Hello July!

Hello July!

July is a sizzling hot month for real estate, buzzing with excitement and patriotic flair! With fireworks still sparkling in the sky from Independence Day celebrations, the property market is just as electrifying. Families are out in full force, eager to find their dream homes before the new school year, while sellers are sprucing up their listings to attract enthusiastic buyers. It's a time of open houses and neighborhood barbecues, where the American dream of homeownership feels more vibrant than ever. 
 
Enjoy the month of July as it offers a star-spangled mix of opportunities and fun in the real estate world.

Real Estate in the News

1/3 of Single-Family Homes For Sale are Newly Built. Here's what Buyers Need to Know:

“It doesn’t mean necessarily that new construction has ramped up,” said Robert Dietz, chief economist of the National Association of Home Builders. Homebuilders are still constructing about 1 million single-family homes a year, he said.
 
“What’s happened is that the level of resale inventory has shrunk,” Dietz said.

Courtesy of CNBC

Local Happenings

July 4-6, 2024

Independence Day Celebration at Victory Field

Enjoy an Indianapolis Indians baseball game followed by a spectacular fireworks display. It's a classic way to celebrate the Fourth of July with sports, food, and a stunning show in the night sky.
 
Click here for more details

July 6, 2024

The Taste of Indy

Immerse yourself in a day of diverse culinary delights and live music at White River State Park on July 6, perfect for families seeking fun and entertainment. This festive event offers a unique blend of food, music, and community spirit.
 
Click here for more details.

July 13, 2024

Water Lantern Festival

The Water Lantern Festival in Indianapolis offers a magical evening filled with the beauty of lanterns lighting up the water. It's a unique, family-friendly event where attendees can decorate and launch their own lanterns, creating a serene and unforgettable experience.
 
Click here for more details.

Lifestyle Tips and Tricks

The Hottest Summer Ever Is Coming: What Extreme Heat Can Do to Your Home - And How to Prevent the Damage

The Realtor.com® 2024 climate risk study found that nearly a third of all homes in the U.S. are located in areas that are prone to extreme heat exposure.

Courtesy of Realtor.com

Common Seller and Buyer Mistakes

Buying and selling real estate is littered with costly obstacles, but you can steer clear of many of them.

Courtesy of U.S. News

Houzz Emerging Summer Design Trends Reports Reveals What's Hot

Houzz has released its Emerging Summer Design Trends Report, which includes organic modern style, reading rooms, Japanese influence, and more!

Courtesy of Forbes

America's Top 10 Buyer's Markets

Where you can still land a bargain below the asking price

Courtesy of Realtor.com

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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