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Home Sales in Indiana Improve for Seventh Consecutive Month
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You're Now Reading:
Home Sales in Indiana Improve for Seventh Consecutive Month
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Home Sales in Indiana Improve for Seventh Consecutive Month
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August 9, 2012 (Shirley Allen)

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

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

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

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

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

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

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

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

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

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

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

Source:
IAR

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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
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August 9, 2012 (Shirley Allen)

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

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

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

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

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

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

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

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

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

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

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

Source:
IAR

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.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

August 9, 2012 (Shirley Allen)

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

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

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

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

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

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

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

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

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

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

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

Source:
IAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.