As one of the top Northside Indy Realtors covering Fishers, Carmel, Geist, and Washington Township Indy, I am seeing a drastic change in the market. We sold 4 homes this past week, the market has been on fire! While working with one of my clients looking for a home in Fishers, Indiana in the middle of March 2013, in the mid $200,000 range, I ran into homes selling left and right, homes in multiple offers, and every home I showed there were multiple parties looking at it. I was able to secure a home for my client which they love, but we had to get in the first few days on the market and make a really good offer to get it!
The market has drastically shifted due to a few factors. One it seems many people are still waiting to see if prices rebound more or until it warms up to sell their home. This has caused a short supply of homes on the market. Second, there is a huge amount of homebuyers coming into the market due to low interest rates(under 4% some getting under 3%!). With this happening on the Northside it is becoming harder to find the right home making even more important for a buyer to higher a top Realtor who knows the market and knows homes not on market or coming on the market. The top agents such as my group will know how to get you in the home fast when it hits the market and know how to write and negotiate the right offer to get you your dream home! For sellers this means they have more control then they have in the past 6 or so years. They can demand a slightly higher price in many areas and do not have to negotiate as much. If you are looking to sell your home, now is a great time as when supply is low it becomes a sellers market, meaning seller has an advantage!
Call Andrew Neal, Remax The Andrew Neal Group, 317-371-8133 or email me at [email protected] if you are considering buying or selling in Fishers, Carmel, or Northside Indy and I would be happy to advise and help you in what you should do in this new market!