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October Housing Report: Price Up, Activity Down

by The Worrell Group

The MIBOR October Monthly Indicators report reveals the continuing trend of strong home sale prices. When compared to the three-month period of August through October 2009, the average sale price of homes in central Indiana increased 7.3 percent to $155,054 compared to the same months in 2010.

The average sale price during the past six months (May– October 2010) increased 6.6 percent, while the past 12 months (November 2009 – October 2010) saw an increase of 6.7 percent when compared to the same time periods in 2009. October 2010 compared to October 2009 shows an increase of 9.9 percent to $154,691.

According to Indiana Association of REALTORS® (IAR) data released today, the average sale price of homes across the state during the one-month period of October 2010 increased 7.2 percent to $135,966 when compared to October 2009.

Your Home Should Be In 'Better Than Average Condition' For This Market

by The Worrell Group

For over a year now, it has become very evident that the if you want a good price for your home - your home needs be better than average.  The good ones always sell.

The homes that are selling well in this market usually have very good and popular floor plans and are in great showing shape - inside and outside.  Neutral colors inside and furniture placement that looks like a model home continue to be big hits with buyers.

If you are considering a sale within the next 6 months, please give me a call or email.

Marion County Property Tax Appeals

by The Worrell Group

2010 Assessments have been mailed and appeals for next year's bills must be filed by November 30, 2010!

Property values for 2010 assessments have already been determined for your 2011 tax bills and you have limited time to appeal the new value.  Also, when looking at your new assessments make sure that your Homestead and Mortgage Exemptions are still attached to your property, if you qualify for them.

http://www.in.gov/dlgf/2508.htm

This link above takes you to the property tax appeal section for the state.

If you have any further questions, just let me know.

Displaying blog entries 1-3 of 3

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The Randy Worrell Team
RE/MAX Legends Group
5645 Castle Creek Pkwy N
Indianapolis IN 46250
Direct: 317-819-3330
Voicemail: 317-644-0086

Randy Worrell  -  RE/MAX Legends Group       317-819-3330  Direct       317-590-5709  Mobile