2020 Housing Forecast and Why You Should Sell Now

2020 Housing Forecast and Why You Should Sell Now

3D rendering of modern kitchen in a loft. While the thought of selling your Lafayette Indiana home during the winter months may dampen your holiday spirit, the season does have its advantages: winter buyers tend to be more serious and competition is less fierce with fewer homes being actively marketed.  If you are debating listing your home for sale within the next 6 months, keep in mind that the spring is when most other homeowners will decide to list their homes as well and listing your home this winter will ensure that you have the best exposure. Here are the reasons to sell your Lafayette Indiana home this winter and what’s predicted for the housing market in 2020… 1. Demand Due To Low Housing Supply Inventory is still under the 6-month supply needed for a normal housing market. This means in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move. Many homeowners were reluctant to list their homes over the last couple of years, for fear they would not find a home to move into. That is all changing now as more homes come to market at the higher end. The...
Christmas Events around Lafayette

Christmas Events around Lafayette

Christmas around Greater Lafayette, IN is a beautiful thing. Festive events make for lasting memories among families and patrons alike. So, here are the happenings around town (and beyond) as we approach Christmas. We hope this list gives peace of mind as you plan your holiday traditions! Greater Lafayette, IN Christmas Events Christmas Tree Lighting at Purdue Memorial Union (West Lafayette, IN): December 3, 2019 from 6:00 – 7:00 P.M. Come watch the enormous tree lighting at the Purdue Memorial Union. “Live music from the Purdue Acabellas with classic and contemporary Christmas hits.”Christmas Holiday Farmer’s Market (Lahr Atrium; Lafayette, IN): Saturday, December 7th, 2019 from 9:00 A.M. – 2:00 P.M. “Jumpstart your Christmas shopping at the Christmas Holiday Market! Check out a variety of crafts, baked good, and holiday items. Conveniently located downtown on the Christmas Parade route, make this event a part of your holiday celebration.”A Very Merry Christmas Parade (Downtown Lafayette, IN): Saturday, December 7th, 2019 at 5:30 P.M. come downtown for the annual “Very Merry Main Street” light up Christmas Parade! Check out our blog featuring this fabulous event for more detailed information on the entire day. Purdue University’s Christmas Show (Purdue University; West Lafayette, IN): Click here to read our blog highlighting the details for the Purdue Christmas Show!Saturday, December 7, 2019Noon, 4 p.m. & 8 p.m.Sunday, December 8, 20192 p.m.Faith Baptist Church’s Living Nativity (Faith East Community Center; Lafayette, IN): “Beginning with the biblical account of creation and ending with the prophecy of Christ’s second coming, 14 life-size scenes address the reasons for and result of our Savior’s time on earth. Involving a cast...
306 Teasdale Drive, Lafayette Indiana

306 Teasdale Drive, Lafayette Indiana

This updated, move-in- ready home is in a prime Lafayette location in Twyckenham subdivision and is just minutes from downtown and Purdue University! Features: 3 bedrooms; 2.5 baths; full basement; fenced yard Activation Date: Friday, October 4th, 2019 by The Romanski Group Open House Date: Sunday, October 6th from 2:00-4:00 pm From the moment you walk into this home you will feel a breath of fresh air and rejuvenation!  The warm hardwood floors and charming features throughout will bring you a sense of peace and comfort. This house offers three bedrooms and two and a half bathrooms with nearly 1,500 square feet plus a full partially finished basement that offers additional storage space.  There is a light and bright kitchen with all of the appliances and a dining area.   The privacy fenced yard is a great place to unwind in the evenings or you might enjoy grilling out with family and friends in the backyard.  It also offers plenty of space to add a fire-pit; garden and more! This home is located within located in great proximity to many things including being just minutes from Purdue University, area hospitals, schools and walking distance to downtown Lafayette and the farmer’s market!   Contact The Romanski Group for more information 765.293.9300 or click below: For up-to-date information on YOUR Indiana area neighborhood or a FREE Seller Consultation – call The Romanski Group at (765) 293.9200.  Using an experienced team is the way to get your home ‪SOLD‬! You deserve the BEST Realtor in the Lafayette Indiana...
Home Sales Expected to Continue Increasing In 2020

Home Sales Expected to Continue Increasing In 2020

With a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Freddie Mac, Fannie Mae, and theMortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020. If you’re a homeowner who has considered selling your house recently, now may be the best time to put it on the market. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground from what has been seller’s territory over the past few years. If mortgage rates stay low, wages continue to grow, and inventory picks up, we can expect the U.S. housing market to further stabilize throughout the remainder of the year.” Lawrence Yun, Chief Economist at NAR “We expect the second half of year will be notably better than the first half in terms of home sales, mainly because of lower mortgage rates.” Freddie Mac “The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the early summer months…The benefit of lower mortgage rates is not only shoring up home sales, but also providing support to homeowner balance sheets via higher monthly cash flow and steadily rising home equity.” In Summary The housing market will be...
740 Clifty Falls Lane, Dayton Indiana

740 Clifty Falls Lane, Dayton Indiana

Features: 3 bedrooms; living and family rooms, large privacy fenced backyard Activation Date: Friday, August 23rd, 2019 by The Romanski Group This maintained home with a large privacy fenced backyard. 100% USDA financing available. Features 3 bedroom, living room, eat-in kitchen with an island plus a family room. The garage has been converted into a living space. There is also a 12×10 storage shed. Dayton, Indiana is located one hour north of Indianapolis and two hours south of Chicago. I 65 access is just minutes away, on the western border, and the cities of Lafayette and West Lafayette, home to Purdue University, are just a few miles away. Plenty of shops and restaurants are only minutes away on St Rd 38. Learn more about the town of Dayton here.  Contact The Romanski Group for more information 765.293.9300 or click below: For up-to-date information on YOUR Indiana area neighborhood or a FREE Seller Consultation – call The Romanski Group at (765) 293.9200.  Using an experienced team is the way to get your home ‪SOLD‬! You deserve the BEST Realtor in the Lafayette Indiana...
3917 Rushgrove Drive, Lafayette

3917 Rushgrove Drive, Lafayette

The Romanski Group just listed this beautiful home at 3917 Rushgrove Drive in Lafayette Indiana! Beautiful home built by Majestic Home in highly desired, The Commons. A large covered front porch, perfect for rocking chairs, welcomes you into this well cared for, freshly painted home! You will love this open floor plan offering a great room with a fireplace that is open to the large kitchen featuring a huge breakfast bar! There is also a spacious dining room with hardwood floors. Luxurious 1st floor master bedroom with an en suite! The laundry room/mud room is right off of the 3-car attached garage that has built-in shelving and a floored attic! The open staircase leads up to a loft area that could be used as office or game area and to 3 huge bedrooms and a full bathroom. Invite your friends over this summer and grill out on your oversized patio in the privacy fenced backyard that also has a fire pit. The Commons is a great community with basketball and tennis courts, soccer fields, a pool and playgrounds! Great location in south Lafayette with quick access to Purdue to I-65! One year HWA Home Warranty for purchaser ($590 value). *For more information on this home and others like it click on any of the photos. Contact The Romanski Group for more information (765) 293.9300 or click below: For up-to-date information on YOUR Indiana area neighborhood or a FREE Seller Consultation – call The Romanski Group at (765) 293.9200.  Using an experienced team is the way to get your home ‪SOLD‬! You deserve the BEST Realtor in the Lafayette Indiana area! Learn more...