Aug
15
Fishers Trees turning brown
Posted by marchantteam under For Buyers, For Sellers, General Information, Tips and Random Thoughts
Have you noticed the Norway spruce and white pine trees that have turned brown in Meadowbrook, Avalon or the Bristols in Fishers? There is no doubt it has been very hot in July and many people think this is the reason. But it isn’t.
There is currently a class action lawsuit against DuPont for putting a defective weed killer on the market, Imprelis. The herbicide was marketed by DuPont as a low environmental impact herbicide. But instead, it has the potential to migrate through the soil and come into contact with various root systems.
This is very close to home as R.N. Thompson Golf, LLC which operates golf courses here in the Indy area including Gray Eagle, Ironwood and Winding Ridge is leading the national class action suit. R.N. Thompson says between 130 and 160 tress have died in the Winding Ridge area.
If you notice the dying pines in your area of town…this could be the reason.
As an update to the number of homes for sale in Fishers, today it is 822 and the number below $150,000 is 213. There is still some very highly motivated sellers in the Fishers area that would like to sell their house to you!
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Aug
8
Fishers Homes Sold July 2011
Posted by marchantteam under Fishers, For Buyers, For Sellers, Marketing Reports
I think I alluded to it last month, but July shows some great news for the number of homes sold in Fishers for July. In July 2011, 153 homes sold in Fishers compared with 107 last year. That is a 40% increase…(wish the stock market would have that kind of a day!). Both the days on the market improved from 89 to 82 and the average price increased from $248,700 to $249,600. Can I get an “Amen”?
Of course, as a seasoned Fishers Real Estate agent…I must throw some caution to this. Last July was probably a very light month…everyone who wanted the repeat buyer and first time buyer tax credit had to close by June 30, 2010 to get that money. So, it’s possible July was light because June was so high last year. Just sayin’.
The number of luxury homes (over $500,000) was relatively stable at 5.
Neighborhoods who saw increased sales were both Avalon of Fishers (Pulte) and South Avalon (Beazer) with 4 each; Crosswinds at Windermere with 5, Saxony with 4 and Sumerlin Trails with 5.
A really great tidbit I noticed was that of all the REALTORS selling homes in Fishers this month, the Marchant Team had the most!
If you are curious about your neighborhood or your home’s value; just fill out the Request for my Homes Value page on our website. We can usually turn that around in a day.
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Aug
1
Hamilton County Housing Report – Good News
Posted by marchantteam under Buyer Information, For Buyers, For Sellers, General Information, Sellers Corner
Sometimes it is easy to get caught up in the negative National housing news…but the Hamilton County housing report is good news!
The June report shows 482 homes sold; or a 4.6% increase over June of 2010. This is important because June of 2010 was a big month as all of the first time buyers scurried to be sure they closed by the 6/30/10 deadline. So June of 2010 was a big number and we beat it in 2011!
The median sale price also from $207,500 to $215,500 or a 3.9% increase comparing June to June. Even for the YTD the number was up 1.3% from a year ago.
There continues to be a high amount of inventory available for sale with 800 homes entering the market in June compared with 851 homes a year ago. Typically within those 800 newly listed homes each month…20% are under $150,000.
Be sure to check back next week when the Fishers Market Report will be released; I suspect it will have very good news!
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Jul
25
Wintercove Neighborhood in Fishers
Posted by marchantteam under For Buyers, For Sellers, General Information, Neighborhoods
Knowing the best neighborhoods in Fishers can make finding the perfect home for sale in Fishers for you easier! Wintercove might be the one. It is tucked away just off of Allisonville Road between 106th and 116th on the East side of the Road.
It is a small neighborhood of only 68 homes but they are all custom built. Most were built in the early 2000′s making the landscaping beautiful and mature. The neighborhood is nearby to Bluestone, also a popular area. It is convenient to the popular Sahm’s Restaurant as well as banking, grocery stores and other restaurants.
Since January 1, 2010 6 have sold; only one with a basement. Most of the homes are at least 2500 sq ft with many over 3,000. Most of the homes have at least four bedrooms and three full baths. They typically sell in less than 90 days and price varies greatly depending on the size of the home. You can expect to pay more than $350,000 on average and may go as high as $575,000.
There are two currently pended; one for $547,900 with 3,445 sq ft plus 1,534 in basement and another for $417,000 with 2,473 sq ft plus the same in a basement. Both of these pended quickly (less than 90 days).
There is one of the market currently that has six bedrooms and five full baths! It is listed for $485,000 and does have a finished basement.
As we look at absorption rate which defines how well a neighborhood sells…Wintercove is one of the best neighborhoods in Fishers. There have been six that have sold/pend since 7/1/10 so that is one every two months. There is one listed making the absorption rate 60 days…who wouldn’t want to sell their home in 60 days or less!
Here is a link to the Wintercove Covenants for your review. If you are looking to buy or sell in Wintercove, I can help you do that.
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Jul
11
Fishers Real Estate Sold Market Report June 2011
Posted by marchantteam under Fishers, For Buyers, For Sellers, Marketing Reports
Do you live in Fishers Indiana? Do you wonder how the Fishers Real Estate market is doing in your neighborhood. This is the report for you.
The graph is a pictorial of the last three years showing homes for sale in Fishers that have sold by month. This month is very close to a year ago with 171 sold compared to 173 a year ago.
In fact, this is the 2nd month in a row where we are close to the volume from a year ago. Keep in mind the 1st Buyer Credit ended in April of 2010.
There’s good news and bad news to this. In 2011 the time it is taking to sell a home is 82 days; a year ago they were selling in 65 days. But, in 2011 the price per sq ft of a home selling is $99 compared with $95 a year ago…so an increase.
The most expensive home that sold in Fishers this month was an English Tudor for $1,225,000 and it was only on the market 32 days!
Neigborhoods in Fishers with homes selling the most include Avalon at 126th and Olio with 10; Springs of Cambridge with a Fortville address with 6 and Sunblest Farms in the heart of Fishers with 6.
A quick look at the YTD graph shows we are still a bit behind the year with the $8,000 credit! We are behind 17% from a year ago and our days on market are 92 YTD compared with only 77 a year ago.
We are averaging $96/sq ft this year compared with $93 a year ago. MIBOR says that homes that are priced to sell (based on the market) will sell for between 95 and 97%…and that is the case for both this year and last year on average.
Are you curious about your specific neighborhood. You can read the Fishers Neighborhood profiles or you can email/call me, your resource Real Estate agent in Fishers. I can tell you all about your neighborhood and what your home might be worth today. And it’s free!
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Jul
6
Top 5 Considerations for finding the Best Real Estate Agent in Fishers
Posted by marchantteam under Buyer Information, For Buyers, For Sellers, General Information, Sellers Corner
So you are ready to sell your home or buy a home and you’ve received numerous recommendations on which REALTOR to use…but how do you know which one is the best real estate agent for you?
Here are some considerations:
- How well do they know the area you are looking to buy or sell? For example, I had a call yesterday and the person is thinking about selling. I asked her where her neighborhood was and she said, Sweet Briar. I could immediately tell her how quickly her home was likely to sell because I know nea
rly every Fishers neighborhood. I had a buyer last weekend that was from out of town; over the course of being with them I could tell them about commute times, schools and resale values. All valuable in the buying process. - How available are they is another consideration. I have had two instances in June where I was able to secure the home for my buyers because I got them into the home the moment they came on the market and was available to write the offer within the hour. Both homes had offers received after ours was accepted. You snooze you can lose in this business; despite what the media tells you, houses are selling in Fishers.
- How responsive are they to your inquiries? Are you having to leave voicemails for your REALTOR and then wait 24 hours for a call back. Much to my husbands chagrin, I am often a 24/7 kind of person. You will most likely get me when you call and if not; you will get a call back often within the hour. Sellers love that about working with me.
- As you think about the REALTOR you want to work with; ask them if they are a good negotiator. I am an Accountant by background and the numbers flow freely in my head; I can typically do circles around another REALTOR in discussing pricing/net/closing costs/$ mortgaged at an interest rate/etc. I have often wanted to go back in for my clients one more time more than they want and gotten the best deal for them.
- Do you like them? This is important. You will be spending some intense time with this person. You need to be able to trust them. You need to be able to ask them all kinds of questions. You need to feel comfortable sharing personal information about your financial situation. You need to know that they will represent your best interest. You need to at the end of the day feel good about the house you bought or sold.
These Top 5 Things to Consider in Choosing your Next REALTOR are important. Be sure to interview with these thoughts in mind. Be sure to do some research on the individual you choose; if you can’t find them, how are people going to find your house. And when you are ready to buy or sell in Fishers, I hope you know I could be the one for you!
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Jun
27
Fishers Fireworks on the Fourth in 2011
Posted by marchantteam under Fisher Events, For Buyers, For Sellers, General Information, Happenings
The 4th of July is right around the corner; wonder where the best places to watch the fireworks in Fishers are…here’s a few suggestions!
Conner Prairie and the Glorious 4th is July 2, 3rd and 4th! It is more than just the nightly fireworks…although those will be held with the Indianapolis Symphony Orchestra. This is a chance to relive how the holiday was celebrated way back in the 1800′s with games, barn dancing and some great food.
Up in Noblesville, the Car Show and Parade will be on Monday, July 4th. The Parade (beginning at 16th and Harrison and travelling south on 16th to Logan) starts at 5:00 p.m. followed by the music o Dave and Rae at 7:00 p.m. The fireworks will start at 10:00 p.m.
Over in Geist…the Blast on the Bridge is a great outing with a boat parade, skydivers, great food and views from the Bridge.
Maybe take in an Indians game and watch the fireworks twice! The first will be in the Victory Field, but stay seated and you can also watch the Indianapolis fireworks launched at the top of the Regions Bank building. The Indians will be handing out American flags to the first 14,500 fans!
Be sure to check out more great spots by reading the Carmel Blog and the Geist Blog too!
And after the weekend is over and before school starts…if you are thinking about buying a new home in Fishers, be sure to check out the neighborhood reports or the marketing reports to learn more about the Fishers Real Estate market!
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Want more ideas…check on WTHR’s TODAY Indianapolis Page.
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Jun
20
Fishers Freedom Festival June 25th and 26th
Posted by marchantteam under Fisher Events, For Buyers, For Sellers, General Information
Fishers Indiana is a great place to live; we all know the numerous awards this town has received from Most Affordable to the Best Place to Raise a Family.
One of the reasons is the number of affordable events held in Fishers. This Saturday and Sunday, June 25th/26th is one of those events. It is the Fishers Freedom Festival!
It opens with the 5K on Saturday 25th; after you walk/run that event you will be hungry. Great news, the food vendors open at 10:00 a.m. Something that sounds like a lot of fun is the Water Balloon an Discover Scuba booth. The swimming pool will be set up at the far north end of Hollan Park.
The K-9 demonstration is at noon on the east side of the Entertainment Tent.
There are a variety of bands scheduled to play throughout the festival as well.
In the evening hours 7-9 PM there will be hot air balloon rides.
The main event, the Parade will be on Sunday at 4:00 followed by the Fireworks and Big Daddy Caddy band performance.
It is a family friendly event for all ages and one of the many fun things to do in Fishers. If you live in Sunblest Farms this will be an easy walk for you! Selling real estate in Fishers is a joy for me; the town sells itself! I hope to see a few of you there; have a great time!
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Jun
6
Fishers Homes Sold for May 2011
Posted by marchantteam under Fishers, For Buyers, For Sellers, Marketing Reports
While the number of homes sold in Fishers in May 2011 is still behind the 2010 numbers…the gap is decreasing substantially.
In May 2011, 158 homes sold in Fishers compared with 179 a year ago; so a 10% “ish” drop compared with 30% and higher drops in previous months. The first time home buyers credit in 2010 ended with contracts being written by 4/30/10 so I expected the 2010 number to go down.
While you might expect 2010 to significantly drop…looking at the graph, that doesn’t really happen until July. This time of year is historically a busy time to buy and sell homes.
The other statistics we look at are the Days on Market and the price per sq ft sold. The days on market are much longer in 2011 than a year ago. It was 83 in May 2011 compared with only 65 a year ago…there is more inventory too. The price per sq ft went up slightly to $96 from $94. Remember that this is a very neighborhood specific statistic, if you want to know what is happening in your neighborhood specifically, check out our Fishers neighborhood reports or email me.
There were 8 homes over $500,000 that sold compared with 6 a year ago. The most expensive home that sold in Fishers was in Cambridge at $1,200,000 (listed at $1,750,000) and on the market 874 days!
The lowest priced home was in Brooks Chase selling for $67,000.
Neighborhoods seeing lots of homes selling included Sunblest with 11, Woodberry with 6, Avalon with 6 and Brooks Chase with 5. One neighborhood that also saw a lot (as a % of total homes) was Fox Hollow with 4.
If you are looking to sell or buy a home in Fishers, call a Real Estate agent with experience and who knows the Fishers Real Estate market.
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May
30
Del Webb in Fishers – Britton Falls
Posted by marchantteam under For Buyers, For Sellers, General Information, Neighborhoods
Pulte or Del Webb has a great over 55 community in Fishers called Britton Falls.
To live at Del Webb you need to have one resident over the age of 55 and no on under the age of 19 as a permanent resident. You will enjoy all of the outdoor maintenance done for you; no mowing or snow removal! There is a golf course, an indoor pool, outdoor pool, fitness center, tennis courts and walking paths.
There are various floor plans ranging in price from $175,000 to $285,000 depending on what your preferences are. The monthly maintenance fees run approximately $190 a month. Taxes run approximately $150 a month.
There are currently 7 homes for sale in Britton Falls by Del Webb. The lowest price home is $165,000 and 1400 sq ft with two bedrooms and two full baths. The most expensive is $286,595 and 2,274 sq ft with two bedrooms, a den and two full baths. It also has a three car garage. Both of these homes were built in 2011. There are others for sale in the community that were built in 2007 and are resales.
Britton Falls is located at 136th and Cyntheanne Road.
How can a REALTOR help you in this process? A REALTOR experienced in selling homes in Fishers and specifically familiar with the Del Webb product and the build specifications of Pulte can be a great asset in determining if this home is right for you. To have a search created for you specific to this neighborhood; just contact me by email or phone and I can set one up for you.
Remember a real estate agent experienced in the Fishers market is free to you. The Del Webb home you choose will not cost anymore if you bring a REALTOR with you. And I can provide a peace of mind in making sure you are getting the right home for you.
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Indianapolis/Fishers Real Estate is authored by Cindy Marchant
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Being great with numbers shows that you have lot more to offer than many agents. I agree with all of the abilities and qualities you’ve mentioned to find the "best" agent. That goes beyond a "good" agent, who answers the phone, makes sure to add multiple pictures to their listings, and markets the client’s property to a satisfactory level. We both know that there are agents who don’t do any of that, so finding a great agent is vital to smoothest transaction possible.