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Recycle Your Electronics!

by The Jana Caudill Team

The Jana Caudill Team is going green! We are trying to make a conscious effort to reduce the amount of trash that enters our landfills. Did you know that 98% of electronic components can be recycled? Drop off your old electronics at the following locations:

Lowell Street Department           598 Union Avenue

Whiting City Garage                        1915 Front Street

Hobart City Barns                             340 S Shelby

Portage Street Department        2303 Hamstrom Road

Valparaiso Compost Site               2150 W Lincolnway

This is a great way to get rid of clutter and save landfill space! These locations are for county residents only and are not open to businesses or organizations. Please contact the location for hours and items accepted. Click here to learn more about recycling in Lake County and Porter County.

The Jana Caudill Team are Northwest Indiana real estate specialists! Contact us for all your home buying and selling needs. We have a best buy list of properties that are sure to sell quickly. Don’t miss out on a great opportunity to get a great deal.

 

 

 

Local County Fair Schedule

by The Jana Caudill Team

One of the great things about summer in Northwest Indiana is your local county fair. A fair means rides, games, entertainment and good food! Here’s a list of county fairs that you do not want to miss:

La Porte County Fair                       July 19th-25th

Porter County Fair                           July 23rd-August 2nd

Lake County Fair                               August 7th-16th

Get off the real estate roller coaster! Pick the blue ribbon team to ensure a smooth real estate transaction. Contact The Jana Caudill Team for our best buy list of great deals that will not last long!

 

Report: NWI Home Values to Increase in 2007

by Jana Caudill

From www.post-trib.com

What housing bubble?

While much of the nation suffers from continued falling housing prices, Lake County will see 3.2 percent growth over past year in residential real estate value in 2007, according to a report by Fortune magazine. This places Lake fifth in the Midwest and 30th in the nation in a ranking of 100 real estate markets conducted by the magazine.

Porter County was not included in the survey, but realtors said housing values there mirror its sister county: rising slowly and steadily.

And realtors here say the 3.2 percent is an average. Houses in some areas, such as St. John and Crown Point, could see even bigger increases in value.

In contrast, residential housing values have declined 3 percent nationally, with larger drops in fast-growing coastal and vacation areas that experienced huge housing value gains in recent years.

Northwest Indiana real estate agents are basking in the glow of the report, which was prepared by Fortune magazine, Moody's and FISERV Lending Solutions and posted on CNNMoney.com.

Leading the way in the nation in rising home values, according to the magazine report, is McAllen, Texas, with Youngstown, Ohio, the top city in the Midwest.

Lake County, listed as the Gary area in the report, ranks 30th in the nation and fifth in the Midwest. Only Youngstown, Akron and Cleveland, Ohio, and Wichita, Kan., outrank the Gary area. Lake County even outranks Indianapolis (the Midwest's No. 7 with a 3 percent rise in value) and Chicago (the Midwest's No. 11 with a 2.6 percent hike in value).

The report comes as a bit of surprise after reports of the price-bubble bursting in top real estate markets such as Miami and San Francisco. And the nation as a whole saw a 3 percent decline in prices, the first time since the Great Depression that prices declined one full year.

James Shaw, a real estate agent with Keller Williams Realty Leaders of Crown Point, said averages contain increases as well as decreases.

And many areas, such as Lake and Porter counties, could ride the wave of steady appreciation brought by being close to, but not part of, Chicago. Suburban and exurban areas did well, both nationally and locally.

Jana Caudill, owner of Keller Williams Realty Leaders, predicted some areas of Northwest Indiana will do even better than the 3.2 percent-increase forecast.

"I'm excited to see the forecasted increase over 3 percent," Caudill said. "But some areas, like St. John, Dyer, Crown Point and Schererville, should see even larger increases in value."

For example, Crown Point is booming, Shaw said.

In 2005, the average listing price was $183,681. In 2006, it was $202,383 -- a 10.2 percent increase.

And right now, the average listing price is $298,333, although Shaw said that is far from what the average for 2007 will probably be.

Shaw said Northwest Indiana is grounded in reality -- increases that won't be deflated later.

"This market is so stable and steady," said Shaw.

The Dec. 25 issue of Fortune is also its annual Investors Guide and will be on news stands until March, according to Susan Brown Williams, communications director for Fortune.

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Contact Information

Photo of The Jana Caudill Team Real Estate
The Jana Caudill Team
Redkey Realty Leaders
503 East Summit St., Suite 2
Crown Point IN 46307
219-661-1256
Fax: 219-663-5949