Market News

Local Market Review – April 2021

Housing data released by the MIBOR BLC® comparing April 2020 to April 2021 shows:

  • An increase in Median Sales Price of 13.1 percent to $237,500
  • An increase in Closed Sales of 17.1 percent to 3,033
  • New Listings increase 40.8 percent to 4,025

The market remains RED HOT.  Great to see some new inventory!

Looking for Specifics in your County, Call Me at (317) 625-0655

Local Market Review: February 2021

Housing data released by the MIBOR BLC® comparing February 2020 to February 2021 shows:

  • An increase in Median Sales Price of 18.9 percent to $223,500
  • An increase in Closed Sales of 6.1 percent to 2,243
  • New Listings decrease 24.0 percent to 2,178

The Indy median sales price is at an all-time February high. Inventory continues to be at an all-time low. The CONTINUED HIGH DEMAND makes it an optimal time to consider making a move. Give me a call at (317) 625-0655 to discuss your options.

New FHA Loan Limits for 2021

Starting January 1, 2021, the Federal Housing Administration (FHA) announced new loan limits.

What does this mean for you??

New FHA Loan Limits = New Homebuyer Budgets

Click Below For More Info

This may be the right time for you with the Indy market as well as the new loan limits.

If you have any questions, contact me at (317) 625-0655 or Mike Wickham, our trusted financial partner at Caliber Home Loans. We are always happy to answer any questions that you may have.