Archive for Indianapolis Homes for Sale

Tax incentives, favorable buying climate propel first-time home purchases

Local buyers get first home at younger age and for a lower price – with less household income than national counterparts
Indianapolis — Central Indiana consumers are satisfied with the timing of their home purchase, according to the Metropolitan Indianapolis Board of REALTORS® (MIBOR).
The findings emerged from the 2009 Profile of [...]

The Next Bubble to Burst in the Housing Market is Only a Few Months Away

Report by the Government last week warns of new bubble.  Much of Barofsky’s (special inspector general for the TARP) report to Congress, focused on the government’s growing role in the housing market, which he said has increased the risk of another housing bubble.
Over the past year, the federal government has spent hundreds of billions propping [...]

New Revised HUD Settlement Cost Booklet

Get a copy of the revised HUD Settlement Cost Booklet by clicking here

Indianapolis Mortgage Area Mansion’s price slashed to $9.9M

Hilbert mansion’s price slashed to $9.9M

By Bruce C. Smith
bruce.smith@indystar.com

One of the most expensive homes in the Indianapolis Mortgage Area is now priced to move — or at least that’s the owner’s hope.
Conseco has cut in half the asking price for the former Carmel estate of Stephen Hilbert, the company’s founder and [...]

We want all of your Indiana Mortgage Business

I remain committed to doing business with Indiana Realtors
The Indiana Mortgage Guy, Ken Blaudow & The Blaudow Team at Indy Mortgage has stood the Test of Time to become Indiana’s Dominant Mortgage Broker and our loan closing ratio, communication skills, knowledge  of the mortgage industry, prove that our business model works.
The Indiana Mortgage Guy, Ken [...]

Indianapolis Mortgage Rates Report 12-14-09

For Financial Report on what may effect Indianapolis Mortgage Rates for the up coming week click on the
Shirmeyer Report – 12.14.09

Indianapolis Mortgage applications rising

Low rates and federal tax credits are boosting home buying, refinancing

By Courtney Schlisserman
Bloomberg News

Indianapolis Mortgage applications rose last week by the most in two months as falling mortgage rates encouraged refinancing and purchases.
The Mortgage Bankers Association’s index of loan applications increased 8.5 percent to 665.6 in the week ended Dec. 4, from 613.7 [...]

In Indianapolis Only about 4% get long-term mortgage help

Is Obama’s foreclosure rescue plan working?  In the Indianapolis Mortgage Area I do not think so.
Only about 4% of troubled borrowers have received long-term help under the Obama administration’s foreclosure prevention program, Treasury officials said Thursday.  Family’s like this are finding they can not rely on the government to save there home. 
A nearly equal [...]

Indiana Mortgage FHA 203K Rehab Loan

The following program can help Indiana Mortgage Residence purchase and rehab & make repairs to homes in Indiana.  Hud homes can be purchased and financed with as little as $100 down under this program.
Call The Indiana Mortgage Guy at 317-570-6300 #208

First-time homebuyers driving recovery

Nov. 14, 2009 (United Press International) –

First-time homebuyers purchased 47 percent of the homes sold in the Indiana Mortgage Area in the past year, the National Association of Realtors said Friday.
That’s up from 41 percent in the previous year and 36 percent in 2006, the group said.
Lawrence Yun, NAR’s chief economist, said the [...]