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December 2, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bloomington, Indiana

Reported by Jeanne Walters, REALTOR, CRS, GRI, SRES

Updated November 3, 2008.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 3




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2
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5
Falling

Rising

Buyers in any price range have choices of houses priced at fair market value. Low interest rates and easily available mortgages are good for buyers and sellers. Although many "lowball" offers continue to be made, most closing prices are near fair market value and some of them are actually accepted. We are not seeing prices rise yet, but expect them to by the first of the new year.

ZIP Code: 47401-47408

Approximate Location Boundaries: all of Monroe County and into the contiguous 4 counties

Location Characteristics: Bloomington is described by many as "the best of both worlds" referring to its small town atmosphere and traffic, and the wealth of cultural/entertainment opportunities. One hour south of Indianapolis International Airport, our area is one of the most scenic, with State and National Forests and Lake Monroe, the largest lake in Indiana. People in the Bloomington area are inquisitive and creative, welcoming to new people, and always ready to have fun!

For More Information:

View Market Conditions of other areas served by Jeanne Walters

Navigate: Top > Indiana > Bloomington

About Jeanne Walters:
Helping clients to achieve their real estate goals gives me great satisfaction. I can't imagine another occupation for me where I would get to know so many different people and to help them with an important part of their lives!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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