As we move into August, it’s a great time to look back and analyze the real estate trends from July. The summer months have provided us with valuable insights into the Indiana housing market, revealing patterns that could influence your real estate decisions. Whether you’re planning to buy, sell, or simply keep an eye on the market, here’s a snapshot of how key Indiana counties performed in July, offering valuable insights into the trends that shaped the market last month.

Comparison Note: Percent change comparisons reflect results from June 2024 to July 2024 for the prior month, and from July 2023 to July 2024 for the prior year. Data provided by MIBOR Listing Cooperative, compiled on August 11, 2024.

 

 

Bartholomew County

In Bartholomew County, the median sales price has dipped to $254,900, marking a notable decline of 8.6% from last month and 9.3% from last year. This drop in prices might suggest a cooling market, but it's worth noting that the number of units sold has increased significantly by 33.7% compared to the previous month. This rise in sales could indicate that despite lower prices, buyers are actively seizing opportunities. The inventory levels remain stable with 157 active listings, while new listings have slightly decreased, down 8.9% from the prior month.

Boone County

Boone County is seeing a more complex picture. The median sales price of $394,000 represents a decrease of 7.3% from last month, though it’s only a slight drop of 2.5% year-over-year. The number of units sold has seen a 6.8% increase from last month, which might suggest that despite falling prices, the market remains dynamic and active. However, with new listings falling by 12.6%, the active inventory of 157 homes has slightly decreased. The consistent median days on market of 13 days may indicate that well-priced homes are still attracting buyers relatively quickly.

Brown County

Brown County is experiencing a significant drop in median sales prices, down 13.9% to $309,999. Despite this, units sold have increased by 21.1%, showing a positive trend in sales activity. The rising inventory levels, up 16.1%, might be contributing to this price reduction, providing buyers with more choices. The median days on market have decreased substantially, suggesting a faster-moving market despite the drop in prices.

Decatur County

Decatur County presents a different scenario with a dramatic 20.2% drop in median sales price to $210,000. However, the number of units sold has increased by 31.6%, which could indicate that lower prices are driving higher sales volumes. Inventory levels are down slightly, and with a decrease in new listings, the market might be adjusting to these price changes. The reduced median days on market to 11 days shows that homes are selling quicker in this lower-price bracket.

Hamilton County

Hamilton County’s market shows resilience with a median sales price of $464,950, up 3.0% from last month. The number of units sold has decreased slightly by 1.3%, but the increase in active inventory and new listings suggests a more balanced market. The median days on market have increased significantly to 11 days, which could be a sign that higher-priced homes are taking a bit longer to sell, possibly due to the higher inventory levels.

Hancock County

Hancock County is seeing a modest increase in median sales price to $326,750, up 1.3% from last month. Sales activity is strong with a 31.0% increase in units sold, indicating a vibrant market. Despite a slight decrease in new listings, the median days on market is stable, suggesting a healthy demand for homes in this area.

Hendricks County

In Hendricks County, the median sales price has remained relatively stable at $349,240, with a slight 0.2% decrease from last month. Sales have slightly decreased by 7.6%, yet the inventory remains manageable with a slight decrease in new listings. The increase in median days on market indicates that while homes are still selling, they may be taking a bit longer to find the right buyer.

Jackson County has experienced a 4.3% drop in median sales price to $225,000. Despite this, sales activity has increased by 7.9%, and the median days on market have decreased significantly. This suggests that lower prices might be stimulating buyer interest and quicker sales.

Jennings County

Jennings County’s median sales price has remained steady at $212,000, with no change from the previous month. However, the number of units sold has decreased, suggesting a potential softening in demand. The increase in active inventory and median days on market might indicate a shift toward a more buyer-friendly market.

Johnson County

Johnson County’s market shows a decrease in median sales price to $307,998, down 9.4% from last month. Despite this, sales activity remains strong with a decrease in median days on market, indicating that homes are still selling relatively quickly. New listings have slightly increased, suggesting a steady flow of new properties coming onto the market.

Madison County

Madison County is experiencing a strong market with a 36.4% increase in median sales price to $225,000. The number of units sold has also increased significantly, suggesting high buyer demand. The stable median days on market indicates that homes are selling at a consistent pace despite the rising prices.

Marion County

Marion County’s median sales price is $259,000, showing a slight decrease from last month but an increase from last year. The large number of units sold and the increase in active inventory suggest a robust and active market. The decrease in median days on market to 12 days indicates that homes are selling relatively quickly in this large and diverse market.

Montgomery County

Montgomery County shows a significant decrease in median sales price to $177,500, down 12.6%. Despite this, the number of units sold has increased, suggesting that lower prices are attracting more buyers. The decrease in median days on market indicates that homes are selling faster, likely due to the more attractive pricing.

Morgan County

Morgan County has seen a decrease in median sales price to $313,750, down 3.5%. However, sales activity remains strong, and the decrease in median days on market suggests a quick turnover for homes in this area. The increase in active inventory and new listings may offer more options for buyers.

Putnam County

In Putnam County, the median sales price has increased slightly to $259,000. However, the significant decrease in new listings and increase in active inventory suggest a market adjusting to changes. The longer median days on market may indicate that homes are taking a bit longer to sell.

Shelby County

Shelby County has seen an increase in median sales price to $272,500, with a 6.9% rise from last month. Despite a slight decrease in the number of units sold, the increase in median days on market suggests that while prices are rising, homes are taking longer to sell.

As you consider these insights, remember that local market conditions can vary widely. If you’re thinking about buying or selling, it’s always a good idea to consult with a local real estate expert who can provide personalized advice based on your specific needs and goals. Reach out to Indy’s leading brokerage, RE/MAX Advanced Realty, at 317-298-0961 (West Office) and   317-881-3700 (Greenwood Office)  to connect with experienced professionals who can help you navigate the current market trends and make informed decisions.

 

The living room is frequently called the "heart" of the home, and there is a good reason for this perception. It is the focus for friends and family get-togethers and fulfills several functions. A friendly and well-arranged living room may create an excellent first impression on visitors and help them feel at home. 

The living room has many uses because it is such a flexible area. Its design and decor affect the home's overall appeal. A well-planned living room may give the entire home feel cozy, while a poorly constructed one does the opposite.

There are many things you can do in the living room, which can also serve as a workspace, a reading area, or a music room. Thus, giving it the right attention as well as an upgrade is always a good idea. Here are ways how to make this room more welcoming and elegant.

How To Make Your Living Room Appear More Elegant In 2024?

Statement Lighting

A lighting source, whether it be a floor, table, or ceiling lamp, may also make a statement. Consider using dramatic lighting accents like large lampshades, a glitzy gold lamp base, or a contemporary crystal chandelier. A space can have a high-style focal point with a shining finish or an enormous size.

The brass chandelier and table lamps in this room lend the black-and-yellow color scheme a striking, opulent radiance.

Budget Tip: Budget-friendly glamorous lighting choices are undoubtedly possible. You may find crystal ceiling fittings that cost less than $200. For elegant floor and table lamps, check big-box stores for striking designs that cost less than $100.

Wall Mirrors

Mirrors are the ideal piece of furniture to add light, create the appearance of greater space, and give off a glitzy, luxurious vibe. A huge mirror over a sofa, credenza, or focal point, like a fireplace, should be hung.

In this white living room, a collection of simple, large mirrors creates a chic background for the white couches. It gives just the appropriate amount of glitz without giving the room the appearance of an ostentatious jewel box.

Budget Tip: Oversized mirrors don't need to be elaborate to look opulent. If a large mirror isn't available, consider clustering smaller mirrors to achieve a like look.

Oversized Art

The larger the canvas or framed piece of art in the living room, the more upscale the space will appear. Large artwork gives an expensive-looking gallery appearance.

photo 3

A regular white cabinet in this room becomes the focal point of the room thanks to a giant artwork painted in metallic gold. The striking black lamp adds even more drama to the wall.

Budget Tip: It can be difficult to choose affordable art that has a high-end appearance. It's challenging since art is individualized and subjective. Look through your local flea markets or online marketplaces like Chairish and Etsy for reasonably priced solutions. A huge original painted canvas or framed print usually looks more upscale than a giclée or printed canvas. Your living space can have a gallery-like atmosphere by using basic shapes and forms that you like, that provide drama, or a flash of color.

Large Rugs

Your space will appear larger with a rug that can comfortably fit beneath all of your key pieces of furniture, including the coffee table, sofa, and armchairs. When trying to elevate the standard of design and elegance in a living room, this is crucial.

photo 4

This area's huge carpeting highlights every piece of furniture. Its vastness allows the eye to move about and take in the room's expanse, which includes the colorful pouf and chic accent chair. This is how the room would appear if there was just a tiny rug beneath the coffee table. A modest size would resemble a bath mat and give the impression that the room is smaller.

Budget Tip: While sisal and jute are natural fiber carpets, they might be more affordable than large rugs. To give them a softer feel, they are occasionally woven with other materials. As an alternative, search for cozy-textured indoor-outdoor rugs.

High, Lush Curtains

Hang window coverings from the ceiling or as high up on the wall as you can. Elevated placement, a common characteristic in luxury living rooms, adds volume and offers the illusion of a higher ceiling.

photo 5

Budget Tip: If you can't afford pricey curtain panels, you may still give your space a more upscale appearance by hanging more of them, or doubling up on the panels. Most curtain materials appear more opulent when they have thicker bunched panels. You can also hide any subpar detailing or quality in your drapes by doubling the number. Even less expensive curtains typically look more expensive when they have a consistent hue and some texture.

Conclusion

It is possible to make your living room feel more inviting and comfortable without spending so much. All you have to do is add in a little creativity along with research.

As always, you can check our website to see more design inspirations. 

In Indiana, there is one city where the population is growing faster than the others. Can you figure out which one it is?

In this post, we'll talk about not one, not two, but 10 cities in Indiana that are rapidly growing. This will help you choose which places to consider if you move to the Hoosier State.

10 Cities In Indiana That Are Growing Quickly

The history of "The Hoosier State" is primarily associated with farming, motor racing, and basketball. This state is home to about 6.7 million people, so you might end up joining the crowd. We can help if you are having trouble deciding which city to call home.

1. Westfield, Indiana

First on our list is Indianapolis' northernmost suburb, Westfield, IN. There are currently 50,650 people living in the city, a 28% growth from 2017.

The number of wonderful parks in Westfield, such as Quaker Park, Macgregor Park, and Asa Bales Park, is only one of the numerous reasons why people are relocating there. Locals can also discover a wide variety of eateries in the city, such as The Mill Tavern, Grindstone on the Monon, and The Italian House on Park.

2. Noblesville In Indiana

The second-fastest-growing city in Indiana is Noblesville. Its population increased by 15%, reaching a current estimate of 70,950.

Noblesville, Indiana is renowned for its numerous parks and trails, antique stores, and historic downtown. The Noblesville Farmers Market and the Noblesville Street Fair are two of the city's yearly festivities.

Noblesville offers a variety of exciting activities, including sports at Dr. James A. Dillon Park and Finch Creek Park, dining at Chuy's, Aspen Creek Grill, and Grindstone Public House, and attending concerts at Ruoff Music Center.

3. Greenwood In Indiana

The charming downtown area and spacious, historic residences in Greenwood, IN are its most notable features. Its population has increased by 13% to approximately 64,950.

Try something to eat at one of the neighborhood's favorite spots, The Yard Cafe, Valhalla Sandwiches, or Baranof Restaurant, to get a taste of what it's like to live in Greenwood.

After that, you can take a leisurely stroll through one of the many parks, such as Old City Park. And finally, do not miss a performance at the Greenwood Performing Arts Center.

4. Fishers In Indiana

Ranking fourth on our list of Indiana cities with the quickest rate of growth in Fishers, IN.

Fishers is a thriving, growing city that has won awards for entrepreneurship and livability across the country. The population of the city increased by 10% to approximately 101,200 people today.

Living in Fishers offers a plethora of fantastic things to do, including visiting Roy G. Holland Memorial Park, Billericay Park, and Cumberland Park, or stopping by Paterson's, Sahm's Restaurant, or City Barbeque for a quick bite.

fishers in indiana

5. Columbus In Indiana

Are you considering relocating to Columbus? The city is mostly renowned for its distinctive architecture, which consists of thousands of architectural treasures dispersed throughout the entire area. Columbus now has about 50,600 people living there, a 7% rise in population. It's among the more reasonably priced areas of Indiana to call home.

Searching for things to do in Columbus? Try jogging at Freedom Field, Mill Race Park, and Clifty Park; viewing art at the Atterbury Bakalar Air Museum; attending a performance at the Mishawaka or Midway Tavern; or indulging in delectable cuisine at Amazing Joe's Grill, Taku Stead House, and Henry Social Club.

6. Jeffersonville In Indiana

Ranking sixth, Jeffersonville, IN is mostly recognized for its picturesque Ohio River vistas and close proximity to Louisville, KY. The city's population of approximately 50,300 has increased by 6% in the past year.

There are many interesting things to do in Jeffersonville, like having a picnic in Bob Hedge Park, Warder Park, or Chapel Lake Park, seeing a performance at Jeffersonville Riverstage, or dining at one of the neighborhood's eateries, The Red Yeti, Pearl Street Taphouse, or Parlour.

7. Mishawaka In Indiana

Are you considering moving to Mishawaka, Indiana? The city's riverfront parks, growing downtown, and frequent events are its most notable features. It is where the famous University of Notre Dame is also located. Mishawaka now has 51,100 residents, a 4% increase.

You might be wondering what living in Mishawaka, IN is like. There are plenty of things to do, like dining at Doc Pierce's Restaurant, Evil Czech Brewery and Public House, and Papa Vinos Italian Kitchen, or just lounging around Battell Park, Central Park, and Merrifield Park.

8. Carmel In Indiana

Located at number eight on our list, Carmel, IN is most recognized for its abundance of roundabouts. Since the 1990s, the city has been installing roundabouts, and as of right now, Carmel has more than 100. Its population, which is currently estimated to be around 100,800, increased by 3%.

Check out one of the many fantastic parks in Carmel, Indiana, including Flowing Well Park, Founders Park, and Carey Grove Park, as well as places like The Center for the Performing Arts, Booth Tarkington Civic Theatre, and The Cat, if you're wondering what to do there. For a taste of everything the city has to offer, don't miss a visit to some of the local favorites, Charleston's Restaurant, Muldoon's on Main, and Bub's Burgers & Ice Cream. See the Museum of Miniature Houses and Other Collections after that. Living in Carmel offers something for everyone.

9. Kokomo In Indiana

Kokomo, sometimes known as the "City of Firsts," was the first American city to employ rolling mill technology to create steel and to install electric street lights. It is Indiana's ninth-fastest-growing city. The city now has 59,700 residents, representing a 3.17% increase.

Are you curious about life in Kokomo? Well, there are plenty of enjoyable things to explore. Jackson Morrow Park, Foster Park, and Highland Park are good places to enjoy the outdoors. Windmill Grill, Half Moon Restaurant & Brewery, and Choo Choo McGoo's are great places to try if you enjoy dining out. Make sure to visit The Kokomo Country Palace and Seiberling Mansion if you're looking to explore the local arts and entertainment scene

10. Elkhart In Indiana

Elkhart, Indiana, which has a long history in the RV and musical instrument manufacturing industries, comes in at number 10. To reach its current population of around 54,000, there was a 3.01% population decrease.

There are plenty of things to do in Elkhart, like visiting museums like the National New York Central Railroad Museum and the Hall of Heroes Superhero Museum and strolling through parks like Studebaker Park and Island Park. Take a look at Chubby Trout, The Vine, and Cappy's Northside Tavern and Restaurant for some of Elkhart's best cuisine. You can see a performance at Five Star Dive Bar and The Lerner Theatre later on.

Conclusion

Many cities in Indiana are growing, each with its charm and attractions. The city listed in Indiana above has growing populations, vibrant cultures, and many recreational options. A rich history and modern amenities draw inhabitants to Indiana's various communities.

If you want to know which cities in Indiana suit your needs and preferences, our team at RE/MAX Advanced Realty is here to help you!

Send us a message or leave a comment below to get started.

As we reach the midpoint of the year, the Central Indiana single-family homes market continues to display dynamic shifts across its counties. From the bustling urban landscapes of Hamilton County to the scenic retreats of Brown County, each area offers a distinct perspective on the current housing market. This is our interpretation based on the data provided by MIBOR Market Insights, examining trends observed from May 2024 to June 2024 and providing a comparative look at year-over-year data from June 2023 to June 2024. Whether you're a prospective buyer or seller, understanding these trends is essential for making informed real estate decisions in today's evolving market.

 

 

 

Bartholomew County shows a stable market with a slight decrease in median sales price compared to the previous month but a modest increase year-over-year. The decrease in units sold suggests a slower market pace, providing buyers with more negotiating power. Active inventory has increased, offering buyers more choices, although fewer new listings may limit options. Properties are selling quickly with a low median days on market, indicating continued demand despite some price fluctuations.

Boone County demonstrates a strong market with a significant increase in median sales price month-over-month and year-over-year, reflecting rising property values. However, the decrease in units sold indicates a slower market pace, potentially due to increased prices and limited inventory growth. Active inventory has risen slightly, but fewer new listings may constrain buyer options. Properties are selling quickly with a low median days on market and an uptick in price per square foot, suggesting continued demand in a competitive market.

Brown County shows a mixed market with a notable decrease in median sales price compared to the previous month but an increase year-over-year. The decline in units sold suggests a slower market pace, which could provide buyers with more negotiating opportunities despite a stable inventory. Median days on market have decreased significantly, indicating properties are selling faster, but fewer new listings may limit buyer choices. Price per square foot has also decreased slightly, potentially offering buyers more affordable options in this market.

 

Decatur County displays a strengthening market with a substantial increase in median sales price month-over-month and year-over-year. Despite a decrease in units sold, active inventory has expanded, offering buyers more options. Properties are selling relatively quickly with a low median days on market, indicating strong demand. The increase in new listings further supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.

Hamilton County maintains a robust market with a slight increase in median sales price compared to the previous month and stable growth year-over-year. Despite a modest decrease in units sold, active inventory has grown, giving buyers more choices. Properties are selling quickly with a low median days on market, reflecting continued demand. However, fewer new listings may limit buyer options despite a stable price per square foot, indicating a balanced market with steady growth in property values.

Hancock County shows a steady market with a decrease in median sales price compared to the previous month but a slight increase year-over-year. The decline in units sold suggests a slower market pace, potentially giving buyers more negotiating power despite stable active inventory. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. Fewer new listings may limit buyer choices, although the slight decrease in price per square foot could offer opportunities for affordability.

 

 

Hendricks County demonstrates a stable market with a slight decrease in median sales price compared to the previous month but a modest increase year-over-year. The increase in units sold suggests continued demand, supported by a growing active inventory. Properties are selling quickly with a low median days on market, indicating a competitive market environment. The slight increase in price per square foot reflects rising property values, potentially benefiting sellers despite fewer new listings limiting buyer options.

Jackson County shows a resilient market with a stable median sales price compared to the previous month and significant growth year-over-year. Despite a slight decrease in units sold, active inventory has remained stable, providing consistent buyer options. Properties are selling relatively quickly with a moderate median days on market, suggesting steady demand. However, fewer new listings may restrict buyer choices, although the increase in price per square foot indicates rising property values, benefiting sellers.

 

Jennings County displays a strengthening market with a notable increase in median sales price month-over-month and year-over-year. Despite a decrease in units sold, active inventory has expanded significantly, offering buyers more choices. Properties are selling relatively quickly with a moderate median days on market, indicating strong demand. The increase in new listings supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.

Johnson County maintains a stable market with a slight increase in median sales price compared to the previous month and steady growth year-over-year. Despite a decrease in units sold, active inventory has grown moderately, providing buyers with more options. Properties are selling quickly with a low median days on market, reflecting continued demand. Fewer new listings may limit buyer choices, although the stable price per square foot indicates a balanced market with steady property values.

Madison County shows a varied market with a decrease in median sales price compared to the previous month and year-over-year. The decline in units sold suggests a slower market pace, potentially giving buyers more negotiating opportunities despite a stable active inventory. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. Fewer new listings may constrain buyer options, although the slight decrease in price per square foot could offer affordability in this market.

 

Marion County demonstrates a stable market with a slight increase in median sales price compared to the previous month and moderate growth year-over-year. Despite a decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a low median days on market, reflecting consistent demand. However, fewer new listings may limit buyer options, although the stable price per square foot indicates a balanced market with steady property values.

Montgomery County shows a stable market with a slight increase in median sales price compared to the previous month and strong growth year-over-year. Despite a slight decrease in units sold, active inventory has grown, offering buyers more options. Properties are selling relatively quickly with a low median days on market, indicating steady demand. The increase in new listings supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.

Morgan County displays a robust market with a notable increase in median sales price month-over-month and year-over-year. Despite a slight decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a low median days on market, indicating strong demand. The decrease in new listings may limit buyer options, although the increase in price per square foot reflects rising property values, potentially benefiting sellers.

Putnam County shows a stable market with a slight increase in median sales price compared to the previous month and a decrease year-over-year. Despite a decrease in units sold, active inventory has grown significantly, offering buyers more options. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. The increase in new listings supports market activity, although the decrease in price per square foot suggests affordability, potentially attracting buyers.

Shelby County demonstrates a stable market with a slight increase in median sales price compared to the previous month and moderate growth year-over-year. Despite a decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a moderate median days on market, reflecting steady demand. The increase in new listings supports market activity, although the decrease in price per square foot suggests affordability, potentially benefiting buyers.

 

As we conclude our county-by-county analysis of the Central Indiana single-family homes market, it's evident that each area presents unique opportunities and challenges for buyers and sellers alike. From the rapid pace of Hamilton County to the steady resilience of Boone County and beyond, understanding these trends is crucial in navigating your real estate journey.

Looking ahead, the remainder of the year promises to be dynamic, with shifting market conditions influenced by economic factors and buyer-seller dynamics. Whether you're considering buying, selling, or investing in Central Indiana real estate, our team at RE/MAX Advanced Realty is here to provide expert guidance and support.

Explore our listings, connect with our experienced agents, and let us help you achieve your real estate goals in this competitive market. Contact us today to schedule a consultation and take the next step towards finding your dream home or maximizing your property's value. Trust RE/MAX Advanced Realty  for insightful market analysis and personalized service, ensuring a smooth and successful real estate experience.

Being in the real estate industry for more than 20 years is both an exciting and challenging experience. There are many wins -- and by that we mean helping tons of clients find their dream homes and sell their properties at the best prices.

There are also times when we wish we could have done something better, and while these are times we, well... felt bad, we know these are crucial because these instances helped us learn. For instance, securing a client their dream home in a low inventory market required a strategic approach and dedication to their specific needs. 

Below, we’ll share how we’ve accomplished it.

Navigating A Low-Inventory Market For Our Homebuyers

Thorough Understanding of Client Needs

We started by thoroughly understanding our client's requirements, preferences, and budget constraints. This allowed us to narrow down the search and focus on properties that truly matched their criteria.

Proactive Approach

In a low inventory market, being proactive is key. We constantly monitored new listings and were quick to schedule viewings as soon as suitable properties became available.

Networking and Relationships

We took advantage of our wide network and connections within the real estate industry.This gave us access to off-market listings and potential sellers who were considering listing their homes.

agent negotiating a client

Creative Negotiation

With limited options available, negotiation skills were crucial. We utilized creative negotiation tactics to make our client's offer stand out, whether it was offering a competitive price, flexible closing terms, or demonstrating our client's strong financial position.

Market Insights

Keeping our client informed about market trends and insights was essential. This helped manage expectations and make informed decisions quickly when the right opportunity arose.

Persistence and Patience

Patience and perseverance are frequently needed to secure a dream house in a market with low inventory.We remained committed to our client's goal and continued the search until we found the perfect match.

Strategic Bidding

When it came time to make an offer, we strategically positioned our client to make a compelling bid without overpaying. This involved analyzing comparable sales data and assessing the current market conditions.

Support Throughout the Process

Along the process, from the first search to the closing, we gave the client constant guidance and support. This made the transaction successful and seamless.

By combining these strategies and our expertise in navigating low inventory markets, we were able to secure our client their dream home, exceeding their expectations and delivering an exceptional real estate experience.

 

We are thrilled to invite you to a series of Open House events this weekend, where you can explore stunning homes in some of Indiana's most desirable neighborhoods. Whether you are looking for historic charm, modern amenities, or serene lakefront living, we have something special for you. Join us and discover the perfect home for you and your family. Here are the details of our Open Houses:

Saturday, June 22, 2024

 

919 Broadway St Unit D, Indianapolis, IN 46202
Time: 12 PM - 3 PM
Hosted by: Jessica Montalvo  | 317-912-3730

Own a piece of history with this stunning condo in the heart of Historic Chatham Arch Neighborhood. Built in 1890, this home seamlessly blends timeless elegance with contemporary city living. Positioned on a prized corner lot, you're just steps away from the new BottleWorks District and the vibrant atmosphere of Mass Avenue. Enjoy the variety of dining, shopping, and entertainment options right outside your door. This meticulously maintained home features beautiful hardwood floors, grand windows flooding the living room with natural light, and contemporary upgrades in the kitchen with stainless steel appliances and sleek granite countertops. Don't miss this exceptional condo in one of Indianapolis's most sought-after neighborhoods!

 

9049 W Forest Dr, Elwood, IN 46036
Time: 1 PM - 3 PM
Hosted by: Lori McCord | 317-258-9904

Welcome to the Forest Hills subdivision with no HOA and a private entry into the neighborhood. This beautiful home offers 4 bedrooms, 2 full bathrooms, a mud room, and a bonus room upstairs, with an additional living room in the basement. The property boasts hardwood floors, a great front porch, new windows, a water heater, a sewer pump, and a heated garage with A/C. With recent updates and a large yard, this home is perfect for families. The seller is providing an $800 flooring credit for the 2 bedrooms downstairs. Don't miss this opportunity!

Sunday, June 23, 2024

1029 Pine Hill Way, Carmel, IN 46032
Time: 12 PM - 2 PM
Hosted by: Tony Sowers | 317-694-2940

Step into luxury with this immaculate 6-bedroom, 5.5-bath custom home in Cheswick Place. A grand 2-story entry welcomes you into a living room with soaring 14 ft ceilings, brand new hardwood floors, and a 2-sided fireplace. The updated kitchen is a chef's dream with ample prep space, a center island, and stainless steel appliances. The huge main level primary suite features a spa-like bath and walk-in closet. The lower level is perfect for entertaining with a home gym, theatre area, bar/kitchenette, storage, and an additional bedroom and full bathroom. Enjoy your private backyard with a large deck, fire pit, and plenty of green space. Recent improvements make this home truly move-in ready!

455 Pleasantview Blvd, Greenwood, IN 46142
Time: 1 PM - 3 PM
Hosted by: Michael Carter | 317-966-3483

Discover this completely updated ranch home in the Center Grove school district. This home features a brand new roof, new engineered hardwood flooring, freshly painted interiors, and updated lighting fixtures. The kitchen boasts new cabinets, granite countertops, a new center island, and stainless steel appliances. The primary bathroom offers a glass walk-in shower with a luxury rainfall shower head. The nearly 1/2 acre yard is fully fenced with new landscaping and a newly painted storage shed. The garage is fully finished and freshly painted. Join us to see all the updates and enjoy the open house!

 

8360 S Indian Ridge Dr, Trafalgar, IN 46181
Time: 1 PM - 3 PM
Hosted by: The Rob Campbell Team 

Rob Campbell | 317-695-1315 & Joyce Campbell | 317-691-4627

Experience lakefront living at its finest with this beautiful log home on Lamb Lake. With over 100 feet of lakefront, a boat dock, and spectacular views, this home offers the perfect blend of rustic charm and modern amenities. The main level features cozy hardwood peg flooring, a wood-burning fireplace, and an updated kitchen with quartz counters and new appliances. The primary bedroom opens to a private deck overlooking the lake. The walkout basement includes a second kitchen, bar, living room with a fireplace, and a bonus room. Enjoy the best of lake living with water-skiing, boating, fishing, and more, all just 30 minutes from Greenwood and 45 minutes from Indianapolis.

Don't miss your chance to find your dream home this weekend! For the latest updates and to be notified as soon as new homes hit the market, sign up on our website to receive your free list of exclusive property listings. We look forward to welcoming you at our Open House Extravaganza! See you there!

 

2024 Survey Confirms High Productivity of RE/MAX Agents and Teams

In a significant testament to their dedication and expertise, RE/MAX professionals have once again demonstrated exceptional performance in the real estate industry. The 2024 RealTrends Verified agent and team rankings highlight nearly 2,500 RE/MAX pros for their outstanding productivity based on home sales in 2023. Notably, our brokerage proudly celebrates the achievement of two of our stellar teams making it to this prestigious list.

Nearly One in Eight Real Estate Professionals is a RE/MAX Affiliate

The RealTrends Verified rankings, previously known as “America’s Best,” identify the top U.S.-based real estate agents and teams who have significantly exceeded national production norms. Out of nearly 22,000 qualified professionals, almost one of every eight is a RE/MAX affiliate, showcasing the broad impact and reach of RE/MAX in the real estate market.

To earn a spot on this list, individual agents needed to close at least $16 million in sales volume or 40 transaction sides in 2023. Teams qualified by achieving a minimum of $24 million in sales volume or 60 transaction sides. 

RE/MAX Agents and Teams: Excellence in Action

Amy Lessinger, President of RE/MAX, lauds the continuous success of RE/MAX agents, attributing it to their commitment to high standards and professional excellence. “RE/MAX agents continue to succeed in part because of the high standards and values they set for themselves. They are committed to providing their clients with unparalleled service and expertise, and this recognition underscores that dedication to professional excellence,” she states.

Lessinger further emphasizes the local market knowledge and personalized solutions that RE/MAX agents bring to their clients. “RE/MAX agents understand their local markets and have the skills to offer personalized solutions and strategic advice to their clients,” she continues. “As these reports illustrate, RE/MAX affiliates are a great choice for buyers and sellers who value experience, productivity, and results.”

 

Celebrating Our Brokerage's Top Teams

We are thrilled to congratulate two remarkable teams from our brokerage who have earned their place in the 2024 RealTrends Verified rankings:

 

These achievements reflect the hard work, dedication, and superior service that our teams provide to their clients. We are incredibly proud of their accomplishments and their contribution to the overall success of our brokerage.

 

As we celebrate these significant achievements, we remain committed to supporting our agents and teams in their pursuit of excellence. Congratulations once again to The Craftsman Group and The Indy Home Pros Team for their impressive rankings in the 2024 RealTrends Verified list. Here’s to continued success and many more milestones ahead!

 

 

 

The dynamic real estate market is changing constantly as we move forward with 2024, influenced by a wide range of causes from significant technical breakthroughs to broad-based changes in the global economy. 

Entrepreneurs need to be extremely aware of the ever-changing real estate industry and take the initiative to keep ahead of the curve to make well-informed decisions and take advantage of the numerous opportunities that present themselves.

As we move through this period of fast change, let's take a closer look at a few major themes that have made and will likely make a big impact on the real estate market this 2024.

In the upcoming year, entrepreneurs attempting to manage the complexities of the real estate business will surely need to understand and adjust to these developments.

What Are Real Estate Market Trends In 2024?

1. Integration Of Technology Reshapes Real Estate Development

Real estate is increasingly driven by technology. Smart home technology, sustainable building techniques, and AI in property development will rise in 2024. 

These technologies will help real estate businesses fulfill the increasing need for ecological and tech-savvy living environments by improving their buildings' appeal and efficiency.

2. The Growing Popularity Of Flexible Spaces And Co-living

Adaptation to the real estate market occurs due to individuals' diverse ways of living and working. Co-living and flexible working are rising due to millennials' desire for collaboration. Real estate businesses should invest in homes with customizable spaces for residential and professional use.

3. Emphasis On Sustainable Development

Environmental sustainability is now a key factor in real estate decisions rather than just a trendy term. We predict that energy efficiency, eco-friendly construction, and green building methods will receive more attention in 2024. 

Sustainability-focused business owners not only support environmental preservation but also cater to the growing eco-awareness of their clientele.

4. The Revival Of The Suburban Area And Urban Resurgence

While urban centers develop, suburban living is regaining popularity. Many people now want large suburban homes after the pandemic. Due to current real estate consumers' different tastes, entrepreneurs should monitor urban revival and suburban growth.

checking a real estatae online

5. Revolutionizing Real Estate Transactions With Blockchain Technology

Blockchain technology is revolutionizing real estate transactions by improving security, transparency, and efficiency. A blockchain-powered smart contract could simplify property deals without intermediaries. Real estate entrepreneurs should consider how blockchain might streamline operations for buyers, sellers, and investors.

6. The Shifting Dynamics Of The Rental Market

Demographics and lifestyles are changing the rental market. Co-living, furnished apartments, and short-term rentals are growing. Due to the demand for flexible and innovative leasing choices, entrepreneurs should diversify their portfolios.

7. The Impact Of Global Economics

Even now, the real estate industry feels the effects of the global economy's interconnectedness. The global economy affects real estate. Entrepreneurs should stay alert because Geopolitics, interest rates, and economic developments can affect worldwide property values and investment prospects.

Economic instability can result from geopolitical events, including trade difficulties, conflicts, and diplomatic relations. Investor confidence and real estate investment decisions may be affected by this uncertainty. Real estate investment may rise when geopolitical stability is high, whereas instability may slow it.

8. The Housing Modular

Prefabricated and modular construction solutions speed up the construction process while retaining quality in this new approach to homebuilding. Builders and homebuyers favor modular housing for its efficiency, cost, and sustainability. 

9. Prices Of Assets And Inflation

Real estate values are affected by inflation. Real estate may hedge inflation in times of high inflation. Investors may purchase property to preserve their wealth, which may cause prices to rise.

Conclusion

Innovation, sustainability, and adaptation will define what are real estate market trends in 2024. Entrepreneurs who follow the current real estate market trends in 2024, use technology, and adapt to consumer tastes will succeed in a fast-changing business. Entrepreneurs can negotiate the real estate market and seize future possibilities by being knowledgeable and flexible.

Community gardens and real estate are integrating beyond greenery in metropolitan areas. Adding green spaces to real estate developments improves aesthetics and benefits people and the community as cities grow. 

One crucial aspect to consider is the environmental benefits offered by community gardens. Are community gardens good for the environment? In this post, we will help you understand what community gardens do in the environment. 

What Do Community Gardens Do?

"Are community gardens good for the environment?" -- that's one of the frequently asked questions about community gardens. To answer this, you must first understand what a community garden is.

A community garden is a piece of land cultivated by a group of people. Vegetables and flowers are usually grown here individually or collectively. As a result, it helps improve physical and mental health and nutrition in the community.

Urban Living's Green Revolution 

A green revolution is quietly growing in urban settings with skyscrapers and busy streets. Growing concrete jungles requires additional green places. Amid urban chaos, communal gardens promote sustainability, community solidarity, and property values. 

As green oases in urban settings, community gardens profoundly affect mental health, encourage sustainability through operations, and are increasingly valued as eco-amenities by real estate developers. 

Community Gardens' Emotional Allure

Community gardens bring nostalgia and nature to city dwellers, providing a refuge from city life. The emotional allure of these natural areas goes beyond aesthetics, affecting well-being and belonging. 

Community gardens are essential for promoting mental and emotional health, creating a sense of community by bringing people into contact with nature in urban areas, and encouraging personal growth narratives through shared gardening experiences.

two individuals walking across the community garden

Increasing Property Values: Green Spaces' Hidden Gem 

Community gardens increase real estate values and resident well-being. Developers realize that community gardens can boost property prices and increasingly embrace green facilities. 

Growing community gardens are being used as selling factors in marketing efforts, and the demand for homes close to green areas is a sign of beneficial effects on property values, in line with real estate trends emphasizing sustainability and green living. 

Supporting The Environment And Community 

Community gardens serve as a platform for sustainable practices and allow locals to cultivate their food. These green areas become centers of environmentally conscious activities that improve the environment and teach the local population sustainable living practices, such as composting and rainwater collection. 

Community gardens are essential to urban farming and self-sufficiency. They promote sustainability in urban environments through educational initiatives, rainwater gathering, composting, waste reduction, and water-saving techniques. 

Addressing the Real Estate-Community Garden Gap 

Keeping real estate and green spaces in balance is tricky as demand rises. Collaborative urban planning efforts, encouraging developers to include green amenities, and encouraging community involvement in decision-making processes are all necessary to balance the requirements of inhabitants and the demands of real estate development. 

Promoting Sustainable Urban Communities For The Next Generation

Community gardens in real estate serve emotional, social, and environmental demands in the ever-changing metropolitan setting. Green spaces and real estate create value in urban environments and a more sustainable and peaceful future. 

The effects of community gardens on urban real estate include increased property values, environmental sustainability, and communal well-being. Developers are interested in how community gardens provide value, livability, and resilience to urban surroundings. 

As we cross the urban jungle, you may know how these community oases affect property values and quality of life. Solutions must balance concrete with vegetation to preserve urban ecosystems for the next generations.

In the dynamic world of real estate, success isn't just measured in numbers; it's a testament to dedication, expertise, and unwavering commitment to clients. As the first quarter of 2024 draws to a close, RE/MAX Advanced Realty proudly celebrates the outstanding achievements of our teams and agents, who have once again demonstrated excellence in their field.

With great pleasure, we congratulate the Indy Home Pros Team for maintaining their #1 positions across multiple categories. Their consistent dedication to excellence has earned them the top spots in Team RESCOM Combined, Team Commercial Only, and among the Top 50 Teams by Transactions. Their unwavering commitment to delivering exceptional service has solidified their position as leaders in the industry.

The Craftsman Group has also showcased their prowess in the Q1 2024 rankings, securing impressive placements in several categories. Ranked #15 in Team RESCOM Combined and #19 among the Top 50 Teams by Transactions, The Craftsman Group continues to impress with their expertise and efficiency in delivering results for their clients.

Additionally, we extend our congratulations to Team-Results for their notable achievements in Q1 2024. With their strong performance, they have secured the #31 position in Team RESCOM Combined and #38 among the Top 50 Teams by Transactions. Their dedication to excellence and client satisfaction has been instrumental in their success.

Individual excellence is also celebrated at RE/MAX Advanced Realty, and we commend Keith Turnbill for his outstanding performance. Ranking #37 in the Individual RESCOM category, Keith's dedication and expertise have been instrumental in delivering exceptional results for his clients.

These achievements not only reflect the talent and dedication of our teams and agents but also underscore our commitment to providing unparalleled service to our clients. At RE/MAX Advanced Realty, we are proud to have such exceptional individuals and teams who consistently go above and beyond to exceed expectations.

As we move forward into the next quarter, we remain dedicated to upholding the highest standards of professionalism, integrity, and service excellence. Congratulations once again to all our teams and agents for their outstanding performance in Q1 2024. We look forward to continued success and making a difference in the lives of our clients in the months to come.

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