April Home Sales in Indiana Remain Robust
April Home Sales in Indiana Remain Robust
April Home Sales in Indiana Remain Robust
Helpful
Tools
Mortgage
Calculator

Estimate your monthly payment for a home purchase or refinance
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about mortgage loans to find the one that's right for you
15 Year vs 30 Year
Loan Comparison

Compare payments between a 15 year and 30 year mortgage loan
Today's Mortgage
Rates

See today's current mortgage rates. Shop, compare and save.

June 7, 2012 (Shirley Allen)

Home sales in Indiana continued to show impressive strength during April following March’s forty-five percent surge as sales surpassed both the previous month’s and the previous year’s levels according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 5,568 existing single-family homes and condos were sold in the Hoosier State in April. That was 7.7 percent higher than the 5,170 homes sold in March and 13.0 percent higher than the 4,929 homes sold in April 2011.

The median sales price for an existing home in Indiana increased by 4.5 percent in April to $116,000, up from $111,000 in March, and was 2.7 percent higher than the median price of $113,000 in April of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “April was one of the best months the statewide housing market has seen in years. And members are confident the next few months of the traditional selling season will follow this positive trend so long as Hoosiers are working. Going forward, we will be closely watching the activity related to the percent of original list price received at sale and inventory of homes for sale. Favorable supply-demand trends may finally be ticking toward sellers, though with still historically low interest rates, qualified buyers have a great market in which to make an investment.”

Of the 92 counties that provide data for the monthly report, fifty-nine of the counties reported gains in home sales over the previous year or were unchanged with Noble County (+103.6 percent) reporting the largest increase among counties with 20 sales or more while Marshall County (-44.7 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 942 home sales, up from 782 in April 2011, while Hamilton County followed with an estimated 428 closed sales for the month, up from 365 a year ago.

Year-over-year, forty-six counties posted an increase in their median prices led by Steuben County (+49.5 percent) with Miami County (-72.5 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes available for sale increased in April with 46,571 homes actively available. That’s up from 44,638 in March and but still down from 50,076 in April of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from March but down from a 10.8 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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
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.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

June 7, 2012 (Shirley Allen)

Home sales in Indiana continued to show impressive strength during April following March’s forty-five percent surge as sales surpassed both the previous month’s and the previous year’s levels according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 5,568 existing single-family homes and condos were sold in the Hoosier State in April. That was 7.7 percent higher than the 5,170 homes sold in March and 13.0 percent higher than the 4,929 homes sold in April 2011.

The median sales price for an existing home in Indiana increased by 4.5 percent in April to $116,000, up from $111,000 in March, and was 2.7 percent higher than the median price of $113,000 in April of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “April was one of the best months the statewide housing market has seen in years. And members are confident the next few months of the traditional selling season will follow this positive trend so long as Hoosiers are working. Going forward, we will be closely watching the activity related to the percent of original list price received at sale and inventory of homes for sale. Favorable supply-demand trends may finally be ticking toward sellers, though with still historically low interest rates, qualified buyers have a great market in which to make an investment.”

Of the 92 counties that provide data for the monthly report, fifty-nine of the counties reported gains in home sales over the previous year or were unchanged with Noble County (+103.6 percent) reporting the largest increase among counties with 20 sales or more while Marshall County (-44.7 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 942 home sales, up from 782 in April 2011, while Hamilton County followed with an estimated 428 closed sales for the month, up from 365 a year ago.

Year-over-year, forty-six counties posted an increase in their median prices led by Steuben County (+49.5 percent) with Miami County (-72.5 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes available for sale increased in April with 46,571 homes actively available. That’s up from 44,638 in March and but still down from 50,076 in April of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from March but down from a 10.8 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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
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.
Helpful Tools

June 7, 2012 (Shirley Allen)

Home sales in Indiana continued to show impressive strength during April following March’s forty-five percent surge as sales surpassed both the previous month’s and the previous year’s levels according to the latest housing data from the Indiana Association of Realtors® (IAR).

An estimated total of 5,568 existing single-family homes and condos were sold in the Hoosier State in April. That was 7.7 percent higher than the 5,170 homes sold in March and 13.0 percent higher than the 4,929 homes sold in April 2011.

The median sales price for an existing home in Indiana increased by 4.5 percent in April to $116,000, up from $111,000 in March, and was 2.7 percent higher than the median price of $113,000 in April of last year.

Karl Berron, Chief Executive Officer of the Indiana Association of REALTORS®, stated, “April was one of the best months the statewide housing market has seen in years. And members are confident the next few months of the traditional selling season will follow this positive trend so long as Hoosiers are working. Going forward, we will be closely watching the activity related to the percent of original list price received at sale and inventory of homes for sale. Favorable supply-demand trends may finally be ticking toward sellers, though with still historically low interest rates, qualified buyers have a great market in which to make an investment.”

Of the 92 counties that provide data for the monthly report, fifty-nine of the counties reported gains in home sales over the previous year or were unchanged with Noble County (+103.6 percent) reporting the largest increase among counties with 20 sales or more while Marshall County (-44.7 percent) posted the largest year-over-year decline in closed sales.

Marion County recorded the most sales for the month with an estimated 942 home sales, up from 782 in April 2011, while Hamilton County followed with an estimated 428 closed sales for the month, up from 365 a year ago.

Year-over-year, forty-six counties posted an increase in their median prices led by Steuben County (+49.5 percent) with Miami County (-72.5 percent) posting the largest decline in prices in counties that had a minimum of 20 sales.

The total number of homes available for sale increased in April with 46,571 homes actively available. That’s up from 44,638 in March and but still down from 50,076 in April of 2011.

The state had an average 9.3 months supply of homes available for purchase, unchanged from March but down from a 10.8 months supply a year earlier.

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

Source:
IAR

HOW LOANRATENETWORK
LOAN CENTER 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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
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.