While I have loved writing about Fishers Real Estate over the past four years on this site, it’s time to take it to the next level.
You can still find me writing about the Fishers Neighborhoods, the great events and monthly market reports over at my new website. The new site incorporates the news about Fishers, Carmel and Geist so one stop shopping!
Hope to see you there! Visit our Fishers Blogs often there.
Part of being a great Fishers Real Estate agent is having resources that keep me up to date on the latest information I need to know. So today, one of my home inspectors, Rob Rehm is going to do a Guest Blog for me. If you would like to contact Rob for more information or for a home inspection, just email me and I’ll put you in touch.
By Rob Rehm:
The U.S. Consumer Product Safety Commission estimates that annually dryers are associated with 22,000 home fires which result in some deaths and injuries. Fires can occur when lint builds up in the dryer or exhaust duct thus blocking the air flow. Reduced air flow causes excessive heat buildup that can result in a fire.
How to prevent fires?
Clean the dryer lint screen/filter before drying a load of clothes. If clothing is damp after drying or the drying cycle is taking much too long, then this may be a sign of blocked air flow.
Clean the dryer vent and exhaust duct to the exterior of home annually. Check the exhaust termination on the exterior wall for proper operation; the termination must be free of lint, with no screen and a flapper that operates to prevent animal entry. Monitor dryer air flow out of the exhaust termination with the dryer operating normally. If you do not feel significant air flow, the duct system may be partially blocked, or the duct is too long. Check the User’s Guide to ensure the duct is the correct length. If blocked, have it evaluated and cleaned appropriately.
Clean around dryer and under dryer periodically to remove lint build up. Ensure that flammable materials are not stored around the dryer.
Replace plastic accordion type duct connector from dryer to wall with rigid metal or semi-rigid metalized duct. Also, ducts from dryer to exterior of home should have a slight slope downward (with no dips) to avoid collecting water and thus trapping lint.
Take special care when drying clothes that have been soiled with volatile chemicals such as gasoline, cooking oils, cleaning agents, finishing oils or stains. Wash this type of soiled clothing more than once before drying and dry it on the lowest heat possible.
For additional information consult the web at www.cpsc.gov/cpscpub/pubs/5022.html
Sure, everybody knows a REALTOR; but how do you find the right REALTOR for you. Maybe you already know a lot about the Fishers Real Estate market and you just need someone to negotiate for you. Or maybe you aren’t sure what you can even afford and need to start at the beginning with a REALTOR. Here are some things to ponder as you start the process of searching for a home for sale in Fishers.
The Metropolitan Board of REALTORS has 5,800 members. There were 75% of those agents that did less than 10 transactions last year. And of the remaining, only 250 agents wrote more than 30 transactions last year. That says that there is a small pool of experienced agents and in this business experience is priceless.
It is so much more than sitting down and listening to what you want; it is asking why those things are important to you, it is watching you in the homes and listening to your emotion and the questions you ask, it is shaking the etch a sketch sometimes to find a house that is perfect for you that you hadn’t thought of.
It is so much more than opening the door; it is the way we look at the home, the analytics we do with the history of the home and comparables in the neighborhood, it is the way that we negotiate and the way that we troubleshoot the issues on the way to the closing table that makes the experience one that is successful for you the buyer.
If you are a first time buyer, come visit our first time home buyers clinic that we hold each month; registration is required. But we have a Real Estate agent, a lender and a home inspector go through the process (45 minutes) and then have a Q & A. We give you some great handouts to take with you too.
I am one of the 250 agents that wrote more than 30 transactions last year; and I’ve had some interesting hurdles this year that a rookie agent might have handled differently with a negative outcome. The best REALTORS can make the transaction look easy; but that’s a skill developed over time. Every transaction will typically have a least one blip…find an experienced agent you can trust.
Homes sold in Fishers for the year 2011 compared to 2010 were actually only 2% different. There were 1447 homes sold in Fishers in 2011 compared with 1476 a year ago.
Thank goodness for the third quarter, the only quarter where we outsold 2010. The reason is simple…in 2010, the first time buyer credit expired on 6/30/10 so that there were virtually no more buyers in the 3rd quarter of 2010.
It is good to see amidst all of the negative rhetoric about the declining housing market that at the end of the year we can see our local Fishers Real Estate market be within 2% from a year ago.
Other good news includes the average selling price. This year, an average home in Fishers sold for $241,058 compared with $229,909 a year ago. This represents about a 5% increase in the selling prices.
The only bad news is the length of time a home for sale in Fishers is on the market. In 2011, the average was 91 days, the median (most common) was 69 days…so still better than most cities in the country. In 2010, our average days on the market were 81 and the median was 59. So basically our sellers in Fishers are staying on the market an extra 10 days in 2011 and they do that for a 5% increase in selling price…a good deal I would say.
The Marchant Team sold 38 homes and our average days were 69; so we typically can sell faster than the average agent in Fishers.
We do this because we have experience in preparing a home for sale (i.e. staging), pricing the home correctly and marketing the home better than most (i.e. IVR system, enhanced website placement, etc).
If you would like to discuss how to sell your home with the Marchant Team, we would love that opportunity; to exceed your expectations.
Looking for a starter home for sale in Fishers? There are currently 134 homes under $150,000 for sale; 46 of those are condo’s. Of the 134, there are 35 that are “distressed” meaning bank owned or a short sale.
I have one that is completely updated with stainless steel appliances, new kitchen cabinetry, center island, new flooring, updated tile and vanity in baths, new roof, new windows and new HVAC system.
Located at 11715 Rush Drive, the home is fully fenced and has a minibarn and playset. The list price is $144,900.
My sellers bought the home and being the handy people that they are opened the kitchen so that is flows to the formal DR and living area. They vaulted the ceilings too.
Located in the popular Sunblest Farms subdivision; it is walking distance to the park and various shops and restaurants. The walkability score is a 10!
Sunblest is a neighborhood that does not have a Homeowner’s Association, so no HOA fees.
Fishers has received many awards over the past couple of years highlighting its family friendliness, affordability and safety. It continues to be ranked as one of the best places to live in America.
So if you are looking to move into a home in Fishers in 2012; this one might be worth a look in person.
If you are currently in an apartment or living with family and are unsure about how to buy a new home or what is involved, be sure to sign up for our First Time Buyers Class. It is held the last Thursday of every month at our offices in Fishers.
Hope to see you there!
If you are moving to Fishers Indiana, you will be excited to know Fishers was just named the safest place to live in the nation according to CQ Press. CQ is one of the best database references in the country and produces the crime rating report once a year.
The City Crime Rankings report was based on the 2010 crime statistics of 405 cities and Fishers had the lowest violent crime rate for cities with populations between 75,000 and 100,000.
Here is a list of the awards Fishers has received most recently:
- Indiana Association of Cities and Towns (IACT) Green Community
- #1 Top 10 Cities for Families in U.S. – The Learning Channel (TLC)
- Certificate of Excellence from the Center for Performance Measurement (ICMA)
- #1 Best Affordable Suburb in U.S.- BusinessWeek.com
- #2 Best Under-rated Golf Community in U.S. – Livability.com
- Healthiest County in Indiana – Community Health Network
- Top 100 Places to Live in 2010 – RelocateAmerica
- Top 100 Best Places to Live in America (#8 Ranking) – Money Magazine
- IPEP Award for Workplace Safety
Working with clients who are relocating to Fishers, I hear things about our affordability, our schools, our convenience to downtown and our friendliness.
The news for homes for sale in Fishers is getting gloomy. The last several months have seen declining numbers compared to prior years. It certainly isn’t the low interest rates, I saw 3.25% on a 15 year last week at a closing. It certainly isn’t seller motivation, I have seen seller’s give up way more than the average 5-7% on a list price. What is it then? Perhaps consumer confidence and with an election looming in 2012; I am not sure we will be out of this for quite awhile.
The numbers for November 2011 showed an 18% decline from last year at this time. In 2011, 72 homes sold in Fishers compared with 88 last year and 123 in 2009!
The stats are equally gloomy with the average days on market at 103 in 2011 compared with only 88 a year ago. The average price of a home sold in Fishers in 2011 was $246,973 compared with $248,382 a year ago.
Some of the neighborhoods that sell like hot cakes fell off this month, most notably Sunblest. It had only one home sold this month. The only one that seems to be holding its own is Avalon of Fishers, the Pulte subdivision just north of 116th on Olio. They sold 5 homes this month.
The lowest priced home was an 1850 sq ft home in Luxhaven selling for $40,000 and Fishers saw two over $1,000,000 sell this month.
If you are thinking of selling your home in Fishers, be sure you have the best Real Estate agent in Fishers helping you. Review the comparables with them, don’t just assume they or you have the right number. Compare sq ft, compare finishes, compare lot, compare upgrades, etc. Get the right price out of the gate! Then stage it and show it whenever you can…and hopefully 11 showings later (my average), it will be SOLD!
There are so many fires that happen that could be prevented with a little caution. If you have a bird’s nest near your exterior lights; those light bulbs could become hot enough to ignite the materials the nest is made of such as twigs and grass.
Both of the fires in the Brooks Chase area were caused by this. Once a fire hits an attic…it spreads very rapidly.
So if you notice a birds nest anywhere near your exterior lighting…be sure to either remove the nest or do not use the lights until you can remove the nest.
Brought to you by your Fishers Real Estate Agent!
The Realtor.com Server where my blog is hosted is back just in time for me to report on the Fishers Real Estate Market! I hope you have missed me; I have missed writing about the homes and events in Fishers. My site had an upgrade that went south so could not post for weeks…but I am back!
Okay right to the stats! This is the second straight month where we are exceeding our 2010 numbers. In August 2011, there were 150 homes sold in Fishers compared with 130 a year ago. Even the luxury market in Fishers (over $500,000) improved to 7 sold in August 2011 compared with 5 a year ago.
The days on market were a tad higher at 76 versus 74 a year ago; but wouldn’t it be great to sell your home in 76 days! There are a lot of homes well over 90 in our market. The price per square foot was up just a bit to $95/sq ft from $94/sq ft a year ago.
One of the tidbits for the August report is a bank owned home in the Hawthornes out in Hamilton Proper that sold for $752,000 in August; it had sold for $1.1 million in 2005…sign of the times.
The most expensive home that sold in Fishers was in Breakwater; a really cute neighborhood that is within walking distance to the shops and restaurants at the Marina in Geist. It was 10,000 sq ft and was on the market only 39 days and sold for $2.2 Million
Neighborhoods with great activity this month were Avalon (5), Brookston (5), Sandstone (5), Tanglewood (5) and the big winner Sunblest with 8 homes sold in just August. I sold two of those.
Happy to be back writing and thank all of you for your notes about why I wasn’t posting…nice to know I’m being read. Remember when you are considering selling your Fishers home or buying a Fishers home, I’d like to be the one to help you do that!
Many of you probably know by now that July 1st; the annexation of many neighborhoods (Weatherstone, Canal Place and Intracoastal) was completed. Fishers now has a third zip code to add to 46037, 46038 and that is 46040.
Intracoastal @ Geist is a reasonably priced area to live and have access to the Geist Reservoir and boating. There are currently 177 homes in the neighborhood and about 130 of those have basements. Many of these homes have walk out basements which is rare in the Fishers area.
They were built in the mid 2000s and Centex (a division of Pulte) continues to build in the neighborhood although only a few lots remain. It is a neighborhood with variety of home floor plans…many two story homes but also many ranches and many ranches with an Eagle’s Nest area.
In fact I have one of those currently on the market at 11105 Fathom. It is an 1800 sq ft ranch with the Eagle’s Nest and has an expansive deck overlooking the water. It also has a deeded boat dock.
The neighborhood has walking trails and a neighborhood pool as well as boat docks. Intracoastal @ Geist also has covenants.
If you are looking for a neighborhood with easy access to Hamilton Town Center, Muncie or downtown Indianapolis…the Intracoastal @ Geist could be your next home!
To visit this neighborhood…take 116th to Olio to 113th and head east about a mile and you will see the Intracoastal at Geist neighborhood on your right. Take a drive through the neighborhood; you will love it.