Posts tagged with "Indiana"

Latest Housing Market in Indianapolis Indiana – August 2023

MIBOR just released its Housing Market Data for August 2023. Listen to Bob Morris break down what’s happening in the 16 central Indiana counties. For specifics in your Indianapolis county, Click here for full PDF report

 

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What’s ahead in March for Homebuyers?

The Indiana Association of Realtors (IAR) just released its February Housing Market Report

  • Statewide home sales jumped 17% from January to total 4,895
  • New Listings gained 2% from the previous month
  • Sales price grew to 7% though homebuyers were able to take advantage of a more BALANCED MARKET to close sales at 95% of original listing price

  • Pending sales have been stable from January to February. Rising mortgage rates continue to threaten buyers back to the sidelines
  • As I have been saying for months, Indiana continues to outperform national sales trends. The population growth and economic development activity have been encouraging in driving demand for housing here

Did You Know Which State Was Ranked #1 In Forbes Magazine?

I get my share of calls from business owners (from small to large) searching for commercial properties in the Indianapolis area.

So when I ran across this Forbes article ranking Indiana as the #1 Best State to Start a Business, it didn’t surprise me one bit.

Just a few months back, I helped a client find a manufacturing and warehouse property on the north side to relocate his business from Montreal. Are you wondering Why Indiana? He had a number of reasons, though, according to Forbes…

  • Low taxes (and one of the more responsibly managed state finance systems)
  • Our cost of living is 15% less than average, and housing is a mere fraction of what it costs to live on the coasts. Think about that!
  • Indiana offers up multiple funding opportunities

IMHO, it sure makes a lot of business sense. If you (or someone you know) are thinking about this type of venture, give me a call/text (317-625-0655) to talk specifics. We can help with all property types- whether it’s a home, land, commercial building, or an investment property.

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