Looking to buy or sell your home this summer… and not break a sweat? It’s no secret the Indy market is hot. If holding out until the market cools offisn’t an option, there may be some good news on the horizon.
According to an Opendoor.com survey from last month, less than half of consumers (42%) say that the current macro conditions will impact their buying timeline. Read: Buyers are resilient.
Indy homeowners can go to Opendoor.com + get an offer in minutes by entering their home address and answering a few questions about their home. | Photo by the INDYtoday team
For homebuyers who are still actively searching for a home, lower competition + more seller activity can help provide some relief.
That, coupled with the rising cost of home loans, may help cool the red-hot housing market as higher rates will lead some borrowers to lose their mortgage eligibility due to banks’ strict debt-to-income ratio requirements.
Mortgage rates continue to sky-rocket, impacting the bottom lines of both homeowners + borrowers. The average fixed rate on a 30-year mortgage reached 5.27% in early May, the highest level in more than a decade.
DYK: Every 60 seconds, a homeowner requests an offer from Opendoor. | Photo provided by Opendoor
Homeowners who sell to Opendoor can avoid showings and manage their sale entirely online. Plus, with Opendoor’s all-cash offer, sellers don’t have to worry about a buyer’s financing falling through. Homeowners maintain complete visibility and control throughout the process.
Bonus: Sellers get to choose their closing date — minimizing the possibility of double mortgages or double moving costs. And you can cancel anytime before close, at no cost, for any reason.*
Canal Nights | Wed., June 15 | 6-8 p.m. | Indiana State Museum | Free | Learn about our global community through cultural demonstrations. 🌎
Athenaeum Bier & Building Tours | Thurs., June 16 | 5:30 + 6 p.m. | The Athenaeum, 401 E. Michigan St. | $25+ | Adults only — grab a pint + join Indiana Landmarks as they discuss one of Indy’s most beloved buildings. 🍺
Juneteenth Foodways Festival | Fri., June 17 | 4-8 p.m. | Benjamin Harrison Presidential Site | Free | Join this inaugural event for an interactive food experience highlighting the hidden history of diverse Hoosiers from the 1860s-1890s.
Parlor Plant Pop-Up | Sat., June 18 | 12-4 p.m. | 600 E. Ohio St. | Free | Visit Parlor Public House to sip and shop at a plant-filled pop-up event with Grounded Plant + Floral Co. 🌿
Talbot Street Art Fair | Sun., June 19 | 10 a.m.-4 p.m. | Between 16th + 20th Streets, Herron-Morton neighborhood | Free | A family-friendly juried art fair with over 200 nationwide artists. 🎨
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
A major change is coming for the State Road 37 improvement project in Hamilton County. A new roundabout is under construction at 131st Street and northbound lanes on SR 37 will move to the newly constructed lanes, closing access to 135th Street east of SR 37. The closure will be in place through early July. 🚧 (WISH)
The Indiana State Fair + Corteva Agriscience announced the 2022 Featured Farmers for this year’s Indiana State Fair. The program recognizes Hoosier agriculture and connects it with the community. These 18 farm operations from all over the state will showcase their agricultural products throughout the fair (Fri., July 29-Sun., Aug. 21). 🌽
Dig in.Indy Parks is hosting “Dip-In” cooking classes this summer at various park locations in an effort to provide lessons on healthier eating and cooking habits. Sessions include healthy snack and lunch ideas, food safety and summer salads, and quirky cooking. Classes are free + registration is open online.🍴
Indianapolis is expanding its Safe Summer program to include Friday + Saturday nights. Young adults ages 13-18 will be able to play sports, watch movies, and hone their artistic abilities in a free and safe environment. Activities will take place at Riverside, Garfield, and Washington parks. Get more info here. (WISH)
An urban forest is at least one acre of trees — and Indianapolis has over 4,000 of them. To make sure the city’s remaining forests are protected, the Indiana Forest Alliancelaunched the “Forests for Indy” initiative which works with homeowners to get rid of invasive species. Learn more or schedule a clean-up day in your neighborhood. 🌳 (WRTV)
Decades after the Holocaust, the story of Eva Kor + her sister Miriam lives on. A new childrens’ book “I Will Protect You” written by Eva and author Danica Davidson talks about anti-Semitismand surviving the Auschwitz concentration camp. The book is available at the Indiana Historical Society and in bookstores. 📖 (WRTV)
Supermoons are backthis summer — with the first one expected this evening. If the sky is clear, the moon will reach peak fullness this morning + look full through tomorrow night. The sweet sight is known as a “strawberry moon” because it often coincided with the Algonquin tribe’s summer strawberry harvest. 🌕 (WTHR)
Picture this: You’re itching toplant roots. You’ve got some savings, and you’re so very tiredof paying rent. But how do you know if you’re really ready to buy a house?Check out these questions to ask yourself first, courtesy of Opendoor’s Consumer Trends Expert Beatrice de Jong for Architectural Digest. 🏡*
Did you know? Almost everyone has experienced a tension headache, but they’re completely different from migraine headaches, which can be majorly disruptive and follow a unique pattern of symptoms. Quiz yourself on the difference.*
A wellness message from our sponsor
A decrease in muscle tone and mass as we age is inevitable — but a few simple exercises can make a big difference in maintaining (and even building)strength throughout aging. Celebrity trainer Tony Horton explains.*
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Editor’s pick: It’s been a while since I’ve been to a big concert but I’m thinking about seeing Post Malone at Gainbridge Fieldhouse — I mean, the date is a few days before my birthday so that seems like a fun way to celebrate. 🎤
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