Northeast Indiana Real Estate Strong Despite Surprising Rate Surge & Community Events Calendar

in Events by Michael Archbold On March 1, 2024 76 Views

As we step into 2024, the real estate market in Northeast Indiana real estate continues to display robust activity, showcasing resilience despite fluctuations in mortgage rates. January 2024 witnessed a significant surge in median home prices, marking a remarkable 15.4% increase compared to the same period in 2023. The median home price now stands at $225,000, reflecting the region’s growing attractiveness for homeowners and investors alike. Furthermore, the influx of new listings surged by 19.8%, indicating a burgeoning market with ample opportunities for both buyers and sellers.

Amidst the economic landscape, where inflationary pressures have caused mortgage rates to creep back up to 7.0%, Northeast Indiana’s real estate market remains buoyant. Despite initial concerns, prospective buyers are gradually adapting to the higher rate environment, spurred on by the region’s flourishing job market and attractive quality of life. Sellers, too, are recognizing the need to adjust their expectations, understanding that embracing the current market dynamics is crucial for realizing their housing goals. With pending sales increasing by 15.8% and closed sales up by 7.6%, the groundwork is laid for a promising spring season in the real estate arena.

Looking ahead, Northeast Indiana is poised to witness a flurry of real estate activity in the coming months, propelled by a lineup of exciting events and attractions across Fort Wayne. Here’s a glimpse into some of the upcoming events that residents and visitors alike can look forward to:

Northeast Indiana Real Estate Strong Despite Surprising Rate Surge & Community Events Calendar | RE/MAX Results | Hoosier Home Listings | Michael Archbold

Fort Wayne Events Calendar:

March 1-3 | Fri-Sun, 11AM-8PM
- Fort Wayne Home & Garden Show at Memorial Coliseum
March 2 | Sat, 10AM-5PM
- Doctor’s Day at Science Central
March 2 | Sat, 7:30PM
- Fort Wayne Komets vs Wheeling Nailers at Memorial Coliseum
March 3 | Sun, 5PM
- Fort Wayne Komets vs Indy Fuel at Memorial Coliseum
March 7 | Thurs, 6:30PM
- Sip & Shop at Bishop Luers High School
March 7 | Thurs, 6:30PM
- Lauren Daigle, The Kaleidoscope Tour at Memorial Coliseum
March 8 | Fri, 7:30PM & 10:15PM
- March 9 | Sat, 7PM & 9:45PM
- Jason Mewes at Summit City Comedy Club
March 8-10 | Fri-Sun, times vary
- The Great Train Connection at Foellinger-Freimann Botanical Conservatory
March 9 | Sat, 6PM
- Disney Trivia at Auburn Brewing Company
March 9 | Sat, 8PM
- Bruce in the USA, Bruce Springsteen Tribute at Clyde Theatre
March 12 | Tues, 7PM
- Disney Princess, The Concert at Embassy Theatre
March 13 | Wed, 4:30-5:30PM
- LEGO League for Teens at Eckhart Public Library
March 14 | Thurs, 5:30PM & 8PM
- March 16 | Sat, 4PM
- NCAA Division III Men’s Basketball Championships at Memorial Coliseum
March 14 | Thurs, 7:30PM
- The Simon & Garfunkel Story at Embassy Theatre
March 16 | Sat, 8:30AM-8PM
- Fort Wayne Firefighters Get Green Fest at Carole Lombard Memorial Bridge
March 20 | Wed, 7:30PM
- Fort Wayne Komets vs Kalamazoo Wings at Memorial Coliseum
March 21-24 | Thurs-Sun, times vary
- The Lucky Duck Spring/Summer Children’s Consignment Sale at Kruse Plaza
March 23 | Sat, 5PM
- Wine by the Glass at Fort Wayne Museum of Art
March 23 | Sat, 7PM
- Rodney Carrington at Embassy Theatre
March 23 | Sat, 8PM
- Queen of the Night, A Tribute to Whitney Houston at Clyde Theatre
March 29-30 | Fri-Sat, 10AM-3PM
- Bunny Tales in the Garden at Foellinger-Freimann Botanical Conservatory
March 30 | Sat, 7:30PM
- Fort Wayne Komets vs Kalamazoo Wings at Memorial Coliseum
ALL MONTH | Fri, 8PM-12AM
- Country Night at Pedal City
ALL MONTH | Sat, 9PM-1PM
- Fort Wayne Farmers Market at The Franciscan Center
ALL MONTH | Sat, 9PM-1PM
- YLNI Farmers Market at Olde East End Building

From entertainment extravaganzas to cultural festivals and community gatherings, Fort Wayne offers something for everyone this March. As the real estate market continues to thrive amidst evolving economic landscapes, these events serve as a testament to the vibrant spirit and enduring appeal of Northeast Indiana. Whether you’re a prospective homeowner, a seasoned investor, or a resident eager to explore the local scene, there’s no shortage of opportunities to immerse yourself in the dynamic fabric of this thriving region.

-Mike

Why Does RE/MAX Results Stand Out Among the Competition?

Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.

Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business.

The relationships we build with our clients enable us to work 100% by referral. The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!

Want to experience the difference for yourself? Call or text me today at 260-579-1516.

“Professional Service with a Personal Touch“

Hoosier Home Listings – Northeast Indiana Real Estate Strong Despite Surprising Rate Surge & Community Events Calendar…

… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.

The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to RE/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.