Indianapolis Real Estate Market

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Indy real estate statistics weekly with top local agents in the Indianapolis Real Estate Markets including Hamilton County, Carmel, Westfield, Noblesville, Fishers, and surrounding cities. Top local agents discuss current market conditions. Do not buy a home without a professional real estate agent. Plus, we update you weekly on fixed mortgage rates.

Indianapolis Real Estate Market


    • Nov 24, 2023 LATEST EPISODE
    • every other week NEW EPISODES
    • 22m AVG DURATION
    • 87 EPISODES


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    Latest episodes from Indianapolis Real Estate Market

    Episode #87 "Carrie Holle talks with Architecture Designer Gary Nance about Million Dollar Luxury Homes."

    Play Episode Listen Later Nov 24, 2023 20:33


    Join us for an exclusive journey into the world of opulence and design on Carrie Holle's 'Luxury Trends' podcast, where our esteemed host Carrie Holle, alongside the insightful co-host Tony Cardenas, from the Indy Podcast, unravels the intricacies of high-end architecture. In our latest episode, we're thrilled to welcome the illustrious Gary Nance, a celebrated Architectural Designer based in Carmel, Indiana. Gary is not just a visionary in his field but also a name synonymous with luxury, boasting a portfolio filled with multimillion-dollar homes and a featured appearance on the cover of Better Homes and Gardens. Dive Deep into the Architectural Genius of Gary Nance From Vision to Reality: Gary shares his compelling journey into the architectural world and the keys to thriving in the luxury market. Trends Unveiled: Is the Modern Farmhouse fading? What truly defines 'Modern' vs 'Contemporary' architecture? Carrie and Gary explore these burning questions. Luxury Redefined: Discover the latest must-haves in high-end homes, from pickleball courts to the ultimate relaxation amenities. Unique Requests: Gary opens up about the most unique and unusual demands he's encountered in his career. Market Insights: How does the current real estate climate affect luxury investments? Our discussion delves into this and more.

    Episode #86: "Unveiling Luxury: The Inaugural Journey with Carrie Holle"

    Play Episode Listen Later Nov 14, 2023 24:45


    "Hello, and welcome to 'Luxury Trends by Carrie Holle,' where we provide an intimate look into Carrie Holle's remarkable journey in the real estate industry. I'm Tony Cardenas, your cohost. In this inaugural episode, we explore the roots of Carrie's career, from the beginning to sealing deals on multi-million dollar estates. Carrie generously shares rare insights, recounting tales of collaboration with elite colleagues across the nation. As we pave the way for future episodes, you can anticipate in-depth explorations of luxury hotspots like Naples, Miami, and Beverly Hills. From discussions about private jets to unveiling the secrets of the high-life elite, this podcast is designed to enhance your understanding of luxury living. Remember, 'Luxury Trends by Carrie Holle' is being cross-promoted on my podcast network, Indy Podcast Real Estate Market. We're excited about this collaboration and look forward to bringing you more captivating content in future episodes. Thank you for joining us on this journey into the world of luxury trends.” Follow us on: Luxury Trends By Carrie Holle: https://podcasters.spotify.com/pod/show/carrieholle --- Support this podcast: https://podcasters.spotify.com/pod/show/indypodcast/support

    "Inside Indy: The Tug-of-War Between Scarce Listings and Climbing Mortgage Rates "

    Play Episode Listen Later Sep 28, 2023 9:24


    According to Greg Cooper of COMPASS REAL ESTATE, "The market dynamics we're seeing are unprecedented. While low listings typically stimulate a seller's market, the high mortgage rates are acting as a counterbalance. It's crucial for both buyers and sellers to be well-informed and to work with real estate professionals who understand the intricacies of the current scenario." High mortgage rates further complicate the issue. Buyers who might have been comfortable with the price of a home now have to reconsider due to the increased cost of borrowing. This means that even if they find a suitable property, the financing might prove to be a hurdle. --- Support this podcast: https://podcasters.spotify.com/pod/show/indypodcast/support

    Episode #84 Market Watch: Navigating Today's Mortgage Rates are they 6.500% or really 7.625% on conforming rates going to 8.000%

    Play Episode Listen Later Sep 28, 2023 15:06


    This week, we discuss mortgage rates offered by banks, mortgage lenders, and mortgage brokers to determine who is the most competitive in today's market. Tony Cardenas and Greg Evans from SimpleMortgage123.net will share their insights on current market trends. We reviewed today's rates live during the show. --- Support this podcast: https://podcasters.spotify.com/pod/show/indypodcast/support

    marketwatch mortgage rates conforming navigating today greg evans
    Episode #83 "Real Estate Revelations: A Deep Dive with Compass Real Estate's Greg Cooper

    Play Episode Listen Later Sep 25, 2023 9:24


    Podcast Episode #82: "We discuss this tumultuous housing market for buyers and sellers with my friend, Realtor Greg Cooper from Compass Real Estate."

    Play Episode Listen Later Sep 13, 2023 21:16


    "For this week's show, Greg Cooper from Compass Real Estate in Carmel, Indiana discusses the challenges of buying and selling in the current market. Additionally, I delve into the latest Housing Wire news and WSJ mortgage rates." --- Support this podcast: https://podcasters.spotify.com/pod/show/indypodcast/support

    Beyond the Data: How Indy's Local Experts Define the Real Estate Game"

    Play Episode Listen Later Aug 3, 2023 32:59


    Indianapolis, with its thriving neighborhoods and buzzing real estate activity, serves as a testament to the Midwest's steady growth. Beyond the city limits, areas like Carmel, Fishers, Westfield, and Noblesville resonate with their own rhythms of property sales. At a glance, everything appears to be moving upwards and onwards. But, as is often the case with real estate, the devil is in the details. While aggregated data from a vast 16-county area might suggest a certain trend or pattern, it's vital for buyers, sellers, and investors to understand that not all data paints an accurate picture. For instance, generalized data can sometimes obfuscate the nuances of individual markets, leading to potential misconceptions. If you're aiming for a comprehensive understanding of a city's or neighborhood's market, local insights become indispensable. There's a saying in real estate: "Local knowledge is gold." This couldn't be truer for Indianapolis and its surrounding areas. A realtor who has been on the ground, making daily sales in a specific city, can offer insights no broad dataset can match. Imagine considering a property in Carmel. While broad data might hint at market saturation, a local realtor could enlighten you about an upcoming infrastructure project or community center that might substantially boost property values in the near future. That's the sort of on-the-ground intelligence that can make or break an investment. When it comes to financing a property, the big banks with their towering skyscrapers might seem like the obvious choice. But a closer look reveals a different narrative. Small town banks and independent brokers are increasingly outshining their larger counterparts. They're not only more aggressive in their offerings but also often provide better rates. Moreover, the experience with smaller banks tends to be more personalized. Large institutions can sometimes get bogged down with bureaucracy, making the mortgage process longer and more tedious. In contrast, a smaller bank or broker might offer flexibility, speed, and a level of personal attention that larger banks struggle to match. Indianapolis and its surrounding cities are booming real estate hubs, but understanding their intricacies requires a local touch. Whether it's making an informed property purchase or securing the best mortgage rate, turning to local experts, be it realtors or small-town banks, can make all the difference. In the world of real estate, a local touchpoint isn't just an advantage—it's a necessity. The Data DilemmaThe Local Realtor AdvantageSmall Town Banks & Brokers: The Unsung HeroesIn Conclusion Thank you to this weeks team Kyle Morris and Shelly Walters FC.Tucker and Justin Griffith | Keller Williams Indy Metro North East --- Support this podcast: https://podcasters.spotify.com/pod/show/indypodcast/support

    "Safeguarding Your Sale & Unveiling Mortgage Nuances": Shelly Walters & Kyle Morris on Contingencies and the Truth Behind Pre-Approvals

    Play Episode Listen Later Jul 19, 2023 28:57


    Taking a closer look, Shelly Walters and Kyle Morris, renowned industry experts, shed light on an essential aspect: contingencies in home selling. With market dynamics being as fluid as they are, sellers are increasingly advised to consider contingencies to ensure they're safeguarded throughout the deal. But that's not where the complications end. The mortgage domain, too, is riddled with nuances that every prospective homebuyer must be aware of. While low mortgage rates might seem alluring at first glance, the fine print tells another story. Getting a pre-approval may provide a sense of security, but it's the full final approval that seals the deal. And in this journey, transparency—or the lack thereof—by lenders can be a gamechanger. Buyers, be vigilant. Those tantalizing low rates could be laden with hidden costs in terms of points and fees. Host: Tony Cardenas Indy Real Estate Market / Update. www.indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    "Interest Rates Impacting Indy Real Estate: A Deep Dive into Buyers and Homeowners' Challenges"

    Play Episode Listen Later Jul 12, 2023 27:38


    Welcome to "Indy Real Estate Market Insights." Today, we'll address the impact of high interest rates on home buyers and current homeowners in Indianapolis. The steep rates have made it challenging for first-time and second-time buyers to enter the market, resulting in a decrease in activity. Meanwhile, current homeowners are hesitant to sell their homes and purchase new ones due to the financial strain caused by the high borrowing costs. Thank you to this weeks real estate team. Tony Cardenas | Host www.indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    "Heather Herrin: Building Dreams with DR Horton Builders in the Indy Real Estate Market"

    Play Episode Listen Later Jun 27, 2023 30:02


    Looking to stay informed and make smart decisions in the dynamic world of real estate? Look no further than the Indy Real Estate Market weekly podcast. Join us every week as we take you on a captivating journey into the thriving Indianapolis real estate market. Our podcast is your go-to source for up-to-date market statistics, insightful property trends, and invaluable tips to navigate the ever-changing waters of real estate. Whether you're a seasoned buyer, seller, or investor, we've got you covered! In our latest episode, we have a treat for you. Prepare to be inspired as we sit down with Heather Herrin from DR. Mortgage - America's #1 Home Builder. Joining her are Shelly Walters and Kyle Morris, esteemed experts from the prestigious FC Tucker Company. Together, we'll dive into the fascinating world of homebuilding and provide you with the freshest market statistics. Don't miss out on the knowledge and expertise our podcast brings to the table. Tune in to the Indy Real Estate Market weekly podcast and empower yourself in the world of real estate. Subscribe now and unlock a wealth of valuable information that will propel you towards your real estate goals. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    "First Time Homebuyer's Compass: Charting the Path to Homeownership" Special Guest: Raquel Walters

    Play Episode Listen Later Jun 23, 2023 35:04


    Join us for a special episode as we navigate the exciting world of first-time homeownership with our special guest, Raquel Walters. As a trusted guide on this journey, Raquel shares her expertise and insights, serving as a beacon of knowledge for aspiring homeowners. Together, we'll chart a course towards achieving the dream of owning a home. Don't miss this illuminating conversation with Raquel Walters, your trusted companion in the realm of first-time homeownership. Thank you to this weeks team Shelly Walters FC. Tucker and Kyle Morris FC.Tucker Tony Cardenas Host | Indy Real Estate Market / Podcast www.IndyPodcast.Media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    "Indy Metro Real Estate Market Faces Headwinds with High Mortgage Rates, Testing Homebuyers' Affordability"

    Play Episode Listen Later Jun 16, 2023 26:43


    Indy Real Estate Market Podcast: Tight Inventory and Low Mortgage Rates Fuel Competition According to the latest Redfin report, the housing market in Indy Metro continues to face challenges due to tight inventory and historically low mortgage rates. The report highlights that a staggering 91.8% of homeowners in the US with mortgages are enjoying interest rates below 6%, which is just below the record high of 92.9% reached in 2022. Homeowners are reluctant to part with their lower rates, as they secured them before the spike in rates last year. This situation has contributed to the ongoing scarcity of available properties in the market. The report suggests that the majority of American homeowners, 82.4%, have a mortgage rate below 5%, and 62% have a rate below 4%. Remarkably, 23.5% of homeowners even have a mortgage rate below 3%, one of the highest proportions on record. These statistics are considered to be the primary drivers behind the shortage of new home listings. Both newly listed homes and total listings have plummeted to record lows for this time of year. As a result, prospective homebuyers are facing intensified competition, which is further preventing home prices from declining. Given the persistently high mortgage rates and the potential for further increases, fewer current homeowners may choose to sell and re-enter the market. Without an influx of new inventory, the US housing market bubble could continue to grow, leading to further price escalation. The podcast discusses these findings in detail, shedding light on the challenges faced by homebuyers and the potential implications for the Indy Metro real estate market. Thank you to Shelly Walters and Jeff Mathey with FC.Tucker Carmel Office and Justin Griffith Keller Williams Indy Metro Northeast Tony Cardenas | Host Indy Real Estate Market Podcast www.indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    This week we talk current market listings for Hamilton County and Indy North. Top Realtors: Shelly Walters, Kyle Morris with FC.Tucker and Justin Griffith Keller Williams

    Play Episode Listen Later Jun 8, 2023 29:53


    Welcome to the Indianapolis Real Estate Market Weekly Podcast! In today's episode, we dive into the pressing question on everyone's mind: Is the sinking housing market finally at the bottom? We have gathered insights from market experts who will shed light on the state of mortgage financing and discuss what the potential "new normal" might look like. Over the past 15 months, the housing market has faced significant challenges as the Federal Reserve took action to combat rising inflation. Starting in March 2022, the Fed escalated its benchmark interest rate, causing a ripple effect in the housing industry. With a total of 10 rate hikes since then, the once-hot housing market came to a screeching halt. As we approach the June 13-14 meeting of the Federal Open Market Committee (FOMC), industry professionals are bracing themselves for another potential shock to interest rates. However, amidst this uncertainty, there is a glimmer of hope. Many market observers believe that the Fed might pause its rate-escalation strategy at the upcoming meeting. According to the CME FedWatch Tool, which calculates probabilities for FOMC rate moves, there is a 77% chance that rates will remain steady within the current range of 5% to 5.25%. In this episode, we will explore the implications of this possible pause in rate hikes and its impact on the Indianapolis real estate market. Our experts will analyze the current state of mortgage financing and provide their predictions for what the future might hold. Join us as we navigate through these uncertain times and seek to uncover the potential "new normal" for the Indianapolis housing market. Tune in to the Indianapolis Real Estate Market Weekly Podcast to gain valuable insights and stay ahead of the ever-changing real estate landscape. Thank you to our staff for the information. Host Tony Cardenas - IndyPodcast.Media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Indy Real Estate Market " Weekly Podcast" We discuss lake front properties and what realtor can do with giving feed back on real estate deals.

    Play Episode Listen Later May 25, 2023 32:32


    In today's market news, mortgage rates have seen a slight increase due to the Federal Reserve's recent interest rate hikes. However, there is some potential for stability ahead. Following a 25-basis-point increase on May 3, the Fed has indicated that this might be the last hike for now. The central bank is considering a pause in rate hikes and keeping rates steady to bring inflation down to its 2% target. If inflation continues to decrease, experts believe that a pause in rate hikes could bring stability to the current volatile mortgage rate market. Host: Tony Cardenas www.indypodcast.media Shelly Walters FC.Tucker Justin Griffith Keller Williams Kyle Morris FC.Tucker --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Indy Real Estate Market - update with Shelly Walters, Kyle Morris and Justin Griffith. Market starting to turn a bit more subject to increase in rates!

    Play Episode Listen Later May 19, 2023 25:39


    The housing market's significance to the nation's economy cannot be overstated, a fact evident in the events of the past year. In 2022, the market took unexpected twists and turns, leaving both experts and analysts surprised. As we venture further into the new year, the housing market continues to defy predictions and expectations. This is attributed to a combination of factors, including elevated mortgage rates, inflation, persistently high home prices, and a scarcity of inventory in most local markets—factors that are deviating from the norm. Furthermore, the recent banking crisis has compounded the already unusual pressure on the housing market. Mortgage rates have been on a rollercoaster ride since the beginning of 2023.Following five consecutive weeks of declines between March and April, mortgage rates rose for two consecutive weeks only to dip again. In May, mortgage rates have held steady, with the 30-year, fixed-rate mortgage averaging 6.39% for the week ending May 18, up from 6.35% the week prior, according to Freddie Mac. Though rates are approaching the levels where they started in 2023—and threatening to surpass them—housing market watchers continue to hold out hope that mortgage rates peaked last year and will soon resume their steady decline, assuming the Federal Reserve backs off on rate hikes. Tony Cardenas Host IndyPodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #72 Thriving in Turbulent Times: Navigating Indianapolis' Low Inventory and Rising Mortgage Rates" with Klye Morris and Shelly Walters FC.Tucker

    Play Episode Listen Later May 12, 2023 19:04


    Welcome to this week's podcast, where we delve into the dynamic real estate market of Indianapolis. In recent times, the city has experienced a shortage of inventory, coupled with rising mortgage rates. Join us as we explore the challenges and opportunities presented by this evolving market and uncover strategies to navigate these conditions successfully. Understanding the Low Inventory Challenge: Explore the factors contributing to the low inventory in the Indianapolis real estate market. Discuss the impact of population growth, new construction, and housing affordability on inventory levels. Analyze how low inventory affects both buyers and sellers, and strategies to overcome related obstacles. Rising Mortgage Rates: Examine the reasons behind the increase in mortgage rates compared to a year ago. Understand the impact of higher mortgage rates on home affordability and buyer demand. Provide insights into how buyers can adapt their strategies to accommodate higher interest rates. Navigating the Competitive Market: Explore strategies for buyers to stand out in a competitive market with limited inventory. Discuss the importance of being prepared, including obtaining pre-approval and working with experienced real estate agents. Highlight alternative homebuying options such as off-market listings, new developments, and creative negotiation tactics. Tony Cardenas | Host Indy Real Estate Market "Weekly Podcast" --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    We are experiencing short inventory and houses are selling quickly and for over list price. Interest rates move up with the FEDS talking about another possible increase.

    Play Episode Listen Later May 2, 2023 22:10


    Justin Griffith Kellers Williams and Shelly Walters FC. Tucker Carmel Office we discuss about this weeks bleak outlook on inventory in Marion and Hamilton County. The housing market in Carmel, Westfield, Noblesville, Fishers and Zionsville Indiana, appears to be experiencing a slowdown, with limited inventory and rising interest rates. This situation can be attributed to several factors, which may include the following: High demand and low supply: Carmel has seen an increased demand for homes due to its strong economy, good schools, and family-friendly amenities. This demand, coupled with a limited number of homes available for sale, has led to a competitive market with low inventory. Rising interest rates: The Federal Reserve has been raising interest rates to control inflation and stabilize the economy. Higher interest rates make borrowing more expensive, which can lead to decreased demand for mortgages and a subsequent slowdown in the housing market. Seller hesitancy: Homeowners may be hesitant to sell their homes in a market with low inventory and rising interest rates. They may be concerned that they will not be able to find a suitable replacement home, or that they will need to take on a more expensive mortgage if they sell. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Indy Markets: Activity for sellers and buyers is heating up for the spring market. Interest rates aggressively tick up in the 7.000% range on the 30 year fixed rate.

    Play Episode Listen Later Apr 20, 2023 29:56


    This weeks Justin Griffith Keller Williams, Kyle Morris FC.Tucker and Shelly Walters FC.Tucker. Thank you to FC.Tucker Carmel, IN Office. Mortgage apps decline as first-time buyers pull back from the market  Borrowers' demand for government loans decreased by 14%: MBA As the banking crisis stabilized last week, mortgage rates increased, reducing borrower demand for home loans. However, with limited for-sale housing inventory, these higher rates are primarily challenging for potential first-time homebuyers. Overall, mortgage applications fell last week by 8.8% from one week earlier on a seasonally adjusted basis, per the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. April 19, 2023, 11:13 am By Flávia Furlan Nunes by Housing Wire. Tony Cardenas | Host www.IndyPodcast.Media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    This week, we interviewed Angel Dean, the managing broker at FC Tucker Carmel, IN along with Shelly Walters and Kyle Morris.

    Play Episode Listen Later Apr 13, 2023 28:16


    This week, we interviewed Angel Dean, the managing broker at FC Tucker Carmel, along with Shelly Walters and Kyle Morris. With the arrival of spring, the housing market is experiencing low inventory, resulting in realtors selling properties for over the list price. It is advisable to hire a real estate agent to avoid overbidding and potentially save a significant amount of money. "Low Inventory and High Demand: Spring Housing Market Sees Realtors Selling Homes Above List Price, Underscoring Need for Expert Real Estate Agents to Help Homebuyers Navigate Competitive Market" Mortgage Rates Recover After Inflation Data Matched ForecastsBy: Matthew GrahamWed, Apr 12 2023, 4:25 PM "Mortgage News Daily " If we could only blame one thing for the huge jump in interest rates seen since early 2022, it would be inflation.  That fact led to a high degree of focus on reports like today's Consumer Price Index (CPI), which is unequivocally the most relevant monthly data point on inflation as far as interest rates are concerned. Today's CPI data was right in line with expectations at face value, but the underlying details were slightly rate-friendly.  Specifically, the component that measures housing expense saw its biggest drop since the start of the pandemic.  That's important because it remains one of the last and most stubborn sticking points in a price landscape where many other components have long since corrected back to more normal levels. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Housing Inventory is Short in Indy Metro | Realtor Safety is a Must, What Realtors need to look out for | Shelly Walters F.C. Tucker Kyle Morris F.C Tucker, Nick Rodger Remax, Marty Dulworth Remax

    Play Episode Listen Later Mar 30, 2023 31:02


    Housing Inventory is Short in Indy Metro Markets + Anderson Indiana this week with Nick and Marty @ RE/MAX Anderson The housing inventory in the Indianapolis metropolitan area is currently short, causing some homes to sell for more than their asking price. Despite the high 6% to 7% fixed mortgage rates, the demand for homes remains strong. Mortgage Brokers Outpacing Banks: In this market, mortgage brokers are outpacing banks as they offer lower rates. Banks seem to be offering higher rates, making mortgage brokers a more attractive option for homebuyers. Thank you to FC.Tucker Carmel Office for this weeks podcast conference room. Realtors Shelly Walters, Kyle Morris FC.Tucker plus Guest Nick Rodgers and Mart Dulworth from RE/MAX Anderson, IN. Tony Cardenas Host www.indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    "Navigating the Housing Market Rollercoaster: Insights from Mayor Scott Fadness of Fishers, Indiana"

    Play Episode Listen Later Mar 22, 2023 44:33


    Guest this week Mayor Scott Fadness of Fishers, Indiana. It's great to have you here to discuss the housing issues in your city. I understand that the low inventory in the housing market is driving up list prices on homes and leading to bidding wars. This is a common issue across many cities in the US, and it can make it challenging for prospective buyers to find affordable housing. Additionally, I see that interest rates are currently in the range of 6.875% to 7.250% for 30-year fixed-rate mortgages. This is a relatively high rate, and the possibility of the Fed increasing rates further could add to the challenges for potential buyers. In light of these circumstances, what is the city of Fishers doing to address the housing issue and make it easier for residents to find affordable homes? Moreover, with Fisher's being part of the Indy Metro market, how is Hamilton County faring compared to other areas in terms of the housing market? Thanks to this week panel realtors Shelly Walters FC.Tucker and Justin Griffith keller Williams and to FC.Tucker Carmel Office for there media conference room and staff. Tony Cardenas | Podcast Host | 317-376-8001 www.indypodcast.media | email: info@indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #66 "Underinsured Homeowners and Soaring Prices: How High Interest Rates and Low Inventory Shake Up the Indy Real Estate Market" Gabe Green Allstate talks with Shelly Walters!

    Play Episode Listen Later Mar 15, 2023 40:37


    Welcome to our Indy Real Estate Market Update! This week, we'll discuss two major concerns impacting homeowners in the area: underinsured properties and the reluctance to sell homes due to high interest rates. We'll dive into why these issues are occurring and how they're affecting the real estate market, including inventory levels and home prices. The Dangers of Underinsured Properties 1.1: Understanding the risks of underinsurance Briefly explain the concept of underinsurance and its implications for homeowners, particularly when it comes to replacing costs and handling a complete loss. 1.2: Factors contributing to underinsurance Explore reasons why homeowners may be underinsured, such as outdated insurance policies or a lack of understanding of their home's actual replacement cost. 1.3: Tips for homeowners to ensure adequate coverage Offer advice on how homeowners can avoid underinsurance, such as regularly reviewing their policies and working with a reputable insurance agent. Section 2: High Interest Rates and Reluctance to Sell 2.1: The impact of high interest rates on homeowners Discuss how rising interest rates make it more expensive for potential homebuyers to secure a mortgage, and how this may deter current homeowners from selling their properties. 2.2: Consequences of low inventory in the market Explain the relationship between the reluctance to sell and low inventory, and how this is leading to bidding wars and inflated home prices. 2.3: Strategies for navigating the current market conditions Provide suggestions for both buyers and sellers on how to adapt to the market's challenges, such as being prepared for competition and staying informed about mortgage options. Conclusion: In conclusion, underinsured properties and the reluctance to sell due to high interest rates are two pressing concerns in the Indy real estate market. Both issues contribute to low inventory and inflated home prices, putting added pressure on buyers and sellers alike. It's crucial for homeowners to regularly review their insurance policies and stay up-to-date on market trends to navigate these challenges successfully. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #65 Current Housing Shortage in Indianapolis Metro Markets Causes Buying Challenges and Higher Prices for Buyers" Shelly Walters FC. Tucker & Justin Griffith KW

    Play Episode Listen Later Mar 8, 2023 29:59


    Due to the current housing shortage in the Indianapolis metro markets, including Hamilton County, buyers are facing challenges. With no inventory available, buyers are likely to pay almost list price, if not over list price, for the perfect home. Interest rates have risen to over 7%, negatively impacting purchase application data for three consecutive weeks. However, there was a good run in purchase applications from November 2022 until February, which is now reflecting in home sales. Sellers should be prepared to sell their homes and have them ready for market. It is recommended to use a mortgage discount broker for mortgages, as big banks typically have higher rates. Lastly, it is advised not to pay points on mortgage applications, as the cost will not be recovered when rates come down in the near future. Thank you to this week's team Shelly Walters FC.Tucker, Kyle Morris FC.Tucker and Justin Griffith Keller Williams Indy Metro NE & tony Cardenas Host. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #64 "Home Buying in a Tight Market: Why Inspections Are Crucial and How to Make the Most of Limited Inventory"

    Play Episode Listen Later Mar 1, 2023 29:50


    This week's guests on the show are Patty Thornberry from Security Home Inspections and Real Estate Agent Brenda Cook from FC. Tucker. As always, we highly recommend getting a home inspection before finalizing a purchase. A professional inspector can help identify potential issues with the property and save you from costly repairs and unexpected expenses in the future. It can also give you leverage to negotiate a lower purchase price or request that the seller fix any issues before closing. For a reliable and thorough assessment of your property, contact Patty Thornberry with Security Home Inspection here in the Indy market at 317-848-1744. The current real estate market is experiencing low inventories and rising home prices, with some homes receiving over-list offers due to high demand. Interest rates are in the mid-6.5% to 7% range, subject to lender, credit score requirements, loan-to-value percentage, and a down payment of 20%. Thanks to this week's staff, including Shelly Walters and Kyle Morris from FC. Tucker, and our podcast host, Tony Cardenas. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #63 Indy Real Estate Market Podcast Tackles Low Inventory and Incentives for Buyers. Guest: Stacy Barry Century 21

    Play Episode Listen Later Feb 24, 2023 30:17


    In the latest episode of the Indy Real Estate Market weekly podcast, the hosts tackled the hottest topic in Indianapolis - the low inventory in the real estate market. With expert insights from industry professionals including Special Guest Stacy Barry from Century 21 Sheets, along with Shelly Walters from FC. Tucker, Kyle Morris from FC.Tucker, and host Tony Cardenas, the podcast is a must-listen for anyone looking to buy or sell property in the city. The hosts discussed how the low inventory is driving competition among buyers, leading to over-asking price offers for certain homes. However, they also pointed out that local builders are stepping up with incentives to help potential buyers navigate the difficult market conditions. But that's not all. The hosts also highlighted a little-known secret that many buyers are unaware of - they can use a real estate agent for free when buying from a builder. Builders typically cover the agent's fees, and this provides buyers with valuable professional guidance throughout the complicated building process, which can often be highly stressful. In a city where the real estate market is fiercely competitive, the Indy Real Estate Market podcast is a valuable resource for those looking to make informed decisions. With expert insights, data-driven analysis, and insider tips, the podcast is a must-listen for anyone looking to buy or sell property in Indianapolis. Thank You to Stacy Barry Century 21 Shelly Walters FC.Tucker, Kyle Morris FC.Tucker and the data from MIBOR. Tony Cardenas Host of Indy Real Estate Market - Weekly Podcast --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode: 62 | This weeks podcast Inventory is low but we are talking about a few multiple offers in the Indy Metro Real Estate Market place!

    Play Episode Listen Later Feb 16, 2023 28:54


    Housing Market Tracker: Inventory drops as mortgage rates move higher Will mortgage rates slow housing down again? February 13, 2023, 12:55 pm By Logan Mohtashami The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher.Here is a quick rundown from last week:Purchase application data had a 3% week-to-week increase. The start of 2023 has been good, considering mortgage rates have stayed above 6% most of the time. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year. However, we are working from a higher level in 2023. The 10-year yield jumped aggressively, continuing the decisive move from jobs Friday, and mortgage rates have moved from the recent lows of 5.99% back to 6.50%. Purchase application data We saw a weekly increase of 3% in purchase applications and the year-over-year data is improving, although it is still down 37% from last year. The extremely high comps that we had to deal with from October 2022 to January 2023 are coming to an end, which means that every month we should see the year-over-year declines move lower, even if the data just stay flat. All information is not guaranteed and subject to change without notice. Tony Cardenas Host | www.indypodcast.media --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode: 61 | This week Justin Griffith with Keller Williams is back in the studio from Indy Home Show we talk Container Homes + market inventory is short!

    Play Episode Listen Later Feb 9, 2023 27:51


    This week we are getting back get back on track with this weeks team of realtors. Listen to this weeks podcast. 'm sorry, as an AI language model, I don't have access to real-time data. However, I can provide some general information regarding the real estate market in Indianapolis, Indiana and Hamilton County. Low inventory levels in the housing market can lead to increased competition among buyers, which can drive up prices. Higher mortgage rates can also make homes less affordable for buyers, potentially slowing demand and leading to slower price appreciation. The federal funds rate increase last week by the Federal Reserve is likely to lead to an increase in mortgage rates, as mortgage rates are closely tied to long-term interest rates. This can make it more expensive for buyers to finance their home purchase, potentially slowing demand for homes and leading to slower price appreciation. It's important to note that real estate markets can vary greatly based on local economic conditions, and that the housing market in Indianapolis and Hamilton County may not be directly impacted by changes in the federal funds rate. For a more specific and up-to-date analysis of the real estate market in Indianapolis and Hamilton County, I would recommend consulting with a local real estate agent or market analyst. Information can change with US.Markets and cancellation of real estate pending sales. WWW.INDYPODCAST.MEDIA --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Episode #60 This winter inventory is short for Indy Metro areas along with the FEDs to raise interest rates again!

    Play Episode Listen Later Feb 1, 2023 24:44


    This week Jeff Mathey FC. Tucker, Kyle Morris , FC.Tucker, Shelly Walters FC.Tucker and Justin Griffith with Keller Williams is out on a real estate closing. If you are in the market to buy a home we are talking inventory this week along with mortgage rates. Next week new projects and we talk broad ripple and meridian kessler and downtown indy markets. Spring is around the corner listen to our next podcast on preparing your home. Plus justin Griffith will update us on the home show this year! Tony Cardenas | Host | IndyPodcast.media 317-376-8001 | Contact us for current mortgage rates we have have a mortgage expert contact immediately so you get up to date rates and information. All information is subject to change without notice. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Season (2) Episode#59 You better believe that there are market changes in the forecast. Sellers this market changing week by week. Hire an agent that has a proven track record in your market area.

    Play Episode Listen Later Jan 27, 2023 26:07


    This week we have opinions on the market when it comes to inventory for buyers and sellers better be ready. Housing inventory is in short supply along with dips and bumps in the mortgage rates. But FEDS will be increasing the mortgage rates again says the Wall Street Journal. Thanks to this week's team for the information. Shelly Walters is know with FC.Tucker and back from vacation. Thank you to the team this week! All information is subject to change with local markets. Tony Cardenas | Host www.indypodcast.media #317-376-8001 --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Season(2) Episode#58 This week on the podcast we discuss local Indy Metro Markets | Kyle Morris FC.Tucker, Greg Cooper Compass Real Estate, Justin Griffith Keller Williams & Shelly Walters FC.Tucker

    Play Episode Listen Later Jan 19, 2023 25:51


    This week on the podcast we discuss local Indy Metro Markets with Kyle Morris FC.Tucker, Greg Cooper Compass Real Estate, Justin Griffith Keller Williams and Shelly Walters FC.Tucker. Shelly is enjoying a much earned vacation this week in the tropics in the hot sun and sandy beaches. I have spoken to a few local real estate title companies and I have been told business is up to fifty percent off by winter market and the fear of Feds interest rates. Greg Cooper with Compass Real Estate thinks different with his company. We talk stats with this weeks realtors. Mortgage rates are lower compared to week prior. Fixed rate have declined. Home equity loans are at a high cost of interest starting around mid 6.000% ranges subject to term and credit fico scores and loan to value on your first and second mortgage and or heloc amount. Tony Cardenas | info@indypodcasr.media Indy Real Estate Market (weekly podcast) Website: IndyPodcast.media | 317-376-8001 All information is subject to change with out notice subject to cancellation and U.S. Market changes. --- Support this podcast: https://podcasters.spotify.com/pod/show/indyrealestatemarket/support

    Play Episode Listen Later Jan 13, 2023 26:30


    This week we discuss if you have to sell your home now and what is coming this future spring market. Kyle Morris FC.Tucker, Jeff Mathey FC.Tucker, Shelly Walters FC.Tucker and Big Fella AKA Justin Griffith KW is out selling properties . If you are an agent want to talk about your expertise in the market reach out to us you might want to come on our podcast. We will be getting Greg Cooper on the show from Compass Real Estate later in February. See us on Apple Podcast, Spotify and Google Podcast. Look us up on YouTube: Indy Real Estate Market Host: Tony Cardenas www.IndyPodcast.Media --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    spotify apple podcast google podcasts selling your home winter market greg cooper media support
    ★Season 2 Episode #56 Lets talk stats for buyers and sellers. Plus we discuss important items on the purchase agreement that you need to understand.

    Play Episode Listen Later Jan 5, 2023 21:18


    Happy New Years! The Indianapolis Metro Markets are really in good shape as in homes selling quickly-compared to other cities of the United States. Buyers ask questions to your real estate agent when negotiating on a new home if you can rent the house understand restrictions apply to the home owners association that manages your area. Buyers you can get a reasonable deal on a home in 2023 and have your seller include some of your buyers side closing-cost. Mortgage rates are as follows subject to lower credit scores. Credit "fico scores" must be around 760 plus with 20% down payment to get the available best mortgage rate in the markets. Not all banks, mortgage lenders are the same do-not get over charged on a fixed rates. Do-Not Pay Points - You don't have to pay high fees and points. Questions reach out to us at 317-376-8001 | Indy Real Estate Market | Indianapolis & Hamilton County www.indypodcast.media Disclosure: Information is subject to change without notice. Cancellation may apply in housing stats. Don't buy a home without a real estate agent. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #55 The last Podcast for this year! Kyle Morris FC. Tucker, Shelly Walters eXp, Justin Griffith KW, & Greg Cooper Compass

    Play Episode Listen Later Dec 25, 2022 18:15


    The last full Podcast Episode #55 for this year, its been a good time with the team and guest. We have all learned about this Indianapolis Real Estate Metro Markets. Starting in 2023 will talk real estate stats plus mortgage rates weekly and commercial markets. Get ready more expanded data information in the real estate local markets. Listings per week, price drops, days on markets, new title companies services in our markets. Plus learn about mortgage interest rates compared by our team. Banks vs. Mortgage Lenders vs. Mortgage Brokers they all do-not have the same rates and you will find out the difference and why. You can actually get reduced prices adjustment from your bank to different lenders in the market. You are the customer and you definitely have more choices. You do not have to take the mortgage that has been pre-approved by your lender. It will not hurt tow have twp pre-approvals because some lenders do take advantage of the markets. Do-not pay points and high closing fees that some local lenders are charging in our areas. Beware of online lenders. See you on Tuesdays and Thursday in 2023 Happy Holidays! Indy Real Estate Podcast Podcast Host: Tony Cardenas www.IndyPodcast.media --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #54 Are buyers asking for too much and could this "stop a possible deal" for both sides. Podcast Host: Tony Cardenas talks with top realtors. #Market slow down in Indiana

    Play Episode Listen Later Dec 16, 2022 24:02


    The deal has to be a win-win! Getting back to a normal market. Sellers and buyers must realize the market we just came out of is gone. You have interest rates with the feds raising rates again. If you as a buyer offer a reasonable offer you may get the house you desire. There are opportunities for 2-1 buy-downs and or a 3-2-1 buy-down. This cost goes to the sellers and or the real estate company. Thanks to this week's team of realtors: Shelly Walters eXp, Kyle Morris FC. Tucker and Justin Griffith Keller Williams and to MIBOR. Housing Wire: On today's episode, Editor-in-Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the inflation data we're going to get this week and how he expects the Fed to react. Articles related to this episode: Is the market pivoting ahead of the Fed? Mortgage rates collapse on softer inflation data REAL ESTATE Home flipping profits drop at the fastest pace in over a decade CNBC ARTICLE: Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KEY POINTS Investors are pulling out of the flipping market, as profits drop very quickly. In the third quarter, gross flipping profit fell 18.4% from the previous quarter. Roughly 7.5% of third-quarter home sales were flips, still historically high, but down from 8.2% in the second quarter. Podcast Discloser: All information is pulled on the day of the podcast and is subject to change without notice. Mortgage rates are by Optimal Blue and Wall Street Journal. Money Talks is a segment of the podcast discussing information about market-mortgage rates and lending. We do not offer mortgage loans see a licensed mortgage company. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #53

    Play Episode Listen Later Dec 8, 2022 36:16


    Yes, here we are right around the corner of the Christmas Holidays! If buyers are looking for a home in this market they must be serious buyers. We have some interesting real estate stats and data this week. Sellers are waiting to sell their homes in this holiday market so patients must be the word for the market with higher mortgage rates. One year ago mortgage rates were at 2.75% on a 30-year fixed rate. So realtors must list a home with creativity and be ready to make a deal. Thank you to Brad Coffing with MIBOR Realtor Association for coming on the podcast this week along with our team this week. Shelly Walters eXp Justin Griffith Keller Williams Kyle Morris FC.Tucker Tony Cardenas Podcast Host Details apply to all episodes all information is subject to change without notice. Mortgage rates are from The Wall Street and Optimal Blue rate monitor day of broadcast. We do not offer mortgages. Only advertise may offer real estate services. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #52 Thanksgiving is over and we are getting into the next Christmas Holiday. Slowing "housing market" you better be creative in selling homes. This weeks mortgage rates.

    Play Episode Listen Later Dec 1, 2022 26:30


    The housing market downturn is different this time Low delinquency rates and healthy household net worth point to faster recovery: Stratmor Many lenders are not getting a sense of déjà vu with the current mortgage industry downturn, according to mortgage advisory firm Stratmor Group. “This one feels different,” a recent Stratmor report states, citing executives in the mortgage industry. This time around, the fast mortgage rate increase, the large origination volume decrease, and margin compression could cause an “unprecedented amount of excess capacity, and many lenders will need to sell or simply won't survive,” Jim Cameron, Stratmor's senior partner of Stratmor, said. Of the top five monthly mortgage rate increases to occur since 1984, three took place during the first 10 months of 2022 — one in September (89 bps), April (81 bps), and October (79 bps). Meanwhile, forecast volume for 2022 is expected to drop by $2.18 trillion — the largest dollar volume drop in history. At 49%, this year's forecasted decline would be the largest percentage decline in year-over-year volume since 1990, according to the Mortgage Bankers Association. Article by (HW) HOUSINGWIRE MEDIA. https://www.housingwire.com/ Thanks to this week's panel of realtors: Shelly Walters EXP- Kyle Morris FC.Tucker - Justin Griffith - Keller Williams Host: Tony Cardenas Indy Real Estate Market www.indypodcast.media Executive Portfolio Magazine Sponsor --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #51 Realtors be creative for your sellers and buyers. Shelly Walters EXP - Kyle Morris FC.Tucker - Justin Griffith KW and Greg Cooper COMPASS

    Play Episode Listen Later Nov 23, 2022 24:02


    Think about this as a realtor for your buyers and, of course, your sellers. It's not always about the price, it's about how creative you are as a real estate agent. Some realtors just don't know how to do it and how to sell the great mortgage 2-1 buy down mortgage rate option that helps both sides of the transaction. Understand that right now the biggest fear is higher mortgage rates. So be creative in listing the house with an option to a 2-1 mortgage rate buy-down. Most mortgage originators have never done an application on a buy-down and don't understand the financial option the buyers can receive along with the seller offering the buy-down. This helps the seller to sell the real estate and engage in the 2-1 buy-down rather than give a huge discount on the listing price. The buyers purchase the property and receive the mortgage rate incentive for two years from the seller which aggressively helps buyers with the monthly mortgage payments for (2 Years and or 24 months). This is what you call a win for the buyer and a win for the seller. The home buyer refinances the property when interest rates are adjusted down with the US. Markets "the economy". Understand banks sell high mortgage rates compared to mortgage lenders. Who has the best priced-mortgage fixed rates adjustable rates is normally it's going to be a mortgage lender or a mortgage broker. You can get a discount if you push the lenders. Banks normally do-not and will-not give discounts like mortgage lenders or brokers. Banks think they are royalty in the lending world and they are not. They are higher and normally have higher fees also in residential mortgages. Do-not pay origination fees to mortgage lenders, bankers, or mortgage brokers do not get overcharged. Today you must deal with a good fair lender and not all are. In this current high-rate mortgage housing market, as the Wall Street Journal talks about, you better have an aggressive lender in the market. Realtors, Buyers, Sellers - Do not let a mortgage company cost you a deal and a buyer a home of a lifetime. Have questions email us: IREMpodcast@gmail.com Disclosure: Information here and on the podcast is subject to change with all markets and cancellations of transactions. We pull data on the day of the podcast 10-22-2022 Interest rates are from several lenders and on WSJ. All information is subject to lender loan requirements by FICO credit scores and 80% loan-to-value and verified fully documented loan mortgage programs. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode4 #50 Indy Real Estate Markets are still selling with the negative housing news. Realtors this week are Shelly Walters eXp & Kyle Morris FC. Tucker talk days on market.

    Play Episode Listen Later Nov 16, 2022 27:32


    If you're a home buyer or seller in this market you are getting great deals on homes on both sides. Money talk on mortgage products starts this week 11-17-2022. Mortgage brokers have the edge over banks and credit unions. You as a realtor need to listen to our mortgage talk. Don't let a mortgage banker and or an inexperienced loan officer cost you a house deal. We will talk about the products and lending on Money Talks on Spotify and Apple Podcast the first few episodes will be on the network Indy Real Estate Market. Watch out for your customer paying points and originations fees and high costs. Also, top mortgage brokers can discount and banks and credit unions in most cases will not and do not. Agents: We are looking for real estate agents for new areas for Avon, Plainfield, Brownsburg, Greenwood, Besch Grove, Columbus & Bloomington Indiana. Markets. Social Media Views 61,300 + Spotify & Apple Podcast: 6003+ Disclosure all information is pulled on the day of the podcast and is subject to change without notice. all mortgage information is pulled on the day of closing mortgage rates are from top lenders in the United States by website sources and are subject to the national and possibly local lender's loan to value and credit Rico score guidelines. All views and listens are manually calculated by our team. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #49 Buyers market in Indy Metro is great. Sellers are still getting great offers "compared" to the rest of the United States. INDY-Sellers need to be creative to get offers!

    Play Episode Listen Later Nov 10, 2022 24:02


    This week Kyle Morris FC. Tucker and Justin Griffith talk about the Indy Metro markets. We talk stats and estimated mortgage rates. Buyers are getting good deals and sellers are still selling homes in our market in a good time frame. Hear us on Spotify and Apple Podcast every week. CNBC NEWS: The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage software and analytics company. The average borrower has lost $30,000 in equity. Homeowner equity peaked at $17.6 trillion collectively last May, after home prices jumped 45% since the start of the pandemic. At the end of September, prices were still up 41%, and equity was still quite strong. Borrowers who bought their homes before the pandemic collectively have $5 trillion more than they did before the pandemic hit. That translates to a gain of $92,000 more equity per borrower than in February of 2020. “While additional declines may be on the horizon, homeowner positions remain broadly strong,” noted Ben Graboske, Black Knight's president of data and analytics. But home prices began to weaken as mortgage rates rose in the spring, making it a lot less affordable to buy. The monthly payment on the average home, with a 20% down payment on a mortgage, is up nearly $1,000 since the start of the year. ★ See full article on CNBC: https://www.cnbc.com/2022/11/07/homeowners-lost-1point5-trillion-in-equity-since-may-as-home-prices-drop.html Host: Tony Cardenas | Indy Real Estate Market www.IndyPodcast.Media Details and restrictions apply: Information is announced and pulled on the day of the podcast. All information is subject to change from cancellations and fallout. Mortgage information is pulled by local and national lenders and is subject to credit score and loan term. We do not advise on mortgage interest rates and or financial data used. All applications are subject to lenders. --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #47 Shelly Walters EXP Realty talks weekly housing stats with Justin Griffith Keller Williams Indy North Metro & Hamilton County ★ Host Tony Cardenas

    Play Episode Listen Later Nov 4, 2022 22:56


    Listen to this week's Indy Real Estate Market with Shelly Walters EXP Realty and Justin Griffith Keller Williams Indy Metro NE Homes are selling buyers are active interest rates are climbing north in the mid-seven percent range with the feds getting ready to increase the Fed Rate again. Understand getting a mortgage you have creative options today but buyer beware. Don't pay higher closing costs and do not pay points to get a lower rate unless the seller is giving you an incentive when buying a home. Buyers get educated on lender-paid mortgage fees and don't get confused on 2-1 buy downs. Money Talk is coming to our podcast soon! Stats pulled 11-02-22 Website: www. www.indypodcast.media Spotify: INDY REAL ESTATE MARKET Apple Podcast: INDY REAL ESTATE MARKET IREM Podcast Host: Tony Cardenas Sponsor: Nationwide Mortgage Bankers ★ Sponsored by: www.executiveportfolio.com Greater Indianapolis Real Estate Magazine --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #46 Shelly Walters with EXP talks with Kyle Morris FC.Tucker Carmel about our local markets including Indy Metro with Justin Griffith Keller Williams

    Play Episode Listen Later Oct 27, 2022 27:44


    What once seemed like it was as hot as lava, the U.S. housing market now seems to be cooling down pretty quickly. But why? There seems to be enough people looking to buy homes right now with Millennials making up 43% of homebuyers, up 5% from last year. They are looking for more space and a place to set down some roots. So what seems to be the problem? This week on Indy Real Estate Market: We talk today's stats about our local markets with actual data pulled on 10-25-22. Shelly Walters with the ShellyWaltersRealtyGroup talk with Kyle Morris Property Group FC.Tucker Carmel about our local markets including Indy Metro with Justin Griffith WITH Keller Williams Indy Metro North East. Spotify: INDY REAL ESTATE MARKET Apple: Indy Real Estate Market Google Podcast: --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Podcast #45 - This week we talk about the Indy Metro markets along with Hamilton County Stats. Buyers have good selection on housing inventories. + Mortgage rate talk.

    Play Episode Listen Later Oct 20, 2022 26:47


    Kyle Morris FC. Tucker and Justin Griffith (KW) show this week. There are a number of factors that drive the real estate news cycle, including interest rates as they impact the price and demand of real estate, home prices, and government policies and legislation, including tax incentives, deductions, and subsidies that can boost or hinder demand for real estate. Industry professionals turn to HousingWire's real estate news to learn about policy that is shaping lender and consumer activity, best practices being incorporated by leading industry professionals and agencies, and economic and market trends that are guiding strategies and opportunities for real estate and mortgage professionals. Thank you to Kyle Morris FC. Tucker, Justin Griffith Keller Williams & Tony Cardenas Host of Indy Real Estate Market. Weekly Podcast data pull 10-18-2022 Listen to the podcast www.IndyPodcast.Media We are on Spotify and Apple Podcast: Indy Real Estate Market ... weekly update! --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode#44 - This week Greg Cooper with Compass Real rants on Nations Media News. Selling your home listen to these agents they say be prepared to get your selling price but there is a strategy.

    Play Episode Listen Later Oct 12, 2022 24:07


    Our market is changing daily. This is a very different housing market be ready if you are a seller "do not miss out" on a great offer. Buyers are looking for listings with an opportunity like buying the mortgage fixed rate down. If you are a seller you must have a strategy ready to sell your property. If your house is sitting for (30) Days plus you have lost more than an "interest rate point buy-down" for the potential buyer. If you have a pre-approval get "re-prequalified" interest rates have increased. You can get a (7) year ARM at a better rate compared to a 30-year fixed rate and refinance your home and reduce costs later. Get in the house now before rates increase again and they will go up the Feds are talking increases. This week's week's guest on the podcast. Kyle Morris | FC Tucker Greg Cooper | Compass Real Estate Justin Griffith | Keller Williams Tony Cardenas | Host Indy Real Estate Market | Podcast | www.indypodcast.media --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #43 Real estate market is great in our area of the Indy Metro. Mortgage rates improved slightly on fixed rates.

    Play Episode Listen Later Oct 5, 2022 22:59


    We talk Indianapolis and Hamilton County markets are better than most news on housing reports. Mortgage rates have improved a little ands buyers may get a reduced price on a listing subject to area of purchase. Housing Wire update - October 3,2022 Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98%, only slightly better than July's 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter home buying season. The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday. Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. With mortgage rates at 6.7% as of Sept. 29, it takes 38.2% of the median household income to make the monthly mortgage payment on the median-priced home bought with a 30-year mortgage and 20% down, Black Knight said. That monthly payment is up $930 from August 2021, a 73% increase. “Historically low inventory – along with record low interest rates – was one of the key drivers behind U.S. home prices seeing essentially a decade's worth of appreciation in just two-and-a-half years,” added Ben Graboske, Black Knight's president of Black Knight data & analytics. Indy Real Estate Market Report 317-480-4115 Staff this week: Kyle Morris FC.Tucker Real Estate, Justin Griffith Keller Williams & Tony Cardenas Host of IREM Housing stats MIBOR dated 10-03-22 @ 10:28AM #indianapolis #carmel #indiana #realestate #mibor #hamiltoncounty #marketnews --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode#42 - FC Tuckers Agent: Kyle Morris and Compass Real Estate: Greg Cooper talk current markets this week. We talk about new home construction inventory + We talk current news in real estate!

    Play Episode Listen Later Sep 28, 2022 21:26


    We say pay no attention to the national news. Indianapolis Metropolitan area including Hamilton County this week. Slower growth in the housing market in the appreciation arena. You have a lot of inventory to choose from along with new home construction. We now have builder inventories. Incentivize your listing to get top dollar out of your listing - Get the attention on your listing. Questions or need an agent contact us: 317-480-4115 Listen on Spotify, Apple Podcast, and Google Podcast Thank you to our realtors this week! Indy Real Estate Market - Podcast www.indypodcast.media --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #41 We talk with Greg Cooper Compass Real Estate about Hamilton County Inventory along with the Feds Rates. Plus we touch on MIBOR numbers.

    Play Episode Listen Later Sep 22, 2022 15:18


    If you are getting ready to hire a real estate agent to sell your home list listen to this weeks podcast. We talk inventory days on market. Plus we talk lightly about new home construction. Greg Cooper says his email box is starting to blow up by the home builders. Please call one of our local agents on housing information in the area where you are thinking of selling or buying your dream home. Next week local home builders inventories. Need information @ 317-480-4115 Leave us a message. Thank you to the team. Kyle Morris is out this week for an appointment. Justin Griffith is out on a trip to Spain and Shelly Walters has sold several homes in the last week. www.indypodcast.media aka: Indy Real Estate Market - On Spotify and Apple Podcast --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #40 Local realtors talk about inventory and days on market plus prices changes along with options for sellers to help sell their home. Thanks you to the agents with EXP, KW & FC.Tucker.

    Play Episode Listen Later Sep 15, 2022 27:02


    Home inventories "days on market" increase along with fixed-rate mortgages starting to increase slightly. But if you are going to buy a home in this market you have a lot more housing inventory to choose from. We say always purchase a home from a real estate agent and get professional guidance you need in a major life purchase. Wall Street Journal Report: 9/13/22 U.S. consumer prices overall rose more slowly in August from a year earlier, but increased sharply from the prior month after excluding volatile food and energy prices, showing that inflation pressures remained strong and stubborn. The Labor Department on Tuesday reported its consumer-price index rose 8.3% in August from the same month a year ago, down from 8.5% in July and from 9.1% in June, which was the highest inflation rate in four decades. The CPI measures what consumers pay for goods and services. So-called core CPI, which excludes energy and food prices, increased 6.3% in August from a year earlier, up markedly from the 5.9% rate in both June and July—a signal that broad price pressures strengthened. On a monthly basis, the core CPI rose 0.6% in August—double July's pace. Investors and policy makers follow core inflation closely as a reflection of broad, underlying inflation and as a predictor of future inflation. #WSJ #economy #Inflation #usa --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #39 This week's Special Guest is Shelly Specchio CEO of the MIBOR Realtors Association. Plus inventory increases for home buyers. Slight increase in fixed mortgage rates.

    Play Episode Listen Later Sep 9, 2022 38:08


    Thinking of selling your home now is an absolutely great time. Homes in the Indy Metro areas are selling quickly and prices are holding steady. Buyers you have more choices and you can actually in most cases probably go back and take a second look at the home you want to possibly purchase. Our local market has changed a lot for all buyers and sellers. Sellers' homes are still selling quickly days on market (DOM) are still relatively short that great for both sellers and buyers. Interest rates have ticked upwards on the fixed mortgage rates. If you need assistance with housing questions contact a realtor on our podcast. Shelly Walters EXP, Justin Griffith Keller Williams, Kyle Morris FC.Tucker. Mortgage Rates will be announced starting next week along with some new mortgage products on Non-QM loan choices. Plus FHA has lower credit scores programs and Jumbo Loans that may be lower than conventional mortgage rates! All information is subject to change without notice. Thank You to Shelly Specchio CEO of MIBOR Realtor Association this week. Indy Real Estate Market Email: info@indypodcast@media Weekly Update | Host: Tony Cardenas | This week's stats: 09-07-2022 --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #38 Five Housing Markets that are holding up in Slowdown on BuilderOnline #1 Indianapolis #2 San Diego #3 Charlotte, NC

    Play Episode Listen Later Aug 30, 2022 29:24


    This week we talk about the local markets every week and the great news is that Indy -Hamilton County markets are getting a lot of listings and the days on market are really good. Right now "future home buyers" have more choices than they did just a few months ago. The other great thing is that the Feds have not raised the rates again... Coming Soon! This is a great opportunity to buy a home and sell because we have inventory before our city. The nice thing is you have choices before you did not. Yes, the rates are up but you are not paying thousands of dollars over on a house. Think about this you can purchase a home today that has recently had a price reduction "reduced price" and get a fixed rate this week in the five percent range. Buyers purchase the home and "date the rate" consider an adjustable-rate mortgage for the first (5 or 7) years you can refinance once the rates come down. All information is subject to change without notice. Interest rates are subject to change and what we talk about on the podcast is a 780 credit fico Score with a 20% down payment and verified information and all loan applications. All mortgages are subject to approval by lender guidelines no exceptions. Always buy a home from a local realtor in your area that knows the market. Indy Real Estate Market! Email: Info@IndyPodcast.Media --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #37 Buyers love the inventory choices along with some price drops. Fixed interest rates are inching upwards but the opportunity to buy a home at todays prices seem better than last spring.

    Play Episode Listen Later Aug 25, 2022 27:47


    Now you have the opportunity to look at several homes in your area of interest compared to 90-plus days ago. We touch on the actual data every seven days Wednesday to Wednesday this week. Carmel, Fishers, Westfield, and Noblesville markets have a good inventory of homes. Listen to our days on market for each area. Some homes going for over the asking price as well some properties are being reduced from the list price. We are returning to a more stable market compared to Spring 2022. Interest rates are inching up but we are not exactly sure what the FEDS are doing in Washington. We will keep you posted on rates. Have a topic you what to know about email us. Also please follow us weekly. ★ We say always use a professional real estate agent that knows your area of interest. A Realtor's advice can really help you make the most important decision when buying or selling a home. Reach out to our team of expert realtors this week. Need some real estate information... reach out to us here: info@Indypodcast.Media We will send it directly to the agent you request on our podcast and get your questions answered. Please listen to the mortgage market rates weekly on the podcast. If you need a mortgage quote email us and we will send it to one of our Indiana-licensed mortgage experts. Info@IndyPodcast.Media We do not post rates because mortgage rates change a few times a day! Banks vs.Lenders vs. Brokers there is a difference in rates and closing costs. Our message do-not pay points! Coming on the podcast: Boone County & Hendricks County - Market Stats Thank You to the Shelly Walters EXP, Justin Griffith Keller Williams, and Kyle Morris FC. Tucker Podcast: Indy Real Estate Market, Host Tony Cardenas #IndianaRealtors #Mibor #HamiltonCountyHomes --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

    Episode #36 Current housing updates on Indianapolis, Broad Ripple, Fletcher Place and Hamilton County. Buyers have more choice and rates are better than expected.

    Play Episode Listen Later Aug 17, 2022 26:27


    If you are looking to buy a house you have better inventory choices compared to 90 days ago. This week we concentrate on Indianapolis metropolitan housing markets including Carmel, Westfield, Fishers, Noblesville, and Zionsville, Indiana. Mortgage interest rates are better than expected compared to what the news outlets are saying. FYI our stats are done every week on Tuesday and are subject to change. If you have anything you would like to hear on the podcast reach out to us. Always use a realtor to purchase or sell your home and get professional guidance in dealing with your real estate transaction. Indy Real Estate Market / Podcast #Episode36. #Indianapolis #RealEstate #Mibor #HamiltonCounty #Hamco #ShellyWaltersEXP #JustinGriffithKellerWilliams #KlyeMorrisFCTucker #Realtors --- Support this podcast: https://anchor.fm/indyrealestatemarket/support

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