South Bend Real Estate Report: March 1, 2013 – June 30, 2013

We are halfway through 2013.  And sales are “up” compared with recent years. But whether you’re a buyer waiting for lower prices or a seller hoping for a return to 2006, don’t break out the champagne just yet. Long term trends aren’t clear and it will likely be a bumpy ride for some time yet: […]

South Bend Real Estate Report: Through August 31, 2012

Here are sales statistics for sales through the Greater South Bend-Mishawaka MLS through the end of August 2012.   And for clarity, here they are removing the years before 2008.   All the sales 1/1/2012 – 8/31/2012 at a glance   and those sales by financing terms:  

South Bend Real Estate Report: March 2012

“Real estate sales are up!”,  “The Spring Market has arrived!”,  “The Economy is on track for a recovery!” Every year about this time I see these breathless headlines, roll my eyes, and run through the news story or article cataloging what significant details the author missed – the change to tax policy or qualified mortgages, that foreclosures […]

South Bend Real Estate Report: January-February 2012

Here are the recent sales recorded in the Greater South Bend Mishawaka MLS (search it here) January: 148 sales, totaling just over $14 million. February: 161 sales, totaling about $15.8 million. Distressed sales, which I’ll define as disclosed foreclosures or short sales, are a significant but not overwhelming piece of the market. In these two months they accounted for […]

South Bend Real Estate Report: 2011 Summary

In 2011, there were just under 2,700 real estate sales recorded in the Greater South Bend – Mishawaka MLS, which total just over $295 million altogether. Here is the long term sales graph which plots that by month, and a scatter graph that shows all the sales at a glance, broken down by type of […]