Real Estate Monthly, Vol. 1, Iss. 8

REAL ESTATE MONTHLY

VOLUME 1, ISSUE 8
AUGUST 5, 2016

IT’S BACK TO SCHOOL TIME

busIt’s that time of year already. The kids are going back to school. For parents that’s a relief because “Mom’s Taxi Service” has finally reduced its hours. For commuters it means that it’s time to pad commute times a bit. Schools buses will be rolling during the morning 9-5 commute and again in mid afternoon in time for shift changes. It’s important to be aware of traffic stopping to load and unload school children.

It’s also important to exercise additional caution during morning school hours. Children waiting to be picked up don’t often exercise safety. They may stand hidden behind trash cans, standing on the curb, or playing with other kids next to the road. Always assume they will jump out in front of you. The extra caution will help prepare you for the ice and snow that is just around the corner.


Kosciusko County Market


June


Closings:
109 ⇧ 8% Y:Y


Median Closing Price:
$145,000 ⇧ 3% Y:Y


Median Days on Market:
48 ⇧ 23% Y:Y


New Listings:
133 ⇩ 16% Y:Y


Inventory: 
601 ⇩ 10% Y:Y


Sales / List Price:
97% — Y:Y


Neutral Market

Elkhart County Market


June


Closings:
203 ⇩ 2% Y:Y


Median Closing Price:
$139,000 ⇧ 13% Y:Y


Median Days on Market:
17 ⇩ 32% Y:Y


New Listings:
229 ⇩ 17% Y:Y


Inventory: 
727 ⇩ 18% Y:Y


Sales / List Price:
97% — Y:Y


Sellers’ Market


The market update is the most current available due to data reporting and analytics by the state reporting board.


Students’ First Days

Baugo Community Schools

Thursday, August 11

Concord Community Schools

Wednesday, August 10

Elkhart Community Schools

Thursday, August 4

Fairfield Community Schools

Friday, August 12

Goshen Community Schools

Thursday, August 4

Middlebury Community Schools

Wednesday, August 10

Wa-Nee Community Schools

Wednesday, August 10

Wawasee Community Schools

Thursday, August 11



Did You Know?

Brass doorknobs disinfect themselves. Several metals including brass, copper, aluminum, iron, lead and silver are antimicrobial and they kill bacteria and brass is the most antibacterial of them all.



Slow Down: Back to School Means Sharing the Road

From the National Safety Council

School days bring congestion: Yellow school buses are picking up their charges, kids on bikes are hurrying to get to school before the bell rings, harried parents are trying to drop their kids off before work.
It’s never more important for drivers to slow down and pay attention than when kids are present – especially before and after school.

It’s never more important for drivers to slow down and pay attention than when kids are present – especially before and after school.

If You’re Dropping Off

Schools often have very specific drop-off procedures for the school year. Make sure you know them for the safety of all kids. More children are hit by cars near schools than at any other location, according to the National Safe Routes to School program. The following apply to all school zones:

  • Don’t double park; it blocks visibility for other children and vehicles
  • Don’t load or unload children across the street from the school
  • Carpool to reduce the number of vehicles at the school

Sharing the Road with Young Pedestrians

According to research by the National Safety Council, most of the children who lose their lives in bus-related incidents are 4 to 7 years old, and they’re walking. They are hit by the bus, or by a motorist illegally passing a stopped bus. A few precautions go a long way toward keeping children safe:

  • Don’t block the crosswalk when stopped at a red light or waiting to make a turn, forcing pedestrians to go around you; this could put them in the path of moving traffic
  • In a school zone when flashers are blinking, stop and yield to pedestrians crossing the crosswalk or intersection
  • Always stop for a school patrol officer or crossing guard holding up a stop sign
  • Take extra care to look out for children in school zones, near playgrounds and parks, and in all residential areas
  • Don’t honk or rev your engine to scare a pedestrian, even if you have the right of way
  • Never pass a vehicle stopped for pedestrians
  • Always use extreme caution to avoid striking pedestrians wherever they may be, no matter who has the right of way

Sharing the Road with School Buses

If you’re driving behind a bus, allow a greater following distance than if you were driving behind a car. It will give you more time to stop once the yellow lights start flashing. It is illegal in all 50 states to pass a school bus that is stopped to load or unload children.

  • Never pass a bus from behind – or from either direction if you’re on an undivided road – if it is stopped to load or unload children
  • If the yellow or red lights are flashing and the stop arm is extended, traffic must stop
  • The area 10 feet around a school bus is the most dangerous for children; stop far enough back to allow them space to safely enter and exit the bus
  • Be alert; children often are unpredictable, and they tend to ignore hazards and take risks

Sharing the Road with Bicyclists

On most roads, bicyclists have the same rights and responsibilities as vehicles, but bikes can be hard to see. Children riding bikes create special problems for drivers because usually they are not able to properly determine traffic conditions. The most common cause of collision is a driver turning left in front of a bicyclist.

  • When passing a bicyclist, proceed in the same direction slowly, and leave 3 feet between your car and the cyclist
  • When turning left and a bicyclist is approaching in the opposite direction, wait for the rider to pass
  • If you’re turning right and a bicyclist is approaching from behind on the right, let the rider go through the intersection first, and always use your turn signals
  • Be extra vigilant in school zones and residential neighborhoods
  • Watch for bikes coming from driveways or behind parked cars
  • Check side mirrors before opening your door

By exercising a little extra care and caution, drivers and pedestrians can co-exist safely in school zones.


eho-mls If your property is currently listed for sale or lease, this is not intended as a solicitation of that listing.

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