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INVENTORY IS LOWEST IN 8 YEARS
New statistics out from the Fort Wayne Area Association Of Realtors (UPSTAR) indicate the inventory of homes for sale is now the lowest we have seen in 8 years. Lets take a look at a few reasons why. 1) Home … Continue reading
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Multiple Offers
Spring has sprung in the Midwest. The real estate market in the Fort Wayne, Indiana area is really taking off as nicer weather is descending upon us. And in the last couple of weeks a familiar friend is tagging along side … Continue reading
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New IRMLS Is Here!!!
The Indiana Regional Multiple Listing Service is now up and running and will gradually, over the next two years, grow to include a large part of the state of Indiana. What is this new MLS, how will it work and … Continue reading
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Low Inventory Means It Is A Good Time To List
For several years now, we in the real estate industry have been operating in the midst of what we call a “buyer’s market.” A “buyer’s market” simply means that market conditions are more favorable to a buyer than to a … Continue reading
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Time to Ease Banking Regulations!
So far this year the Midwest real estate market has been hopping. Lots of buyers. Inventory is shrinking. Now when that happens it usually infers a shift in the market from buyer friendly to seller friendly. Let me explain. When the … Continue reading
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Year Of The House!
2013 is being labeled the “Year of the House” as experts are preparing for a banner year in home sales. Will they be correct? We will see but there are a few interesting signs. 1) Last year we saw a … Continue reading
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People Will Always Need A Place To Live
There are certain truths about the economics of a country that will never change. Regardless of the person or political party in power, the cost of food or the unemployment rates, some things transcend momentary situations. One of those truths … Continue reading
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Homes For Christmas!
As we gather in our homes with friends and loved ones this Christmas season we should be reminded to count the many blessings we have and the freedoms we still enjoy. We also should remember those who won’t be … Continue reading
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Election Aftermath!!!
So now that Barack Obama has been re-elected what is the outlook for the real estate market in the foreseeable future? Lets take a look at a few signs. 1. When the incumbent stays in office it is likely that the policies in … Continue reading
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Government Red Tape!
Regardless of what political party they prefer, one unanimous conclusion is present when talking to people that have had to deal with a government entity about practically any issue: “It was a mess!” That consensus has been formed by people who … Continue reading
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