Indianapolis has long been known as an affordable market. That designation is generally arrived at when housing analysts and economists compare the median income of a region to the median housing price. The higher percentage of people who earn the median income – thus able to afford the median price – the more affordable an area is. It’s ...more »
The following Case Study was produced by the Professional Standards Committee of the National Association of REALTORS® Adopted Case #23-2 November, 1992. Transferred to Article 15 November,1994. Revised November, 2001. Following a round of golf early one morning, Homeowner A approached Realtor® X. “We’ve outgrown our home and I want ...more »
Did you know that in Indiana there have been 124 lawsuits filed by patent trolls? It’s time we stopped this abuse and closed the legal loopholes that patent trolls thrive on. Stand up for Indiana REALTORS® and tell your Representative to support H.R. 9 – The Innovation Act! Click here for the Call to Action you can send your Representative ...more »
REALTORS® RELEASE CENTRAL INDIANA AND STATEWIDE HOUSING DATA MIBOR and IAR report shows increases in new listings, pending sales, and closed sales INDIANAPOLIS — Data issued today by the Metropolitan Indianapolis Board of REALTORS® (MIBOR) for June 2015 shows continued increases in pending sales, closed sales, and pricing. Activity ...more »
If you have attended a Matrix™ training, you have probably walked away with a “Welcome to Matrix” document that was designed for you to keep for easy reference. This piece has been revised. It clearly outlines how to search using wildcards and how to search via the Speedbar. Click here to access.
Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 - The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. It is critical that you urge your Member of Congress to support this important legislation. Contact your Member of Congress to Stop Patent ...more »
It’s common for a first-time homebuyer to be overwhelmed when it comes to real estate industry jargon. REALTORS® can help translate! To start, here is a list of 19 common terms used during the home buying process. Click here to read more.
REALTOR® A, a listing broker, obtained a signed offer to purchase, together with Buyer C’s check for $5,000 as an earnest money deposit. Buyer C’s offer was subject to the sale of his current residence. REALTOR® A presented the offer to Seller B who accepted it. REALTOR® A then inadvertently deposited the earnest money check in his ...more »
Housing data released by MIBOR this week shows an increase in pending and closed sales for May; increases that represent a slowing from the double digit increases we experienced in the early spring months. Pending sales are up 9.3 percent in May and 10.8 for the three months ending in May. Closed sales increased 4.2 percent in May and 9.7 for the quarter....more »
If you are searching in Matrix™ and find that you are getting different search results than you are in Tempo or Fusion™, you most likely are not using the “wildcards” in your search. One of the most important “wildcard” search functions is the asterisk (*). A very common mistake that is being made is not using the ...more »