Out in an Otherwise Quiet Week

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Last week was a slow one for U.S. real estate developments—no surprise toward the end of August. Still, all was not quiet: Zombies were back in the news. Although there were no local zombie updates—and Carmel zombies were not seen roaming our streets—there were distinct reasons why local homeowners might want to keep up with the latest Z-world developments. As …

Celeb’s Ideas Could be Good News for Real Estate

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Over the weekend yahoo!finance offered an interview that gave Indianapolis real estate optimists some of the most positive opinions they’ve heard in a while. The source was an onscreen interview with TV’s Barbara Corcoran, a permanent celebrity panelist on the perennial hit series. Yahoo’s headline story provided the simple encouraging prediction: “Housing Prices are Going to Go Through the Roof.” …

Home Sales and a Hard-to-Follow Summer Plot

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If your idea of a gripping beachside summer read includes plots that revolve around real estate statistics, last week brought you a candidate. Was it the kind of megahit that would get you settling back in your folding chair, digging your toes into the sand, and becoming totally absorbed? For this latest would-be best-seller served up by the National Association …

Inventory Still Key Factor for Real Estate

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It’s no secret that throughout most of the country, the continuing shortfall of homes for sale—the U.S. inventory—has continued to strengthen real estate values in 2023. With the total U.S. ‘active inventory’ (the combined total of existing plus new housing units) shrinking a further 6.4% from last July’s levels, it would be noteworthy if that hadn’t had the inevitable effect …

In Today’s Market, are ARMs a Reasonable Choice?

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An article in last Wednesday’s U.S. News headlined a thought-provoking question: is an ARM a Good Idea in 2023? Now that mortgage rates are significantly higher than they were even only a few months ago, a question that might then have been answered with an almost automatic ‘no!’ has new relevance. Buyers daunted by the prospect of budget-challenging monthly payments …

House Hunters Make Their Own Good News

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“If  mortgage rates weren’t enough,” began last week’s CNBC.com commentary, “it was even harder to qualify for a mortgage in July…” That dour introduction was followed by a series of Eeyore-worthy observations. Lest Fishers house hunters—many of whom will soon be among home loan seekers—take the discouraging news as catastrophic, it’s only fair to point out that the national outlets …

Canny Insights for Sellers and Buyers

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“If you’re thinking about buying or selling a house right now, you’re not alone.” That was the opening declaration in last Tuesday’s essay from the New York Times best-selling author and host of “The Rachel Cruze Show.” Her insights into personal finance and “fun, practical ways to take control of your money” reach millions of listeners who tune in weekly. …

Five Reasons Sellers Choose Pre-Listing Inspections

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They are commonly called “presale” inspections, but a more precise name would substitute “pre-listing.” Ordering Carmel pre-listing inspections represent solid proactive measures that experienced Carmel house sellers often schedule early in the process. Even when they have no reason to suspect anything is seriously amiss with the property, they make it an early priority. Here are some of the reasons …

Homeowners Wouldn’t Write This Headline

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As soon as Carmel homeowners query the web for anything that has to do with home improvements, they quickly learn that the home improvement industry is quick to notice. They’ll do their promotional best to send along the ads they think are likely to get a click. Since “home improvements” is a broad field, lots of ads can be expected. …