Stratford Glen

Went to a Brokers Open today in Stratford Glen and saw 3 nice houses. All 3 priced below $125,000. All 3 houses were well maintained and in my opinion were bargains. It is so nice to see pride of ownership.

House of the Day

Nice ranch in Deer Creek with an excellent floor plan. 3 bedrooms and 2 full baths. This 22 year old house has 1658 square feet. Fenced back yard with large deck and a screened in porch. New windows, new paint and flooring, new kitchen appliances and new lighting fixtures. Double sided wood burning fireplace. I had seen this house last year when it needed rehabbing. The owner did an excellent job an I almost did not recoginize it. Priced under $110,000. Call for more info or a showing 317-319-9012.

2011 Pike Township Real Estate Recap

Condos

140 Condos sold
142 Average days on market
$78,617 Average sale price
1446 Average square footage
$53 Average $ per square foot

Homes

707 Homes sold
102 Average days on market
$133,265 Average sale price
1908 Average square footage
$69 Average $ per square foot

847 Total Condos and Homes sold

Distressed Sales*(Included in above numbers)

254 Homes and Condos sold
79 Average days on market
$74,732 Average sale price
1734 Average square footage
$41 Average $ per square foot
$20,000 to $800,000 High/Low price range
34.59% of sales in Pike were distressed

*My definition of "Distressed" is 
Bank Owned, Bankruptcy, Foreclosure,
HUD, Short Sales, Pre-Foreclosure and
VA-owned.

Numbers taken from MIBOR's Broker Listing Coopertive 
Information Deemed Reliable But Not Guaranteed

Help for Community Associations and Homeowners

With more than 60 million Americans living in 315,000 U.S. homeowners associations and condominium communities, tension, frustration and conflict are inevitable.

Associations can face a range of problems—from financial strife related to the current economic climate and housing crisis to conflict between homeowners and association leaders. Issues can involve mandatory homeowner fees, budgetary shortfalls, home foreclosures, architectural guidelines and rules enforcement related to yard signs, holiday decorations, flag poles, pets and parking.

Fortunately, there is free help and information—for homeowners, association leaders and community managers.

The nonprofit Community Associations Institute (CAI) offers free, downloadable information that can help homeowners better understand how associations should function and how to improve communities that are failing to meet resident expectations. Included are:

• An Introduction to Community Association Living—an online presentation that explains the nature, obligations and benefits of living in a common-interest community.
• Rights and Responsibilities for Better Communities—42 principles and practices to help associations promote harmony and reduce the potential for conflict.
• Community Association Governance Guidelines—12 principles that can help association boards identify and meet basic benchmarks of responsible governance.
• Model Code of Ethics for Community Association Board Members

By knowing your rights and the rules and regulations of normal homeowners associations, you can know what to expect and better your living situation.

For more information, visit www.caionline.org.

House of the Day

A beauty in Branch Creek. Built in 1997 this 2 story, 4 bedroom and 2.5 baths sits next to a very tranquil pond with an awesome view. Totally updated and remodeled. New counter tops, new roof and new carpet throughout. With 2202 square feet there is plenty of space. Price is under $150,000. Call for more info 317-319-9012.

Made In America…

I got an email this morning from an agent in our company that was quite interesting. It had a very short video link that was about a house that was completely made in America. When I say that, I mean everything that was used to build the house was made in America. The paint, the nails, every screw, every plank of wood, the electrical parts, everything! What I never thought about was that if all houses were “Made in America” houses, it would increase job growth tremendously. According to the video it would only increase the house price by about 1 percent. Considering that the average cost of a newly built home in Pike Township is about $150,000, the increase to the consumer would be about $1,500. Not bad when considering you are helping job growth.

Click here to watch the video. (The first 15 seconds is a commercial. The rest of the video is 4.5 minutes long.)

Click here for the list of American companies from the video.