Archive for July, 2010

New Home Sales Climb in June

Tuesday, July 27th, 2010

The housing slump caused by the end of the tax credits may be over, with sales of new homes rising 24 percent in June compared to May to an annual rate of 330,000, the U.S. Commerce Department reported Tuesday.

Nevertheless, sales were at their second-lowest rate since 1963 – May’s were the lowest.

“The future is going to be dependent on job growth. There’s no demand because confidence is weak and employment is weak,” says Eric Green, chief market economist at TD Securities Inc. in New York.

Source: Bloomberg, Courtney Schlisserman (07/26/2010)

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Posted in Fort Wayne Homes for Sale - Builder News

A 35 unit senior apartment project planned for NW Fort Wayne underway

Monday, July 12th, 2010
The Village at Dawsons Creek will be a 35 unit project with two-bedroom homes and attached garages on the northeast corner of Till Road and Dawson’s Creek Boulevard, south of Dupont Road. The exterior facades will be homogeneous with the current exteriors of the villas at The Courtyards of Dawsons Creek with tan siding and coordinating stone. The covered front porches and the central park area will make for a great community atmosphere.
The project will be presented for approval Aug. 9 at a public hearing before the Fort Wayne Plan Commission.

U.S. Census figures show that 11.7 percent of the Allen County population is 65 years or older, but that number likely will grow based on national estimates. The Census Bureau says that the number of people age 65 and older will likely double in the next 25 years.

NPT Development is pleased to offer clients over the age of 55 multiple options for their housing needs.

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Posted in North Eastern Group News, Real Estate

Putting Green underway at North Eastern Group Realty

Tuesday, July 6th, 2010

We are so excited that construction has finally begun on our putting green! The final step in our extensive office renovation is landscaping and the installation of a putting green off of our patio area. North Eastern Group Realtors work hard and we are pleased to offer them a respite from their  hectic days with our new putting green! Whether they choose to relax with one of the other agents or take a client out while they are waiting for a response to an offer, our putting green is just one of the ways North Eastern Group Realty puts our agents first!

 

For more information on North Eastern Group Realty, visit Fort Wayne Homes for Sale.

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Posted in Fort Wayne Realtor - Agent news