For the 20th consecutive year, Indiana’s largest independently owned, comprehensive real estate firm – the F.C. Tucker Company – has surpassed $1 billion in home sales. This major homes sales milestone was exceeded in mid-year 2012.
“Our sales associates and office staff team worked hard to reach this threshold, again for the 20th year in a row,” said Jim Litten, president of F.C. Tucker. “It’s remarkable, especially during one of the most tumultuous periods in the U.S. real estate industry, to reach this level of sales year after year. I’m very proud of our sales associates and office staff, and I’m grateful to our thousands of loyal customers.”
According to August figures, F.C. Tucker has recorded $1.6 billion in sales year-to-date, as the improving economy contributed to a strengthening housing market. In the first eight months of 2012 across the nine counties that F.C. Tucker tracks, 5,175 homes closed. By comparison, 4,626 homes closed in the first eight months of 2011, and 4,747 closed in the same time period of 2010.
Record low interest rates and housing affordability are additional key factors leading to increased home sales across Central Indiana this year.