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Q1 Foreclosure Report Reveals Decreased Foreclosure Activity

 
 
INDUSTRY
INSIDER
   
Industry Insider is a publication distributed by MIBOR every other Friday to Managing Brokers. 


 
 
 
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Q1 Foreclosure Report Reveals Decreased Foreclosure Activity
 
  Foreclosure data compiled for the MIBOR service area for January through March 2015 shows that the current number of foreclosure listings represents an 8.5 percent market share of all listing activity in central Indiana. This is down from a 9.9 percent share in Q1 2014 and down from 14.9 percent in the same time period of 2013.

The majority of foreclosure sales continue to be in the $120,000 and below price range. The current median sales price of a foreclosure sale is $66,000 up 10 percent from one year ago. This compares to the current median sales price of $145,900 for a traditionally listed property.
 
The quarterly report released by MIBOR details inventory by county and price point. Click here to download. 
 
   
   
 
 
 
 
 
 
 
 
 
     
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  RPR® Email Details Account Instructions
All BLC® Subscribers received an email from REALTORS® Property Resource (RPR®) about the creation of their RPR® account. Now that MIBOR BLC® data is integrated into RPR®, each subscriber has been automatically given an account. There is no additional charge. Look for the email from sender REALTORS® Property Resource for instructions about how to update your password and access your account.

Full Menu of Matrix™ Trainings Available in May
Classes are open and registration is free! Click on the link below for a flier to help you remember the dates. Take a look and then register today at www.mibor.com/matrix. Click here for flier.
 
         
  QUICK STAT  
  The MIBOR Dashboard has been rebranded to MIBOR Snapshot. It still provides high level market data to you in an instant. Click here view.   
         
  OTHER NEWS      
  RPAC Endorses Primary Candidates  
  The MIBOR RPAC Trustees have been spending time this year interviewing political candidates running for elected office. In fact, the RPAC Trustees have spent over 20 hours interviewing mayoral, town/city council candidates, in addition to reviewing their candidate profiles and questionnaires. Following the February 6th filing deadline, the Trustees sent out 142 questionnaires to candidates running for office in the 11 county area and 62 completed questionnaires were returned – 44 percent. Countless voluntary hours have been spent by the Trustees to ensure that your RPAC dollars go toward REALTOR® friendly candidates. More  
     
  Grand Prix Ticket Auction!  
  We’re kick starting the upcoming REALTOR® Foundation Feed the Fight event with a special silent auction to get your engines revving! Bidding is now open for a pair of Penthouse Grand Prix tickets at the Indianapolis Motor Speedway on Saturday May 9, 2015. Click here to bid now!   
     
  Good Neighbor Deadline is May 15  
  The deadline to nominate a member for REALTOR® Magazine's Good Neighbor Awards is May 15. Winners receive a $10,000 grant to help the charity of their choice and will be recognized at the 2015 NAR Annual Meeting & Expo in November.  
     
  CALENDAR      
  All Month: Meeting Dates and Topic for MIBOR Division meetings. MORE  
  May 5th: Primary Election Day  MORE  
  Ongoing: Matrix™ Trainings. MORE  
  Ongoing: Online Calendar of Events. MORE  
  June 26th: REALTOR® Foundation Feed the Fight  MORE  
 
 
2015 Metropolitan Indianapolis Board of REALTORS®
1912 N. Meridian St., Indianapolis, IN 46202
317­-956­-1912 
www.mibor.com
 
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