The above information should stimulate your interest in Columbus, IN., and it certainly gives you good reasons to consider moving to Columbus, Indiana. For a real life look at our lovely city, visit my website http://www.columbusareahomesforsale.com where you will find a "Welcome To Columbus" video. It's a great video, with real Columbus residents giving their own commentary, and expressing their own personal opinions.
The "Top Relocation Companies" that entrust their clients to our company know they are working with Professional agents, trained in Relocation, who know the process and will help guide them through the move. We have had the privilege of hearing "You at Coldwell Banker South Central Realty are the best in the business." That is a HUGE compliment as they deal with Real Estate Companies all over the Country.
I understand the stress involved in a move whether it is down the street or cross-country. You can count on me to relieve as much of that stress as possible, I will keep in close contact with you and with your relocation company (if you are using one). Let me know if you would like a relocation package sent your way, it has lots of information for your upcoming move.
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website: http://www.columbusareahomesforsale.com
Active Rain Blog: http://activerain.com/blogs/martindorgan
XING Network: http://www.xing.com/go/invita/11704402
Spectacular Results! That's what you want! That's what you deserve! That's what you really want, Right?
You want to find the home that's right for you-at the right price. You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
You want Martin Dorgan as Your Realtor!
Columbus Indiana Takes another "Big Hit"
Yet again, Columbus Indiana takes another "Big Hit" to its residents and its economy, which will invariably be impacted. The flood in June of 2008 devastated businesses and some home owners. But the world's economy, the National economy, and overall recession, have trickled down to one of Columbus's major employers, and employees.
Cummins announced about a month ago, they were laying off approximately 600 jobs, Yesterday in the Republic headlines they announced a further 800 Job losses, see the copy of the memo sent to Cummins employees.
Global Recession Forces Further Workforce Reductions
To All Employees:
During the fourth quarter, we made several announcements regarding the state of the Company and actions we have taken to deal with the global recession and its impact on our businesses.
We shut down plants temporarily and instituted a hiring freeze, continued to prioritize our capital expenditures and make other discretionary spending cuts, and made significant reductions in our contingent workforce. We offered a voluntary retirement package to employees who met certain criteria, and, finally, we took the difficult step of reducing our permanent professional workforce by approximately 600 people.
Unfortunately, the economic situation has continued to rapidly worsen around the world, and our markets have been further impacted. It has now become painfully clear that even more actions are needed to align our cost structure with our projected business levels, meet customer requirements and preserve our ability to invest for the future.
That is why I am announcing today that we will be further reducing our professional workforce around the world through a combination of voluntary retirements and involuntary terminations. We expect to reduce our professional workforce by at least an additional 800 people by March 1.
The voluntary retirement offer will be open to employees in certain regions who meet specific criteria. Eligible employees will have until Friday, Jan. 23 to sign up and until March 1 to leave the Company. Employees who are eligible will be notified by Human Resources.
As with the previous actions, termination decisions will be based on performance, skill levels and the nature of the work being done, and all parts of the Company will be affected. The involuntary actions will take place in February.
In addition, there will be no merit increases for any of our professional people this year, and officer salaries will be decreased by 10 percent for 2009.
Finally, we will continue to monitor production volumes at individual plants and take whatever actions are necessary as dictated by demand for our products. We also will further reduce contingent workers across the company based on the nature of the work and demand.
It is difficult to comprehend that after five straight years of record performance and greatly improved business fundamentals we are being forced to take such difficult actions twice in such a short period of time. These decisions are not made easily and I am acutely aware of the impact these actions have on both the employees who will be leaving and those who remain to do the hard work necessary to help us pull through this challenging period.
It is of little consolation that the economic conditions we face today are not of our own making. At the same time, we have a responsibility to all our stakeholders to meet our financial commitments and to keep Cummins competitive through this downturn so we can emerge a stronger company when the global economy and our markets recover.
Following these reductions, Cummins will be a good position to weather this downturn with low debt, healthy cash balances and a $1.1 billion revolving credit line for additional liquidity if we need it. Based on our understanding of the current economic conditions, we have no plans for further actions at this time.
I want to close by saying it is more important than ever that we continue to work together to leverage our collective skills and capabilities across the company. All of us are hoping for improved economic news in 2009, but we are prepared to manage even in the toughest of circumstances. In the meantime, I will continue to provide you with regular updates, and, as always, I appreciate the good work being done to keep Cummins strong during these difficult times.
Tom Linebarger
Well, this speaks volumes to the public and business here in Columbus, IN.. It will have a major effect in almost all aspects of life. I know it will impact the Real Estate market. There are signs that are already visible to the trained eye. Some agents have decided to put their license in referral status, some have taken other employment and some have just given up.
As for myself I see this as another opportunity, although it sure seems like a sad state of affairs! For Columbus.
See my previous blogs:
"Sad State of Affairs" or is it "Opportunity Knocking?" http://activerain.com/blogsview/873150/Its-a-Sad-State-of-Affairs-or-is-it-Opportunity-Knocking
"Columbus Indiana & Bartholomew County Market Conditions" http://www.trulia.com/blog/martin_dorgan/2009/01/bartholomew_county_colum
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website: http://www.columbusareahomesforsale.com
Active Rain Blog: http://activerain.com/blogs/martindorgan
Spectacular Results! That's what you want! That's what you deserve!
That's what you really want, Right?
You want to find the home that's right for you-at the right price.
You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
You want Martin Dorgan as Your Realtor!
It's a "Sad State of Affairs" or is it "Opportunity Knocking?"
Yes!, even here in Columbus Indiana, it's a sad state of affairs! Or is it opportunity knocking, where the housing market and Real Estate, have been minimally affected by the down turn in the economy, and many homes were ravaged with the Flood.
But is it a "Sad State of Affairs?", or is, "Opportunity Knocking!", a question that is not so easily answered. When people ask me, I say "It's sad for some and opportunistic for others!" With the lowest interest rates in years, that creates a great incentive to buy! The "Sad state of affairs" can be seen in the unemployment rate, the National Economy, and reflected in the stock market.
While checking the weather report and road conditions, I happened to visit the Columbus Sherriff's Website, where I located the next Real Estate Auction calendar, so I checked it out. I was simply in awe! There are 24 homes going on the auction block January 13, 2009, visit the following link to see homes that are available. http://bartholomewco.com/forms_center.php?folder_id=31&icon=31&dept=15
That made me think, so I then checked out Columbus, IN., on Trulia, first for Foreclosures, then Bank Owned, and then Auction, those you can look up on your own. Now imagine all those homes, plus the on hand inventory in the market today! Remember its a Buyer's Market. Should I suggest checking out "Ocwen" Properties http://www.ocwen.com/reo/home.cfm or even HMBI is dedicated to providing highly trained professionals to market and manage numerous single-family homes across the country for the Department of Housing and Urban Development http://www.hmbireo.com/. If you are considering the purchase of a HUD home, that is listed, on their site, I would be happy to answer questions for you, and represent you through the purchase process. And there is a definite process that requires strict adherence to HUD rules when purchasing a HUD home, I know I've experienced it a few times already.
The point here is that there are many individuals that are definitely saddened by the foreclosure and loss of their home and that is definitely a sign of the times and a sad state of affairs.
There is also a chance here for "Opportunity to Be Knocking" it's a very Opportunistic Buyer's market. So if you are thinking about moving or buying a home for the first time, or as an investment, the opportunity is there!
I suggest you hire an agent like myself to research and find that home. Visit my website at http://www.columbusareahomesforsale.com for more information regarding Buying or Selling. Get yourself Prequalified, have sufficient funds available, and as they say the "World Is Your Oyster!" and you too, can have the American Dream.
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website: http://www.columbusareahomesforsale.com
Active Rain Blog: http://activerain.com/blogs/martindorgan
Spectacular Results! That's what you want! That's what you deserve! That's what you really want, Right?
You want to find the home that's right for you-at the right price. You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
You want Martin Dorgan as Your Realtor!
Up until the typical slow period just before Christmas, the Columbus, Indiana Real Estate market was relatively stable with minimal decreases in overall sales, or value to homes.
Columbus, Indiana was fairing pretty well, we are still in kind of a bubble? The figures for 2007 Columbus home sales were $231,221,935. with 1408 units sold, and 2008 was $220,169,532. with 1316 units sold. Producing a 4.77% drop in total sales, and a 6.53% down turn in number of units sold..
The figures for year to year for Bartholomew County and the overall sales dropped from $331,818,914. with 2062 units sold in 2007, to $286,189,951. with 1788 units sold, in 2008. Which is basically a 13% drop year to year. Not really good but not bad considering some of the harder hit areas nationally.
Adding to this its considered a Buyers Market, inventory of homes on the market is sizeable, whether its regular sellers or the many individuals that are definitely saddened by the short sales, foreclosure and loss of their homes. And unfortunately the Government intervention took too long, or was too late for some.
There is a chance for "Opportunity To Be Knocking" it's a very Opportunistic Buyer's market. So if you are thinking about moving or buying a home for the first time, or as an investment, the opportunity is there! If you check mortgage rates over the years, we are now at record lows, presenting there is opportunity to buy a home with a very low interest rate. Provided of course that you have great or good credit, and a downpayment.
I suggest you hire an agent like myself to research and find that home. Visit my website at http://www.columbusareahomesforsale.com for more information regarding Buying or Selling. Get yourself Prequalified, have sufficient funds available, and as they say the "World Is Your Oyster!" and you too, can have the American Dream.
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website: http://www.columbusareahomesforsale.com
Active Rain Blog: http://activerain.com/blogs/martindorgan
Spectacular Results! That's what you want! That's what you deserve! That's what you really want, Right?
You want to find the home that's right for you-at the right price. You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
You want Martin Dorgan as Your Realtor!
Tipton Lakes
Tipton Lakes stands among the elite, as one of the finest of Indiana's planned residential communities, located on the western outskirts of the city of Columbus Indiana. Sprawling over 1200 acres of beautiful rolling hills, with three man-made lakes totaling 120 acres, that are inter-connected via waterways. The residents enjoy a sense of tranquility, embraced by the natural vegetation that has been preserved and protected. There are lush green wooded areas with dogwoods, oak, evergreen, pine and maple trees.
The area of Tipton Lakes encompasses many smaller neighborhoods with their own distinctive name, characteristics, benefits and appeal, for anyone wishing an exclusive lifestyle. Many different home styles have been created, surely something for everyones taste. You can walk through this community along paths, over bridges, stopping for a brief rest on a park bench, shaded by the canopy of tall pines, or maybe just laying on the grass, watching the small craft traverse through the canals.
Tipton Lakes has many amenities to offer each and every one of its residents. Including, a full scale Athletic Club, a Marina, the Harrison Ridge City Park, the Oakbrook City Park, and much more.
There is an active, and strong Association, with a Board of Directors, committees, representing the homeowners, together with a professional staff, the common areas are well maintained and managed. Tipton Lakes Community Association, Inc. is the "umbrella" homeowners' association and provides for the long-term management and maintenance of Tipton Lakes. The Association preserves property values and promotes the health, safety, and welfare of its residents. It does through the management and maintenance of the Common Areas, facilities and recreational amenities, providing community services, collecting and disbursing Association funds, rules enforcement, maintenance of architectural standards, and offering social activities. The Association functions both as a business and as a self-governing group.
If you have an interest in Tipton Lakes, whether you are relocating, or a resident of Columbus Indiana and you wish to move up, or you live in Tipton Lakes currently and you wish to list your home for sale, Call Me 812-603-1368 I will be honored to help you!
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website:http://www.columbusareahomesforsale.com/
Active Rain Blog:http://activerain.com/blogs/martindorgan
Spectacular Results! That's what you want! That's what you deserve! That's what you really want, Right?
You want to find the home that's right for you-at the right price. You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved