What does this have to do with real estate? Absolutely nothing. But it's Sunday morning and you don't feel like running down to the coffee shop. Instead you want to 'hunker down' and treat yourself to a quiet morning at home...after church of course. Keeping alive the b-town Report's love for weekend videos, here's a little dose of Paula Deen with a great Sunday morning breakfast recipe (preceded by an out-of-context advertisement for blackberry featuring Bono). http://www.foodnetwork.com/videos/hash-brown-casserole/32476.html

Weekend Videos on the b-town Report

As you may know, we love videos here at the b-town Report, especially on weekends. Follow this link for a seemingly endless variety of videos on subjects such as green remodeling, make the most out of your garage sale and more.

http://media.rismedia.com/

Pop some popcorn and open a bottle of Oliver Winery Rose (currently 40% off at the winery) and enjoy!

And Now We Have 4.875%

Finally, for the first time in a few weeks, we have one bank posting an interest rate below 5%. Fifth Third Bank posted 4.875% for a fixed rate conventional 30 year mortgage. You can contact them at www.53.com or by phone at 812-323-3608 and speak with Kevin Cade or Shellie Sparks.

It Might Be Time to Jump on These Great Interest Rates

Finally, after a few weeks of escalating interest rates, they are looking really great again. For anyone considering locking in a rate for a purchase or anyone thinking about refinancing (myself included) you have to wonder how low rates may go...or is this it.

Here's a sample of today's rates from local lenders. And as always on the b-town Report rates are for 30 year fixed rate conventional mortgages and rates are subject to change:

• Fifth Third Bank (http://www.53.com/): 5.00%
• Monroe Bank (http://www.monroebank.com/): 5.00% with .25 points
• Premier Home Mortgage (http://www.premierhomemortgage.com/): 5.00%
• Regions (www.regions.com): 5.375%
• United Commerce Bank (http://www.unitedcommercebank.com/): 5.125%

Active Single Family Homes in Bloomington Right Now!

As of today, the Bloomington real estate market has 592 active listings for single family homes. With the exception of a listing at $7,999,000, most homes are in the mid $200,000's. Keep in mind that the numbers for averages may be skewed due to the above mentioned house. The house pictured is a great home in Hoosier Acres on over an acre with a pond priced at $499,900. Check out the stats:

• More to come on the new highest priced listing at $7,999K
• The least expensive home: $30,000
• The average home list price: $304,368
• The average size of homes on the market: 2508 square feet
• The average days on the market: 109
• The average list price per square foot: $113

Condo Sales in Bloomington for the Month of June

With Indiana University students moving back to Bloomington for the 2009-2010 school year, along with new professors, we'll be seeing condo sales on the rise. for the month of June, which is too early to reflect the incoming IU folks, there were 31 sales. These figures include sales of condos and PUDs (townhouses, paired homes and free standing units in paired home communities).

Here are the numbers for June 2009:

• Average sales price: $116,945
• Highest sales price: $322,000
• Lowest sales price: $51,000
• Average days on the market: 146
• Average finished square feet: 1346
• Average number of beds/baths: 2 bedrooms and 2 baths

Bloomington Residential Sales for the month of June

The numbers are in for June residential real estate sales for Bloomington. Consistently we are seeing fewer sales than in 2008 but an increase in the average sales price. For the month of June, the margin was smaller for the number of sales from the previous year. Here are some of the numbers:

• 2008 total residential sales for Bloomington: 163
• 2009 total residential sales for Bloomington: 158
• 2008 average sales price: $178,519
• 2009 average sales price: $180,224
• 2008 average days on the market: 108
• 2009 average days on the market: 137

To compare the month of June to last year's market, prices are up 1% and it is taking one extra month to sell the average house. More numbers to come in the next few days.