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Are You Interested In Buying A Home? Here Is The Latest In Home Sales And Interest Rates…
Are you interested in buying a home? Read below for the very latest in home sales and interest rates that I received in my email compliments of Wells Fargo. We always recommend for our clients to seek the counsel of a local lender. You are able to talk with them directly, go into their office, and they are on your same time zone. At the closing table things go much smoother if your lender in on your same time zone!
New home sales rose to 512,000 units at a seasonally adjusted annual rate in February 2016, up 2.0% over January. That compares to an average sales pace of almost 395,000 units annually during the previous six years, and a rate of just over 900,000 units between 2000 and 2009.
The median price of new homes sold in February was $301,400, a 2.6% gain over the median price in February 2015.
Existing home sales dropped 7.1% in February to an annualized sales pace of 5.08 million units. That’s below 2015’s sales rate of 5.23 million units. By comparison, the annual sales rate averaged almost 5.6 million units during 2000-09, and just over 4.7 million units over the last six years.
The median price of existing homes sold in February was $210,800, a 4.4% gain over the median price in February 2015.
The Consumer Price Index dropped 0.2 % in February, but the CPI less food and energy – known as the core CPI – rose 0.3% for the second consecutive month. That’s the biggest two-month increase in the core CPI in almost ten years. Since February 2015, the CPI is up 1.0% while the core CPI is up 2.3%.
The net worth of US households grew by 3.1% in 2015, a slowdown from the 6.0% gain posted over 2014.
Owners’ equity in real estate rose 10.2% in 2015 , decelerating from 2014’s 10.7% gain. As a percentage of real estate owned, owners’ equity stands at 56.9%, the highest share since mid-2006. Its recessionary low of 37.1% came in early 2009.
Industrial production dropped 0.5% in February. The index, which measures output at the nation’s factories, mines, and electric and gas utilities, has increased in only two of the past 14 months.
The average rate on 30-year fixed-rate mortgages in Freddie Mac’s survey was 3.71% during the week ending March 24, down two basis points from the previous week. The February average of 3.66% was 21 basis points below January’s 3.87% average. All rates quoted have fees and points averaging 0.5% to 0.6% of the loan amount.
Here’s to your good life and a happy experience as you sell you house and buy your next home!
Century 21 Agent Elisabeth Lugar works a part of the Lugar Team at Century 21 Scheetz providing local expertise to help people buy, build, sell, and relocate in the Greater Indianapolis Area. Her team has been voted a Pinnacle Quality Service Team by her clients and is a Master Team at Century 21 Scheetz.
Elisabeth Lugar, Broker-REALTOR / Relocation Specialist, Lugar Team at Century 21 Scheetz, 4929 E. 96th Street, Indianapolis, IN 46240, 317-995-1128 cellular; 317-572-5033 office
*pictures of homes for sale in Fishers, Indiana
Homes In Geist Elementary With A Basement: Fishers, IN
We received a request for homes in Geist Elementary with a Basement under $325,000. Jack Lugar gives the housing update. Call the Lugar Team at 317-572-5033 to help you reach your real estate goals. Click here to see and hear the update!
Now Accepting Back Up Offers In Avalon Of Fishers
Located in Avalon of Fishers at 12916 Oxbridge Pl, Fishers, IN 46037
Relax at The Enclave & enjoy this spacious 2 bdrm w/office & 2 full bath home in low maintenance community. Featuring an open floorplan, this is a great home for entertaining with a classy kitchen w/wrap around Corian countertop/brkfast bar. Notice the attention to detail and don’t miss the extra closet space throughout. Avalon offers a pool & playground and is close to schools, shopping, restaurants, hospitals.
Go north on Olio Rd from 126th St. Turn right on Avalon Blvd. At roundabout, take 3rd exit onto Avalon W Dr. Turn right on Oxbridge Pl. Home on left.
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@C21Scheetz.com
Call us today at 317-572-5033 if you would like to schedule a showing on this house.
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4 Bedroom Indianapolis Tri Home For Sale In Lawrence
Amazing 4 Bed 2.5 Bath TriLevel home w/o basement. New 50-year Architectural Roof, gutters, & all new paint interior & exterior. Remodeled Full Bath & Laundry Room on Main Level. Refinished wood flrs. New laminate flrs in ML Bedroom & Living Room. Large fam & din room w/ doors that lead to screened porch. Large LR w/ woodburning FP. Corner Lot in Quiet Neighborhood w/ large fully fenced yard. Storage Shed w/ electricity & dog run. No HOA. Brand New Washer & Refrigerator. All appliances included.
Gas heat. Water heater 2.5 years old. 2 sump pumps with battery backup. 3 window A/C Units included.
Located at 7012 Hawks Hill Rd, Indianapolis, IN 46236. Here is the link to the BLC on Mibor: http://matrix.miborblc.com/matrix/shared/PCRHY7jlJd/7012HawksHillRoad
Take Oaklandon Rd. to Old Orchard Dr. Veer to the right (Brandon St) and then left onto Meadow Ln. Follow until the T and home is on left.
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@C21Scheetz.com
Call us today at 317-572-5033 if you would like to schedule a showing on this house.
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Custom 4 Bedroom Home For Sale With Main Floor Master In Fishers, IN $500,000
Custom Built 4 Bedroom, 5 Bath Home with Main Floor Master. Gourmet Kitchen with Gas, Double Ovens and Stainless Steel Appliances. Formal Dining Room, Den, Breakfast Room with Morning Porch, Hearth Room and Laundry all on Main Floor. Perfect for entertaining. Tile, New Hardwoods and Paint throughout. Great Room with split staircase, vaulted ceiling, and woodburng Fireplace. Wonderful basement with entertainment room, pool, poker and exercise room. Large Deck, Front and Back Irrigation System, Dual Control Furnace & Whole House Sound. 3Car Side Load Garage. HSE Schools. Potential for Deeded Boat Dock.
Custom Built By Executive Homes. Professionally Landscaped Yard Extends Beyond the Trees in Back. Whole house sound in office & basement, prewired in kitchen & upstairs. Dual Sump w/ backup, water softener. There are docks still for sale that can be deeded to the lot. Rob Bussell at Marina Limited Partnership is the contact person.
Located at 10646 Key Court Fishers IN 46040 in Canal Place. Here is the link to the BLC on Mibor: http://matrix.miborblc.com/matrix/shared/5q2VktfwB/10646KeyCourt
From 116th and Olio, Go South on Olio to Entrance of Canal Place. Go Right on Waterway Blvd. to Key Ct. House is on the corner of Waterway Blvd. and Key Ct.
Jack Lugar and Elisabeth Lugar
The Lugar Team at C entury 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@C21Scheetz.com
Call us today at 317-572-5033 if you would like to schedule a showing on this house.
Making the dream of home ownership possible.
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Custom Brick Ranch Home For Sale In Fishers $474,900
Located in Fishers, IN (Hamilton County) this Custom Brick Ranch Home Has Over 5000 Finished Square Feet. 4 BR 5 BA Fully Fenced Home w/ Vaulted Ceilings, Hardwood, & Carpet. Open Floor Plan. Gourmet Kitchen with gas cooking and Stainless Steel Appliances. Master and Breakfast Room open onto a connecting veranda and professionally landscaped backyard.
Fully finished basement with wetbar, room for a wine cellar, home theatre (equipment & screen stay), Recreational Room, Bedroom, and full bath. Don’t miss extra storage room. This home has been professionally landscaped and the newer hot tub, pergola, gas firepit, & deck all stay. There is a 3 Car Side Load Garage with a built in kennel. Home is in a wonderful neighborhood with a greatneighborhood pool. Home has an Irrigation System and attends HSE Schools.
Pocket Doors in Laundry/Mudroom with storage bench and fold out ironing board. Dual Drawer Fishers & Paykel Dishwasher. Custom cabinetry.
Home Warranty is included.
Located at 10522 Milton Ct. in Fishers IN 46040 and listed for $485,000
Here is a link to the BLC: http://matrix.miborblc.com/matrix/shared/W88751QtT/10522MiltonCourt
Here is a link to the virtual tour: http://10522miltoncourt.c21.com/
Driving Directions: 116th Street to Olio Road, South Olio to 104th Street, East to entrance of Brooks Landing, 2nd Left onto Brookfield Dr., 1st Drive on Left. Home is on the corner of Milton Ct. and Brookfield Dr.
If you would like more information Call/email/ or text us at lugarteam@c21scheetz.com or 317-995-1128 or 317-572-5033.
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Now Accepting Backup Offers, 3 Bedroom Noblesville Home For Sale $139,900
Wonderful 3 BR Ranch Home. Beautiful landscaping & newer exterior paint greet you. Upon entering, you notice newer laminate flooring in entry & kitchen. Newer carpet throughout rest of house. Warm kitchen with all appliances included. Pass-through window to dining room open to the great room with soaring cathedral ceiling. Gorgeous screened porch with new french doors for enjoying warmer weather.Generous bedroom sizes. 2 full baths & low utilities. Washer & Dryer included.
Homeowners have started to pack. HSA Warranty included with $75 service call fee included.
Located at 11392 Pegasus Dr Noblesville IN 46060
Directions: From SR 37 go east on 146th St. Turn left on Promise Rd. and right on Spectacular Dr. At “T” turn left on Silvercharm then left on Lucky Dan. At War Emblem turn right and then left on Pegasus. Home on left.
If you would like more information Call/email/ or text us at lugarteam@c21scheetz.com, 317-995-1128 or 317-572-5033.
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@C21Scheetz.com
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3 Bedroom 2.5 Bath Home Is Available For Lease For $1300 Per Month. Attends Carmel Schools!
This lovely 3 Bedroom 2 1/2 Bath Home is available for lease for $1300 per month. Attends Carmel Schools! Min 12 month lease, 2 car side load garage! Newer carpet, laminate floors, roof, windows, and paint. Cathedral ceiling in Great Room. Private tree lined backyard. Master on the main level w/ private bath. Acclaimed Carmel Schools! Pets with approval. $250 p/pet. Smoking not restricted. Swingset doesn’t stay.
$650 security deposit, first and last months rent, you will need to filll out a rental application. Reach out to LugarTeam@C21Scheetz.com for the application or call 317-995-1128.
If you would like more information Call/email/ or text us at lugarteam@c21scheetz.com, 317-995-1128 or 317-572-5033.
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033
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Now Accepting Backup Offers. 3 Bedroom Fishers Home For $199,900
Wonderful 3 Bedroom Home with vaulted ceilings & exceptional backyard with lots of natural sunlight. Updated kitchen with stainless steel appliances, updated bathrooms,great interior scheme & outdoor patio. Newer roof, furnace, tile & hardwood floors. Fully fenced, Electricity runs to fountain iin the fully fenced backyard.
If you would like more information Call/email/ or text us at lugarteam@c21scheetz.com, 317-995-1128 or 317-572-5033.
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@C21Scheetz.com
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Just Sold! 4 Bedroom Fishers Home On 1.2 Acres. Call The Lugar Team At 317-572-5033 To Sell Your Home.
4 Bedroom Fishers Home for Sale on 1.2 Acres.
Over one acre of land in Fishers! This 4 bed + loft home has everything & more: Full brick wrap, 9′ ceilings on all 3 levels, new interior and exterior paint, new Shaw carpets, new stainless steel appliances, Sub Zero fridge, cherry cabinetry, teak flooring in bathrooms, swan stone in master bath, updated fixtures and hardware, solid wood doors, natural gas powered generator, garage access from basement, high efficiency mechanicals, back-up sump with alarms, and irrigation. This home has an amazing private backyard and is every nature lover’s dream – perfect for all ages! Home has full footprint basement that is unfinished and has a separate entrance into the garage. This home attends Hamilton Southeastern Schools and has a pool in the HOA.
Located at 10592 Madison Brooks Dr, Fishers, IN 46040-9421
$469,900 BLC 21347790 Check out the details here: http://matrix.miborblc.com/matrix/shared/5P3xtrxVr/10592MadisonBrooksDrive
Check out the virtual tour here: http://tour.vht.com/433227091/10592-madison-brooks-dr-fortville-in-46040/photos
Jack Lugar and Elisabeth Lugar
The Lugar Team at Century 21 Scheetz
Masters Team and Quality Service Producer
317-572-5033, LugarTeam@Century21Scheetz.
Making the dream of home ownership possible. Call us today with any questions!
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