Spring Market Booming in February?

I’m not sure if you are feeling a little more energized lately, but I know that I am. I will fully admit that the cold temperatures frighten me and make me want to stay inside all day. Go ahead and call me out….I am fully aware that this is one area in life where Manly does not describe how I feel and/or react to cold temperatures. February has brought us some crazy warm temperatures and I just don’t know if spring is hear to stay or if it’s just messing with us.

My hope is that Spring is here to stay. As far as I can tell, I believe that the Spring market has felt like the weather too and has started coming out of it’s hibernation. Our winter has been very mild and I don’t want to complain, but I’m still hopeful for 72 and sunny every single day.

Sure Spring real estate market just keeps surprising me more and more. It seems that at some points in the winter you see agents just wishing people would call and then those same agents are now wishing those people that are calling would stop. It’s a dirty roller coaster cycle in this crazy real estate game. Life is full of ups and downs just like real estate. We must take the good with the bad. Hey, it’s February 21st, be thankful you aren’t a CPA right now. I don’t think those guys will sleep for the next 3 weeks. If you are a CPA, you probably should be working and not reading this…..get back to work :)

Here are just a few videos of some of the fantastic properties that we listed last week. Golf lovers will enjoy this home in a golf community and in Perry Township.  If you prefer to be in a community with your peers, this town home is located in a 55+ community and is move in ready and has been meticulously maintained. Lastly, you may want to be where all the action is. This is a great spot that meets all the location needs for someone needing downtown access, or loves the Broadripple scene. Come see this Meridian Kessler home with an amazing feel.

If you are interested in some more information on any of them, give us a call today. 317-622-4040

 

Two Amazing properties

As you have come to expect from any RAMS Investing renovation, these two homes are not out of the ordinary. They are both in great areas of town and both have been carefully renovated with luxury and convenience in mind. There is also a sense of style to these homes. What is a little different than many of the RAMS Investing homes that you might be used to seeing, is the price point. These two properties are pushing the upper price ranges. Once you take a look at the photos and finishes of these gorgeous properties, I think you will see why they command such a price tag. While the price tag may be on the higher end of some of their previous renovations, just know that they love tackling projects like these. If you ever see any projects that need this kind of attention to detail and design and you think it might be a great project for RAMS Investing, don’t hesitate to let them know. They love the opportunity to talk with seller or homeowners about a potential project.

Ok, I know that I have kept you in suspense long enough. Check out these beauties. This project is a downtown condo in an a very popular area near Mass. Ave. 935 Hudson provides you with the amenities you need and more than you really expect for that downtown condo.

If you want out of the downtown area and want to get into the Meridian Kessler area of town, look no further than this high profile design with a floor plan that shouts out to invite your guests over for fun evenings around the table or in the back yard. If you love to entertain, then, Meridian Street is the place for you.

Be sure to reach out if you have any questions on either of these properties and someone will be more than happy to get you answers.

Perry Township HUD Property for sale

This is a new HUD home that will be listed shortly. This one is one that needs a little repair but has some big upside. Whether you want to live in it as an owner occupant or buy and sell it as an investor, this one fits the mold. Check out this video and I’ll walk you through it so you can see the details.

Greenwood HUD Home

Great house to make your own. With a little elbow grease, this can be an amazing property. Great neighborhood, great yard, and great floor plan. Take a look at the video for a walk-thru.

Should You Sell or Sit on the Sidelines?

Recent reports were released for the third quarter on the Central Indiana Real Estate market. I thought it was interesting because we have seen these kinds of statistics for a long time. Every new quarterly report that comes out I expect things to change, but they just seem to be going in a positive direction. I am not complaining at all, but it is just surprising, as I sometimes wonder how our local market can sustain such growth.

That being said, I wanted to share a few things that stuck out to me and bring them to your attention. Next time someone asks you about the real estate market, just throw out some numbers at them and it makes you sound really smart….that’s what I am trying to do right here!

When comparing the 3rd quarter foreclosure inventory to the same quarter of 2015, we have seen a 20.8 percent decrease. This is the number that I saw that made me want to share it with everyone. That is a huge decrease! Traditional inventory was also down compared to 2015, but not as drastic. However, the decrease was still significant at 13.4 percent lower than the 3rd quarter of 2015 (combined 13.8 percent decrease).

One of the things that we struggle with locally as Realtors, is the lack of inventory and the growing buyer interest. To understand what I mean by that, take the 3rd quarter sales for 2016. Sales increased 8.7 percent when compared to the 3rd quarter of 2015. Prices also increased 5 percent during the same period.

If you take a look at those numbers and put that in perspective, you will see the struggle that we face. Not only as Realtors, but buyers too. When you get a decrease in inventory of 13.8 percent and an increase in sales of 8.7 percent, it makes finding that perfect home a little more difficult.

While I have never seen a better time to sell your home, you are then faced with a tough challenge of finding a property to buy, which is a challenge at times. This is why many people that are interested in selling are still on the sidelines because they are nervous that they will list their home and it sells quickly and they won’t be able to find their next home. Overall, the market is fantastic and I don’t want to sound like I am complaining. I just wanted to give you information about what I am seeing and show you the numbers to back it up. If you are interested in reading more, click here to see the full report.

Greenwood HUD Home – Deadline Looming!

When we are forced with a deadline, all things seem to either come together, or fall apart based on your approach. I find that if you have a passion for what you are seeking and are truly following your heart, it won’t steer you wrong. You just need to know how to read yourself. I have bought hundreds of homes, and I know that I am all in, or all out. You have to know that, or you shouldn’t pull the trigger. This is that house. This Greenwood HUD home is in an awesome community with great pricing. That means that when you fix it up and decide to sell in five years you can be confident that your value will still be there and that you made a great decision. Take a look at the virtual tour and then give me a call to go see it. The deadline for Owner Occupants is up on November 7th. It is imperative to act prior to that date. Call me today – 317-345-6182

Greenwood HUD home in Homecoming Subdivision

If you are a homeowner looking for a HUD home that will make a great family home in a great family neighborhood, you need to take a look at these photos for this new listing. HUD homes are extremely popular and this home will not be any different. This is a 4 bedroom, 2.5 bath home with over 2,000 square feet. The home needs some small cosmetic repairs, but nothing serious. With a little bit of effort, you can be in a great home with a lot of equity. If you want to take that home and rehab it like you see on TV and make this house a “home”, this would be a good one to start with.

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Downtown Franklin is HOT

Many people are looking to be in the downtown of Franklin lately. This has been ongoing for the last couple of years, but it just seems to be getting stronger and stronger. Check out this new listing on King Street that was recently rehabbed by RAMS Investing.  Finding great properties and working with great companies is a plus. RAMS Investing was recently highlighted as one of the top 50 Remodelers nationally by Remodeling Magazine. You can see the magazine article by clicking here.

 

Recent Red Oak and HUD Home listings

Check out these new listings that our office has put together. Some of these offer a great opportunity for a ton of equity. Let us know if we can get you some information.

4 Reasons 2015 Is A Great Year for Real Estate

With the first quarter of 2015 already flipping to an end, experts and analysts have already casted their predictions that this year will be a great one for the real estate industry. Here are the top reasons why they have declared so.

Real Estate InvestingLow interest rates

Developers are very aware of the competition that exist between them. The same scenario is also true for borrowers and mortgage companies. To continue luring individuals to their respective businesses, lowering the interest rates they offer to their designed housing mortgage programs has become a primary factor. Both Fannie Mae and Freddie Mac have designed programs requiring low interest rate of 3% for home buyers. With this change, more people will be eligible of availing mortgage programs.

Millenials are becoming the primary home buyers

2015 ushers in a change in the lifestyle of many millennials. In fact, they are expected to become the primary home buyers of the year as they shift preferences from renting to home ownership. People belonging to this group are seeking for more stability of their future. They have become concerned of the life they may have when the employment world has closed its doors for them. In several surveys conducted, millennials appear to be the group which is most interested in buying a house this year.

Baby boomers are predicted to downsize

Another group of home buyers are also seen to make decision changes in terms of housing. The baby boomers who once bought homes of great areas have decided to downsize and relocate. Their decisions are influenced by the urge to be closer to their relatives. An underlying factor behind the urge to relocate is their dwindling abilities to do things by themselves due to aging. However, those who simply chose to downsize are those who want to be relieved of heavy home maintenance tasks.

Home prices will become more stable

The past years have become a sort of roller coaster ride for the real estate industry in terms of pricing. More homes will be available on listings because sellers have anticipated that this year will be a more stable one. Profitable margins are clearer to see. Or in cases where one has to sell his property lower than his original buying price, he won’t lose that great.

2015 is generally seen to be a positive year for the real estate industry. With 10 months still left for the year to roll out, we will see if other developments will be for more improvements.

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