Foreclosures Post Big Drop, Reaching 2007 Levels

GREAT news from REALTOR Magazine! Another sign that things are improving, slowly but surely.

Foreclosures Post Big Drop, Reaching 2007 Levels.


Lowest priced homes in Indianapolis

With the market still suffering, I was curious about how low prices have gone in Indianapolis. So, I searched for low priced homes and found some interesting things.

There are currently 4 homes listed in Indy for $5000 or less. This isn’t including auctions, which are normally listed for $1 with the knowledge that the price will go up.

  • 3601 E MICHIGAN ST is priced at $4,700
  • 9103 BRENTWOOD CT is listed at $5,000
  • 1026 N MEDFORD AV for only $5,000
  • 4015 E 30TH ST is also just $5,000

When I looked for properties priced UP TO $10,000, there were 66 properties available!


Do you know where your photos are?

I just did a quick, informal survery of MIBOR (that’s the Metropolitan Indianapolis Board of Realtors) and I found something rather disturbing. Yesterday, 139 shiny new listings came onto the market, and 39 of them had NO PHOTOS at all!

How do you expect to sell a home with no photos? I guess sellers need to start asking potential agents if there will be a photo of the house posted when the house is listed, I thought that just went without saying.

Where do I work? EVERYWHERE!

Approximate service area of Area Code 317 is i...

Image via Wikipedia

I am a big Twitter fan, and the other day I saw a friend of mine mention that he was interviewing Realtors. I was a little taken aback that I hadn’t heard from him to help him find a home, so I spoke up, and he said:  @RealtorMichelle Ayep… looking for a place on the northside, though (otherwise I would have contacted you for sure 🙂

Woah, woah, woah… back the bus up right there!!! I guess I need to do a better job of making sure that EVERYONE knows that even though I live in Avon, I can still work the entire Metropolitan Indianapolis area. The main difference when I’m working outside of Hendricks County is that I use my GPS a lot more. Actually, this map is a pretty good representation of where I work!

Just for fun, let’s take a look at my stats, here’s where I work:

My 4 Active listings, 1 is in Avon, 1 in Broad Ripple, 1 in Farley, and 1 just off 37 in Perry Twp.

My 4 Pending sales: 2 in Avon, 1 in Zionsville, 1 in Carmel

Of my Closed sales:

  • Noblesville, 2
  • Carmel, 2
  • Brownsburg, 1
  • Avon, 18
  • Plainfield, 3
  • Danville, 1
  • Clayton, 1
  • Indpls/Perry Twp., 2
  • Indpls/Wayne Twp., 4
  • Indpls/Center Twp., 1
  • Mooresville, 1

Not all of my listings sell, so I have Expired listings in: Brownsburg, Avon,  Plainfield, Camby, North Salem, Indpls/Wash. Twp., Indpls/Perry Twp., Indpls/Decatur Twp., and Indpls/Wayne Twp.

Currently working with buyers looking in Beech Grove, Perry Twp, Avon, Plainfield, Mooresville, and Carmel.

So, as you can see, 1) I am not afraid to lay my cards all out on the table and 2) I work almost everywhere in the Indy Metro area. Also, I will cover this in another post, but IF I can not get to you, I can refer you to an agent that is closer to you, no matter where on the PLANET you are, so you should still call me!

Watch what you post!

Your FaceBook and Twitter posts can effect your house sale or purchase, so watch what you say!

Imagine the story of a seller who complained all the time on FaceBook about their “moneypit” house. The roof was leaky, the plumbing dripped, the neighbors are awful and was that a termite she saw??? The time soon comes that she has had enough and wants OUT, so she lists it with a Realtor. They finally get an offer and a curious buyer Googles the seller’s name and finds….. deal is off. It could happen.

What about the excited first-time home buyers who want to tell all their friends and family about the house they found. They put a link to the listing on FaceBook so everyone can see the photos, and everyone thinks it is a great deal! The buyer admits that they love it so much that they would pay FULL PRICE if they had to, just to be sure they get it! Guess what, a friend of a friend knows the Realtor and says, “Hey, isn’t this your listing?” Yep, negotiation over, that buyer is paying full price.

You must always remember to be careful what you say, you never know who may hear you! While you’re at it though, you should Follow me on Twitter and Friend me on FaceBook!

Awesome Listing Alert!!

Check out this Carmel mansion! It’s not my listing, but I would be happy to help you buy it! Located on 116th Street in Carmel, IN. This gorgeous home has 5 bedrooms, 5 full baths and 2 half baths.

At just over 9,000 sq feet, and sitting on 28 acres, this home is truly amazing. It has 3 fireplaces, an inground pool, and an amazing location! Where else can you enjoy over 25 acres of serenity to roam, yet still be only 1 mile from US31? The entire first floor underwent extensive remodeling at a cost of over $300,000. A screened porch overlooks the gorgeous gunite pool, so you can watch the family splash and play. I can just imagine taking a great book and a cup of tea to sit by the fountain and goldfish pond. There are several outbuildings, including a barn that is over 100 years old on the property. The grounds also include a tennis court, slate patios and those amazing views!


GPS HomeSearch Now Available!

With Carpenter Realtors, you can now use your smartphone to search for homes right where you are!

Let’s say you’re in a neighborhood that you love, and you want to find more homes for sale nearby. At, you can search for homes for sale and they will be sorted by the nearest home within a  mile of your location. Drive to a different neighborhood, and your search results will change.

You can be in front of a home and download all of the info about that house right to your phone.

“We’re thrilled to be the first real estate firm in metro Indianapolis to offer a GPS search option on our mobile website,” said David Caveness, Senior VP of Carpenter Realtors®. “Home buyers will find this extremely helpful, convenient and fun when they’re driving a neighborhood looking at homes for sale.”

No need to use any other address, will automagically detect that you are on your smartphone and will redirect you to the mobile site. The GPS HomeSearch is completely free to use and will pull up ALL listings, not just Carpenter’s.

 “This reinforces our company’s commitment to offering the most cutting-edge technology to home buyers who want more information and more convenience during their search,” said Caveness. “Everyone at Carpenter Realtors® is excited to take the next step in offering a very cool feature to our “techie” customers.”

Once you find a home that you would like to tour, all you need to do is call me (317-450-4527), and I will be happy to show it to you!!

April 17-19: 2009 Indy Home and Remodeling Show

The Indiana State Farigrounds will be hosting the Home and Remodeling Show in April. Homeowners can gather great resources for their home projects, meet with vendors, and find answers to do-it-yourself questions.

Show Dates & Hoursa
Friday, April 17 Noon 9:00 pm
Saturday, April 18 10:00 am 9:00 pm
Sunday, April 19 10:00 am 6:00 pm
Venue & Location
Exposition Hall – Indiana State Fairgrounds
1202 E. 38th Street
Indianapolis, IN 46205


Children ages 6-12:


Children under 5:



Discounts available for groups of 10 or larger. Call 317-863-0415 to receive special group ticket discounts.

Indy is still Nation’s Most Affordable City!

For the 11th consecutive time, Indianapolis is ranked by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today. So not only is it a great place to raise a family, but Indy is also incredibly affordable for housing. Homes are becoming more and more affordable nationwide as housing prices fall.


Click here for the full article!