Southside Housing Alliance

“… At least part of the success with Johnson County’s June home sales can be attributed to the Southside Housing Alliance…” from a recent article in the Daily Journal

“… Johnson County had a nearly 15 percent increase in home sales in June compared to the same month last year. And homes in the county were selling, on average, for a couple of thousand dollars more than the central Indiana average sales price. I think this is a sign that we’ve reached the bottom and we’re starting to come back up the other side …”

“…Q: Since home prices in my neighborhood have become more affordable, I would like to stop renting and buy a home. I can afford a monthly mortgage payment, but I don’t have the cash for a big down payment. Are there any home loans available that don’t require a lot of money up front? A: Yes! Even as low as 3.5% of the loan’s value.”

” … The REALTORS’ index of pending sales contracts was 3.2 % above last year’s levels and has risen for three straight months …”

” … in five of the nine central Indiana counties the average asking price for homes increased. Overall the MSA average asking price in April 2009 increased 4% versus April 2008… “

” . . . The inventory of homes on the market fell 17% in the Indianapolis MSA according to data compiled in mid-May by RE/MAX of Indiana. This is another positive sign for the residential sector. . .”

…”For the 15th consecutive quarter, Indianapolis led the nation’s large cities… in home affordability. The Indiana capital tops the list due to very reasonable home prices and relatively high median income…”

“… With less demand for new homes, lumber prices are at their lowest in 30 years. Vendors and suppliers are being very competitive, resulting in lower cost to the builder …”

“… Indianapolis was just ranked as the most affordable major housing market in the country for the 14th consecutive time …”

“… From February to March 2009 the number of homes SOLD rose 25% and the number of homes under contract rose 39% …”

“… You can buy more home today because of a great inventory of affordable homes and historically-low interest rates …”

“… 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 …”

“… This is real money you don’t have to repay and you can get the money quickly by filing an amended 2008 tax return by October 15th… “

“… You can still buy a home with no money down if you have VA benefits… “

” … The first in a series of eight articles designed to inform and educate the basic benefits of investing in real estate now… “