Indianapolis ranks 5th in nation for rent price increase
Posted by Rob Newkirk on May 18, 2012 in Blog | 0 comments
The volatility of the real estate market in recent years has had a lingering effect on housing prices, available inventory, and the ratio of home buyers to renters. Nationally, housing prices are starting to rise, particularly in large metropolitan areas. A contributing factor is job growth, which has resulted in an increase...
Single-Family Housing Starts Powers Ahead
Posted by Rob Newkirk on May 17, 2012 in Blog | 0 comments
The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month last month. In April, on a seasonally-adjusted,...
Homebuilder Confidence Moves To 5-Year High
Posted by Rob Newkirk on May 16, 2012 in Blog | 0 comments
After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month basis in 10 years, and raises the index to a 5-year high. The Housing Market Index is scored from 1-100....
Mortgage Rates Make New All-Time Lows (Again)
Posted by Rob Newkirk on May 11, 2012 in Blog | 0 comments
Conforming mortgage rates continue to drop. For the second straight week, the 30-year fixed rate mortgage fell to a new, all-time low nationwide. According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate dropped 1 basis point to 3.83% this week for borrowers willing to pay 0.7...
Miller House and Garden | IMA
Posted by Rob Newkirk on May 11, 2012 in Blog | 0 comments
The Indianapolis Museum of Art ranks among the most prestigious museums in the United States. The IMA showcases expansive collections of art from across the globe. Visitors can experience art and culture in the form of paintings, sculpture, furniture, design objects, photographs and textiles. In addition, the IMA offers the...
8-Fold Increase In “Improving Markets” Since September
Posted by Newkirk Realty on May 10, 2012 in Blog | 0 comments
The economic recovery continues nationwide, but the recovery’s an uneven one. Some metropolitan areas are faring very well this year, posting measurable gains in both employment and housing. Other metropolitan areas, by contrast, are struggling. To help identify those markets in which growth is occurring, the National...
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