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  1. I'm sorry, I didn't realize that the Central Indiana Market Report I provided would not be formated. Please delete it. -- Mike Woods

  2. This article discusses different potential biological targets. One of the targets is brain inflammation. http://www.jneuroinflammation.com/content/5/1/2

  3. Property Sales (Sold) June property sales were 2956, down 5.1% from 3116 in June of 2013 and 1.3% higher than the 2917 sales last month. Current Inventory (For Sale) http://www.mswoods.com/ Versus last year, the total number of homes available this month is higher by 208 units of 1.8%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory is up 5.3% compared to the previous month. Property Under Contract (Pended) There was a decrease of 14.8% in the pended properties in June, with 2482 properties versus 2914 last month. This month's pended property sales were 16.4% lower than at this time last year. The Average Sold Price per Square Footage is Appreciating* The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The June 2014 Average Sold Price per Square Footage of $77.8 was up 1.4% from $76.7 last month and up 6% from $73.4 in June of last year. * Based on 6 month trend – Appreciating/Depreciating/Neutral The Days on Market Shows Downward Trend* The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for June 2014 was 66, down 8.3% from 72 days last month and up 3.1% from 64 days in June of last year. The Sold/Original List Price Ratio is Rising** The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 95% is the same as last month and up from 2.2% % in June of last year. * Based on 6 month trend – Upward/Downward/Neutral ** Based on 6 month trend – Rising/Falling/Remains Steady The Average For Sale Price is Appreciating* The Average For Sale Price in June was $231,000, up 7.9% from $214,000 in June of 2013 and up 0.9% from $229,000 last month. The Average Sold Price is Appreciating* The Average Sold Price in June was $189,000, up 8% from $175,000 in June of 2013 and up 6.8% from $177,000 last month. The Median Sold Price is Appreciating* The Median Sold Price in June was $150,000, up 4.9% from $143,000 in June of 2013 and up 5.6% from $142,000 last month. * Based on 6 month trend – Appreciating/Depreciating/Neutral A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers. *Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory Months of Inventory based on Closed Sales The June 2014 Months of Inventory based on Closed Sales of 4 was increased by 5.3% compared to last year and up 2.6% compared to last month. June 2014 is Neutral market. Months of Inventory based on Pended Sales The June 2014 Months of Inventory based on Pended Sales of 4.8 was increased by 22.8% compared to last year and up 23.2% compared to last month. June 2014 is Neutral market. Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month. *Buyer’s market: 16.67% and below Seller’s market: 33.33% and above Neutral market: 16.67% - 33.33% Absorption Rate based on Closed Sales The June 2014 Absorption Rate based on Closed Sales of 24.8 was decreased by 6.8% compared to last year and down 3.9% compared to last month. Absorption Rate based on Pended Sales The June 2014 Absorption Rate based on Pended Sales of 20.8 was decreased by 18.1% compared to last year and down 19.4% compared to last month. *All reports are published July 2014, based on data available at the end of June 2014. This representation is based in whole or in part on data supplied by the Metropolitan Indianapolis Board of REALTORS(r) or its Multiple Listing Service. Neither the Board nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Market Report Provided by Mike Woods

  4. Lighten up, Alan. Sounds like you really need a vacation!

  5. By driving up wages, the debt weight would diminish. But getting higher wages is practically impossible in a economy held hostage by the U.S. House Republicans.

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