The housing market for November showed some very positive signs for home sellers in November. There was actually a shortgage of homes in a first time buyer price range which led to bidding wars and multiple offers on those homes which were priced right and in good condition. Here are some of the vital statistics: 588 Active Listings with avg list price of $525,00 90 Sold Homes with avg sales price $331,000 88 Pendings 200-400K price range 64 sales and 56 pendings or roughly 2/3 of the market! The first time buyer credit made a huge impact on home sales and prices in the 200-300K price range. To put things in perspective I looked at this price range and compared Novembers numbers to both October 09 and also November 2008.  In October 2009 in this price range 31 homes were closed and anot... 12/04/2009

There are 713 homes for sale in Carmel Indiana today and with the new tax credit available to repeat buyers and the extension of the first time home buyer credit; it is an excellent time to make a move.  Here are my Top 10 Reasons to Move: Brand new baby Great new job Just got married Just got divorced All the kids have moved out and your are tired of cleaning all that space You can't take the barking dog next door anymore You had your family over for Thanksgiving and with the added grandkids, you need more space Your job has you relocating (we know great agents in other cities, why fly blind) You want to build equity through the purchase of a distressed property You want the $$$ from the tax credits available When you begin to seriously consider selling your home, you want to be well i... 12/03/2009

With 731 homes for sale in Carmel, it is good to see them selling again!  Of the 731 homes for sale in Carmel, 245 of them are over $500,000 or 34% and 62 of them are less than $150,000 (less than 10%). In addition 93 of those 731 homes were built in 2009 so still a very active new construction market in Carmel. The graph shows two months in a row where 2009 sales are more than 2008 and October is showing a 63% increase, which is a significant increase from a year ago. In October we had 126 homes sell and there were five that were over $1,000,000.  The first one sold for $1,250,000 in the Village of West Clay, but was on the market since April of 2008.  The second one sold for $1,100,000 in Laurelwood and was 10,000 sq ft on over 1.5 acreas.  It was assessed at $1,700,000 and as a resul... 11/16/2009

Here is a look at the Carmel IN real estate market for October 2009:   2008 2009 % Change Active N/A 739 Homes Sold 70 119 70% Average Selling Price $316,830 $357,321 13% Days on Market 82 89 9% Price Per Square Foot $109 $117 7% Sales Price / List Price 94% 95% 1% Do you see what I see??? Holy shift in numbers…a 70% increase in the number of homes sold and a 13% increase in the average selling price!!! Wow! I really did not expect to see this kind of swing in the Carmel area. I don’t know if it the tax credit or what, but it would reason that areas like Noblesville or Fishers would be better candidates for swings like this. Well, I am not complaining just shocked. This is great news but as always let’s take it with a grain of salt and see how the market does over the next couple of mo... 11/05/2009

In my monthly Carmel sales reports, Brookshire often shows up as one of the neighborhoods with the most activity.  There are several Brookshire neighborhoods, there is North, Villages, Pines and Lakes.  Today I want to highlight Brookshire located between 116th to 126th and Gray.  You've probably been by it; it has the pillars with the lions at the entrances. It is an older neighborhood, built mostly in the early 70's.  Most of the homes have basements and are four bedrooms and 2 1/2 baths.  It is a very large neighborhood with nearly 400 homes.  The neighborhood has beautiful mature trees and winding roads. It is conveniently located near Brookshire Golf Course. Currently there are only seven homes available.  Five of those are two story homes and the other two are ranch style homes.  ... 11/04/2009

Part 3: GoGladiator Media went out late at night to see if this really was a 104 hour operation, or just some kind of Hollywood editing magic. We were floored to see the house already framed and standing tall! This is all FOR REAL everybody, and done through the HUGE hearts of great people and amazing sponsors! From the minute you enter Kokomo and head north to Bunker Hill, you can feel all of the positive energy in the air. This experience is a great case study in how the power of positive pulls a community together for a common cause, and that people are willing to put aside all of life's personal problems to help others. (Go-Giver Principals in action!) Another BIG THANK YOU to all of the volunteers, sponsors, staff, security, Hallmark Homes, Anderson University, Ball State Universit... 10/28/2009

So the 5 clues probably gave away what we were doing! Here is part two of the GoGladiator TV coverage of the amazing ABC Extreme Makeover Home Edition with Hallmark Homes in Bunker Hill, IN. This one should probably be titled the "Muddy Edition". Enjoy! All we can say is WOW! The people are simply amazing, and to see sponsors that are giving so much to make a difference in the world is a breath of fresh air! A special thank you to Hallmark Homes and ABC for being so kind and allowing us to film so much great footage in the midst of all this organized chaos! LOVE IT! Harrison Painter Extreme Social Media Guy for Hire 317.871.1000 10/28/2009

Tiffany takes the lead role and leads Harrison on a secret mission to find out what in the world is going on in Bunker Hill, IN. She offers 5 clues, can you figure it out? LOVE IT! Harrison Painter Social Media Secret Agent for Hire (317) 871-1000 *Harrison Painter is a New Media Consultant with GoGladiator Media in Indianapolis, IN. He is creating mass value for people by showing them how to build a brand, and increase business, using the power of social media. Learn about Relationship Management, Interpersonal Micro Branding, Content Distribution, Social Influence, Target Marketing, and Authentic New Media Strategies that will explode your business! There is HUGE opportunity in real estate right now, and it is time to grab your market share. The GoGladiator Media Team is here to help ... 10/26/2009

Today, there are 800 homes for sale in Carmel Indiana!  If you are thinking about buying one of them, here are five secrets you should know as you begin your search. Be sure you have spoken to a lender FIRST.  There is nothing more disappointing than looking at homes and falling in love with one only to find out you cannot afford it.  The general rule of thumb, and I mean "general" is 2 1/2 times your earnings for your mortgage amount.  So if you make $100,000 you can mortgage $250,000.  Remember you must have at least 3.5% to put down making your purchase price right about $260,000.  This of course all depends on your credit and debt ratios. If you need a lender, let me know.  I have three that are outstanding in their business and highly responsive. When looking at homes, play the sub... 10/25/2009

Click the link below for a Virtual Tour:  http://www.pictureplanit.com/bin/player07.pl?file=public_html/in/772ivylane/772ivylane.xml     $291,000 3 Bedrooms3 BathsSq Ft: 2458 MLS# 2949081     Condo/Townhouse    Like new end unit courtyard townhome overlooking pond/fountain & common area, just minutes to Monon Trail & Central Park. Granite counter tops, oak cabinetry, maple flooring, recessed lighting and GE Black appliances make this large kitchen one you've always dreamed about. Oversized master suite, equipped with large walk-in-closet, cultured marble vanities, garden tub, and the upper level has a laundry. Recreation room on the lower level is perfect for all types of situations and could be used as a fourth bedroom. The lower level walks out onto an outdoor patio.This community is... 10/25/2009

There has been a lot of activity in the Carmel housing market the past few months. Some of the pertinent statistics are: 829 Active Listings 109 Sold Homes Average Sales Price $284,385 Avg Days on the market: 77 Avg List to Sales price ratio: 95% 143 Pending Sales What does this information mean?  The average sales price is low for the Carmel area due in part to the large numbers of first time buyers in the market buying their homes in the Carmel area. The average 77 days on the market means that homes sell fairly quickly once they are properly priced and in good condition. The overall outlook for Carmel remains very good. The large number of first time buyers the past 2 months into the Carmel housing market is a great sign as housing markets fix themselves from the bottom up. We expect... 10/16/2009

This is the monthly Carmel Real Estate Report card.  There are currently 822 homes for sale in Carmel Indiana, which is down slightly from last month.  Before we talk about the month; let's just recap the first three quarters of 2009.  There have been 906 homes that have sold/closed since January 1, 2009.  If we look at the absorption rate, that means about 100 homes sell each month.  If we have 822 homes for sale currently in Carmel; we have an 8 month supply of homes.  Now, of course this is a very general calculation; if your home were for sale you would want to do the absorption rate for either your specific neighborhood or for the price range you are in to more definitely focus on similar homes.  Neighborhoods and price points do vary the calculations. For September 2009, there wer... 10/15/2009

Here is what happened on the Carmel real estate market for September 2009:   2008 2009 % Change Active N/A 801 Homes Sold 88 108 23% Average Selling Price $311,381 $280,781 -10% Days on Market 82 76 -7% Price Per Square Foot $115 $108 List Price / Sale Price 97% 95% -2% What a mixed signal with the number of homes selling going up over 20% since last year but the average selling price falling by 10%.  I have a theory to explain this…the tax credit.  Since the average sales price in Carmel is much higher than other areas the tax credit expiring will create more sales but it will also temporarily drive down the price in Carmel.  This is because most buyers who qualify for the tax credit in Carmel are not going to be buying a house for $350,000.  I suspect we may similar stats over the ne... 10/14/2009

There are some great Halloween events planned for Carmel residents!  While October is a great month to purchase one of the 826 homes for sale in Carmel Indiana, it is also a great month to get out and enjoy our Indiana cool weather.  The Carmel Clay Parks has many events!  If you have kids that like to color, they can pick up a coloring sheet at the Monon Center or at the website and submit it by October 23rd to be entered to win a prize.  The artwork will be judged in age groups of 0-2; 3-5; 6-8 and 9-12 years old. The Pumpkinfest will be on Saturday, October 24th from 12-4 and is FREE.  You can purchase a pumpkin, enjoy a hayride and create a scarecrow! There will be pumpkin decorating on October 17th from 2-3; pumpkins are $10.00 each.  There is a Pumpkin Patch Festival from 10-1 at ... 10/13/2009

RE Barcamp Indianapolis is getting closer and the excitment is building! Take a look at the new logo that just came into my inbox a few minutes ago!   The logo was created by Michael price of mlbroadcast! Thank you so much! In the spirit of RE Barcamp, I am offering up a FREE Ebook Tweeting to the Third Power' in digital and audio formats. This book defines Twitter and gives your a simple to use strategy to build better relationships and explode your business! To get your copy visit GoGladiator Media or click on the Ebook photo! If you enjoy the Ebook and find value in it, please feel free to share it. Any feedback you have would also be greatly appreciated. I am always here to help! DON'T FORGET ABOUT OUR SPECIAL THURSDAY SHOW at 4:30pm (est) We have the amazing Gary Vaynerchuk LIVE on... 10/05/2009

There are currently 846 homes for sale in Carmel Indiana and 144 additional homes that are under contract (pended).  The graph below shows 122 homes sold in August compared with 130 in August 2008, so very close with the activity of a year ago. The neighborhoods with the most sold in August were Brookshire, Plum Creek and Shelborne Greene.  From the graph we can see that August actually is the closest to its counterpart in 2008; so maybe that is good news! The highest priced home in Carmel that sold was for $1,255,000 in Bridlebourne and it was only on the market 109 days.  The Indianapolis Business Journal had an article two weeks ago that said million dollar homes weren't selling; this one must have been priced well and in great condition.  There was one other home that sold over a mi... 09/18/2009

This is an old blog that I am reposting with some updates. With the decline in the housing markets, I felt it prudent to add to the list of items to watch for... Building a home can be a great experience...or a nightmare. As a local real estate agent I often see the long term effects of decisions made by people choosing to build a home. My past also includes 10 years as a new home sales consultant with both local and national builders. With this experience many of my clients build new homes with great success. With that in mind here are a few tips to help you should you decide to build:Have Representation: Hire an agent to represent you during the building process who has experience with builders. I know what you're thinking, of course I'll say that as an agent. However with 10 years ex... 09/13/2009

Pulte's Saddle Creek is a popular Carmel Indiana Real Estate location.  It is located in the Spring Mill and Towne area just north of 136th.  There are 493 homes in the subdivision and they were built between 2000 and 2005 for the most part. There are so many neighborhoods in Carmel with homes for sale, why would you pick Saddle Creek?  For starters it has very good resale in terms of days on market.  On the average, homes only last about 60 days. There have been 27 homes sold since January and there are currently 18 active homes for sale; so the absorption rate is about five months.  For this particular time in real estate, five months is good! The average price per sq ft is right at $110.00; with most homes ranging in price between $275,000 and $350,000.  There is one home currently o... 09/06/2009

08/23/2009

The data is out for July so we can look at some trends. This is the market report for Carmel Homes that have sold over the last seven months.  It is interesting to note that the difference between 2008 and 2009 is fairly consistent over the time period.  This month was a 16% decline, with the YTD difference at 21%. For July in particular, we saw 128 homes sell.  The best "deal" on paper was at 13066 Fleetwood which was a 3,000 sq ft home with another 1,100 sq ft in the basement for $157,000 (or $53/sq ft). It however needs a complete renovation.   The highest priced home was 12749 Parsons Gate in the Village of West Clay that sold for $1,425,000 ($292/sq ft) and had nearly 5,000 sq ft and an additional 2,800 in the finished basement. Overall on a YTD basis for 2009, the days on market a... 08/14/2009