The real estate industry is a bustling world where agents and teams strive to achieve greatness and secure their positions at the top. Last April’s RE/MAX Top Producers Report has yet again proven that RE/MAX Advanced Realty is truly Indiana’s Leading Brokerage, bagging top teams and individual spots for residential and commercial production combined.
Let's get to know RE/MAX Advanced Realty’s Top-performing Teams and Agents.
Indy Home Pros Team: Reigning Supreme at #1
Leading the pack and stealing the spotlight is none other than the Indy Home Pros Team, securing the coveted #1 ranking. Led by RE/MAX Advanced REALTY Broker/Owner and Team Leader Dennis Nottingham, the Indy Home Pros Team has consistently held the #1 spot, proving that their exceptional expertise, dedication, and unparalleled service have propelled them to the forefront of the industry. With a proven track record of success, they continue to dominate the real estate landscape, helping countless clients find their dream homes.
The Craftsman Group: Mastering Excellence at #22
With a client-first mentality, The Craftsman Group, led by Team Leader Cate Waggoner-Lee, has earned a well-deserved place at #22. Their attention to detail, creative approach, and unwavering commitment to delivering exceptional service have made them a formidable force in the market. The Craftsman Group has crafted a reputation as true artisans of the real estate industry, leaving a lasting impression on their clients and peers alike.
The Rob Campbell Team: Striking Success at #42
Led by Team Leader Rob Campbell, who boasts over 30 years of experience as a top-producing agent in Johnson County, The Rob Campbell Team has secured the impressive #42 position. Their expertise extends to both residential and commercial real estate, showcasing their prowess in diverse markets. With their exceptional solutions and unwavering dedication, The Rob Campbell Team continues to make waves, solidifying their standing in the industry.
Keith Turnbill: The Epitome of Residential and Commercial Excellence at #32
At the remarkable #32 spot in the Residential and Commercial Combined category, RE/MAX Advanced Realty Green Wood Office’s Head of Commercial Division, Keith Turnbill, has made a lasting impact. His versatility and adaptability have allowed him to thrive in both sectors, catering to the unique needs of his clients. With an impressive skill set and an unwavering commitment to success, Keith stands out as a true champion in the real estate arena.
RE/MAX Advanced Realty raises a toast to the Indy Home Pros Team, The Craftsman Group, The Rob Campbell Team, and Keith Turnbill for this feat. Congratulations on your outstanding accomplishments, and here's to an even more successful future!Here at RE/MAX Advanced Realty, we aim to continue leading the way, providing a platform for top-performing agents to shine and offering unparalleled service to clients across Indiana. Our commitment to excellence is what makes us home to the finest real estate agents in the state.
Buying a house is an exciting and significant milestone in many people's lives. That’s why it's crucial to approach this process with careful consideration and thorough research. In this blog post, we will explore some essential factors you need to know before purchasing a house. By keeping these considerations in mind, you can make an informed decision and find a home that suits your needs and budget.
One of the first steps in the home-buying process is determining your budget. Assess your financial situation, including your income, expenses, and existing financial obligations. This evaluation will help you establish a realistic price range for your house hunting. By knowing your budget and sticking to it, you can avoid the pitfalls of overspending and ensure a financially stable future.
The location of a house plays a vital role in your day-to-day life. Consider your lifestyle, commute times, and proximity to essential amenities like schools, healthcare facilities, grocery stores, and recreational areas. Research the neighborhood to assess its safety, community atmosphere, and potential for future growth. By choosing the right location, you can enhance your quality of life and even potentially increase the property's value over time.
Different types of properties cater to various lifestyles and preferences. Determine whether you are looking for a single-family home, townhouse, condo, or apartment. Each option has its own advantages and considerations. For example, a single-family home offers more privacy and space but may require more maintenance. On the other hand, a condo provides a low-maintenance lifestyle with shared amenities. Understanding your preferences and the associated responsibilities will help you narrow down your choices.
Evaluate your space requirements based on your family size, future plans, and daily routines. Consider the number of bedrooms, bathrooms, living spaces, and storage areas you need. Think about the house's layout and how it aligns with your lifestyle. A well-designed layout can enhance functionality and ensure a comfortable living experience for you and your family.
Before making a final decision, thoroughly inspect the condition of the house. Look for any signs of structural issues, plumbing or electrical problems, and indications of damage or neglect. Hire a professional home inspector who can identify potential issues that might affect the property's value or safety. Understanding the condition of the house will help you estimate the cost of repairs or renovations and make an informed decision.
Explore different financing options available to you, such as mortgages, loans, down payment requirements, and interest rates. Consult with multiple lenders to understand the terms and conditions, ensuring you find the best fit for your financial situation. A pre-approved mortgage will strengthen your negotiating position and simplify the purchasing process.
Engage the services of a qualified home inspector to thoroughly evaluate the property. They will assess the structural integrity, identify potential issues, and provide a comprehensive report. A home inspection is crucial as it can uncover hidden problems that may not be immediately apparent. Use the inspection report to negotiate repairs or adjust the purchase price accordingly.
While buying a home is a personal decision, it's important to consider the potential resale value of the property. Factors such as market trends, location desirability, and the condition of the house can influence its value over time. While you want to find a home that suits your needs, keeping an eye on its investment potential can provide financial security and flexibility in the future.
Some properties may fall under the governance of a homeowners association. Review their rules, regulations, and associated fees. Understand the restrictions, maintenance responsibilities, and any additional costs involved in being part of an HOA. This information will help you determine if the property aligns with your preferences and lifestyle.
Ensure you have a clear understanding of the legal aspects of the home purchase. Review all contracts, agreements, and disclosures carefully. Consider working with a real estate attorney to navigate through the legal intricacies. Their expertise will ensure a smooth and legally sound transaction, protecting your interests throughout the process.
Research the property's insurance costs and property taxes. These expenses can vary depending on the location and type of property. Factor them into your budget to determine the overall affordability of the house. Adequate insurance coverage and understanding the tax implications will contribute to your long-term financial planning.
Investigate any future development plans in the area. Infrastructure projects, zoning changes, or commercial developments can significantly impact your living experience and property value. Research local government websites, talk to real estate agents, and stay informed about upcoming developments that could affect your chosen neighborhood.
Buying a house is a significant decision that requires careful consideration.
Hiring a trusted real estate professional who is an expert in the real estate market, one who can provide you with objective advice and guidance on the essential factors mentioned above can help you approach the home-buying process with confidence to make an informed decision. Happy house hunting!
Mother's Day is fast approaching and you're probably searching for the perfect way to celebrate the special moms in your life. While brunch and flowers are always great options, why not try something a little more unique this year? Here are some Mother's Day activities that are perfect for homeowners.
Nothing says "I love you" like spending quality time together. If your mom loves gardening, why not plan a day to plant a garden together? Whether it's a few window boxes, a raised bed, or a full-fledged garden, it's a great way to bond and create something beautiful together. Plus, you'll have fresh produce to enjoy all season long.
If your mom is handy, consider planning a DIY project together. Whether it's painting a room, building a bookshelf, or installing new light fixtures, it's a great way to work together and create something that will make your home even more beautiful.
If your mom loves spending time with family, consider hosting a family game night. You can play board games, card games, or even outdoor games like cornhole or horseshoes. It's a great way to bond and create memories together.
If your mom loves home improvement projects, consider taking a home improvement class together. You can learn new skills, get inspiration for your next project, and bond over your love of DIY.
If your mom loves spending time outdoors, why not have a picnic in the backyard? You can set up a cozy blanket, bring some snacks, and enjoy the beauty of your own backyard. It's a great way to relax and enjoy each other's company.
No matter what you choose to do, the most important thing is to spend quality time with the special moms in your life. These unique Mother's Day activities are a great way to bond, create memories, and celebrate the love that you share. RE/MAX Advanced Realty wishes a Happy Mother's Day to all the wonderful moms!
RE/MAX Advanced Realty presents a compiled Housing Market Report for April 2023 in the State of Indiana based on the data presented by MIBOR. This report provides an overview of the real estate market for single-family homes, condominiums, townhouses, farms, residential, and manufactured homes covering all 16 counties in the Hoosier State for the month of April.
The data presented in this report includes key metrics such as median sales price, closed sales, days on the market, list price received, the median sold price per sqft, new listings, active inventory, and months' supply of inventory. By analyzing these metrics, we can gain insight into the current state of the real estate market and make informed predictions about future market conditions.
This report will explore the trends observed in the real estate market for the month of April and compare them to the same period in the previous year, as well as the previous month. By providing this analysis of the market, we hope to help buyers, sellers, and investors make informed decisions about their real estate transactions.
SINGLE FAMILY HOMES
Based on the data gathered, the real estate market for single-family homes in April 2023 experienced mixed results compared to the same month in the previous year and the previous month.
The median sales price in April 2023 increased by 5.5% compared to April 2022 and by the same percentage compared to March 2023, indicating a steady upward trend in housing prices. However, the closed sale price in April 2023 decreased significantly by -19.3% compared to April 2022 and by -8.0% compared to March 2023. This suggests that while homes are being listed at higher prices, they are ultimately selling for much less than they did a year ago.
The median days on the market for homes in April 2023 increased significantly by 75.0% compared to April 2022 but decreased by -30.0% compared to March 2023. This means that homes were taking longer to sell in April 2023 than in the same month in the previous year but were selling more quickly compared to the previous month.
The list price received for homes in April 2023 decreased by -3.1% compared to April 2022 but increased by 0.8% compared to March 2023, indicating some volatility in the market.
The median sold price per square foot in April 2023 decreased by -4.1% compared to April 2022 but increased by 1.3% compared to March 2023. This suggests that homes are selling for less per square foot compared to the same month last year but are selling for more compared to the previous month.
New listings for April 2023 decreased by -26.6% compared to April 2022 and by -1.9% compared to March 2023. This indicates a significant decline in the number of homes being listed for sale.
Active inventory for April 2023 increased by 26.6% compared to April 2022 but decreased by -14.7% compared to March 2023, indicating that while there were more homes available for sale compared to the same month last year, there were fewer homes on the market compared to the previous month.
Finally, the month's supply of inventory increased by 56.9% compared to April 2022 but decreased by -7.3% compared to March 2023. This metric measures the number of months it would take to sell all of the homes on the market based on the current rate of sales. The increase compared to April 2022 indicates that the supply of homes for sale is outpacing the demand, while the decrease compared to March 2023 suggests a potential increase in demand.
Overall, the data suggest that for single-family homes, the market is still experiencing some volatility, with some metrics showing upward trends and others showing declines. However, the steady increase in median sales price and median sold price per square foot compared to the previous month indicate that home prices are still trending upwards. The decrease in closed sale price and new listings, as well as the increase in median days on the market and months' supply of inventory compared to April 2022, suggest a potential slowdown in demand, while the decrease in active inventory compared to March 2023 indicates a possible increase in demand.
ALL TYPES OF PROPERTIES
The data above suggests that the overall real estate market for single-family residences, condominiums, townhouses, farms, residential, and manufactured homes in April 2023 experienced mixed results compared to the same month in the previous year and the previous month.
The median sales price for April 2023 increased by 5.0% compared to both April 2022 and March 2023, indicating a steady increase in housing prices. However, closed sales decreased significantly by -18.7% compared to the previous year and by -8.5% compared to the previous month, suggesting that fewer homes were sold in April 2023.
The median days on the market for April 2023 increased significantly by 75.0% compared to April 2022 but decreased by -30% compared to March 2023, indicating volatility in the market. The list price received decreased by -3.2% compared to April 2022 but increased by 0.8% compared to March 2023. The median sold price per square foot for April 2023 decreased by -3.2% compared to April 2022 but increased by 2.0% compared to March 2023.
New listings for April 2023 decreased significantly by -24.1% compared to April 2022 and by -2.2% compared to March 2023. However, active inventory increased by 29.3% compared to April 2022, but decreased by -14.2% compared to March 2023. The months supply of inventory increased by 59.2% compared to April 2022 but decreased by -6.2% compared to March 2023.
Overall, the market for single-family residences, condominiums, townhouses, farms, residential and manufactured homes appears to be in a state of flux, with some metrics trending upward and others trending downward. The steady increase in median sales prices is a positive sign for sellers, but the significant decrease in closed sales suggests a potential slowdown in the market. The decrease in new listings and the increase in active inventory suggest that supply may be outpacing demand, while the volatility in median days on the market indicates uncertainty in the market.
With the data presented above, it is important to keep in mind that real estate markets are cyclical and tend to go through periods of growth and decline. Over the long term, real estate has historically been a sound investment, short-term fluctuations in the market are to be expected.
To give you a better understanding of the housing market, it is important to speak to a trusted real estate professional with RE/MAX Advanced Realty. Get in touch with Indy’s Leading Brokerage today and have our real estate experts answer any questions you might have.
Keeping your home clean can seem like a never-ending task. But with a few daily habits, you can maintain a clean and organized home that you can be proud of. Here are some daily habits that you can incorporate into your routine to keep your home clean.
Make Bed
Starting your day with a simple task like making your bed can set the tone for the rest of the day. Not only does it give your bedroom a neater look, but it also helps you feel accomplished first thing in the morning.
Tidy Up As You Go
Make it a habit to clean up after yourself as you move around your home throughout the day. This can be as simple as putting away your dishes after breakfast or hanging up your coat when you come in from outside. This will prevent clutter from accumulating and make cleaning tasks easier.
Wipe Down Surfaces
Take a few minutes each day to wipe down surfaces in your home. This includes kitchen counters, bathroom sinks, and any other surfaces that tend to collect dust or dirt. Using a multi-purpose cleaner and a microfiber cloth can make this task quick and easy.
Tackle Laundry Each Day
Instead of letting laundry pile up and become overwhelming, tackle a small load each day. This will prevent laundry from taking over your home and make the task more manageable.
Categorize Paper
Designate a specific spot for mail and other papers that come into your home. Take a few minutes each day to sort through them, tossing any junk mail and filing away important documents.
Clean Fridge Weekly
Set aside one day each week to clean out your refrigerator. This not only keeps your fridge clean and organized, but it also helps prevent food waste and spoilage.
Straighten Before Bed Time
Before heading to bed each night, take a few minutes to straighten up your home. This includes putting away any items that may have been left out during the day and ensuring that your home is tidy for the next day.
By incorporating these daily habits into your routine, you can maintain a clean and organized home without feeling overwhelmed by cleaning tasks. These habits use items that you likely already have on hand, making it easy to develop a cleaning routine that works for you. With a little effort each day, you can enjoy a clean and stress-free home.
Bookmark our blog page to stay updated on our latest home tips. And if you're looking to buy or sell a home in Indiana, our expert agents at RE/MAX Advanced Realty are here to help.
Contact us today!
West Office: 317-298-0961
Greenwood Office: (317- 881-3700
One of the major benefits of owning a home is equity. But what is equity, and why is it so valuable? Equity is the difference between the home's current worth and what is owed on the mortgage. Simply put, if you owe 200,000 on your mortgage loan and your home is worth $250,000, you have $50,000 of equity.
The primary driver of equity growth is the rising of home prices, and if you've been a homeowner in the past 5 years or so, you are in luck because your net worth got a boost due to the significant rise of home prices in the previous years. Even if home appreciation has slowed this year, doesn't mean you have lost all equity in your home.
According to the recent report on Homeowner Equity Insights that CoreLogic released, data has shown that the average homeowner gained approximately $34,300 in equity during the past year alone.
Why is equity valuable? Equity not only helps you increase your overall net worth but it can also be leveraged to help you achieve your other financial goals! Yes, you can tap your equity for a variety of investments.
Including:
If you think you can benefit from additional education but don't have the funds readily available, consider getting a home equity loan to pay for that education. Think of it as an investment in yourself and your future.
If you want to update your living space or if you are getting ready to sell, you can use your home equity to invest in home improvements. If you research properly what home improvements offer the best returns, this can even increase your home's value above and beyond its sticker price, which will help you build more equity on your property.
If you have a great business idea in mind and need financing to get your business up and running, a home equity loan is an easy and straightforward option.
If you are thinking of getting an investment property, you can use the equity in your home to buy another property.
Whatever your financial goals are, you can tap the equity you've gained over time to help you fuel your next move.
If you're interested in finding out just how much equity you have in your current home and how you can use it to fuel your financial goal, connect with your trusted RE/MAX Advanced Realty Agent, Today!
It's the month of Love! If you're looking for a restaurant in Indy to have a romantic dinner, a place to celebrate friendship, or anything in between this Valentine's season, RE/MAX Advanced Realty has you covered. Our agents, Ashley Abbott, Josh Latham, David Cook, and Cate Waggoner-Lee, shared their favorite restaurants in Indy with a romantic atmosphere.
(317) 257–2253 ext. 3 ( both locations)
This beautifully decorated cake shop welcomes its client with a magical fairytale-themed decoration (Broad Ripple Village) or hundreds of Swarovski crystals glistening on many chandeliers ( Carmel City Center). Wherever store you choose to visit; you are sure to enjoy an unforgettable experience of a great atmosphere, sumptuous dishes, and delicious desserts.
Coopers Hawk Winery & Restaurant
AVON 8696 E US Hwy 36 Avon, IN 46123 | 317-806-1234
INDIANAPOLIS 3815 E 96th St Indianapolis, IN 46240 | 317-574-9463
Perfectly for wine lovers, this restaurant invites everyone to experience memorable moments built upon delicious food and award-winning wines. They offer a Modern Casual Dining Experience with warm hospitality in an inviting upscale setting and a Napa-Style Tasting Room and Artisanal Markets where guests can explore and expand their palates and enrich their wine journey.
Downtown Indianapolis | 153 South Illinois St., Indianapolis, IN 46225 | 317 635-9594
Northside Indianapolis | 4050 East 82nd St., Indianapolis, IN 46250 | 317 915-8045
A must-go for grill lovers, Harry & Izzy's is a sister company of the famous St. Elmo Steak House. It is an independent, upscale, classic American Grill with an ambiance exuding class and sophistication in a comfortable setting with a lively bar centered in the restaurant and a broad menu of tasty dishes.
299 W Main St Greenwood Indiana 46142 | contact@reverygreenwood.com | 317-215-4164
This mid-sized restaurant in the family-friendly, uniquely charming neighborhood of Old Town Greenwood offers high-quality food & drinks in a modern-meets-rustic environment. They utilize the freshest ingredients to bring homemade dishes straight to your table.
Wonderful food, superior service, and an enchanted ambiance are what you can expect in this restaurant. They are dedicated to creating memorable moments for their guests by providing exceptional quality and value. They offer a wide variety of menus that surely won't disappoint.
8031 S. Meridian St. Indianapolis, IN 46217 | 317-888-1112
This restaurant is for you if you enjoy eating Italian food in a relaxed and cozy ambiance. Vito Provolone is a family-owned Italian restaurant on the Southside of Indianapolis that has been serving pasta, pizza, and house favorites such as Chicken Marsala & Spicy Vodka Sauce for decades.
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RE/MAX Advanced Realty just listed the Iconic Mug-n-Bun for Sale! This vintage drive-in has been serving fine food on Indy's West side since 1960. Located just a stone's throw away from Indianapolis Motor Speedway, Mug-n-Bun has been a staple to the community for 63 years. They have served generations of Speedway diners, including race lovers, tourists, and Hoosiers.
Featured on an episode of the television series Man Vs Food, Mug-n-Bun Indiana is well known for their burgers and homemade root beer . They also serve tenderloins, hand-dipped onion rings, milkshakes, and healthier options like grilled chicken, salads, plus so much more! Mug-n-Bun has something for everyone, and one can eat however they want with their various dining options - In car service for the drive-in traditionalists, at their outside picnic area, or at their indoor seating. They also accept call-ins for pick-up orders and offer the option to rent their facilities for special events.
Currently owned by master electrician Jay Watson, the business was purchased 23 years ago as his retirement project. Now that he is 63, he decided that he is ready to get out of the restaurant business, hence the decision to put the booming restaurant business up for sale.
Listed at $2,199,000 by RE/MAX Advanced Realty's top commercial agent Keith Turnbill, 5211 W 10th St. Speedway, IN 46224 is located right at the heart of Speedway on nearly 2.50 acres.
The sale includes:
All that one could need to keep the business running.
In an Interview with Indy Star, Mug-n-Bun owner Jay Watson said that he is proud of both the service and delicious food they have served throughout the decades.He hopes that whoever buys the Mug-n-Bun will continue the business. If there's one piece of advice he can give to whoever buys his business, it's the same advice he received shortly after taking over. "Don't change anything" If ain't broke, don't fix it. With over 3000 positive Mug-n-Bun reviews on their google page, many agree with Mr. Watson.
Have you already dined at Mug-n-Bun in Indiana and tried the Mug-n-Bun special? What are your favorite dishes?How do you feel about the sale of this iconic Drive-in in Speedway? What's your favorite memory while eating at this diner? Leave your thoughts in the comment section below!
If you have any real estate related questions about the listing, contact RE/MAX Advanced Realty Greenwood Office's Head of Commercial Division, Keith Turnbill at 317-626-0800 or drop by our office at 65 Airport Pkway Ste 140 Greenwood, IN 46143
8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224