<?xml version="1.0"?><rss version="2.0"><channel><title>Mike Watkins' Blog</title><link>http://www.findindyhomes.com/blog</link><description>Greenwood IN real estate market news provided by Mike Watkins Real Estate Group</description><lastBuildDate>Tue, 05 May 2009 10:28:00 GMT</lastBuildDate><item><title>Business Is Up!</title><description><![CDATA[<p>Let me start out by stating that when the tax credits ended we kept selling homes in May. We did see a dramatic drop in June which we expected but not the severity to which it happened. However with all of that being said, we are very busy again. We are seeing buyers back out and who can blame them. I saw a FHA, 30 year loan last week at 4.375% with zero points....That is unbelievable!</p>
<p>We are 2/3rds of a lender's business at this point and our views on our listed homes are up 2200 views over last month. We wrote 5 offers yesterday and listed 1.&nbsp;We are blessed to be busy but working hard. We put a few marketing things in place that seem to be really paying off.</p>
<p>Until next time...enjoy the last 2 weeks of summer before the kids start school!</p>]]></description><link>http://www.findindyhomes.com/Blog/Business-Is-Up</link><guid>http://www.findindyhomes.com/Blog/Business-Is-Up</guid><pubDate>Tue, 27 Jul 2010 08:59:00 GMT</pubDate></item><item><title>Rates</title><description><![CDATA[<p>The news is not doing the housing market interest rates any justice. The general public should know, "Yes, the tax credits are over but the rate hasn't been this good since 1971." FHA- 30 year rates are running around 4.75% and they are even lower for 15 year mortgages. If you are thinking about buying or refinancing...NOW IS THE TIME!</p>]]></description><link>http://www.findindyhomes.com/Blog/Rates</link><guid>http://www.findindyhomes.com/Blog/Rates</guid><pubDate>Tue, 13 Jul 2010 13:33:00 GMT</pubDate></item><item><title>Short and Sweet</title><description><![CDATA[<p>I don't have much time to blog because we are trying to get houses sold and closed. We sold 55 houses in 60 days and each on is a fight to get to closing but we are plugging away. The market was hot with the tax credits ending April 30th and now we are still selling houses but the market has slowed just a little because of the back log. We need the warm weather to come back out and the rates to stay low. I had a buyer lock in yesterday at 4.75% for an FHA loan! If you are looking to buy, sell or build- NOW IS THE TIME!</p>]]></description><link>http://www.findindyhomes.com/Blog/Short-and-Sweet-2</link><guid>http://www.findindyhomes.com/Blog/Short-and-Sweet-2</guid><pubDate>Tue, 18 May 2010 09:05:00 GMT</pubDate></item><item><title>The Tax Credit Is Over</title><description><![CDATA[<p>The tax stimulus credit has come and gone! We saw a huge surge towards the end of April and sold 28 houses. The market is moving along and we should see sales continue for the next month. The seller's that received offers at the end of April now need to buy in May. We are hard at work and working long hours to get homes listed and sold.</p>]]></description><link>http://www.findindyhomes.com/Blog/The-Tax-Credit-Is-Over</link><guid>http://www.findindyhomes.com/Blog/The-Tax-Credit-Is-Over</guid><pubDate>Mon, 03 May 2010 09:38:00 GMT</pubDate></item><item><title>Thank You</title><description><![CDATA[<p>We just got this in and it made my day!</p>
<p>Dear Mike, Bob, Chris, Dale and all of the "Mike Sold Me" Team,</p>
<p>Thank you so much for all your time, effort and hard work everyone did to sell and purchase my homes.</p>
<p>In our initial conversation, Mike told me "no one will work harder to sell my home than the Mike Watkins Real Estate Group." He was right! You do work hard and you are also honest, ethical, professional and thorough down to the last detail. You know the business, the markets and your customers. Best of all, you enjoy what you do and have fun!</p>
<p>Everything went perfectly! You far exceeded my expectations. You are way beyond good- you are excellent! I am very pleased I chose the "Mike Sold Me" Team&nbsp; to represent me and will definitely recommend you to others without any hesitation.</p>
<p>Best wishes for continued success and my sincere thanks!</p>
<p>Elaine D.</p>]]></description><link>http://www.findindyhomes.com/Blog/Thank-You</link><guid>http://www.findindyhomes.com/Blog/Thank-You</guid><pubDate>Tue, 06 Apr 2010 08:24:00 GMT</pubDate></item><item><title>Home Sales on the Rise</title><description><![CDATA[<p>February home sales are up 26.6% with 1,993 homes pended compared to 1,574 in February 2009. Johnson County is up 38.5% increase and Marion County is up 37.8%.</p>
<p>With the weather finally changing we are seeing March picking up. The $8,000 first time buyer incentive and the $6,500 seller incentives are ending April 30th. Time is of the essence!</p>]]></description><link>http://www.findindyhomes.com/Blog/Home-Sales-on-the-Rise-2</link><guid>http://www.findindyhomes.com/Blog/Home-Sales-on-the-Rise-2</guid><pubDate>Mon, 15 Mar 2010 10:26:00 GMT</pubDate></item><item><title>Snow, Snow Go Away!</title><description><![CDATA[<p>Sorry it has been a while since my last post. We need the snow to go away and bring in spring. I know that is wishful thinking with it still being February. We started January out with a bang and February has slowed a little, but who would of thought that we would have the Colts in the Super Bowl, record snow fall and the Olympics all going on in one month.</p>
<p>We are in the process of putting some new marketing out on the street that we feel is dynamite and will get our listings more exposure. We continue to work hard and put in the hours...we are ready for Spring!</p>]]></description><link>http://www.findindyhomes.com/Blog/Snow-Snow-Go-Away</link><guid>http://www.findindyhomes.com/Blog/Snow-Snow-Go-Away</guid><pubDate>Tue, 23 Feb 2010 09:52:00 GMT</pubDate></item><item><title>Snow</title><description><![CDATA[<p>We had a good start to the 2010 year and just sold 6 houses in 1 day. The market has slowed down some due to the Super Bowl and the snow that seems to never end. Don't forget that the tax credits end at the end of April!</p>]]></description><link>http://www.findindyhomes.com/Blog/Snow</link><guid>http://www.findindyhomes.com/Blog/Snow</guid><pubDate>Wed, 10 Feb 2010 10:19:00 GMT</pubDate></item><item><title>2010</title><description><![CDATA[<p>2009- What a year! We came back like the Colts in a tight game. After the market crashed in October of 2008, we completely re-tooled our operation and just hunkered down and went after it!</p>
<p>All of our new marketing, door knocking and 12 hour days paid off! We finished the year up 6 million in sales over 2008. Our volume was up over 42 sales even though our average sales price was a little lower.</p>
<p>We also listed 207 homes which was down a little from 2008 but we turned down a lot of listings that we did not feel good about...either they owed more than we could sell them for or were not in good enough condition for a buyer to get a loan.</p>
<p>2010- Our motto for the new year is "Let's do it again in 2010!" Our outlook is one of guarded optimism. We have two tax stimulus packages working at the same time- the first time in history. This should stimulate the market through Spring. However, we need to see&nbsp;unemployment drop and people will spend money.</p>
<p>It is great to see restraunts busy and people talking optimistically. One of the best sayings I heard late in 2009 was from a restraunt server (working his second job) who said, "I'm not sure I'm any better off than last year, but I just feel better about things."</p>
<p>So, we had a very very good 2009 and are excited about 2010..."WE JUST FEEL BETTER ABOUT THINGS!"</p>]]></description><link>http://www.findindyhomes.com/Blog/2010</link><guid>http://www.findindyhomes.com/Blog/2010</guid><pubDate>Tue, 05 Jan 2010 04:00:00 GMT</pubDate></item><item><title>Housing is up 21%</title><description><![CDATA[<p>I am sorry it has been a while since I have posted anything in the blog. We continue to be busy and have shattered our expectations for this year. Needless to say, it has been a good year with a lot of hard work and long hours.</p>
<p>If you are a homeowner that has owned a house 5 of the last 8 years and are thinking about moving....DO IT NOW! You can be eligible for the $6,500.00 tax credit. House sales are up by 21% over the same time last year, according to the Indiana Association of Realtors. There is only a 7 month supply on the market which is much lower than reported in the past and rates are currently running 4.75%-4.875% with ZERO points. If you are thinking about selling, don't wait until the spring. Right now you have $6,500.00, less competition and great rates stimulating the market.</p>
<p>First time buyers- the $8,000.00 tax credit does end in June but all purchase agreements must be accepted by the end of April. Please get started now so you are not rushed and you have the time and opportunity to find the right house.</p>]]></description><link>http://www.findindyhomes.com/Blog/Housing-is-up-21</link><guid>http://www.findindyhomes.com/Blog/Housing-is-up-21</guid><pubDate>Tue, 01 Dec 2009 04:00:00 GMT</pubDate></item><item><title>Abbey Road</title><description><![CDATA[<p>ABBEY ROAD- A safe secure fun place to live. When the developers looked at the small rolling piece on South Arlington Avenue near the Marion, Johnson County line. Their vision was to develop it into a small custom gated community where safety, fun and no hassle living could be enjoyed. The safety issue was addressed with the Southside's first gated neighborhood. The fun was encouraged with the custom clubhouse with a plasma screen, kitchen, guest quarters and work out facility. No hassle living was addressed with yard maintenance and snow removal being paid in the association fees.</p>
<p>Inquire today about below market 2.99% interest rates, home trade-in program, bringing your own builder, and other exciting points of interst.</p>]]></description><link>http://www.findindyhomes.com/Blog/Abbey-Road</link><guid>http://www.findindyhomes.com/Blog/Abbey-Road</guid><pubDate>Tue, 06 Oct 2009 03:00:00 GMT</pubDate></item><item><title>40 Homes Sold In August!</title><description><![CDATA[<p>I am sorry that I have not stayed on top of this Blog like I would like but we have been very busy. I was quoted in the <span style="text-decoration: underline;">Daily Journal</span> newspaper yesterday as to the condition of the market since it is up. The $8,000 tax credit is ending Dec. 1, 2009 and if you plan on taking advantage of the credit...you need to start the buying process today. We sold 40 homes last month, listed 27 and closed 23. In a good market we would close 30 homes and we blew past that number last month.</p>]]></description><link>http://www.findindyhomes.com/Blog/40-Homes-Sold-In-August</link><guid>http://www.findindyhomes.com/Blog/40-Homes-Sold-In-August</guid><pubDate>Tue, 15 Sep 2009 03:00:00 GMT</pubDate></item><item><title>Impact Of The $8,000 Tax Credit</title><description><![CDATA[<p>Despite what some people believe, the $8,000 tax credit for first time buyers or for someone who hasn't owned a home in the past three years is stimulating our local economy. From March 1, 2009 through August 18, 2009 we have sold 146 homes and prices have ranged from $26,000 to $700,000. Only buyers who have closed on their new home by Dec. 1, 2009 will be eligible for the tax credit.</p>]]></description><link>http://www.findindyhomes.com/Blog/Impact-Of-The-8000-Tax-Credit</link><guid>http://www.findindyhomes.com/Blog/Impact-Of-The-8000-Tax-Credit</guid><pubDate>Tue, 18 Aug 2009 03:00:00 GMT</pubDate></item><item><title>Information about short sales</title><description><![CDATA[<p>I have received a few questions lately about "short sales" and/or a "deed-in-lieu." These circumstances are almost the same thing as a foreclosure and will have the same impact on your credit score.&nbsp;Sometimes we have been really creative in helping seller's sell a home before their credit is completely tarnished. If you are being faced with this situation, call us early rather than later.</p>]]></description><link>http://www.findindyhomes.com/Blog/Information-about-short-sales</link><guid>http://www.findindyhomes.com/Blog/Information-about-short-sales</guid><pubDate>Tue, 04 Aug 2009 03:00:00 GMT</pubDate></item><item><title>Southside Market</title><description><![CDATA[<p>The Southside home market is getting better and we are starting to see the homes beyond the first time home buyers sell. So the stimulus package is working!</p>
<p>The first time buyers dominoed the market up- when they bought- those sellers to then bought up and on and on.</p>
<p>First time buyers need to buy now- realizing the stimulus runs out December 1, 2009. They should count on purchasing before October 1st, 2009 so they can be closed by the deadline.</p>
<p>Rates are low- below 6%, gas is down, construction costs are down, banks are dealing on lots- great time to build a new home!</p>
<p>Now is the time to buy or build!</p>]]></description><link>http://www.findindyhomes.com/Blog/Southside-Market</link><guid>http://www.findindyhomes.com/Blog/Southside-Market</guid><pubDate>Tue, 21 Jul 2009 13:38:00 GMT</pubDate></item><item><title>Great June</title><description><![CDATA[<p>We were closed Friday, Saturday and Sunday for the holiday weekend. Myself and the team had a much needed break. We closed 34 homes in June and listed 20 homes. We are still plugging away and selling homes.&nbsp;The market is still hot and I think you will see more first time buyers in the market as the December 1st deadline approaches for the stimulus money.</p>]]></description><link>http://www.findindyhomes.com/Blog/Great-June</link><guid>http://www.findindyhomes.com/Blog/Great-June</guid><pubDate>Tue, 07 Jul 2009 09:41:00 GMT</pubDate></item><item><title>Short Sale</title><description><![CDATA[<p>IS BUYING A SHORT SALE WORTH IT?</p>
<p>Buying a short sale can turn out to be a good investment but there are a few things you should know before submitting an offer. First, you must be in a situation where you have plenty of time to wait for a response, banks/lenders will respond on their own time. Often times it takes several weeks to get a response and it can be even longer if there is more than one lien holder involved. Secon, banks/lenders will not even consider an offer if it is contingent upon selling a home. Third, a buyer must be prepared to buy the home as-is. In most cases, sellers don't have money for repairs and thus it will become the responsibility of the new owner. Lastly, at the end of the day the bank/lender has the final say. They can always turn down the short sale request even though you waited for an answer.</p>]]></description><link>http://www.findindyhomes.com/Blog/Short-Sale</link><guid>http://www.findindyhomes.com/Blog/Short-Sale</guid><pubDate>Tue, 23 Jun 2009 08:55:00 GMT</pubDate></item><item><title>May</title><description><![CDATA[<p>May was a great month for us but a lot of hard work. We sold 35 homes in May and closed 16. We had 30 homes set to close in May but half of them have pushed into June. The banks and the new nation wide appraisal firms are behind. They have limited staff for the volume of business they are doing with new home sales and refinances. The good news is that the housing market for our area is on the move!</p>]]></description><link>http://www.findindyhomes.com/Blog/May</link><guid>http://www.findindyhomes.com/Blog/May</guid><pubDate>Mon, 01 Jun 2009 09:35:00 GMT</pubDate></item><item><title>Spring</title><description><![CDATA[<p>Are you thinking of selling? Now is the perfect time to get your home on the market. Many of the south side neighborhoods are gearing up for their annual community garage sales. Not only is it a great way to de-clutter your home, but just think of how many people will drive by your home during the community sale. Check with your neighbors and your home owner's association about your community garage sale!</p>]]></description><link>http://www.findindyhomes.com/Blog/Spring</link><guid>http://www.findindyhomes.com/Blog/Spring</guid><pubDate>Wed, 13 May 2009 09:15:00 GMT</pubDate></item><item><title>Market Is HOT!</title><description><![CDATA[<p>Sorry I didn't get a chance to post last week! We haves sold 50 houses in the last 61 days and listed 46. We are currently working 7 offers, trying to get 6 buyers out today and list another 3. The one thing I can tell you...we are moving houses. All price ranges are selling as well. Until next week, do something great and have a profound and lasting impact on someone.</p>]]></description><link>http://www.findindyhomes.com/Blog/Market-Is-HOT</link><guid>http://www.findindyhomes.com/Blog/Market-Is-HOT</guid><pubDate>Tue, 05 May 2009 10:28:00 GMT</pubDate></item></channel></rss>