This Week's Real Estate Headlines

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!

Weekend Round-Up: June 20-22

                We all need a good laugh after this long work week! Head to the 700 block of North Park, The Mass Ave Arts and Theatre District, for just that. It’s the 19^th annual Brew-Ha-Ha! Enjoy unlimited beer samples from over 50 of the best local and national craft breweries, live music from local bands, and food from local food vendors. The fun starts this Saturday from 3:00p.m. -7:00 p.m. This outdoor block party is sure to be a blast!

                Come get covered in paint this Saturday at the Neon Run! This 5k is no ordinary 5k. Starting at 7:00p.m. and going through the night, they will cover you in bight neon colors as you run. After the 5k is the After Dash Bash, filled with performers, music, food, drinks, and tons of Ultra Violet Backlight! Every participant becomes part of the show as they blink and glow the night away in this one of a kind 5k extravaganza.

                Join the IMA for their annual Summer Solstice Celebration and Free Outdoor Concert on Saturday in the Virginia B. Fairbanks Art and Nature Park. Enjoy food and drinks from Sun King Brewery and local food trucks. Enjoy great company in this 100 acres park where nature and creativity come together. The fun starts at 6:30 p.m.

                Relax and enjoy the Indianapolis Symphony this weekend at Symphony on the Prairie, Friday and Saturday at 8:00, as they present Gershwin’s Rhapsody in Blue. This all-American classic is sure to move you and help you enjoy this kick-off to summer.

Featured Listing: 12077 Proper Pass

Once in a great while, a home becomes available where every detail comes together in perfect harmony. The time and opportunity are here with this Joe Logan masterpiece on the 12th tee of the Hawthornes. The high end finishes pair perfectly with color and space. The homes welcomes you with a large open living room that opens graciously to the kitchen and grand great room. Also on the main floor is the spacious dining room with seating for 8, perfect for entertaining.  Gorgeous archways are beautifully placed throughout the home. The finished lower level boasts a wet bar, media room, open sitting area, a wine cellar, and basketball court ideal for any Hoosier. Throughout the house you can find not one, but four cozy fireplaces accenting stunning spaces. The spacious master suite includes a magnificent walk-in closet and master bathroom with garden tub and gorgeous shower. Witness a rare opportunity where style, design and finish were completed eloquently. For more information, please visit our website.

Weekend Roundup June 13-15

After all the rain this week it’s time to get out and enjoy the weekend. Stop by the Indianapolis Zoo on Friday from 7-midnight for the Zoobilation! This party helps raise money for the Indianapolis Zoo’s newest member, the orangutans. Orangutans are going extinct and they need your help. Enjoy live music and food from all over the city to save the apes in black tie fashion.

Check out everyone’s favorite 90’s band at the Old National Centre this Saturday, The Presidents of the UnitedStates. They will be performing with Kris Orlowski and Charlie Patton’s War. I am sure they will play favorites such as Peaches!

90’s bands not your thing but still want a concert? Then Check out 99.5 WZPL’s Birthday Bash at the Fairgrounds this Friday. Performers include Jason Derulo, Austin Mahone, Icona Pop and more. The show begins at 7:00 and it is sure to be a blast!

 The Indianapolis Symphony Orchestra, Dance Kaleidoscope and Clowes Memorial Hall present the fully-staged version of Maurice Ravel’s ballet Daphnis et Chloé. This is considered one of the best ballets ever written. The show is on Friday and Saturday at 8:00 p.m. Grab your tickets now and enjoy your weekend!