Status of the South Bend Area Housing Market: 05/01/07
Using data from the Greater South Bend-Mishawaka MLS, here is the April breakdown of sales statistics. Sales are increasing slowly, along with the number of homes listed. Condos continue to be the area’s hot market. About 23% of the listed inventory of condos sold this month, compared to 13% of the listed inventory of single family houses. […]
Bankruptcy doesn’t mean homeowners can neglect property
Property owners beware: As recently reported in the South Bend Tribune (permalink), according to a recent ruling by Bankruptcy Judge Harry Dees, real estate owners who file for bankruptcy are still responsible for taking care of their property unless the property is foreclosed. Judge Dees ruled in favor of the City of South Bend against […]
Status of the South Bend Area Housing Market: 04/01/07
March 2007 sales data from the Greater South Bend-Mishawaka MLS is now available. My perception was that there is more activity this month based on the number of showings of our listings and the number of buyers we are working with, but the sales figures are mostly unchanged. There are still about 2,000 houses for […]
Oak Hill Condos – South Bend’s Housing Bubble?
Homes around South Bend aren’t normally subject to dramatic market swings. Media stories that report a drop in our median home price reflect a change in the type of house being sold and not a drop in the value of individual homes. Well-maintained homes in desirable areas appreciate slowly and steadily. However, even in this […]
ND Condos in the News
South Bend Tribune writers Margaret Fosmoe, Heidi Prescott, Jamie Loo and Ed Semmler recently came out with a slew of articles about the Notre Dame condo boom in which they provide a nice overview of the upcoming projects and quote many of the developers: ND alumni, fans drive development of condos, townhomes and other housing […]