7 Apr No Comments Michael Archbold News

WILL SPRING EVER ACTUALLY ARRIVE?! This winter weather is driving mer a little crazy. Warmth! I seek warmth.

The one thing that isn’t cold this Spring is the real estate market for Sellers. Things have kicked into gear a little early this year and we are at a full sprint and have been since mid February. If you haven’t listed your home yet, please call me right away. My sellers are getting top dollar PLUs for their homes right now. And they are selling fast. Sold two in the last week. One was on the market for 9 days. They other on the market for 1 day. On one of those, the seller is getting about $20k more than they expected. That’s not to say that every house is going to bring in that kind of appreciation, but it does demonstrate the movement in the market. From a purely numbers perspective, median home prices are up another 12.2% from this time last year.  

Buyers are having a tougher time of it. It is a VERY competitive market. Nearly all of my current transactions have involved multiple buyers. Please listen to your agent. If you need a home, now is not the time to negotiate for bargain prices. We also have strategies that can help you stand out in a competitive environment. Expect to come in strong on price. Don’t expect concessions like Seller paid close costs or home warranties. Before you even request to see a home, it is essential that you have your financing in order. For cash buyers, you will need a bank statement showing available fund. For those taking out a mortgage, get pre approved FIRST.

Baseball season is upon us. Many opportunities to see the Tincaps along with a host of other events around Fort Wayne. You’ll probably see me, Emily and the kids at the ballpark, assuming we can kick the snow!  

Have a happy and productive April!


April Events & Market Update

April Events & Market Update

We’re Here To Help

Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership.[/one_half_last]

Hoosier Home Listings by United Realty, LLC, is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. United Realty, LLC, is an Equal Housing Opportunity company.

March Events & Market Update…

… brought to you by Michael ArchboldHoosier Home Listings, and United Realty, LLC.