Existing Home Sales Report

I’ve been looking at our home sales report so I can compare it to previous years.

I’m so grateful for our success in 2014- it’s been a good year, not only for our sales team at Heritage Lake, but nationally as well!  

Brouhard Realtor’s team at RE/MAX Centerstone is ending the year with about $10 million in production. It doesn’t quite compare to the $13 million in production we enjoyed in 2012, but that’s okay.

The National Association of Realtors reports that total existing home sales are at their highest annual pace since September 2013 and are now above year-over-year levels for the first time since last October. Lawrence Yun, NAR chief economist, says the housing market this year has been a tale of two halves. “Sales activity in October reached its highest annual pace of the year as buyers continue to be encouraged by interest rates at lows not seen since last summer, improving levels of inventory and stabilizing price growth,” he said. “Furthermore, the job market has shown continued strength in the past six months. This bodes well for solid demand to close out the year and the likelihood of additional months of year-over-year sales increases.”
NAR also stated that the median existing-home price for all housing types in October was the 32nd consecutive month of year-over-year price gains.

272 Patriots Landing

272 patriots Landing at Heritage Lake IN

Regionally, the midwest shows a strong market with existing home sales jumping 5.1% to 1.24 million this October which is 2.5% higher than October 2013. The median price in the midwest was up 6.8% from a year ago.

What a great way to start 2015! If you have been considering the sale of your Heritage Lake home, or other property in Central Indiana, now is a great time to become educated on the current market. Darrel or I will happily visit your home to complete a Comparative Market Analysis even if it’s not the right time for you to list. Initially, we visit your home to take some pictures and become familiar with your property. On our return visit, you will learn not only the current market value of your home but you will learn about the latest sales activity that can help you to determine whether or not it is the right time to sell. Don’t worry if it’s not the right time to list, we are glad to help you keep up on the market to determine when it is the right time so you can call us when it is!

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Indiana Lake Cottage

Check out this fantastic Indiana lake cottage listed for $219,900!

House at Heritage Lake

pic of Indiana lake house lted for sale

Newly Remodeled lake house for sale at Heritage Lake Indiana, listed by RE/MAX Centerstone Brouhard Realtors.

You’re going to love this updated Indiana lake cottage! It’s ideal for your Indiana summer home or it could serve as your year ’round retreat!  Recent updates include new windows, new flooring, and

Heritage Lake view

View from Indiana lake cottage for sale

interior/exterior paint.  As you enter the open concept living area your eyes will be drawn lakeside through the large windows. The kitchen is beautifully accented by granite counter tops along with a cozy fireplace. You can imagine the fun at the lakehouse with your friends and family gathered at the breakfast bar accented by recessed lighting! You are sure to enjoy your summer home at this Indiana lake.  Exit from the  living room and wander to the large waterfront deck; your perfect refuge to unwind & take in the view of the lake. Enjoy easy access to your private dock that includes a boat lift. The 2 car attached garage even has additional room for storing your fishing poles, skis, tubes and more!

Whether you live in Indianapolis, Carmel, Chicago, or Cincinnati you’ll enjoy easy access to your Indiana lake house. Don’t take 2 days out of your time off traveling a large distance, you can get to Heritage Lake in an hour from Indianapolis and in less than 3 hours from Chicago! Darrel & Teresa Brouhard have sold Indiana lake houses at Heritage Lake since 1987. It’s our privilege to share this lovely lake with you and help you become our neighbors!

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Bungalow at Heritage Lake

New Listing at 272 Patriots Landing at Heritage Lake Indiana

272 Patriots Landing

272 patriots Landing at Heritage Lake IN

Cute as a button and ready to move in! Located less than 3 miles from the Heritage Lake Marina where you can keep a boat docked

This charming bungalow has fabulous open living space!  The spacious main level adjoins the living room and kitchen area with vaulted ceilings and a convenient breakfast bar. On the main level there are two bedrooms, an additional storage closet, and the laundry room. You’ll love the privacy of the upstairs that can serve as your  master suite and offers a full bath and walk-in closet! The outdoor spaces are lovely and may be enjoyed either on the front covered country porch, patio off the dining area, or backyard patio. This home has been well maintained and recently painted. The yard has some nice mature trees including persimmon trees! You are sure to enjoy this peaceful setting. Also, The Heritage Lake marina is only about 3 miles away! You can lease a slip where you may keep your boat throughout the summer months and enjoy easy access to the water. The marina also has a swimming beach, bait store, fishing docks, and a nice park area with picnic sites.

Heritage Lake offers so much to its property owners! You don’t have to live in a lakefront home to enjoy all of the lake’s amenities. Besides the 320 acres of water There are three sandy beaches with picnic and parks, two clubhouses, three ponds, outdoor basketball court, sports complex, pool and water park area, and both adult and children’s activities throughout the year. Since Heritage Lake is a private Indiana lake, you know everyone using the lake and amenities have a vested interest in protecting and enhancing our lake.

Darrel and I have lived at Heritage Lake and sold Indiana lake houses in the area since 1987. Darrel always says he doesn’t know much about the rest of the world but he is a walking encyclopedia about Heritage Lake. This niche lake market has many intricacies and RE/MAX Centerstone Brouhard Realtors have systems in place to streamline the process of selling your Indiana lakefront home or lake access property.

If you are considering a purchase at Heritage Lake, it only makes sense to work with the experts. We have sold many homes at the lake several times over-we know what you need to know to make a successful purchase at Heritage Lake. Contact Darrel or Teresa today!

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A Holiday Sale?

The Holidays can be a Great Time to Sell Your Indiana Lake House! 

Heritage Lake during the holidays

Snow covered Heritage Lake in 2014

An Indiana Lake Home purchase makes a great family Christmas gift or may make sense as a year-end financial move. Surprising information about the holiday real estate market.

The holiday real estate market can be confusing! Many folks think no one is looking for a new home or an Indiana lake home during this time of year.  After 27 years of selling real estate, I can tell you it is a good time of year to list, or continue listing, your Heritage Lake home. Here are some things you may not have thought about regarding holiday real estate sales.

1. Many home buyers have extra time off during the holiday season so they have more time to look for their new home.  Especially those relocating to an area or those interested in an Indiana lakefront property as a summer home.  They may want to be ready for Spring on the water or plan to surprise the family for Christmas! Other times it might makes sense financially to buy before the new year.

2. Because of the limited supply of homes for sale, sellers may be able to receive a higher purchase offer than expected.

3. Buyers looking for homes during the holidays are usually highly motivated to buy before the end of the year so they can get extra itemized income-tax deductions for mortgage loan fees, interest and pro-rated property taxes.  The new tax credits from the economic recovery plan will play a part this year as well.

4. Festive lights and holiday decorations can help a home “show better.” Indianapolis is beautiful during the Holidays and draws many visitors to the area.

5. Because January is traditionally the month for transfers, having a home on the market at the end of the year can capture the transferees who may not be able to wait until the Spring to buy a home.

Take advantage of the holiday real estate market and Call Darrel or Teresa Brouhard at RE/MAX Centerstone Brouhard Realtors to discuss listing your Indiana lake home.

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Real Estate News

sept.prod.comparisonNew Housing Stats from the RE/MAX National Housing Report for September 2014.

Heritage Lake real estate reflects the same positive trend with 6 Indiana waterfront home sales in September 2014 vs 2 in September of 2013.

Yes, I am feeling grateful right now. The first 3 months of the year were blizzard conditions and NO sales activity. Since April, we’ve hardly been able to get a breath! I knew that sales were up but it’s always great to hear it in the news! According to the RE/MAX report this trend should continue as a result of some major decisions made in U.S. housing regulations over the past week. These 2 decisions will ultimately help first-time homes buyers, as well as those who earn lower incomes, to obtain government backed loans more easily according to RE/MAX CEO Margaret Kelly.

The Indianapolis Star ran a first page article today with the headline: ‘Indy Homes Sales Perk Up”. In the article, Jeff Swistek states that September posted a 13% gain in sales and median sale prices rose by 5.1% to $141,900 in the Indianapolis region. He cites  both Indiana’s falling unemployment rates and interest rates that remain near all time lows as being major contributors to the increases in sales and sales prices.

I am grateful to report our Heritage Lake Real Estate trends are overwhelmingly positive. Lakefront home sales rose by 33% in September of 2014 over the same month last year. The off-water market is up by 20%. Contact Brouhard Realtors for all your real estate needs. Darrel and Teresa are ‘on the top of their game’ with over $9 million in sales volume year to date in September.  With interest rates remaining at an all time low, now is a great time to purchase an Indiana lakehouse. Check out our inventory or contact Teresa. She will develop your own personal website that is constantly updated and includes properties listed with all agencies that meet your search criteria. You may sort through and designate favorites, rejects, possibilities, and make notes. To be sure you don’t miss an opportunity to buy your lakefront dream home, you will  receive instant updates by email whenever a new home is placed on the market.

 

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New Listing at Indiana Lake

New Home Listing at Heritage Lake

Heritage Lake Home for Sale

108 Patriots Landing

Access a 320 acre private Indiana Lake at the nearby marina and enjoy the 4 car detached garage for boat storage & more!

Would you like your next home to have access to an Indiana lake? A location where you can keep your boat docked just minutes away yet enjoy seclusion and privacy at home? This lovely home at 108 Patriots Landing sits on 2 large lots that create a beautiful setting bordered by mature trees and nature. You’ll love relaxing on the large deck without interruption. But the setting is only one of the fantastic features of this home. There is a 4 car detached garage to store your boat in the winter, too! The garage has endless options whether you’re a mechanic. enjoy wood-working, or just need the extra storage!

Heritage Lake listing

Heritage Lake home has a large detached garage

You’ll love the floorplan with it’s open concept, vaulted ceilings, and master suite that exits to the back deck! The living room features a cozy fireplace and exits to the large, back deck.

The location of this home is less than a mile from the Heritage Lake marina complex where you may lease a dock for the season, fish, and swim at the beach! Enjoy all that the 320 acre private Indiana lake has to offer including year ’round activities for children and adults! Brouhard Realtors are your Heritage Lake Experts since 1987!

 

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Indiana Lake Homes for Sale

This Indiana Lake Front Chalet Home is Listed for $319,900

Located on the main body at Heritage Lake Indiana and listed for sale by Darrel Brouhard, CRS, GRI with Re/Max Centerstone Brouhard Realtors. 

What do you envision when you think of an Indiana Lake Home? If if is a chalet style home surrounded by mature trees and nature with a big, but private, view of the main body, then this home may answer your dreams! 

This Indiana lake home is located at 63 Jefferson Valley at Heritage Lake. The location on a higher elevation allows for private, panoramic views of Heritage Lake through mature trees. Nature abounds with waterfowl, deer, eagles, owls, and more in this peaceful setting. As you enter the home you will notice that lake house feeling! And as you enter, the view through the custom windows will draw you in! You’ll love the open feeling allowed by the cathedral ceiling that is open to the loft above.

Waterfront home at Heritage Lake IN

Heritage Lake Home for Sale on Main Body

Heritage Lake Home

View from 63 Jefferson Valley at Heritage Lake IN

Don’t miss this great opportunity to own your own Indiana Lake Home! You’ll be so excited this winter preparing for the first spring days on Heritage Lake in 2015! Brouhard Realtors with Re/Max Centerstone will be glad to show you this lakefront chalet home!

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Beautiful Heritage Lake Home

You will love this brick home located next to a nature preserve at Heritage Lake!

Heritage Lake Home for Sale

Home located on nature preserve at Heritage Lake

This could be your very own private retreat situated on two lots surrounded by a peaceful, serene setting. You’ll enjoy complete privacy in this home that borders a nature preserve, mature trees, & a screened in porch to where you can relax & watch the occasional deer meandering past. This all brick home includes Anderson high performance windows, 2×6 exterior walls, & 9 ft. ceilings. You’re welcomed by a 2 story entry that leads to a lovely, updated eat-in kitchen with stainless steel appliances and breakfast bar. The home is accented by 9′ ceilings and is opened to the loft above which creates an open and airy feeling. Outside the setting is breathtaking-a personal refuge where you can relax completely. The common property is attached to the lake, so you might be able to throw in a line, but you’ll need to clear a path.  You can easily lease a boat slip at the marina to keep your boat handy and only about a few minutes away! See the video below for a slideshow about Heritage Lake and all the fun things we do!

As the new owner of 28 Gettysburg, you will enjoy all that Heritage Lake has to offer including the 320 acre private lake, 3 ponds, 3 beaches with park equipment and picnic facilities, clubhouse, pool, and organized activities. Take a look at this fabulous home today! Call Darrel or Teresa at Re/Max Centerstone Brouhard Realtors.

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Indiana Waterfront Homes

Indiana Waterfront Home Listing at Heritage Lake!

Shoreline of Heritage Lake listing

Shoreline of Heritage Lake listing

An impressive setting makes this Indiana Waterfront home listing at Heritage Lake special! Features a huge dock with ample room for two boats and plenty of fishing, swimming, and sun bathing!  

Lakeside of Indiana Waterfront Home

Lakeside of Indiana Lake House

You can feel it the minute you drive up! Peace and Quiet! Your natural refuge calls to you, ‘Come and relax!’ and ‘check out this view!’.  The home is rustic, the setting is natural. Squirrels scurry around to pick up their nuts. The birds are singing and there is a cool breeze whisking through the leaves! These beautiful trees provide lovely shade. Once you enter the house,  you are drawn inside to go check out the lake views! Looking out back you see a beautiful yard with mature shade trees

Lakeside of Waterfront Homes

Back of Heritage Lake Home Listing

and the views are awesome! The shoreline is graced by a huge dock! Both the patio off the walk out basement and the deck off the main living room are breathtaking spots to stop and take in the view! This spacious, rustic retreat, offers approximately 3,000 sq. ft. of living space with  4 bedrooms, 3 full baths, and a finished walkout basement. The main level offers the master bedroom, kitchen w/ eat in breakfast nook, and a large. living room, accented with a stone fireplace and windows extending the entire space to make the most of the fantastic water front view! Heritage Lake offers 320 acres of water along with two clubhouses, pool, sports complex. three sandy beaches with park areas, and a marina with lakeside gas. Organized activities year round include children’s parties for Easter, Christmas. and Halloween, adult only New Years Eve, 4th of July fireworks over the lake, the Annual Feast ‘N Ski and much more. Brouhard Realtors, with Re/Max Centerstone, have several Indiana waterfront homes listed as well as off-water homes that still enjoy full use of Heritage Lake and all the amenities. Check out this little hidden haven only 28 miles West of Indianapolis, Indiana.

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Indiana Lake House for Sale

New Price! This Indiana lake house is for sale & sits in a natural wooded refuge where you will breathe deep & relax!

As you drive up to this wooded, lakefront retreat, the cares of the day start to fade away! Then the modern/industrial decor welcomes you inside! 

Indiana Lake House

Modern industrial lighting accents this remodeled lake house

This Indiana lake house is for sale and is nestled on a large lakefront lot at Heritage Lake with a nature preserve next door where no one will build.  The home is surrounded by mature trees and wildlife. Privacy and beauty abound! The interior will beckon you to stay! This lakehome is completely remodeled and  has a decidedly modern/industrial motif that blends perfectly with this simple, natural outdoor setting.  You’ll be impressed by the wood flooring, exposed beam accents, and the pleasing color palette.

Indiana Lake House

Updated kitchen in this lake house

The kitchen has all new stainless appliances and a large breakfast bar that views into the dining room and has cabinetry below, convenient for setting the table and gathering serve ware. The large living/dining room combination exits to the large deck and the gorgeous setting! You will love the full, finished walk out basement with wet bar that is perfect for entertaining.

 

Heritage Lake home

View of Heritage Lake from the dock

The views  from the home are of the nature preserve and a gently, winding woodland path that leads to a very nice shoreline! Yes, your own personal dock is waiting! Just jump on your boat or throw in a line and enjoy all that lake living has to offer!   Take in the view and chill! You are at your Indiana lake house and you wouldn’t want to be anywhere else! This Indiana lake home  has over 3200 sq. ft. and is listed for only $289,900! Call Darrel or Teresa with Re/Max Centerstone/Brouhard Realtors, your Heritage Lake experts since 1987. They sell over 70% of the Indiana lake houses for sale at Heritage Lake. You won’t want to work with anyone else in this niche market! Call or contact them today for a tour of this beautiful property!

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