Renting in Greater Lafayette comes with its own share of headaches—namely, a large research institution on the west side of the river. (#boilerup) Enrollment is up 34% since 2014, and I can tell you rental options are NOT up that much. In fact, housing studies show that West Lafayette is 6000 units short of the demand. So,…
What’s up with Tippecanoe County real estate inventory and with the housing market in general? I hear lots of people talking about how more homes are on the market and how more homes are sitting. Let’s break it down. Tippecanoe County Housing Market Inventory For the past four years, we’ve taken a market snapshot (#mondaymarketupdate)…
Well, there was a new Indiana law that went into effect on July 1, 2024, that affects both buyers and sellers and tenants of residential and commercial real estate in Indiana. This change largely impacts buyers and tenants and their buyer broker’s requirement to have a signed Buyer’s Exclusive Agency Contract. In mid-August, we’ll see…
Hear ye! Hear ye! Times, they are a changin’. So, what exactly is happening? Beginning July 1, all real estate licensees in Indiana are required by law to formalize their relationship with their buyers through a written agreement that has a definite date of expiration—a signed Buyer’s Exclusive Agency Contract. This requirement is identical to…
It’s hot outside and the Tippecanoe County housing market is even hotter! Here are some recent stats for you: Between April 1 and June 1, 2024:* 403 properties were listed for sale on the IRMLS 327 sold in that time period Between April 1 and June 1, 2023:* 372 properties were listed for sale on…
Being Midwesterners has it perks. Unlike the big-time city slickers from places like Manhattan or Chicago, we don’t often have to deal with big city neighborly problems. Thankfully, we don’t deal with things like taking someone’s parking spot, filling all the shared trash cans, or loud shoes upstairs very often. However, I’d be willing to…
Hey Realtor friends, this one is for you! When it comes to your business and professional growth, what are your goals? Has anyone asked you that recently? Annually? Semi-annually? Do you have a plan to achieve those goals broken down into annual, monthly, weekly, and daily habits? What sort of experience does the consumer get…
Wow. Well, taking 6 days out of the office to travel to Arizona for what was basically a second spring break wasn’t on my agenda, but BOY AM I GLAD IT APPEARED THERE!!! We decided to take the (perhaps) once-in-a-lifetime opportunity to travel to the Final Four in Phoenix to watch the Purdue men’s basketball…
You may or may not have heard about a proposed national settlement involving the National Association of Realtors (NAR) and others. I’ve seen many headlines such as “No More 6% Commissions!” and “The NAR real estate settlement could make your next home more affordable.” Here are the bigger headlines (from my perspective): “All commissions are…
I was taking a look at the stats on the old blog and saw that an older post of mine about the most expensive home sales in Tippecanoe County in 2021 is still getting all kinds of views. I get it, actually—it’s fun to take a look at some of these dreamy homes. So fun…