Displaying blog entries 11-20 of 21
It occured to me that I always get asked what's going on in the market, so I will make sure you hear from me regularly with some details. If you ever have any questions, let me know! Lafayette and West Lafayette real estate has changed a bit over the last year. We have a slightly larger inventory, and our days on market has increased a bit. Not a lot, but a little.
Right now, we have 2703 listings on the market. It breaks down like this:
We currently have 1067 listings for sale in Lafayette, and we have 554 in West Lafayette. So far, year-to-date, we've sold 3055 properties in our market area.
These are just a few stats for you detail-minded readers! As always, you can comment here or contact me to discuss or ask any questions. Have a great day :)
Hi everyone, we just as a team realized we had neglected our blog. I will be here more often I promise! We've posted a lot of new properties, and we're going to keep you up to date on everything going on in real estate in Lafayette. This blog is going to be your best friend I promise!
Anyway, I just met with a lender and we were talking about why the market has slowed down. The Lafayette market HAS experienced an increased in days on market (DOM), and we were trying to figure out why.
Do you have any ideas? Because I'm stumped. The only thing we can think of is all the negative media...but guys please remember that what's happening in other markets doesn't necessarily translate to here.
Did you know that 30 yr fixed is still at 6.1%? And 15 yr fixed is, wow, 5.73%! Rates are historically low, our supply is awesome, our job market is good, our growth has been promising and steady. My conclusion is that if you want a great deal on a mortgage and a great house at a fair price, Lafayette and West Lafayette have to be a couple of the best places to buy in the COUNTRY right now.
Does anyone have any thoughts? Let me know what you think!
This home is subject to short sale. There is lots of room for ATV & Horses on the 20 acres. there are trails that run along the Wildcat River. This home has a basemnt of 1800 square feet. The pool is L shaped and fenced in. For more information please click below. This home is currently off the market.
Manufacturing facility zoned I3 inclueds 3 buildings, M&W bathrooms in back- front building-9 offices, conference rm, recp & display area welcomes you to this large 10,000SF complex. WI FI ready. For more information on this commercial property click below.
Like NEW! Clean as a whistle, marvelous lot with view of a pasture and woods. Upstairs family room could be split into a bedroom if one wants. Spacious master suite, open kitchen to living room area. Dining room could also be living area. there is also a sprinkler system. click below to get more information on the home.
Beautiful setting with 3.35acres with ranch style home, very well kept. 2 car garage attached, 1 car detached, E sheds, one insulated and heated 46x80, and two pole blgs. 42x64, one has rented . The land is surround by trees. click below if you would like more information.
I thought you might be interested to know that mortgage bonds prices have risen. This puts downward pressure on mortgage rates. Trading was all over the place throughout the week...investors are still concerned over credit and energy issues. Adding to the volatility were triple digit movements in stock prices!
Interest rates on government and conventional loans are down another 1/4 point!
Displaying blog entries 11-20 of 21
