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Indiana Posts Monthly and Yearly Gains in Home Sales
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.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Indiana Posts Monthly and Yearly Gains in Home Sales
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
Pick the service you desire below
Indiana Posts Monthly and Yearly Gains in Home Sales

April 5, 2012 (Shirley Allen)

Monthly and yearly sales of existing single-family homes and condominiums improved from January to February in Indiana while home prices edged slightly higher according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 3,551 existing single-family homes and condos were sold in the Hoosier State in February. That was 2.6 percent higher than the 3,458 homes sold in January and 20.5 percent higher than the 2,948 homes sold in February 2011.

The median sales price for an existing home in Indiana increased by 2.0 percent in February to $103,000, up from $101,000 in January, and was 0.5 percent higher than the median price of $102,500 in February of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “Our data, combined with the fact that consumer confidence is as high as it has been in a year, points to an active spring and summer. There are still some challenges to work through, but the statewide housing market is on its way to recovery with some local markets leading the charge.”

Of the 90 counties that provide data for the monthly report, forty-nine of the counties reported gains in home sales over the previous year with Grant County (+142.1 percent) reporting the largest increase while Lawrence County (-23.1 percent) posted the largest year-over-year decline in closed sales (minimum 20 sales).

Marion County recorded the most sales for the month with an estimated 617 home sales, up from 523 in February 2011, while Lake County followed with an estimated 252 closed sales for the month, up from 226 a year ago.

Year-over-year, thirty-nine counties posted an increase in their median prices led by Delaware County (+102.3 percent) with Bartholomew County (-28.8 percent) posting the largest decline in prices (minimum 20 sales).

The total number of homes available for sale continued to decline in February with 40,171 homes actively available. That’s down from 42,346 in January and from 43,759 in February of 2011.

The state had an average 9.0 months supply of homes available for purchase, up slightly from an 8.9 months supply in January but still down from an 10.0 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

April 5, 2012 (Shirley Allen)

Monthly and yearly sales of existing single-family homes and condominiums improved from January to February in Indiana while home prices edged slightly higher according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 3,551 existing single-family homes and condos were sold in the Hoosier State in February. That was 2.6 percent higher than the 3,458 homes sold in January and 20.5 percent higher than the 2,948 homes sold in February 2011.

The median sales price for an existing home in Indiana increased by 2.0 percent in February to $103,000, up from $101,000 in January, and was 0.5 percent higher than the median price of $102,500 in February of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “Our data, combined with the fact that consumer confidence is as high as it has been in a year, points to an active spring and summer. There are still some challenges to work through, but the statewide housing market is on its way to recovery with some local markets leading the charge.”

Of the 90 counties that provide data for the monthly report, forty-nine of the counties reported gains in home sales over the previous year with Grant County (+142.1 percent) reporting the largest increase while Lawrence County (-23.1 percent) posted the largest year-over-year decline in closed sales (minimum 20 sales).

Marion County recorded the most sales for the month with an estimated 617 home sales, up from 523 in February 2011, while Lake County followed with an estimated 252 closed sales for the month, up from 226 a year ago.

Year-over-year, thirty-nine counties posted an increase in their median prices led by Delaware County (+102.3 percent) with Bartholomew County (-28.8 percent) posting the largest decline in prices (minimum 20 sales).

The total number of homes available for sale continued to decline in February with 40,171 homes actively available. That’s down from 42,346 in January and from 43,759 in February of 2011.

The state had an average 9.0 months supply of homes available for purchase, up slightly from an 8.9 months supply in January but still down from an 10.0 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

April 5, 2012 (Shirley Allen)

Monthly and yearly sales of existing single-family homes and condominiums improved from January to February in Indiana while home prices edged slightly higher according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 3,551 existing single-family homes and condos were sold in the Hoosier State in February. That was 2.6 percent higher than the 3,458 homes sold in January and 20.5 percent higher than the 2,948 homes sold in February 2011.

The median sales price for an existing home in Indiana increased by 2.0 percent in February to $103,000, up from $101,000 in January, and was 0.5 percent higher than the median price of $102,500 in February of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “Our data, combined with the fact that consumer confidence is as high as it has been in a year, points to an active spring and summer. There are still some challenges to work through, but the statewide housing market is on its way to recovery with some local markets leading the charge.”

Of the 90 counties that provide data for the monthly report, forty-nine of the counties reported gains in home sales over the previous year with Grant County (+142.1 percent) reporting the largest increase while Lawrence County (-23.1 percent) posted the largest year-over-year decline in closed sales (minimum 20 sales).

Marion County recorded the most sales for the month with an estimated 617 home sales, up from 523 in February 2011, while Lake County followed with an estimated 252 closed sales for the month, up from 226 a year ago.

Year-over-year, thirty-nine counties posted an increase in their median prices led by Delaware County (+102.3 percent) with Bartholomew County (-28.8 percent) posting the largest decline in prices (minimum 20 sales).

The total number of homes available for sale continued to decline in February with 40,171 homes actively available. That’s down from 42,346 in January and from 43,759 in February of 2011.

The state had an average 9.0 months supply of homes available for purchase, up slightly from an 8.9 months supply in January but still down from an 10.0 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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