Lakefront Home in Cambridge!

Looking for a Geist home? Take a look at this stunning Cambridge home located on a deep-water cove.

2130553312940 Rocky Pointe Road // $1,650,000

This lakefront four-bedroom, six-bathroom home includes many updates and is the ultimate entertainment center!

21305533_05This 7,200 square-foot home features two fireplaces, a gourmet kitchen, hearth room, finished lower level, office, theatre, wet bar, pool, porch, outdoor fireplace and three-car garage.

21305533_02This home includes awesome waterfront views…must see to believe!
21305533_21Click here to view more information and contact me to schedule a showing!

The Depot Downtown Fishers Debuts Dottie Couture Boutique!

If you’ve been watching the progress of the downtown Fishers revitalization, you’ll be excited to hear that the first business is now open at the new Depot building.

dottie_couture_1clrlogo_1393225223__78602Dottie Couture Boutique, or DCB, a women’s clothing and accessories shop is the first store to open its doors! Located on the ground level of the Depot building, is owned by Fishers resident Brooke Magdzinski and started in 2010 in Greenwood and online, then later in Indianapolis.

The store features Ambre Blends, trendy and stylish clothes, with new arrivals to the store daily. DCB is named after the grandmother of its owner, Dottie. The shop also focuses on giving back, with “Shop for a Cause” events several times a year which directly benefit the community.

Click here to check out Dottie Couture Boutique online…and be sure to remember to shop local with DCB and other small businesses downtown Fishers.

Looking for a Waterfront Home? Here’s the Spot for You in Cambridge!

Here it is…a waterfront lot in Cambridge ready for you to build your dream home!

2128201610261 Port View Lane, McCordsville // $335,000 (PRICE REDUCED!)

This Geist lakefront .6-acre homesite in popular Cambridge boasts a beautiful, main body view. The property also includes a boat dock and lift.

Click here for additional photos and information. Contact me to discuss this wonderful opportunity to build a Geist waterfont home in this sought after neighborhood!

The Home Show Is Back!

Shake off the winter blues and go to the State Fair Grounds for the 2015 Indianapolis Home Show. The Home Show is now through this Sunday, February 1st.

IndianapolisLOGO_130Get inspired to kick off some interior design and renovation projects, soak in the sights of summer with lush landscaping in several areas of the show and even tour the centerpiece home within the show! The “Greenery Galore!” exhibit includes 25,000 square feet of landscaping and garden features with beautiful flowers from roses to dahlias and jasmines. Also, warm up in the 80-degree Butterfly House!

The centerpiece home, by Fischer Homes, features the Paxton design with a Coastal Classic elevation. The home boasts more than 4,000 square feet, excluding the basement, with four bedrooms and three-and-a-half bathrooms. The home is a brand-new design, and has an East Coast feel, with an open main floor design for entertaining.

Click here for the schedule on celebrity guests and experts at the show.

Hours are 11 to 9 on weekdays, 10 to 9 on Saturday and 10 to 6 on Sunday. Adult tickets are $14 (or only $12 when purchased online) and $3 for children ages six to twelve. Children ages five and under are free. Click here for the 2015 Indianapolis Home Show website for all of the details to get you inspired in and around your home!

Mortgage Rates: Lowest in Years.

Great news! Reports recently released show that mortgage rates have fallen for one month straight.

The benchmark 30-year mortgage rate is its lowest since May of 2013. In addition, the 15-year mortgage average fell. The 15-year mortgage is popular among families who are refinancing.

luxury-homes-las-vegas-low-mortgage-rates-chipFreddie Mac noted the 30-year mortgage declined to 3.63%. The current rate for a 15-year mortgage loan fell to 2.93%. Just last year, the average 30-year mortgage was 4.39% and the 15-year mortgage was 3.44%.

So, if you’re in the market to buy a new home, now is the time to take advantage of these low rates. Contact me to discuss your home buying needs.

This Month in Real Estate.

The January 2015 housing market update was published. The market stayed strong and 2015 is anticipated to be a strong year in real estate.

house under magnifying glassHere are some highlights:

– The pace of existing home sales declined in November of 2014, but was higher than November 2013.

– Home prices showed a decline as winter months approached, which is typical for the season.

– 30-year mortgage rates continued their drop, falling below last year’s rates. Current Freddie Mac reports 30-year fixed rate at 3.80%, 15-year fixed rate at 3.9% and a 5/1 ARM at 2.95%.

– 2014 was a solid year for existing home sales, with the seasonally adjusted annual rate of sales dropping to 4.93 million homes in November. While this was a decline from the previous month, it was still 2.3% above the rate of home sales from 2013.

– Median home price was $205,300 in November. Sustainable growth rates have been shown, and is anticipated for 2015.

– November 2014 inventory increased 2% compared to November 2013, with 2.09 million homes available for sale.

If you’re looking for an expert in real estate to help you with your home buying and/or selling, contact me. I look forward to working with you.

Trends for 2015!

According to a recent article released by realtor.com, 2015 will be a promising year for the real estate market.

housing marketHere’s a quick review of anticipated market trends:

The Increase of Mortgage Rates. As the economy rebounds from the recession of 2008-2009, the mortgage rates will rise. The forecast shows the 30-year fixed rate will reach 5% by the end of the year. That said, the one-year ARM is expended to rise less, if at all, therefore it is anticipated that buyers may shift into utilizing adjustable rate mortgages and hybrid mortgages instead of fixed.

Bidding Farewell to Foreclosures. The end of the era of foreclosures is anticipated. Fewer foreclosures and short sales should happen…with the pace for foreclosure inventories to be down more than 30% for year-end 2014 numbers.

Strict Mortgage Rules. What isn’t changing, is the set of strict standards for credit reports and ratings by potential home buyers. Loosening guidelines aren’t out of the question, but by and large, the expectation of rigid buying standards should remain.

A New Generation of Home Buyers. The “Millennial” generation (born between 1981 and 2000) are expected to take up more than half of the first-time homebuyers’ market as they get married and start families. It was also said that, in the next five years, more than two-thirds of the household growth will be from this generation.

More New Home Construction. The anticipated growth in new starts is 16%, led largely by single-family homes. One factor in the housing construction boom is the continued shortages of manpower and materials.

Click here to read the entire article. If you’re in the market to sell your home and/or buy a new home, contact me. As your Realtor, I can help you with local market trends, homes that are about to come on the market and those that have sold for comparison. It would be my pleasure to help you.