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Home Sales in Indiana Improve for Seventh Consecutive Month
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FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
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Home Sales in Indiana Improve for Seventh Consecutive Month
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Home Sales in Indiana Improve for Seventh Consecutive Month

August 9, 2012 (Shirley Allen)

Home sales in Indiana surpassed the previous month’s tally for the seventh consecutive month in June with two-thirds of the counties reporting improved sales according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 6,750 existing single-family homes and condos were sold in the Hoosier State in June. That was 5.3 percent higher than the 6,411 homes sold in May and 11.0 percent higher than the 6,081 homes sold in June 2011.

Through the end of June, home sales in Indiana are 14.1 percent higher than during the same time period last year and have increased year-over-year for 12 consecutive months.

The median sales price for an existing home in Indiana increased by 1.6 percent in June to $124,000, up from $122,000 in May, and was 3.4 percent higher than the median price of $119,900 in June of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “For the third month in a row, the statewide housing market has made very good news. Home prices and market activity were strong during June which is a result of pent-up demand and continued low interest rates. It’s also because homes across Indiana have historically held value, so real estate here has long been viewed as a wise investment.”

Of the 92 counties that provide data for the monthly report, sixty-one of the counties reported gains in home sales over the previous year or were unchanged with Fulton County (+140.0 percent) reporting the largest increase among counties with 20 sales or more while Dubois County (-32.4 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 1,103 home sales, up from 993 in June 2011, while Hamilton County followed with an estimated 616 closed sales for the month, up from 482 a year ago.

Year-over-year, forty-nine counties posted an increase in their median prices led by Steuben County (+26.6 percent) with Henry County (-23.4 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes for sale increased slightly in June with 48,131 homes actively available. That’s up from 47,484 in May and but still down from 52,042 in June of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from May but down from an 11.6 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Indiana

Source:
IAR

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

August 9, 2012 (Shirley Allen)

Home sales in Indiana surpassed the previous month’s tally for the seventh consecutive month in June with two-thirds of the counties reporting improved sales according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 6,750 existing single-family homes and condos were sold in the Hoosier State in June. That was 5.3 percent higher than the 6,411 homes sold in May and 11.0 percent higher than the 6,081 homes sold in June 2011.

Through the end of June, home sales in Indiana are 14.1 percent higher than during the same time period last year and have increased year-over-year for 12 consecutive months.

The median sales price for an existing home in Indiana increased by 1.6 percent in June to $124,000, up from $122,000 in May, and was 3.4 percent higher than the median price of $119,900 in June of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “For the third month in a row, the statewide housing market has made very good news. Home prices and market activity were strong during June which is a result of pent-up demand and continued low interest rates. It’s also because homes across Indiana have historically held value, so real estate here has long been viewed as a wise investment.”

Of the 92 counties that provide data for the monthly report, sixty-one of the counties reported gains in home sales over the previous year or were unchanged with Fulton County (+140.0 percent) reporting the largest increase among counties with 20 sales or more while Dubois County (-32.4 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 1,103 home sales, up from 993 in June 2011, while Hamilton County followed with an estimated 616 closed sales for the month, up from 482 a year ago.

Year-over-year, forty-nine counties posted an increase in their median prices led by Steuben County (+26.6 percent) with Henry County (-23.4 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes for sale increased slightly in June with 48,131 homes actively available. That’s up from 47,484 in May and but still down from 52,042 in June of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from May but down from an 11.6 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Indiana

Source:
IAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

August 9, 2012 (Shirley Allen)

Home sales in Indiana surpassed the previous month’s tally for the seventh consecutive month in June with two-thirds of the counties reporting improved sales according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 6,750 existing single-family homes and condos were sold in the Hoosier State in June. That was 5.3 percent higher than the 6,411 homes sold in May and 11.0 percent higher than the 6,081 homes sold in June 2011.

Through the end of June, home sales in Indiana are 14.1 percent higher than during the same time period last year and have increased year-over-year for 12 consecutive months.

The median sales price for an existing home in Indiana increased by 1.6 percent in June to $124,000, up from $122,000 in May, and was 3.4 percent higher than the median price of $119,900 in June of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “For the third month in a row, the statewide housing market has made very good news. Home prices and market activity were strong during June which is a result of pent-up demand and continued low interest rates. It’s also because homes across Indiana have historically held value, so real estate here has long been viewed as a wise investment.”

Of the 92 counties that provide data for the monthly report, sixty-one of the counties reported gains in home sales over the previous year or were unchanged with Fulton County (+140.0 percent) reporting the largest increase among counties with 20 sales or more while Dubois County (-32.4 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 1,103 home sales, up from 993 in June 2011, while Hamilton County followed with an estimated 616 closed sales for the month, up from 482 a year ago.

Year-over-year, forty-nine counties posted an increase in their median prices led by Steuben County (+26.6 percent) with Henry County (-23.4 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes for sale increased slightly in June with 48,131 homes actively available. That’s up from 47,484 in May and but still down from 52,042 in June of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from May but down from an 11.6 months supply a year earlier.

Tags: existing homes, condos, sales, median home prices, Indiana

Source:
IAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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