While spring is the traditional busy season the weather has turned warm during this unusually wet start to summer and the real estate market barely slowed down. Normally we’ve seen summer slowdowns after schools let out and families go on vacation. But this year while not as crazy as this past spring we’ve been busy selling houses on into July, the time of year I usually plan projects around the house.
The biggest problem we’ve been having and other realtors concur, we cannot get enough regular listings ($100-$250K single family homes). That particular part of the market is the hottest and homes sell quickly in that range.
Reading reports (links below) will confirm what we’ve seen but in general I think a lot has to do with the continuing lower interest rates that we thought would be climbing higher by now. When the Feds continue to say they will start raising them soon that adds to the urgency. So for now its go, go, go.
If you are even slightly thinking of selling, give us a call and we can help you decide if now is the right time for you to sell. Call The Derrick Team today at 317-563-1110!
Check out the general realtor sentiment with this site: http://www.stats.indiana.edu/housing/RealtorSentiment.asp
Great site for looking at your county sales info from the Indiana Association of Realtors: http://www.indianarealtors.com/Research/Indiana-Real-Estate-Markets-Report.aspx