Encore Sotheby's International Realty breaks the top ten in IBJ's Fastest Growing Companies List: We are honored to share this recent recognition as Indianapolis' 9th Fastest Growing Company. It is with the dedication of Realtors, staff, and the power of the Sotheby's International Brand that this exponential growth was achieved. We are extremely grateful to all that have helped us along the way and as we approach our 5 year anniversary we are thrilled with this growth and these achievements.
MIBOR's May data reveals stable pricing and slow growth: Much is often made of the stats and figures detailing the housing industry. This week's report states a 4.1% increase in average sales price for the quarter across the entire market. More locally, Hamilton County saw a 3.5% increase in median sales price, Boone County saw a 40.7% increase in median sales price and Marion County saw a 2.3% decrease in median sales price. What does this mean for your home value? Call us and we'll help you determine what all of these stats mean for you.
COMING SOON, Is it in the Seller's best interest: Our always savvy and ever changing local Realtor board, MIBOR, took up this issue recently and adjusted its regulations regarding the "coming soon" or "pocket listing." The board has tightened up its rules to decrease the time, now only 48 hours, in which a home may be marketed by a Realtor prior to its inclusion in the BLC and available for all Realtors to review online. This is all in an effort to garner the seller the highest possible price for their listing.
For more information on any of these headlines, please contact us. We'd be happy to review with you the current market data!
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