Random Thoughts, Real Estate, Statistics

What’s the Buzz in Crown Point Real Estate: August 6th

August 6, 2010 by · 2 Comments 

The media is having a field day highlighting the poor economic news and the slumping real estate market. When I look around Crown Point Indiana, I see something to the contrary. Take a look at the graph below and tell me what you see. By the way, it’s not a disgruntled smile.

Can you see what I see? I see home prices stabilizing in Crown Point Indiana for the quartile of homes that typifies the first-time home buyer in Crown Point Indiana. Why isn’t everyone talking about this news?

It might be true that house values and home prices are still collapsing in the sand belt states. But here in Crown Point Indiana that is not the case. This is the kind of real estate information that every home seller and every home buyer needs to know.

Home sellers in Crown Point Indiana please pay attention. Home prices are NOT appreciating by double-digits so do not price above the market. You could get away with that in 2006, but that’s history.

Home buyers in Crown Point Indiana can also benefit by knowing the real estate trends. Home prices are NOT falling to the point that you can ask for 10% – 30% discounts from list price. Be rationale and reasonable in your assessment of a good deal.

This is my first blog post of many to come in a series I will call “What’s the Buzz in Crown Point Real Estate”. Stay tuned and don’t hesitate to leave your comments.

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Cathy Mattan

Cathy Mattan is a licensed Realtor with Rossi & Taylory Realty Group. Although her real estate knowledge is vast and all encompassing of Northwest Indiana, her niche market is Crown Point, IN. You can feel confident working with Cathy as she has intimate knowledge of the local neighborhoods and real estate trends in Crown Point, IN. She also has a great team of local professionals to help you with every aspect of the real estate transaction. Cathy's commitment is to provide you the highest quality of real estate service and communication you deserve. Learn more about Cathy and visit www.MyCrownPointHomes.com.

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2 Responses to “What’s the Buzz in Crown Point Real Estate: August 6th”
  1. It’s interesting to see how a simple graph can really provide valuable information to both a home seller and home buyer. Thanks for sharing your keen insight with the community. Look forward to future updates.


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