North Eastern Group REALTORS Brave the Heat to See SW Fort Wayne’s Newest Home Sites

Azbury Tour

According to the Daily Real Estate News, new home building is up in May. The Commerce Department reported Tuesday that  groundbreaking for single-family homes edged up 3.2 percent in May, reaching its highest level since December. Single-family construction is now up 26 percent from year ago levels, as the new-home market continues to inch toward recovery.  

North Eastern Group, Fort Wayne’s largest land developer, has experienced robust sales in Hawthorne Park Estates, a high end community on the northwest side of the county near the new Parkview Regional Medical Center. They anticipate similar success with the third section of Quail Creek located in the same vicinity catering to home buyers in the $140,000 – $200,000 price range as well as the third section of Azbury Woods located in popular southwest Fort Wayne less than 4 quick miles from Lutheran Hospital on US 24 and I-69.

North Eastern Group Realtors toured the home sites in Azbury Woods this afternoon despite the record heat so that they can be well prepared to assist their clients. These wooded home sites have walkout potential and overlook acres of wooded common area or are an acre or larger off of their own private lane. Homes will most likely be $300,000 – $350,0000 and up. Clients who work with North Eastern Group Realtors will have the inside track on these one of a kind lots.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

2011 Allen County Building Permit Activity shows market stabilization

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After a falling over 66% from 2003 to 2008, building permits show signs of stabilization again in 2011. Permits have remained fairly steady for the last 3 years, coming in at 679 in 2009, 662 in 2010 and 680 in 2011. Inventory of homes for sale has fallen steadily since 2007 and available new construction homes for sale has fallen even more rapidly due to the low permit numbers just reported. This will position builders well as the market improves. Most experts expect new home sales to be on the rise in 2012.

 

If you are looking to build your dream home, North Eastern Group Realtors are prepared to with your significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

Beautiful homes under construction in Hawthorne Park Estates

Imperial Homes Spec home under construction in Hawthorne Park Estates

Imperial Homes Spec home under construction in Hawthorne Park Estates

The North Eastern Group is excited about our newest project, Hawthorne Park Estates. This project is perfectly located within minutes of Parkview North Hospital in popular Perry Township. The upper end market is still strong and options for home sites were limited until this project opened in December, 2011. 

This project was designed so that almost every lot has a water view. With 5 lakes and acres and acres of water surface, Hawthorne Park Estates is a one of a kind community. There are several pre-sold homes under construction and a great two story on a full basement spec home by Imperial Homes. (Picture above)

Dont miss your opportunity to build your dream home in this fabulous community.

If you need a Fort Wayne Realtor to assist with your Fort Wayne home site selection and builder interview process, the professionals at North Eastern Group Realty can help!

“You can have everything in life that you want if you just give enough other people what they want.”

North Eastern Group Realty ownership has been dedicated to housing in northeast Indiana for over 50 years.  The North Eastern Group has hosted 26 Parade of Homes, displaying our dedication to Fort Wayne Home Builders and to creating communities that provide families superior quality of life and enduring value. We are a local company with a long history and a strong foothold in our community.

 Opening a real estate company with the area’s most professional, ethical REALTORS® was the next step in serving the residents of Fort Wayne and the surrounding communities by helping them achieve their home ownership dreams. North Eastern Group Realty  is committed to changing the way northeastern Indiana views real estate with real knowledge, proven experience and professional, quality service.

Zig Ziglar’s famous quote “You can have everything in life that you want if you just give enough other people what they want.” is a great example of how we run our business at North Eastern Group Realty. Every North Eastern Group REALTOR® is committed to serving their clients and earning their future referrals through superior serice.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.

Hawthorne Park Estates within hours of completion!

 

HPE1

The North Eastern Group is pleased to announce that by the end of the week work will be complete on phase I of this already very popular NW Allen County community. We have commitments on almost 1/3 of Section I. That is because this project was masterfully and carefully planned to optimize the appeal, view, privacy and livability of every lot in the community. Currently, there is a phenomenal home planned that will be almost 1 million dollars when complete and another 120 foot long custom home with a carriage garage.

HPE2

The North Eastern Group is pleased to announce that by the end of the week work will be complete on phase I of this already very popular NW Allen County community. We have commitments on almost 1/3 of Section I. That is because this project was masterfully and carefully planned to optimize the appeal, view, privacy and livability of every lot in the community. Currently, there is a phenomenal home planned that will be almost 1 million dollars when complete and another 120 foot long custom home with a carriage garage.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.

Star Financial Economic Forum 2011 – Part II

Yesterday, I wrote about what Dr. Seifried, Economist called the “7 Deadly Sins” affecting the US Economy and how he believes things will improve.

Dr. Seifried analyzed the remarks from the Federal Open Market Committee (FOMC) meetings. At the August 9, 2011 meeting the committee said they would keep the Fed rate at 0 until 2013 which was completely unprecedented. Never before had they predicted they would need to keep rates low for so long. There were 3 dissenters from that opinion who felt that was too long. Dr. Seifred called this the “zero rate promise.” Then at the September 20, 2011 meeting the FOMC decided on a course of action Seifried called “operation twist”. Their action would invert the yield curve which they projected to cause GDP to increase by .4% and add 350,000 jobs. Again 3 people dissented, not wanting to interfere with the natural course of the economy. On November 1-2, however,  when the FOMC decided to maintain their course, and there was only one dissension and that was because one member wanted them to be more aggressive.

As a result, Dr. Seifried believes that at the December meeting there are 3 possible outcomes. The FOMC could decide to remove the interest paid by the Central Bank on reserves which would cause banks to seek other investments or they could specify a particular inflation or unemployment level at which they would begin to raise rates or worst of all in his opinion, they could implement QE3.  

The purchase of a home is the largest investment a family will likely ever make. At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.

Star Financial Hosts another fabulous Economic Forum

For the 7th year in a row, Star Financial brought Dr. Edmond J. Seifreid, Economist to speak to hundreds of their clients, educating them on the economy and what the future might hold. As usual. Dr. Seifried does a fabulous job explaining difficult economic concepts in understandable, entertaining terms.

He began buy listing what he thinks are the “7 deadly sins” that currently plague the American Economy. They are:

1). Federal Spending which is currently at 25% of GDP which is traditionally 16-18% and is at the highest level since 1945.

2). The budget deficit which is 10% of GDP ; the highest level since 1945.

3). The federal debt is 67% of GDP which is the highest level since 1945.

4). Only 58% of the population is working. (Lowest level since 1980.)

5). Long term unemployment (workers unemployed for 6 months or longer)is at 43% which is the most since 1930.

6). The percentage of people paying income tax is at 47% which is the lowest level in modern times.

7). 47% of the population receives federal benefits.

Dr. Seifried was optimistic about the propects for The United States of America to restore prosperity. He believes there are several factors that will lead to change including pent up demand, improvement in the housing market, continued low interest rates, increased exports due to a low dollar and the energy independence movement.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.

Blackhawk Christian School – an asset to NE Fort Wayne

 Soccer

As I attended my youngest daughter’s final soccer banquet this evening, I was reminded what an asset Blackhawk Christian School is to NW Fort Wayne. Blackhawk Christian School is committed to academic excellence on a Biblical foundation. The teachers and administration are dedicated to educating, loving and praying for each student, and the students are committed to caring for each other. The message I heard over and over tonight was how thankful the freshman were for how well the senior students treated them. The underclassmen felt respected, cared for, and valued.

Northeast Fort Wayne is fortunate to have such an asset as Blackhawk Christian School.

If you are looking for a professional Fort Wayne REALTOR to advise you on your Fort Wayne Real Estate needs, search all Fort Wayne Homes for Sale at northeasterngroup.com.

North Eastern Group Realty salutes Summit Equestrian

Halloween 3

Halloween

Halloween 2

It is obvious that Allison who runs Summit Equestrian at La Cabreah is passionate about horses and serving her clients. The parking lot at North Eastern Group Realty was full from all of the families with excited children who came to Trick or Treat with the horses. What a wonderful gift Allison and the other trainers provided these children. 
Summit Equestrian provides riding lessons for people of all abilities in the Fort Wayne area! Allison & Marie are each NARHA certified therapeutic riding instructors and are enthusiastic about helping each rider reach to exceed what they thought was possible. They strive to help children & adults of all abilities grow and learn through interaction with horses and provide continuing educational opportunities to reach people of all learning styles.
In addition to therapeutic riding lessons, they offer English & Western recreational riding lessons, fabulous birthday parties and exciting field trips!
Contact Summit Equestrian at 260-668-0266.
To search all Fort Wayne Homes for Sale visit our website at NorthEasternGroup.com.

Activity increases at The Courtyards of Dawsosn Creek

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Activity has been robust at The Courtyards of Dawsons Creek over the last part of this year. In the last 45 days the model at 228 Corner Stone Parkway has sold and we have 2 custom builds under contract to begin soon.

The Courtyards of Dawsons Creek is conveniently located in northwest Fort Wayne close to some of Fort Wayne’s finest shopping and dining. Residents enjoy access to the Parkview YMCA and the miles of walking trails connected to it.

North Eastern Group ownership has been dedicated to housing in northeast   Indiana for over 50 years.  The North Eastern Group has hosted 26 Parade of Homes, displaying our dedication to Fort Wayne Home Builders and to creating communities that provide families superior quality of life and enduring value. We are a local company with a long history and a strong foothold in our community.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.