Posts tagged with "Local Market"

March Housing Market Update: Is NOW the Time to Buy or Sell in Indianapolis?

Are you thinking about moving to Indiana or wondering where to live in Indianapolis? If you’re planning to buy or sell in the City of Indianapolis or the Greater Indy area, the March housing market is buzzing with activity—and there’s a lot to know!

In this video, we’re breaking down everything you need to know about the current housing market in Indiana. With more buyers entering the market, inventory is still low, and the demand for homes in the area is high. Even with increased listings in March, we’re still facing a housing shortage—so, should you move to Indianapolis now or wait? Schedule your call today!

 

From a recent 30% jump in closings from February to March to the steady sale prices around $300K, this video will help you navigate the latest trends in the housing market. Whether you’re looking for houses for sale in Indianapolis or considering relocating to Indiana, I’ll guide you through what to expect, including how mortgage rates are affecting buyers and sellers. Full Report can be downloaded here. 

Thinking of relocating to Indiana?

Relocating to the Indianapolis Area

 

 

 

Zillow’s 2024 hot markets list: Is Indy included?

 

According to a new Zillow study, AFFORDABILITY is the most powerful force driving real estate, bringing lower-cost markets in the Great Lakes, Midwest, and South regions to the top of Zillow’s 2024 rankings.

It was great to see Indianapolis ranked # 4. To be honest, it did not surprise me one bit. I may be slightly biased since I’ve called this place home for most of my adult life. That aside, the boost in home values and job opportunities here is hard to overlook.

If you haven’t caught my latest videos on those very topics, you should check them out:

Read the Full Article

 

If you know someone relocating here, send them my FREE relocation guide  They will thank you! 😊

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