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- Despite the changing dynamics, the fundamentals of the Indianapolis housing market remain strong. The city's growing economy, diverse job market, and affordable cost of living continue to attract residents. This underlying strength suggests a stable market overall, with opportunities for both buyers and sellers.
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Jun 20, 2022 · Indianapolis is ranked as the 4th best housing market positioned for growth in 2022. According to Realtor.com, home sales in the metro area are expected to increase by nearly 15% while prices are projected to grow by 5.5%. One reason why the demand for homes in Indianapolis is so strong is due to the number of out-of-state real estate investors.
While affordability concerns are stifling the market for single-family homes, the demographic drivers of housing demand are strong. Due largely to the sizeable millennial generation, young adults have flooded Hoosier housing markets in recent years.
May 8, 2024 · The Indianapolis housing market is a seller's market, meaning buyer demand exceeds current supply. Here are the market trends and forecast for 2024.
Jan 8, 2024 · Why it matters: The hottest markets of the year are projected to have strong demand, steady home values, a growing number of homeowners and job growth, per the report. Zoom in: Indianapolis, No. 4 on the list, jumped 13 spots from 2023 to 2024.
- House Hunting During The Economic Shutdown and Reopening
- Buyer Demographics
- Tips For Buying and Selling A House in A Tight Market
- Consumer Behavior and Market Influences
- Where Buyers Are Moving
- Notable Home Sales
How coronavirus has affected Indianapolis home sales:The novel coronavirus may have changed how real estate agent Tiffany Dearman showcases for-sale homes, but it hasn't slowed her business. When she listed a newly-constructed single-family home for sale in early May, the home sold within six minutes of appearing online. The sale is one example of ...
Out-of-town home buyers are flooding Indianapolis. Here's why: While it's safe to assume that most of those looking for a new home in the Indianapolis-Carmel-Anderson metro area live there, economists at the residential real estate website realtor.com say at least one-third of them do not. Prospective buyers from Chicago, New York, St. Louis, Louis...
Here are 7 tips for potential homebuyers in this tough Central Indiana real estate market:“Homebuyers are facing the toughest buyer's market in a generation, maybe ever,” says Avery Garrett, Realtor, owner and managing broker at Streamlined Realty in Greenwood. But, if you’re in the market anyway – say, because you have to move or you really want a...
Why some homebuyers are paying $100,000 over asking price in Central Indiana:Have your heart set on a dream home? In this seller’s market, you might pay a premium to snag it — if that’s even possible. “I’ve sold three houses this month at over $100,000 over list price,” says Kristie Smith, a Realtor with Indy Homes Team at Keller Williams Realty. “...
Here's why Lafayette is the nation's 6th-hottest home market:Virtually no place is hotter right now than Lafayette. The city ranked No. 6 on realtor.com’s recently released list of the 20 hottest real estate markets in the U.S. for March. The site ranks metros monthly based on market demand, measured by unique viewers per property on its site; and ...
Historic mansion home to Newfields CEOs was listed for $2.2M — and has accepted an offer:For the first time in almost 90 years, the majestic mansion that housed the Clowes family and Newfields' museum directors has been put up for sale. The list price? $2.2 million. The time lapsed between its market debut and an offer that's been accepted? Four da...
- Alexandria Burris
- Investigative Reporter
Jul 15, 2021 · Although Indiana’s housing market continued to heat up last month amid unprecedented demand for homes, the median sale price for single-family homes dropped for the first time since January,...
Dec 13, 2021 · A strong indicator of the historically high demand and limited supply in the real estate market is the fact that as many as 50.5% of homes in the United States are being sold for above their...
