Indianapolis Foreclosures, Short Sales, and HUD Houses

1 02 2010

We get asked all the time for information about the number of foreclosures on the market in the metropolitan Indianapolis areas we serve. As a service to our readers searching for Indianapolis foreclosures / bank owned properties, HUD owned properties, and short sales, we will begin tracking the data here.

Indianapolis Indiana Foreclosure Update
Bank Owned / Foreclosure: 438
HUD Owned: 115
Short Sale / Pre-Foreclosure: 709

Carmel Indiana Foreclosure Update
Bank Owned / Foreclosure Listings: 13
HUD Owned Listings: 2
Short Sale / Pre-Foreclosure Listings: 38

Fishers Indiana Foreclosure Update
Bank Owned / Foreclosures Listings: 10
HUD Owned Listings: 2
Short Sale / Pre-Foreclosure Listings: 59

Noblesville Indiana Foreclosure Update
Bank Owned / Foreclosure Listings: 13
HUD Owned Listings: 6
Short Sale / Pre-Foreclosure Listings: 77

Zionsville Indiana Foreclosure Update
Bank Owned / Foreclosure Listings: 6
HUD Owned Listings: 0
Short Sale / Pre-Foreclosure Listings: 16

Westfield Indiana Foreclosure Update
Bank Owned / Foreclosure Listings: 12
HUD Owned Listings: 0
Short Sale / Pre-Foreclosure Listings: 20





Indianapolis Home Builders Have Best Month of 2009 In December

20 01 2010

The home builders in metro Indianapolis had the best month of the year in December for 2009.  The Indianapolis Star reported today that permits jumped 33% in December compared to December of 2008.

While this is great news, the year was down 21% to 3625 homes compared to 2008 and is the lowest of the decade.

Citing the Builders Association of Greater Indianapolis, the report also states that in Marion County, permits fell 28 percent, to 772, in Hamilton County, permits were down 13 percent to 1,372 and that permits plunged 46 percent in Johnson County, to 241.

Later today, we will be uploading a detailed synopsis of the builder permits pulled in 2009 by county to our Indianapolis Home Builder Guide.





Finding Investment Properties That Cash Flow

16 01 2010

It’s been getting more and more difficult to find great investment properties at the really low prices of 2008 and early 2009. Two things have happened.

  1. Banks have slowed down the process of foreclosing houses in an effort to work with sellers to lower payments or adjust principal.
  2. Investors from across the nation have found Indianapolis a great place to invest.

Both of these events caused inventory to go down and prices to go up in Wayne, Lawerence, and Warren townships.

That said, word is that another wave of foreclosures is on the way in those areas. Our team is in the market each day searching for the best deals for our investors. With an average buy price of $18,000 and rehab of $15,000, it’s really easy to make these investments cash flow at $750 per month rent.

Call us anytime for more information at 317-572-7728 and visit our foreclosure site here. Free Foreclosure Alert





Metro Indianapolis Market Statistics at Your Fingertips

16 01 2010

If you are looking for up to date market information please check out the market statistics pages on IndyHomeSpecialist.com.

There you will find information about the most recently added listings, what the current days on the market is, average square footage, and average price.  You will also find the highest and lowest price points for each market.

You can go find all of the market stats pages here…  Up To Date Indianapolis Market Stats.





Welcome to DwellIndy.com

14 01 2010

Welcome to DwellIndy.com, an online affiliate of the Indianapolis real estate boutique ICON Realty Partners, LLC. Our online guides to Indianapolis real estate offers the most comprehensive way to search for a house.

Our main site is located at IndyHomeSpecialist.com, and you can easily search my homes, distressed properties, home builders, and schools by using the real estate links below.

Our aggressive group of real estate junkies understands that to have a leading edge in the market it is important to utilize the most comprehensive tools in the industry. We pride ourselves in offering buyers and sellers a relaxed professional style, innovative services, and the most technologically advanced marketing systems in the business.

We work closely with our selling clients to understand their specific needs when they are prepared to list their homes. We conduct an extensive market analysis and comprehensive marketing strategy to assure we are covering every base when marketing a home . Our passion for real estate, combined with a powerful online strategy, allow us to offer the best possible buying and listing services in Indianapolis.

So if you are looking to buy or sell a home in Carmel, Fishers, Noblesville, Zionsville, Westfield, or in Metro Indy, please get in touch with us today for more information on how we can assist you.

Feel free to contact us anytime at 317-572-7288.

Indianapolis Real Estate Search

Indianapolis Foreclosure Search

Indianapolis School Search

Indianapolis Home Builder Search

Affiliated sites:

Dwell Indy – Indianapolis Homes and Real Estate
Indy Fine Living – Indianapolis Homes and Real Estate
Indy Home Specialist – Indianapolis Homes and Real Estate
Indy Blog – Indianapolis Real Estate Blog

Keywords:

Indianapolis real estate, Indianapolis homes for sale, Indianapolis real estate agent, Indianapolis Realtor, real estate in Indianapolis, homes for sale in Indianapolis, real estate agent in Indianapolis, Fishers, Carmel, Noblesville, Westfield, Zionsville, and Carmel