Indianapolis/Fishers Real Estate

Each year Fishers awards several local businesses their Pillar Award.  This award is given to a business that supports the local community and celebrates their success and best practice in business.

There are four categories listed below:

1. Design Appeal Award (Landscaping, Exterior Design, Business Front Appeal)
2. Emerging Growth (In business between 1-3 years, signifcant growth in sale, size or profitability)
3. Small Business of the Year (Employs 25 of fewer employess, exhibits community spirit and provides a positive impact)
4. Business of the Year (The grand puba award!  Employs over 25 and similar criteria as Small Business of the Year)

The nominees for 2010 can be found on the the Pillar Awards Chamber Website but some of them are Chateau Thomas Wine Bar, Riviera Maya Bar and Grill, Wolfie’s, Herbal Art, Kristie’s Kreations, Cheeseburger in Paradise and Scotty’s Brewhouse. (Quite a few restaurants!).  Herbal Art won the 2009 Emerging Growth Award.

The winners will be announced on Wednesday October 20, 2010 at the FORUM Conference Center at 11:30.  The cost to attend the event is $18.00 pre registration and $25.00 at the door.

Your Fishers Realtor will be there to report and provide a post announcing the winners similar to the 2008 Pillar Award Post. 

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

Every so often I will ask someone I meet who sold them their home…and they can’t remember.  I think that says something about the experience they had.  I feel almost 100% sure everyone I have every sold a house to or sold a house for remembers that I was that person.  I always try to exceed their expectations and deliver an experience that they will want to tell others about (in a good way!).

Our Marchant Team statistics for selling Fishers Real Estate during 2009 were 115 transactions and over $24 million in sales.  We sold homes in less than 65 days for 97% of list price.  Most Realtors® would think that would be enough to get them their next sale.  This Fishers Realtor does not!  I think it is important to stay in touch with my clients who often become my friends.  The Marchant Team loves to host Client Appreciation events that include a Spring Fling (with egg hunt), October hayride at Eagle Creek, Euchre Party, Wine Tasting, Cookies with Santa, and other events.  We also love to mail reminders to our clients like bookmarks, Colts calendars, lottery tickets, etc.  We want to stay top of mind for referrals but also for references to home problems you may encounter.

In this post, I am going to share some of the best vendors out there for work you may need done; I have had the pleasure of working with these folks and would highly recommend them.

Housecleaning:  Zowie Home Solutions; ask for Shelly the owner.  Her husband, Ben is a handyman! 

Carpentry or Renovations:  More Than a Carpenter; Ted Morrett (email me for phone/email address)

Irrigation Person:  Jack Follmar with Follmar Irrigation (email me for phone/email address)

Interior Decorating:  I have many to choose from but for today; Redesign 24 and Teresa Lorton.  Teresa also does outside landscaping like ponds and rock gardens.

Lender:  Curt Uminger with Hallmark Home Mortgages is one of the best out there!

That’s just the beginning of the list.  I have electricians, plumbers, masonry people and if I don’t know them personally; I also subscribe to Angie’s List so I can give you the best referral possible. 

It is more than just selling your home or helping you buy a home, although I want to do a stellar job for you.  It is being a resource for you long after you signed the documents.  It is remembering to appreciate you and that you chose me to represent you in one of the most important times in your life.  Because I do sincerely appreciate that I was your choice!

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

I have written a post specific to Relocating to Fishers a few weeks ago and it caused me to think about doing a video.  I decided the first video would be about Indianapolis because often a company will relocate people to work downtown but they will live and play in surrounding communities like Fishers.

I work with relocating individuals frequently (partly as a result of this blog!) and also my affilaition with area hospitals and medical company’s.  I have heard recently that we don’t advertise our tourism enough; that there is a great deal to do and see in the Indy area!

Those people are right!  So, here is the video; let me know what you think!

Because this is a Fishers Real Estate blog, I do want to mention there are currently 772 homes for sale in Fishers and 114 condo’s for sale in Fishers. 

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

I am getting ready to mail out our Colts Sports calendars today and am a tad reflective about the past 10 years and all of the clients I have met and still enjoy seeing.

Helping someone buy or sell a home is such an intense relationship and usually for a fairly short time.  You talk nearly every day and share great joy and sometimes frustration. 

On the selling side, I have to be the objective one and bring my clients around often; it is their home and they typically have a great deal of pride.  I understand that.  When another Realtor® shows their home and says it smelled or they need a trip to Goodwill, I have to figure out ways to help my client see an opportunity.

On the buying side, I have to again be the voice of reason.  Most buyers are emotional about the homes they buy (unless they are an Engineer!!).  I want them to understand resale, appreciation and possible cost or improvements with the home.

We always get through it and we always stay in touch with various client appreciation events throughout the years.  Coming up is the  maiing of our Colts Calendars with a team picture.  Postcards for the Eagle Creek Hayride will be going out soon too; that’s in October.  The Euchre Party is in November with an array of soups!  Buying and selling with this Fishers Realtor is more than a single transaction, it typically is for life!

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

If you have your home for sale in Fishers, you probably saw fewer showings this month.  The weeks after the end of the tax credit saw the number of pending sale decline.  This will be apparent in the graph below, fewer sales for the last several months.

There are currently 885 condo’s or homes for sale in Fishers which is a high inventory giving buyers lots of choices.  In a post I wrote about the lower interest rates, it is apparent that with today’s interest rates you can get more than the $8,000 tax credit that was offered earlier this year in less than four years!

There were 99 homes that sold in Fishers in July compared with 171 last year.  This is a 42% decline from July of 2009.  It is the third straight month where the numbers are less than a year ago.  July is a dramatic decrease.

There is also a decrease in the number of pended homes from a year ago of about 35%.

The explanation I would like to float is one I have mentioned in previous blog posts; we borrowed the buyers from May, June and July and more than likely August.  They all bought in April before the credit expired.  So, it won’t last forever and hopefully by September we will see the number start to return to 2009 levels.

The Days on Market were 90 compared with 65 a year ago which again makes sense as there are fewer buyers. The price per square foot remains constant from a year ago, so virtually no appreciation.

The Fishers neighborhoods that sold the most in July were a bit of a surprise.  The usual first time home buying neighborhoods like Brooks Chase, Sunblest Farms and Woodberry did not make the list adding some credibility to the theory above.  This month we saw only one neighborhood sell over four homes and most sold less than three.  Only Pulte’s Avalon sold four.

The over $500,000 market did well with five homes selling this month.  The highest priced home sold for $745,000 after just 19 day on the market.  It was a 2,700 sq ft ranch with a full finished basement on the water; sounds very sweet.

Normally I would do a pitch here about selling your home with an experienced Fishers Realtor, but I do want to be fair and tell you your current Realtor® is probably not at fault currently.  The Fishers Real Estate market is soft right now.  Stayed tuned to this blog, because the market will turn and you’ll want to know when to expect your home to sell!

Search homes for sale in Fishers by Neighborhood

Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

Weaver Woods or Weaver Creek is located between SR 37 and Allisonville Road just south of 146th street.  It is a neighborhood that is convenient to shopping (Clay Terrace), grocery (new Marsh) and interstates (I69) for easy travel.  It is one of the more popular neighborhoods in the Fishers Real Estate 

There are approximately 250 homes in Weaver Woods and another 130 in Weaver Creek that were built mainly in 1999 and 2000.  There is a nice mix of two story and ranch homes and some ranch homes have large lofts.  Many have three car garages and basements.  There is a new one coming on the market that is four bedrooms with a small basement, but it has a bar that they built to die for; very classy.

In reviewing the history for Weaver Woods/Creek, eleven have sold in the last seven months and three are pending so lot’s of good activity.  There are only four on the market currently (soon to be five) so about a two month supply for an absorption rate.  A balanced market is 5 months and so 2 months is definitely a seller’s market.

The history shows that the homes are selling for about $95.00 a sq ft and in less than 90 days on market for the most part.  One of the homes that just pended has been on the market over a 150 days and the current active is also over 150 days.  Probably more a sign of the times than anything else.

Your Fishers REALTOR® is very familiar with the homes for sale in Fishers and the neighborhoods.  I can help you determine the best resale value neighborhoods along with the best value for your money.

Search for active listings in Weaver Woods or Weaver Creek

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

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There are times when a client teaches me way more than I could ever teach them.  I recently had a home for sale in Fishers in the Bristols.  I closed on it last week; every so often one of those sales sticks with you and I think this one will be one of those.

The client had listed the home with me before, two years ago.  At that time there was a young lady in our office that was going through a tough time.  She had asked to rent the home with the option to purchase it.  I suggested to my client that he give this lady a chance.  Long story short, that young lady lost her job and was unable to convert the option leaving my seller without a sale and quite honestly quite a bit of work to be done in the home.

I felt very responsible for the situation.  After all, the client had trusted me to get the home sold.  The client had taken a job in another city in another state and was unable to get the home ready to sell after the young lady and her family had moved out.

I felt it was important to me to get the home ready and luckily my BNI chapter has house cleaners, lawn maintenance people and stagers.  We all worked together to paint the home, clean the carpets, stage it and within just a few weeks we sold it.  I served as the Power of Attorney for the client so that his involvement was minimal.  I made sure I got the Warranty Deed and Vendor Affadavit to him so that there would not be a fee to file the POA.  I also make sure he had wiring instructions well in advance so that there would not be any glitches to the closing.

The client put all of their trust in me to get a job I had started finished.   He was so thankful for all that I did for him.  I felt so fulfilled taking a situation that went south because of me and making it work out for him. 

As a Fishers Realtor, you can count on me.  You can count on me to figure out what needs to happen, you can count on me to follow the transaction from start to finish with every detail covered, you can count on me to get it done. 

Search homes for sale in Fishers by Neighborhood

Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

This is the 20th featured Fishers neighborhood in the two years of writing this Fishers Real Estate blog!  Today I wanted to tell you about Charleston Crossing that is just east of Allisonville Road on 116th. 

There are currently three homes for sale and six that have sold since 1/1/10.  This is a three month absorption rate which is excellent; a balanced absorption rate is 5-6 months.  This particular neighborhood in Fishers would be characterized as a seller’s market because it is only three months.

Most of the homes were built in 1988 and 1989 and are three bedroom and 2 or 2 1/2 baths with between 1400 sq ft and 1800 sq ft.  All of the homes will have two car garages and no basements.  There is a variety of ranch and two story homes in the neighborhood.

On average they sell for about $100 a sq ft and their days on market are a mere 24 days.  You can expect to pay between $155,000 and $170,000 for a home in Charleston Crossing.

One of the benefits of living in this neighborhood is the proximity to restaurants and shopping and easy access to 465 via Allisonville Road.  The Castleton Mall is also very close to this area.

If you would like to view homes for sale in any neighborhood in Fishers, we have created the link for you.  Just click on the neighborhood and any active listings will be shown.  As your Fishers Realtor expert, please send me any questions about neighborhoods or let me know about highlighing yours!

Search for active listings in Charleston Crossing

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Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

My Fishers Real Estate blog often covers Fishers market reports and great Fishers neighborhoods, but I love to share the events in Fishers Indiana too!  Coming up on July 31st is the Flavor of Fishers 2010.  The event runs from 12:00 noon to 10:00 p.m. at the USA Parkway Circle; the only entrance will be via the Sallie Mae Parking Lot.

Tickets are $5.00 in advance and $7.00 at the door; children under 12 are free.  You can get tickets at Marsh or the Chamber office.  Food, beer and wine tickets are extra.  Remember the food vendors can only accept tickets, no cash.

There are so many great restaurants that will be participating including Cheeseburger in Paradise, Encore Desserts, Paradise Bakery (if you want a coconut and chocolate chip cookie, get there early because last year they ran out!), Qdoba, Sahm’s, Scotty’s, Shebella’s Pizza (new on 96th and Masters), Wolfie’s and so many more. 

There will be a beer and wine garden as well as great entertainment.  On the main stage will be Ribs n Bone from 12-3; Toy Factory from 3:30 to 6:30 and Band Wagon from 7-10p.m.  For the kids in the Family Fun Zone, there will be Silly Safari, Radio Disney and a Magician!

With over 15,000 people expected, you are bound to see someone you know.  It is a great community event and I look forward to seeing you there! 

Search homes for sale in Fishers by Neighborhood

Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775

I have been the recent Ambassador to Indy!  I have been working with clients from Plano, Phoenix, San Diego, Chicago, New York and Seattle lately.

I love giving the Tour of Indy that includes Conner Prairie, Geist Reservoir, downtown Fishers, Carmel and Zionsville, Meridian Kessler and Broad Ripple and of course downtown Indy with Conseco, Lucas Oil Stadium, the Indians ballpark and White River State Park.  And I of course show them a few homes for sale in Fishers and other areas to give them an idea of the cost of living here.

Out of town clients are consistently amazed by our low property taxes, our lack of fences (we actually like each other here in metro Indy!), and the textured ceilings.  It is fun to watch their amazement when they see all that they can buy and do here.

It helps that Fishers was named yet again as one of the Top 10 places to live by Money Magazine as well as Carmel being named 14th!

One thing that relocation clients to the Fishers area like to know is the salary and cost of living comparison  I have a relocation cost of living guide on my website where you put in your current salary in “x” city and it converts it to what would be needed here in the Indy area to maintain your style of living.

For example, if you put in that you make $112,000 in Arizona, you will only need to make $100,000 in Indy.  It will also tell you that Groceries will cost 11% less, housing will cost 15% less, etc.  It is a really cool tool brought to my website from CNN Money Magazine.

If you are relocating to the Indianapolis area and would like a relocation book, send me an email.  It has tons of great information about our city that includes how much snow we usually get, how we got the name “Hoosiers” and more!

And if you are relocating specifically to Fishers, I would love to show you homes for sale in Fishers and all the great things that have contributed to the accolades it has received!

Search homes for sale in Fishers by Neighborhood

Other Northside Blogs (Carmel, Noblesville, and Geist)

 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775