Batesville Herald Tribune, Batesville, Indiana

August 20, 2013

July home sales better than a year ago


The Batesville Herald-Tribune

---- — July home sales better than year ago

Home sales in July for the Batesville school district were $2.3 million compared to July 2012’s $657,000, according to the South Eastern Indiana Board of Realtors Inc. Multiple Listing Service of Southeastern Indiana, reports real estate agent Jim Dreyer.

Year-to-date sales are $10.6 million compared to 2012’s year to date of $11.5 million. That is $887,786 or 7.7 percent behind last year. The month’s results were a giant leap toward catching up to 2012’s year to date, he notes.

There were 11 homes sold last month compared to six in July 2012. The number of homes listed for sale remained at 70, the same as at the end of June.

In the past 12 months, there have been 112 homes sold in the Batesville school district. “With 70 currently on the market, that means we have 7.5 months on hand of active listings,” Dreyer reveals. “Year to date, the average selling price of a Batesville home is $163,368. Last year, for the entire 12 months, that average was $173,437. This does not represent a decline in home values but rather a shift to the sale of lower priced homes.”

Pence will lead delegation to Japan

Gov. Mike Pence will lead a delegation of Hoosier business leaders and elected officials on his first gubernatorial overseas jobs and economic development mission to Japan Sept. 5-14.

During the trip, he will travel to Tokyo, Nagoya and Tochigi Prefecture, Indiana’s Japanese sister-state. He will attend the Japan-U.S. Midwest Conference and will meet with government and business leaders and potential investors. Calls to executives from Honda, Toyota and Subaru, as well as other companies with Indiana operations, will also be part of the governor’s agenda while in Japan.

“From leading automotive manufacturers to their diverse array of suppliers, Japan’s top companies have found homes across all corners of the Hoosier State,” said Pence. “Our administration aims to continue to nurture and grow the strong bond between Indiana and Japan that dates back nearly 100 years and has led to more than 42,000 Hoosier jobs in recent years. I look forward to renewing our commitment to Japan, opening doors for new investment and jobs in Indiana and telling the story of Indiana as a state that works in America.”

Indiana counts Japan as its largest Asian trading partner. It is Indiana’s fifth-largest export country in the world, according to the U.S. Department of Commerce’s National Trade Database. Nearly 44,000 Hoosiers are employed by more than 200 Japanese companies located in the state. Indiana is the only U.S. state that is home to three Japanese original equipment manufacturer automotive companies, Subaru, Toyota and Honda.

The cost of the state delegation is being covered entirely through private donations to the Indiana Economic Development Foundation. No tax dollars will be used. The state will be represented by First Lady Karen Pence and Secretary of Commerce Victor Smith. The Indiana Economic Development Corporation has an office in Nagoya, and representatives will assist with trip arrangements.