For the month of November, there were 10 homes sold and closed in Traders Point compared to 14 homes sold in October.

Of the 10 homes sold in November, 2 homes were distressed property sales.

The average price of all homes sold in Traders Point was $231,360.
The Median Price of homes sold was $253,650
The highest price home sold was $500,000.
The lowest priced home sold was […]

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For the month of November, there were 64 homes sold and closed in Carmel compared to 69 homes sold in October.
Of the 64 homes sold in November, 6 home were distressed property sales.

The average price of all homes sold in Carmel was $294,796.
There are no figures for Median price.
The highest price home sold was $844,262.
The lowest priced home sold was $41,500.
The average Carmel […]

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There were no single family home sales in Eagle Creek in November, so, instead of a blank page, I thought you may enjoy a scenic view when the weather was a bit warmer and the trees still had leaves.
There are currently 19 homes available for sale in Eagle Creek and 10 condos in Cobblestone.
Homes for […]

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For the month of November, there were 49 homes sold and closed in Avon, compared to 39 homes sold in October.
Of the 49 homes sold in November, 13 were homes which were distressed sales; 12 were bank owned and 1 was sold as a short sale. These are the exact same numbers as last month, which indicates a smaller percentage […]

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For the month of November, there were 35 homes sold and closed in Brownsburg compared to 39 homes sold in October.
Of the 35 homes sold in November, 12 were homes which were distressed sales; 11 were bank owned and 1 was sold as a short sale.

The average price of all homes sold in Brownsburg was $145,404.
The Median price was $129,900.
The […]

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Last night my four year old grandaughter was playing with a puppet and asked my daughter, “What do you want for Christmas”? My daughter responded, “World Peace”.
Not really knowing what world peace is, quizzically and comically, she answered,
“well…..I don’t know about that”!
While none of us know what world peace would mean, from my home and […]

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One of the terms which is least understood and most overused in real estate is “average”. It gets used a lot in news media coverage of the real estate industry; I guess, simply because there is not a more definitive way to describe price or days on market.
Let’s use the following graph to look at the numbers. […]

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I love sitting by the fire with the tree lit. I think because it only happens once a year and for the most part, it is a happy time of year. People are a bit more cheerful, lights everywhere you go tends to brighten the early darkness.
Wishing you a bit of light, laughter and cheer this […]

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A mortgage is a contract between a lender and borrower, defining the terms by which a home loan must be repaid. 
The paperwork, signed by both parties, includes provisions for things like:

The interest rate
The length of the loan
The amount of money to be borrowed

But, like all loans, a mortgage loan can be paid off at any […]

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Heres some news which really doesn’t surprise me.
Earlier this year and under pressure from the government, mortgage lenders made more than 200,000 loan modifications to delinquent homeowners.
The modifications came in one of three forms, or a combination:

Interest rate reduction
Loan term extension
Principal forgiveness

But despite the modifications, as of October 1, more than half of the homeowners […]

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