Southside Housing Alliance

“… Average sales price increased by 2% while median price rose by 4%…In total, these data sets are intended to be a snapshot of the market…”

“…Experts suggest that the combination of the reduction in inventory of homes, the exposure on the Internet touting Indianapolis as a very affordable place to live and the extension of the Federal Housing Tax Credit will hopefully spur more residential sales…”

“… rates at all time lows, … the most affordable housing in the US and you can get up to an $8,000 tax credit … You tell us, is there a better time to buy?…”

“…We also want those current homeowners who have been in their homes for five of the last eight years, to know that they too can benefit from the tax and that they can receive up to $6,500 for purchasing a home by April 30, 2009…”

Indianapolis area home sales surged 23% when compared to the same period last year.  According to new monthly data compiled by a large real estate organization in Indiana, 2199 homes sold in October 2009 versus 1781 sold during the same month last year. Home sales

“… recently enacted extension of Obama’s tax credit program provides another outstanding opportunity for home buyers…”

“…home resales rose in September to the highest level in more than two years.

“…It has been 18 years, according to the National Association of Home Builders, since housing was as “affordable” as it is now…

“If you are a parent with children 18 years or older, and they qualify for FHA Financing, you are eligible to help them buy their first home…”

 According to an article on DSNews.com, last week’s report from the Federal Housing Finance Agency cited a .3% rise in home prices for the month of July.

The index’s rise “supports other evidence that the three-year long decline in prices has come to halt,” Paul Dales, an economist with Capital Economics, wrote in a note to [...]

#1 – Mortgage rates are at a 62 year low!

Mortgage rates haven’t been this low in 62 years. Rates are around 5% on a 30-year fixed mortgage. Mortgage money IS available and no one knows how long rates will stay this low. By the time you realize rates are going up, you will have missed your opportunity.

Visit msnbc.com for Breaking News, World News, and News about the Economy

This video gives a general overview of the argument between renting and buying but there is more to it than that. The video is for the national news so it is vague in many respects as to be relevant to most real estate markets; [...]

Have you seen our signs “Time Is Running Out For the $8,000 Tax Credit” around the Southside of Indianapolis? Do you want to know more about the $8,000 Tax Credit? Can you or someone you know benefit from the First-time Homebuyer Incentive before its too late? When should you start looking for a home if you want to take advantage of the tax credit? This article contains the answers to these questions and more.

“… New home sales in the United States have risen in June by the largest amount in more than eight years. This news is another sign the housing market is finally bouncing back…”

“… We’re seeing some stabilization in the housing market. People are starting to take a breath and they are buying houses again. Pending home sales in the nine-county metro area were down just 1.4 percent last month compared with a year ago, which would be by far the smallest monthly drop in existing home sales this year. There are a number of indicators that tell us the Central Indiana housing market continues to get healthier …”