Terre Haute Market ReportThe market in Terre Haute has shown sign of decline sure, but not quite as much as the dooms-day reports are insinuating. According the THAAR (Terre Haute Area Association of REALTORS®) Year end report 2,151 homes were closed in 2007 down 7.92% from 2006. The average list price was down 3.61% which is reflective of the average sales price declining 4.3%. The average days on the market for homes in the area went up from 88 days in 2006 to 98 days in 2007, an increase of 11.36%.I don't have any numbers to back it up as of right now but as of February the phone call are picking up. Curiosity combined with better weather conditions are bringing out the buyers. I hope that this will be enough to relieve a good portion of the sellers that have been feeling strapped la... 03/04/2008

Terre Haute News and EventsFor the most up to date information on news and events please go to http://www.terrehaute.com/ (the official site for Terre Haute) Here you will be able to view up coming events and plan a fun weekend. For any questions please contact me.Erik Armstrong 03/04/2008

The Market  How do you explain "The Market"? When you sit down with a couple at their kitchen table, and they are looking back at you with hope in their eyes. They are waiting for that "HGTV moment"...they are waiting for you to tell them that their house is worth so much more than they paid for it only a few short years ago. But what if it's not? What if your CMA report says it's worth far less than they hoped? Does the average consumer know what the market is and how it affects their home's value? If you are a real estate professional you might find this blog a little boring. But if you are a person who has ever heard "the market is doing this", and wondered what the heck "the market" is, I hope you will find this an interesting read. The market is a localized entity comprised of four... 02/28/2008